ELON MUSK

House Oversight Committee Chair James Comer will lead the first major congressional hearing on Twitter since Republicans took control of the House.

According to Politico, Rep. Adam Schiff, D-Calif., is frustrated over Twitter CEO Elon Musk choosing to visit only GOP lawmakers during his recent trip to Capitol Hill.

Billionaire Elon Musk snubbed Congressional Democrats in his first visit to Capitol Hill since purchasing Twitter, the latest sign of his newfound Republican leanings.

LONDON — (AP) — A top European Union official told Elon Musk that Twitter needs to make progress in preparing for a new law aimed at curbing hate speech, misinformation and other harmful content, adding pressure on the company to ensure it complies. EU Commissioner Thierry Breton and Musk held a video call on Tuesday to assess Twitter's readiness for Europe's new rules, known as the Digital Services Act, that are set to take effect later this year. Breton noted that Twitter has committed to complying with the new EU regulations, which will start applying to the biggest online platforms by September. Breton had warned Musk in a previous call in November that the company needs to comply with Europe's new rules. The Digital Services Act is part of the EU's overhaul of digital rules aimed at reining in the power of online platforms and social media companies and cleaning up toxic content.

A top European Union official has told Elon Musk that Twitter needs to make progress in preparing for new digital regulations aimed at curbing hate speech, misinformation and other harmful content.

The mind-bending estimates laid out by two experts hired by attorneys representing Tesla shareholders underscored the challenges facing a nine-person jury as the three-week trial winds down this week. Without acknowledging any wrongdoing, Musk and Tesla reached a $40 million settlement with securities regulators after Musk's troublesome tweets in August 2018. In this class-action lawsuit on behalf of Tesla shareholders, the jurors must first determine whether two tweets that Musk abruptly posted on Aug. 7, 2018 steered Tesla investors in the wrong direction. The crux of the case hinges on an Aug. 7, 2018, tweet in which Musk declared "funding secured " to take Tesla private. After consulting with Tesla's major shareholders, Musk decided the electric automaker should remain publicly traded — a decision that has paid off for him and other investors.

An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed.

The U.S. Justice Department has requested documents from Tesla Inc. related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing. A separate probe into Teslas that were using Autopilot when they crashed into emergency vehicles started in August 2021. Including the Florida crash, NHTSA has sent investigators to 35 Tesla crashes in which automated systems are suspected of being used. Since 2021, Tesla has been beta-testing “Full Self-Driving” using owners who haven’t been trained on the system but are actively monitored by the company. NHTSA has noted in documents that numerous Tesla crashes have occurred in which drivers had their hands on the wheel but still weren’t paying attention.

The U.S. Justice Department has requested documents from Tesla Inc. related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing. A separate probe into Teslas that were using Autopilot when they crashed into emergency vehicles started in August 2021. Including the Florida crash, NHTSA has sent investigators to 35 Tesla crashes in which automated systems are suspected of being used. Since 2021, Tesla has been beta-testing “Full Self-Driving” using owners who haven’t been trained on the system but are actively monitored by the company. NHTSA has noted in documents that numerous Tesla crashes have occurred in which drivers had their hands on the wheel but still weren’t paying attention.

The U.S. Justice Department has requested documents from Tesla related to its Autopilot and “Full Self-Driving” features.

Allegations of stock manipulation and accounting fraud from New York-based investor Hindenburg Research against Adani Group are piling pressure on the Indian conglomerate and its 60-year-old founder. Gautam Adani is one of Asia’s richest men and at one point last year was second only to Elon Musk in the world. Unlike Musk, Adani is relatively unknown outside his home country. Here’s some background on him and what’s going on.

Allegations of stock manipulation and accounting fraud from New York-based investor Hindenburg Research against Adani Group are piling pressure on the Indian conglomerate and its 60-year-old founder. Gautam Adani became Asia’s richest man last year and was second only to Elon Musk in the world at one point. Unlike Musk, Adani is relatively unknown outside his home country. Here’s some background.

