Tesla CEO Elon Musk confirmed Monday earlier reports the company was delaying its robotaxi reveal, explaining it was because he requested an “important design change to the front.” Bloomberg News reported last week Tesla was pushing the event to October. It had been aiming for an August 8 event. The company did not immediately respond […]
Elon Musk does not owe ex-Twitter staffers $500 million in severance, court rules
Elon Musk faces several lawsuits for firing more than 6,000 Twitter employees, including then-CEO Parag Agrawal, following Musk’s 2022 takeover of the social media platform. On Tuesday, Musk defeated one of those lawsuits, as a federal judge ruled X Corp. doesn’t owe the ex-employees any more severance. The lawsuit, filed by Twitter’s former head of […]
Tesla makes Musk best-paid CEO of all time and Fisker bites the dust
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Elon Musk just convinced Tesla shareholders to approve his $ 56 billion pay package, making him the highest-paid CEO in history — assuming he can dodge […]
Tesla shareholders sue Musk for starting competing AI company
Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup. The lawsuit is one of the most direct challenges to Musk’s decision to start […]
Elon Musk threatens to ban Apple devices from his companies over Apple’s ChatGPT integrations
Elon Musk is threatening to ban iPhones from all his companies over the newly announced OpenAI integrations Apple announced at WWDC 2024 on Monday. In a series of posts on X, the Tesla, SpaceX and xAI exec wrote that “if Apple integrates OpenAI at the OS level,” Apple devices would be banned from his businesses […]