Wednesday, 8 December, 2021
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File photo of Elon Musk, chief executive officer of Tesla Inc.| Bloomberg

Elon Musk sells $5 billion of Tesla stock after Twitter poll

Musk has so far has disposed of more than 4.5 million shares this week — his first sales in more than five years.
Elon Musk, CEO of Space Exploration Technologies Corp. (file photo) Photographer: Susana Gonzalez | Bloomberg

Elon Musk loses $50 billion in 2 days in record wealth plunge as Tesla shares fall

Tesla’s fall started when Musk asked his Twitter followers whether he should sell 10% of his stake in the company, followed by news that his brother sold shares just before the poll.
File photo of Elon Musk, chief executive officer of Tesla Inc.| Bloomberg

Twitter has spoken: Elon Musk should sell 10% of his stake in Tesla

In a Twitter poll that Musk launched Saturday, a majority of 3.5 million Twitter users — 58% — voted in favour of the share sale.

Why Tesla CEO Elon Musk is his own worst enemy

Musk has broken the mould of being a modern CEO and gotten away with it — be it smoking marijuana on a podcast, pushing a departing executive or being sued for securities fraud.
File image of Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc | Photographer: Liesa Johannssen-Koppitz | Bloomberg

With $36 billion boost to net worth in a day, Elon Musk is now worth more than Pakistan GDP

The surge in Musk’s net worth is powered by an order of 1 lakh Tesla vehicles from US-based car rental company Hertz, which sent electric vehicle giant’s shares surging by 13% Monday.
Elon Musk, founder of SpaceX and CEO of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, in December 2020 | Liesa Johannssen-Koppitz | Bloomberg

Elon Musk now worth more than Exxon Mobil as Tesla CEO’s fortune jumps to $288.6 bn

Musk's wealth jumped by $36.2 billion following a surge in Tesla’s stock price after Hertz Global Holdings ordered 100,000 cars.
A motherboard at the World Artificial Intelligence Conference in Shanghai, China | Representational image | Photo: Qilai Shen | Bloomberg

Mark Zuckerberg and Elon Musk’s AI gamble shows why the tech is not ready for prime time

To build good AI, programmers need to spend the vast majority of their time on data — a dull, difficult & therefore neglected work. The result is error-riddled data sets in AI systems.

Elon Musk’s Tesla Bot comes with serious concerns – but not the ones you think

As a researcher who studies ethical use of emerging tech, I find the Tesla Bot raises concerns that transcend sci-fi fears of super-smart robots.
Signage outside a Tesla Inc. service center in Sydney, Australia | Photographer: Brent Lewin | Bloomberg

Modi govt asks Tesla about its sourcing plans, India roadmap before considering tax breaks

The Ministry of Heavy Industries also asked Tesla for its thoughts on importing fully built cars versus partially built vehicles, which attract a lower import levy.
Elon Musk, chief executive officer of Tesla Inc., arrives at court during the SolarCity trial in Wilmington, U.S on 13 July, 2021 | Bloomberg file photo

Elon Musk can tell you why India won’t see Teslas anytime soon

India's protectionist instincts have kept out international auto companies for decades. It now needs its own holistic model that touches on auto parts & consumer incentives for EVs.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.