Allegations of stock manipulation and accounting fraud from New York-based investor Hindenburg Research against Adani Group are piling pressure on the Indian conglomerate and its 60-year-old founder. Gautam Adani became Asia’s richest man last year and was second only to Elon Musk in the world at one point. Unlike Musk, Adani is relatively unknown outside his home country. Here’s some background.

SAN FRANCISCO — (AP) — Elon Musk's enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting. “It is relatively easy for me to get investment support because my track record is extremely good,” Musk wryly observed. THE TROUBLESOME TWEETSThe crux of the case hinges on an Aug. 7, 2018, tweet in which Musk declared "funding secured" to take Tesla private. That is one reason U.S. District Judge Edward Chen had decided last year that Musk's 2018 tweets were false and has instructed the jury to view them that way. Musk also enlisted Dan Dees, a top executive with Goldman Sachs, an investment banking firm that had worked closely with Tesla.

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.

Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting. The trial, centered on a pair of tweets announcing Musk had obtained the money to take Tesla private in 2018, reeled the 51-year-old billionaire into a federal courtroom in San Francisco for three days of testimony that opened a peephole into his often inscrutable mind. Musk, who now owns the Twitter service that he deploys as his megaphone, was often a study in contrasts during his roughly eight hours on the stand.

Allegations of stock manipulation and accounting fraud from New York-based investor Hindenburg Research against Adani Group are piling pressure on the Indian conglomerate and its 60-year-old founder. Gautam Adani became Asia’s richest man last year and was second only to Elon Musk in the world at one point. Unlike Musk, Adani is relatively unknown outside his home country. Here’s some background.

Self-made millionaire Grant Cardone says wealthy people think about money in a completely different way than most Americans. Here are the money rules that helped them get rich.

Matt Taibbi joined "One Nation with Brian Kilmeade" to reveal details behind the Russian disinformation bot narrative, saying it involved "very few Russians" if at all.

Logan Paul and Ricochet created a memorable moment at the Royal Rumble Saturday night in San Antonio with a huge springboard clothesline during the event.

Elon Musk was once hailed as the secret to Tesla's success. Now he's one of its problems.

WASHINGTON — (AP) — Tesla CEO Elon Musk and a pair of top aides to President Joe Biden met in Washington on Friday to discuss the electric vehicle industry and the broader goal of electrification. Musk and Biden did not meet, White House press secretary Karine Jean-Pierre said. Landrieu oversees federal spending on infrastructure, which included financial help for the electric vehicle industry. Asked whether the meeting signaled a new phase in White House relations with Musk, Jean-Pierre said it “says a lot” about how Biden sees the importance of both pieces of legislation. “I think it's important that his team, senior members of his team, had a meeting with Elon Musk,” she said.

Tesla CEO Elon Musk and top aides to President Joe Biden have met in Washington to discuss electric vehicles.

Tesla shares rose 33% to close their best week since May 2013, boosted by positive economic data and an earnings beat.

McCarthy also confirmed to reporters on Friday he had convened a meeting in his office that day with Elon Musk and several top Republicans.

Elon Musk said he met with House Speaker Kevin McCarthy and House Minority Leader Hakeem Jeffries to discuss ensuring Twitter “is fair to both parties.”

Allegations of stock manipulation and accounting fraud from New York-based investor Hindenburg Research against Adani Group are piling pressure on the Indian conglomerate and its 60-year-old founder. Gautam Adani became Asia’s richest man last year and was second only to Elon Musk in the world at one point. Unlike Musk, Adani is relatively unknown outside his home country. Here’s some background.

Low number of jobless claims, sign of a still-strong labor market. Fourth-quarter economic growth was 2.9% versus 2.8% expected.

Tesla shares moved sharply upward after CEO Elon Musk noted that the electric car manufacturer could produce 2 million cars in 2023.

Tesla is installing the machinery needed to build the Cybertruck pickup and expects to begin low volume production sometime this summer in Texas.

