Tag: Elon Musk
Elon Musk lands $44.9bn pay deal after Tesla vote
Elon Musk has won back his $44.9bn pay package at electric carmaker Tesla after shareholders voted to restore the compensation deal in a ringing...
Starlink launches in Sierra Leone
Sierra Leone has become the fifth African country to grant a license to Starlink, the satellite broadband service launched by California-based SpaceX, the spacecraft...
Musk asks Nvidia to ship AI chips booked for Tesla to...
Tesla CEO Elon Musk has told Nvidia to prioritise shipments of AI processors to his companies X and xAI over the electric-vehicle maker, CNBC...
Elon Musk’s xAI valued at $24 bln after fresh funding
Elon Musk's AI startup xAI raised $6 billion in Series B funding, reaching a post-money valuation of $24 billion as investors bet big on...
Elon Musk’s SpaceX doubles price for Starlink Global Roaming Plan
SpaceX's Starlink has announced a significant price increase for its global roaming plan, which provides satellite internet service worldwide. This plan has been used...
After layoffs, Musk says Tesla to spend $500 mln on charging...
Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on Friday, days after abruptly laying...
Elon Musk guts Tesla’s charging team after winning over major automakers
Tesla has gutted its charging team in a new round of layoffs, despite recently winning over major automakers like Ford and General Motors and...
SES to buy Intelsat for $3.1-billion
Satellite company SES has aged to buy Intelsat Holdings for US$3.1-billion in a deal that would create a major European player but raised investor...
xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding...
xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one...
Tesla to sack over 6000 employees, cut global workforce by 10%
Tesla Inc. is set to enact significant job cuts, affecting more than 6,000 employees across its operations in Texas and California, aligning with CEO...