Big tech is on track to spend $1 trillion on AI this year
Tech giants are on pace to double AI spending this year.
Tesla
Tesla beats first-quarter expectations amid pivot to robotics, AI
The automaker said demand for its vehicles has rebounded from recent declines .
The top 10 richest people in the world (April 2026)
The gap between the planet’s two wealthiest people has never been larger heading into the New Year.
Ex-top Tesla engineer raises $140 million to rewire the electric grid
Heron Power, backed by Andreessen Horowitz and Breakthrough Energy, is scaling up production of solid-state transformers that move power to the grid more efficiently.
Elon Musk’s net worth hits $788 billion in record-setting surge
Musk is closing in on the $800 billion mark as his net worth sets a new record.
Tesla is no longer world’s biggest EV maker
Tesla ceded the crown of the world’s biggest EV maker to Chinese rival BYD for the first time.
Elon Musk just became the first person ever worth $600 billion
The world’s richest person just hit another major milestone thanks to the soaring valuation of his rocket maker SpaceX.
Tesla approves Musk’s potential trillion-dollar payday
Tesla shareholders approved a compensation package Thursday for CEO Elon Musk that could be worth close to $1 trillion, a deal proposed by Tesla’s board as crucial to keeping the world’s richest man at the company, though the payment plan was challenged in recent weeks by some of the automaker’s largest shareholders.
Elon Musk’s $1 trillion pay plan: The case for magical thinking
Big funds, advisory firms and the Pope oppose the exorbitant plan. Approval means shareholders think the polarizing, distracted CEO can top past successes with an AI-powered strategy.
Elon Musk just became the first person ever worth $500 billion
Musk is now half-way to becoming the first ever trillionaire.