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July 17, 2025

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Elon Musk

Tesla beats Wall Street expectations to produce record number of vehicles

Report comes amid concerns Elon Musk, who owns SpaceX, Neuralink and Twitter, is spread too thinTesla narrowly beat Wall Street expectations in the second quarter of 2023, but shares began to fall in after hours trading following an earnings call that …

July 20, 2023
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Tesla directors agree to return $735m to settle claims they were grossly overpaid

Shareholders sued the directors over stock option awards in 2017, accusing them of unfair and excessive compensationTesla Inc’s directors will return $735m to the company to settle claims they grossly overpaid themselves in one of the largest sharehold…

July 18, 2023
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Elon Musk Launches AI Startup Focus on Understanding Reality

Elon Musk publicly announced the establishment of xAI, a startup that aims at exploring “the true nature of the universe” and will also compete against OpenAI’s well-known chatbot ChatGPT. “The goal of xAI is to understand the t…

July 13, 2023
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Twitter owes ex-employees $500m in severance, lawsuit claims

Former head of employee benefits files proposed class action over workers laid off after Elon Musk acquired companyTwitter allegedly refused to pay at least $500m in promised severance to thousands of employees who were laid off after Elon Musk acquire…

July 13, 2023
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Elon Musk’s Tesla plans to launch electricity supplier in Britain

Tesla Electric seeks executive ‘with healthy scepticism of status quo’ to manage entry into UK energy marketElon Musk’s Tesla is poised to disrupt Britain’s energy market with the launch of a new household supplier.The maker of electric cars, which als…

July 12, 2023
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‘Twitter killer’ Threads app hits 100m sign-ups in less than five days

Mark Zuckerberg’s rival to Elon Musk-owned platform has grown rapidly since launch last WednesdayCould Meta’s Threads deal a knockout blow to Twitter?Mark Zuckerberg’s “Twitter killer” Threads app has reached 100m sign-ups in less than five days.The Tw…

July 10, 2023
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Elon Musk goes low against Zuckerberg as Twitter-Threads spat intensifies

Twitter owner calls Facebook founder a ‘cuck’ as rancour grows over launch of Threads, a competitor to Musk’s networkTwitter owner Elon Musk has suggested he and Mark Zuckerberg should have “a literal dick-measuring contest” in the latest broadside aim…

July 10, 2023
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Twitter account suspended for tracking Elon Musk’s jet joins Meta’s Threads

Long reviled by Twitter’s owner, @elonmusksjet is now tracking the billionaire’s jet from the new social media appThe college student whose Twitter account monitored the course of Elon Musk’s private jet has moved his tracking project to Meta’s newly l…

July 10, 2023
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New Twitter rules restrict US weather service, raising safety fears

Limits on number of tweets users can see have prevented National Weather Service from receiving key reportsTwitter’s new volume limits on viewing posts suddenly left several National Weather Service (NWS) offices across the US unable to receive tweets …

July 7, 2023
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Twitter threatens to sue Meta over launch of rival Threads app

In a letter to CEO Mark Zuckerberg, a lawyer for the Elon Musk-owned app said Meta had unlawfully misappropriated trade secretsTwitter has threatened to sue Meta over its new Threads app, which Mark Zuckerberg has openly billed as a rival, claiming th…

July 6, 2023
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