Tesla has a number of challengers in China, including a slew of start-ups such as Nio, Xpeng and Li Auto. Tesla's biggest rival in China right now is BYD.

Fall for conspiracy theories isn't driven by ignorance, or isolation, or insanity. It's something far more common — and way, way scarier.

The company confirmed it plans to produce high volumes of semi-trucks and make enough cell batteries for 2 million light-duty vehicles annually in Nevada. He said the expansion would create 3,000 jobs in Nevada while promoting clean energy and strengthening U.S. security. Lombardo tweeted a photo late Tuesday of himself with Musk at Tesla’s “Gigafactory” in the industrial park east of Reno-Sparks, where it makes batteries for electric vehicles. The truck has a range per charge of 500 miles (800 kilometers) when pulling an 82,000-pound (37,000-kilogram) load, Musk said. The Austin, Texas, maker of electric vehicles and solar panels said on Wednesday it earned $3.69 billion from October through December, or an adjusted $1.19 per share.

The company’s forecast for vehicle production falls short of estimates and its focus on compound annual growth obscures 2023’s sharp slowdown.

Facebook parent Meta is reinstating former President Donald Trump’s personal account after two-year suspension following the Jan. 6 insurrection.

“If something really upsets you, go for a walk around the factory," Ron Baron, a major Tesla shareholder, told Musk in a July 15, 2018 email that was displayed as evidence during Wednesday's trial. While testifying Wednesday, Gracias acknowledged having some discussions that "maybe Elon should take a break from tweeting." Tesla's board never took formal action to rein in Musk's Twitter usage, but Gracias testified that he personally asked him to stop tweeting about a potential Tesla buyout without board approval after the Aug. 7, 2018 tweets. Just to make sure, Fath followed up with an email to Musk imploring him to “remember the golden rule. “Do you know that this is trial is not about whether Elon Musk is a good or bad tweeter?"

Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter has taken center stage in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unraveled.

Tesla has posted record net income for the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.

Four manufacturers dominate the market for large semitrucks, led by Daimler Trucks' Freightliner brand. But the business is facing challenges from the outside.

Tesla says it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits will keep margins higher than any other automaker.

After just one day after being reinstated back on Twitter thanks to owner Elon Musk’s blanket pardon of hate figures, white nationalist and anti-Semite Nick Fuentes has once again been kicked off the platform.

Tesla is contending with recent price cuts and deliveries that missed expectations.

Tesla's price cuts make the vehicles more affordable and likely eligible for federal EV tax credits but tank the resale values of cars for current owners.

Elon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout that the billionaire defiantly insisted Tuesday he could have pulled off, had he wanted. (Jan 24)

The statements resulted in Musk and Tesla to reach the $40 million settlement without acknowledging any wrongdoing. After those tweets, Musk declared Tesla would remain publicly a few weeks later. While being steered by Spiro, Musk told jurors he had stated only that he was “considering” a Tesla buyout but never promised a deal would get done. While being grilled the day before by Porritt, Musk at times was combative, indignant and exasperated. Musk's ownership of Twitter also has proved unpopular with Tesla shareholders who worry about him being distracted as the automaker faces more competition.

In its quest to secure the raw materials needed to make electric vehicles, the US is turning to some questionable places.

As Spiro gently prodded him, Musk told the nine-person jury he had stated only that he was “considering" a Tesla buyout but never promised a deal would get done. While being grilled the day before by an attorney representing Tesla shareholders, Musk at times was combative, indignant and exasperated. “I don’t believe they actually represent shareholders,” Musk sneered, drawing a rebuke from U.S. District Judge Edward Chen, who ordered the remark stricken from the record. “It’s not a problem for me to raise money,” Musk said, chuckling. The statements resulted in Musk and Tesla to reach the $40 million settlement without acknowledging any wrongdoing.

Elon Musk has concluded his testimony in a federal trial over a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout.

