Search results for "Elon Musk"

Musk Says Twitter Is Roughly Breaking Even, Has 1,500 Employees

Twitter Inc CEO Elon Musk said on Wednesday the social media company is “roughly breaking even,” as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing fruit after massive layoffs. Musk, in an interview with BBC broadcast live on Twitter Spaces, said Twitter has about 1,500 employees now, a sharp […]

AI Experts Disown Musk-Backed Campaign Citing Their Research

Four artificial intelligence experts have expressed concern after their work was cited in an open letter – co-signed by Elon Musk – demanding an urgent pause in research. The letter, dated March 22 and with more than 1,800 signatures by Friday, called for a six-month circuit-breaker in the development of systems “more powerful” than Microsoft-backed […]

Musk’s Brain Implant Company in Search of Human Trials Partner

Elon Musk’s brain implant company Neuralink has approached one of the biggest U.S. neurosurgery centers as a potential clinical trials partner as it prepares to test its devices on humans once regulators allow for it, according to six people familiar with the matter. Neuralink has been developing brain implants since 2016 it hopes will eventually […]

With Big Bets on Musk, These Funds May Have a Tesla Problem in ‘23

Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers that have bet heavily on the Elon Musk-led electric vehicle manufacturer. Overall, 50 actively-managed U.S. equity funds have more than 5 percent of their assets in the company, exceeding the barrier that many portfolio managers will not cross for one equity […]

Tesla’s Full Self-Driving Beta Now Available to All in N. America, Musk Says

Tesla Inc’s Full Self-Driving Beta software is now available to everyone in North America, Elon Musk said early on Thursday, as the automaker awaits regulatory approval for its cars to be driven without human oversight. “Tesla Full Self-Driving Beta is now available to anyone in North America who requests it from the car screen, assuming […]

As Musk Focuses on TWITTER, His $56 Billion Tesla Pay Goes to Trial

As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker. A Tesla shareholder is seeking to rescind Musk’s 2018 pay deal, claiming the board set […]