Elon Musk’s AI company eyes new funding round at $40 billion valuation, report says
The company is currently valued at $24 billion following a $6 billion funding round this spring.
The company is currently valued at $24 billion following a $6 billion funding round this spring.
The Washington Post reported Elon Musk illegally worked in the U.S. at the start of his career—which Musk is now denying.
Tesla shares shot up more than 5% as the said it expects “slight” year-over-year vehicle delivery growth, going against Wall Street’s expectation of a decline.
The billionaire is bankrolling a super PAC giving out $1 million to swing state voters.
After a great deal of hype, Tesla conducted its “We Robot” robotaxi reveal on Thursday Evening at Warner Studios in Los Angeles.
The billionaire CEO said the new fleet of autonomous vehicles would cost $30,000 and launch before 2027, though Musk has blown by product timelines in the past.
Musk is returning to his old stomping ground of LA to lift the lid on Tesla’s Cybercab. In true Hollywood style, the reveal is happening on the Warner Brothers lot in Burbank.
OpenAI alleged Musk’s suit was an attempt to gain a competitive advantage for his own artificial intelligence startup, xAI.
Fidelity has repeatedly cut the value of its stake in the social media firm since Musk’s acquisition.
When the editorial team behind this year’s Forbes Sustainability Leaders List started brainstorming possibilities for the list, the name Elon Musk came up early. And for good reason. The 2008 introduction of the Tesla Roadster did something many thought impossible–it made electric cars cool. And as Tesla continued to deliver new models, it spurred the auto industry into accelerating their own EV models. That’s been a big deal for the environment in the U.S., where cars count for over 20% of total carbon emissions.