Elon Musk

Nvidia and Tesla ripped higher this week, boosted by Trump’s Middle East tour
Technology

Nvidia and Tesla ripped higher this week, boosted by Trump’s Middle East tour

(COMBO) This combination of pictures created on January 31, 2025 shows (L) Nvidia CEO Jensen Huang in Las Vegas, Nevada on January 6, 2025, and US President Donald Trump in the Oval Office of the White House in Washington, DC on January 31, 2025. Jensen Huang, CEO of AI chip giant Nvidia, met January 31, […]

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Federal Reserve will reduce staff by 10% in coming years, Powell memo says
Finance

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including […]

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Trump slams Supreme Court, Springsteen and Swift
Politics

Trump slams Supreme Court, Springsteen and Swift

U.S. President Donald J. Trump speaks to media on Air Force One as he departs the Al Bateen Executive Airport on May 15, 2025, in Abu Dhabi, United Arab Emirates. Win Mcnamee | Getty Images News | Getty Images President Donald Trump took aim at the Supreme Court, fellow Republicans and several celebrities Friday in […]

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Tesla adds long-time Chipotle executive Jack Hartung to board of directors
Technology

Tesla adds long-time Chipotle executive Jack Hartung to board of directors

Jack Hartung. Scott Mlyn | CNBC Tesla has appointed long-time Chipotle executive Jack Hartung to its board of directors, effective June 1. As part of the board, Hartung will join Tesla’s audit committee, the electric vehicle company disclosed in a filing with the SEC on Friday. The addition comes as Tesla battles sinking EV sales […]

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Qatari cybertrucks, elite camels and historic mega-deals: Why Gulf countries are going all out for Trump’s visit
World

Qatari cybertrucks, elite camels and historic mega-deals: Why Gulf countries are going all out for Trump’s visit

Qatar’s Emir Sheikh Tamim bin Hamad al-Thani (L) receives US President Donald Trump in the Qatari capital Doha on May 14, 2025. Brendan Smialowski | Afp | Getty Images ABU DHABI, United Arab Emirates — If the Arab Gulf states were to hold a popularity contest right now, President Donald Trump would be the prom […]

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Musk’s xAI says Grok’s ‘white genocide’ posts resulted from change that violated ‘core values’
Technology

Musk’s xAI says Grok’s ‘white genocide’ posts resulted from change that violated ‘core values’

Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk’s xAI on Thursday evening made its first public comment about the latest controversy surrounding Grok, writing in a post on X that an “unauthorized modification” caused the chatbot to generate variations of a “specific response on a political topic.” That controversial topic was “white genocide” […]

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Musk’s Grok AI chatbot says it ‘appears that I was instructed’ to talk about ‘white genocide’
Technology

Musk’s Grok AI chatbot says it ‘appears that I was instructed’ to talk about ‘white genocide’

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters The Grok chatbot from Elon Musk’s xAI startup said Wednesday that it “appears I was instructed to address the topic of ‘white genocide’ in South Africa,” according to responses viewed by CNBC. CNBC was […]

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Elon Musk’s pro-Trump PAC failed to pay swing state petition signers, new suit alleges
Technology

Elon Musk’s pro-Trump PAC failed to pay swing state petition signers, new suit alleges

Elon Musk speaks during a campaign rally for Republican presidential nominee and former U.S. President Donald Trump at Madison Square Garden in New York City on Oct. 27, 2024. Anna Moneymaker | Getty Images Elon Musk’s America PAC didn’t keep its promise to pay swing state voters who signed a pro-Trump petition ahead of the […]

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OpenAI restructure plan gets SoftBank blessing as AI startup reportedly renegotiates Microsoft terms
World

OpenAI restructure plan gets SoftBank blessing as AI startup reportedly renegotiates Microsoft terms

OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI said last week that it would restructure in a format that allows its non-profit entity […]

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New FEMA head says he will ‘run right over’ staff who resist his changes
Politics

New FEMA head says he will ‘run right over’ staff who resist his changes

FEMA (Federal Emergency Management Agency) Headquarters is seen in Washington, DC, February 11, 2025. Saul Loeb | Afp | Getty Images David Richardson, the new head of the Federal Emergency Management Agency, told staff on Friday he will “run right over” anyone that resists changes and that all delegation of authority in the agency is […]

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