Elon Musk news and trends

AI Explained: Artificial General Intelligence
artificial intelligence // April 29, 2024

As the field of artificial intelligence (AI) continues to advance at a rapid pace, the concept of artificial general intelligence (AGI) has captured the attention of researchers, tech enthusiasts and the media alike. AGI refers to the development of intelligent machines that can think, learn and perform any intellectual task that a human can. ...

Elon Musk’s xAI Close to Raising $6 Billion
artificial intelligence // April 26, 2024

Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors. The funding round would value xAI at $18 billion, Bloomberg reported Friday (April 26). Silicon Valley venture capital (VC) firm Sequoia Capital has committed to investing in the startup,...

Musk’s Master Robotaxi Plan: Giving Tesla the Uber, Airbnb Treatment
Ridesharing // April 24, 2024

The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That’s why, according to Tesla CEO Elon Musk, it’s a good thing that Tesla is not an EV company — it is a next-generation autonomy and artificial intelligence (AI) platform. And...

Tesla Calls Itself an AI, Robotics Company as Profits Plunge 55% 
Earnings // April 23, 2024

There was nothing electric about electric vehicle (EV) maker Tesla’s latest financial results. The company reported its first quarter 2024 earnings results Tuesday (April 23), disclosing a 55% drop in profits when compared to the same period last year. “We experienced numerous challenges in Q1, from...

Interviews & Exclusives
What If: Elon Musk’s X Becomes the Next Super App?

August 03, 2023
Super apps like Alibaba’s Alipay and Tencent’s WeChat have become super successful in Asia. Their market dominance in turn has made Western entrepreneurs “super” interested in building their own, perhaps none more so than Elon Musk. The South African-born tech titan has recently added more fuel to the fire by replacing the longtime bluebird logo of […]

What Happens When a Tech Company Builds Cars? Ask Tesla About Dojo

July 20, 2023
Tesla is famously not just a car company — it’s a software company.  And a key, promised part of that software vision is the realization of autonomous, fully self-driving (FSD)...

Musk’s Plans to Forge a Financial Ecosystem May Face Harsh Realities  

April 03, 2023
It’s one thing to envision building a financial ecosystem: A digital front door where users lock into a continuum of banking, payments, app-driven activities that flow naturally across hardware, software...

Musk’s Twitter-as-Payments-App Narrative Gains Steam

November 01, 2022
There’s a growing narrative that Tesla CEO Elon Musk isn’t just planning to make payments a key part of his plans to remake Twitter, but that he bought the social...

Quick Reads
Tesla Cutting Jobs Across Departments as Part of Restructuring

May 06, 2024
Tesla has reportedly laid off employees across several departments over the last three weeks. These job cuts follow the automaker’s announcement three weeks ago that it was laying off 10% of its workforce, Electrek reported Monday (May 6). Workers in software, service and engineering roles have been impacted by the layoffs, according to the report.  Tesla CEO Elon Musk […]

Elon Musk’s xAI Close to Raising $6 Billion

April 26, 2024
Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors. The funding round would value xAI at $18 billion, Bloomberg reported Friday (April 26)....

Elon Musk Says X Will Charge Fee to Reduce Bots

April 15, 2024
Elon Musk said Friday (April 12) that charging users a “small fee” to become active on X may be necessary to reduce bots and spam on the social media platform....

Musk Promises Tesla Robotaxis Amid Rocky EV Market

April 07, 2024
Tesla CEO Elon Musk says the company will debut a robotaxi this summer. “Tesla Robotaxi unveil on 8/8,” Musk wrote on X Friday (April 5). The multibillionaire had predicted in 2019...