Elon Musk has created companies that reshaped entire industries, from Tesla’s (TSLA) electric vehicle (EV) systems to SpaceX’s reusable rockets and now xAI’s ambitious supercomputer development. But his latest prediction about the future of work is one of the most disruptive yet. In a high-profile conversation with UK Prime Minister Rishi Sunak, Musk argued that…
tesla (NASDAQ:TSLA) This year has been a tale of two stories. The first part of the year brought a sharp drop in stock prices as investors grappled with falling global sales, profits and consumer backlash over Elon Musk’s political antics. The next story was about the rapid and significant rally in Tesla’s stock price as…
Tesla (TSLA) is back in the spotlight after CEO Elon Musk told shareholders that Tesla’s wildly ambitious AI agenda could soon include manufacturing its own chips. At the company’s annual meeting, Musk said Tesla is designing a fifth-generation “AI5” processor and will likely need to build “a gigantic chip factory” to meet demand. He even…
By Terje Solsvik and Ross Kerber OSLO/BOSTON (Reuters) – Norway’s sovereign wealth fund, Tesla’s sixth-largest outside investor, said on Tuesday it would vote against ratifying a proposed pay deal for Chief Executive Elon Musk potentially worth $1 trillion. Musk’s pay package is still seen as likely to win, given broad investor support in the past…
Elon Musk hinted at a possible launch of a flying car in the “Joe Rogan Experience.” The discussion arose during conversations about the technology of the new Tesla Roadster prototype. Many other companies, such as Joby Aviation, are testing flying cars. Elon Musk is teasing a possible launch of flying cars. The Tesla CEO appeared…
Tesla (TSLA) investors are once again caught between short-term realities and Elon Musk’s long-range vision for the future. The company’s third-quarter earnings report painted a mixed picture: record vehicle sales but markedly weaker profitability. Still, even as uncertainty grows around Tesla’s core electric vehicle business, Musk continues to look to the future. His message to…
Reuters Videos Monday, October 27, 2025 at 9:50 am MDT STORY: Elon Musk could leave Tesla as CEO if his proposed $1 trillion pay package is not approved.Those were the words Monday (Oct. 27) from Tesla Chairman Robyn Denholm.The call comes ahead of the automaker’s annual meeting in early November.Denholm said in a letter that…
The stock market showed little improvement after a recent decline. The Dow Jones Industrial Average was slightly above its starting point. The S&P 500 rose a little and the Nasdaq Composite rose the most. Interest rates, which are like the price of borrowing money, rose for the fourth day in a row. This made…
New York, New York – The world of cryptocurrencies erupted in controversy last week as prominent figures in both finance and politics weighed in on the future of digital assets. In a Senate hearing, JPMorgan Chase CEO Jamie Dimon made headlines with a fierce condemnation of cryptocurrencies, calling them “decentralized Ponzi schemes” and advocating for…
Tesla (TSLA) stock saw a 9% drop early Thursday following the company’s announcement of fourth-quarter earnings that missed expectations. The electric car giant posted gross revenue of $25.17 billion in the fourth quarter, slightly below the expected $25.87 billion. Despite a 3% increase in revenue compared to the previous year, Tesla’s adjusted earnings per share…
