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Elon Musk

It was not immediately clear whether Tesla will consider importing cars at the tax rate of as high as 100 per cent or if it will make investment commitments under India's new policy

Updated On: 10 Dec 2024 | 10:51 PM IST

A week after President-elect Donald Trump's victory, Elon Musk said his political action committee would play a significant role in primaries. The following week, the billionaire responded to a report that he might fund challengers to GOP House members who don't support Trump's nominees. How else? There is no other way, Musk wrote on X, which he rebranded after purchasing Twitter and moving to boost conservative voices, including his own. And during his recent visit to Capitol Hill, Musk and entrepreneur Vivek Ramaswamy delivered a warning to Republicans who don't go along with their plans to slash spending as part of Trump's proposed Department of Government Efficiency. Elon and Vivek talked about having a naughty list and a nice list for members of Congress and senators and how we vote and how we're spending the American people's money," said Rep. Marjorie Taylor Greene, R-Ga. Trump's second term comes with the specter of the world's richest man serving as his political enforcer.

Updated On: 10 Dec 2024 | 11:02 AM IST

Redmi 14 Pro series launched. Grok AI free tier on X. Realme 14 Pro series 5G launch soon. Sony PlayStation VR2 controllers for Apple Vision Pro

Updated On: 09 Dec 2024 | 8:02 PM IST

For free-tier users on X, Grok only allows 10 text prompts every two hours and up to three image generations at a time

Updated On: 09 Dec 2024 | 4:54 PM IST

Elon Musk's contribution in the 2024 election cycle eclipsed the previous record set by Tim Mellon, the top Republican donor in recent years, who contributed close to $200 million

Updated On: 07 Dec 2024 | 12:47 PM IST

The biggest donor by far for the entire election cycle, Elon Mus, poured $75 million into the pro, Trump super political action committee

Updated On: 07 Dec 2024 | 9:52 AM IST

Elon Musk was the sole funder of a super PAC formed less than a month before the election that focused on advertising intended to convince voters that Donald Trump's stance on abortion was akin to that of late Supreme Court Justice Ruth Bader Ginsburg. A group titled RBG PAC, formed in mid-October, received a single contribution of USD 20.5 million from an entity entitled Elon Musk Revocable Trust a week later, according to federal campaign finance reports filed this week. Because of the short timeline between the donation and Thursday's reporting deadline, Musk's affiliation with the group which he did not talk about publicly wasn't revealed until the filings became public. In the closing weeks before the November 5 election, the RBG PAC group ran a TV ad noting Trump's statements that he would not, as president, sign a national abortion ban, with a narrator saying he does support reasonable exceptions for rape, incest and the life of the mother. Ginsburg believed that the ...

Updated On: 06 Dec 2024 | 11:36 PM IST

Musk put in at least $274 million into political groups in 2024, fueling a spree that helped Donald Trump win the presidential election

Updated On: 06 Dec 2024 | 10:13 AM IST

The equity financing came from 97 investors, and includes stakes as small as $77,593

Updated On: 06 Dec 2024 | 8:29 AM IST

Isaacman said he was honoured to be nominated and would be "grateful to serve"

Updated On: 05 Dec 2024 | 12:48 AM IST

McCormick, the Delaware Chancery Court's chief judge, is an old hand at dealing with Musk-related backlash. In January she got an earful from critics, both in online posts and letters to her chambers

Updated On: 04 Dec 2024 | 7:39 AM IST

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Updated On: 03 Dec 2024 | 11:26 PM IST

A massive $56 billion pay package of Elon Musk was blocked by a Delaware judge, sparking a fierce legal showdown as Tesla vows to fight back in court

Updated On: 03 Dec 2024 | 11:29 AM IST

No official announcements have been made. However, such a move could be in line with previous speculation that the Trump administration could gut Nasa

Updated On: 03 Dec 2024 | 10:53 AM IST

Current conversations with SpaceX are ongoing and the details of a potential transaction could change depending on interest from insider sellers and buyers

Updated On: 03 Dec 2024 | 8:40 AM IST

Delaware Chancery Court Judge Kathaleen St. J McCormick decided to stick with her original finding in January that the company's board was too much under the influence of Musk in 2018

Updated On: 03 Dec 2024 | 8:34 AM IST

News updates: Catch all the latest news updates from around the world here

Updated On: 02 Dec 2024 | 8:28 PM IST

A spokesperson for OpenAI said Musk's filing "again recycles the same baseless complaints" and "continues to be utterly without merit."

Updated On: 01 Dec 2024 | 9:56 PM IST

Donald Trump's election win, coupled with his association with crypto advocate Elon Musk, has reignited optimism in the sector

Updated On: 01 Dec 2024 | 4:42 PM IST

The question isn't just where we should invest - it's who we want to be.

Updated On: 30 Nov 2024 | 12:36 AM IST