Tag: elon musk

Tesla Ends Production of Model S and Model X with Limited Inventory Remaining

Tesla has officially stopped producing the Model S sedan and Model X SUV, leaving only about 600 vehicles in stock with fixed configurations.

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xAI Now Solely Led by Elon Musk After Departure of Last Co-Founder

xAI, the AI startup founded by Elon Musk, has lost its final co-founder, leaving Musk as the sole leader amid ongoing industry workforce shifts.

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SpaceX Plans to File for U.S. IPO This Week

SpaceX is preparing to submit its paperwork for an initial public offering in the United States this week, sources say.

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French Authorities Allege Elon Musk Inflated X and xAI Valuations Amid Deepfake Controversy

French prosecutors have shared evidence with US agencies suggesting Elon Musk may have inflated X and xAI valuations amid a deepfake scandal ahead of a planned IPO.

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Tesla and SpaceX Collaborate on Massive AI Chip Factory in Texas

Tesla and SpaceX will jointly build a large-scale AI chip manufacturing facility in Austin, Texas, focusing on advanced semiconductor production.

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Tesla Seeks Chinese Partners to Expand Solar Energy Capacity to 100 GW

Tesla aims to scale its solar panel production to 100 GW, turning to Chinese suppliers amid growing AI-driven energy demand.

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Court Finds Elon Musk Misled Investors Before Twitter Acquisition

A California jury ruled that Elon Musk misled investors with tweets impacting the 2022 Twitter acquisition negotiations.

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xAI Secures Major Client from OpenAI Using On-Site Engineering Strategy

Elon Musk’s xAI wins a multimillion-dollar deal with payment provider Shift4 by embedding engineers directly at client offices, challenging OpenAI.

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Elon Musk Confirms Continued Nvidia Chip Purchases for SpaceX AI and Tesla

Elon Musk confirms SpaceX AI and Tesla will keep buying Nvidia chips in significant volumes amidst Tesla’s own AI chip plans.

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Judge Questions Elon Musk’s $134 Billion Lawsuit Against OpenAI, Leaves Outcome to Jury

A judge called Elon Musk’s $134 billion lawsuit against OpenAI an exaggerated claim, but deferred the decision to a jury trial.

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Elon Musk Reshapes xAI with Leadership Departures Amid Competitive Pressures

Following internal challenges and competitive setbacks, Elon Musk initiates leadership changes at xAI, including the exit of two co-founders.

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Elon Musk Announces Plans for Massive AI Chip Factory Launch Next Week

Elon Musk plans to start a large-scale AI chip manufacturing project within a week, supporting future space-based data centers.

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