The Crown Estate, whose vast portfolio includes Twitter's U.K. headquarters, launched court proceedings against Elon Musk's social media giant over rent.

Twitter is facing a lawsuit over allegations it failed to pay rent for its head office, according to California court documents. The owner of its premises in central London, meanwhile, said it's taking the company to court over rental debt. Twitter has already been taken to court this month for falling behind on rent at another San Francisco office. The company, Sri Nine Market Square LLC, said Twitter “breached the Lease by failing to pay monthly rent and additional rent” for January amounting to $3.4 million. After using those funds, the landlord says Twitter still owes $3.16 million in unpaid rent and is seeking late fees and interest plus attorneys’ fees.

Traditional carmakers don’t have to justify an insane valuation, but they must still convince investors that they can shift to EVs and make more money in the process.

More landlords are taking Twitter to court over unpaid rent at the social media company’s headquarters in San Francisco and its British offices.

Concerns about Twitter’s security soared after an incident in 2020 when teenagers breached Twitter’s internal systems and tweeted as Musk, Barack Obama and others.

The European Commission’s Vice President for Values and Transparency told Euronews that Musk must make Twitter comply to European speech laws or face severe fiscal punishments.

Tesla CEO Elon Musk took the witness stand on Monday to defend himself against allegations that he committed securities fraud and cost shareholders money.

I didn't want to sell Tesla stock but I did sell Tesla stock,” he said of the sale to make up for lack of funding from other sources for his $44 billion deal to take Twitter private. “My SpaceX shares alone would have meant that funding was secured,” Musk said of the 2018 tweets. At a July 31, 2018 meeting, the Saudi Public Investment Fund’s Yasir Al-Rumayyan “confirmed unequivocally that they would support Tesla going private. After it became apparent that the money wasn’t in place to take Tesla private, Musk stepped down as Tesla’s chairman while remaining CEO as part of the SEC settlement, without acknowledging wrongdoing. Asked by his lawyer, Alex Spiro, if he understood the charges against him, Musk said he's being "accused of fraud.

But the deal never came close to happening, and the tweet resulted in a $40 million settlement with securities regulators. “Just as I sold stock in Tesla to buy Twitter. I didn't want to sell Tesla stock but I did sell Tesla stock,” he said of the sale to make up for the lack of funding from other sources for his $44 billion deal to take Twitter private. “My SpaceX shares alone would have meant that funding was secured,” Musk said of the 2018 tweets. After it became apparent that the money wasn’t in place to take Tesla private, Musk stepped down as Tesla’s chairman while remaining CEO as part of the SEC settlement, without acknowledging wrongdoing.

Musk, the Tesla and Twitter CEO, has already said not everyone believes his tweets — which are not comprehensive.

SAN FRANCISCO — (AP) — Elon Musk returned to federal court Monday in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet. The trial hinges on the question of whether a pair of tweets that Musk posted on Aug. 7, 2018, damaged Tesla shareholders during a 10-day period leading up to a Musk admission that the buyout he had envisioned wasn’t going to happen. “Just as I sold stock in Tesla to buy Twitter. I didn't want to sell Tesla stock but I did sell Tesla stock,” he said of the stock sale to make up for the lack of funding from other sources for his $44 billion deal to take Twitter private. “My SpaceX shares alone would have meant that funding was secured,” Musk said.

Elon Musk returned to federal court Monday in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.

"A little red wine, vintage record, some Ambien... and magic!" Elon Musk tweeted in 2017, but says his favorite alcoholic drink is whiskey.

Microsoft says it is making a "multiyear, multibillion dollar investment" in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can write readable text and generate new images. OpenAI's free writing tool ChatGPT launched on Nov. 30 and has brought public attention to the possibilities of new advances in AI. OpenAI started out as a nonprofit artificial intelligence research company when it launched in December 2015. OpenAI is also the creator of the DALL-E tool for generating new images. Microsoft said Monday its strengthened partnership can help “to accelerate AI breakthroughs to ensure these benefits are broadly shared with the world.”Copyright 2023 The Associated Press.

Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can generate readable text, images and computer code.

In just the past month there have been about 50,000 job cuts across the technology sector.

Elon Musk has taken the witness stand to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.

New research shows climate misinformation has been flourishing on Twitter since Elon Musk bought the platform last year.

When Elon Musk wants to make a point, it can often be blunt.

Elon Musk was alternately depicted in a San Francisco courtroom as a liar who callously jeopardized the savings of “regular people” or a well-intentioned visionary.

The World Economic Forum says billionaire Elon Musk wasn’t on the guest list for the annual meeting of business executives, global leaders and cultural trend-setters in Davos, Switzerland — despite what the Twitter owner claims.

A nine-person jury has been seated to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors by asserting in 2018 tweets that he had lined up financing to take the electric automaker private.

Long before beleaguered billionaire Elon Musk purchased Twitter in October, he had set his sights on Tesla, the electric automaker where he serves as CEO and from which he derives most of his wealth and fame.

A federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker, setting the stage for the mercurial billionaire to be thrust into a legal drama amid the turmoil of his Twitter takeover.

With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.

Lawyers for Tesla shareholders suing the electric vehicle maker’s CEO Elon Musk over a misleading tweet are urging a federal judge to reject the billionaire’s request to move an upcoming trial to Texas from California.

A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.

Elon Musk doesn't think he can get a fair trial in San Francisco.

Former national security adviser Michael Flynn has had his Twitter account reinstated as the United States marked the two-year anniversary of the Jan. 6 insurrection.

Personal emails linked to 235 million Twitter accounts hacked some time ago have been exposed according to Israeli security researcher Alon Gal — making millions vulnerable to having their accounts compromised or identities exposed if they have used the site anonymously to criticize oppressive governments, for instance.

Mercedes-Benz will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla.

Twitter says it will ease up its 3-year-old ban on political advertising.

Shares of Tesla have tumbled on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.

Tesla says it sold a record 1.3 million electric vehicles last year.

Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession.

How much do you remember about what happened in 2022?

Owning Tesla stock this year has been anything but a smooth ride for investors.

Tesla is offering rare discounts through year’s end on its two top-selling models, an indication that demand is slowing for its electric vehicles.

Elon Musk is defending his massive cost-cutting at Twitter as necessary for the social media platform to survive next year, in part due to debt payments tied to his $44 billion takeover of the company.

The Biden administration says it will provide $1.85 billion in military aid to Ukraine.

Elon Musk says he plays on remaining as Twitter’s CEO until he can find someone willing to replace him in the job.

Donald Trump and Elon Musk share a reputation as disrupters.

Since Elon Musk took control of Twitter in late October, confusion over what is, and what is not allowed on the platform, even what a verified account is, has run rampant.

President Joe Biden is expressing alarm about growing antisemitism in the United States and around the globe and vowing to fight back against the scourge.

Millions of Twitter users asked Elon Musk to step down as head of Twitter in a poll the billionaire created and promised to abide by.

Twitter suspended several journalists who cover Elon Musk in the last two days, drawing the ire of media companies, experts and even world governments.

When Twitter abruptly suspended the accounts of several journalists with no explanation, the platform’s owner Elon Musk hinted at the possible reason: They allegedly doxxed him.

Twitter has been engulfed in chaos since billionaire Tesla CEO Elon Musk took the helm.

Elon Musk’s abrupt suspension of several journalists who cover Twitter widens a growing rift between the social media site and media organizations that have used the platform to build their audiences.

A German official who won a defamation case against Twitter this week has dedicated his legal victory to Dr. Anthony Fauci, the top U.S. infectious disease expert recently targeted by Elon Musk.

Shares of Tesla have risen slightly despite news that CEO Elon Musk sold another $3.58 billion worth of the electric vehicle maker’s stock this week.

Elon Musk’s more unfettered version of Twitter could collide with new rules in Europe.