Elon Musk
Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities filing on Friday. The tech giant’s deal with Globalstar includes $1.1 billion in cash, of which $232 million will go toward the satellite company’s current debt, and a 20% equity stake. The […]
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‘All hell has broken loose’: Inside Elon Musk’s high-stakes pro-Trump door-knocking effort
Tesla CEO and X owner Elon Musk attends a rally for Republican presidential nominee and former U.S. president Donald Trump, at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Brian Snyder | Reuters Nine Republican operatives and canvassers connected to the Elon Musk-backed America PAC told NBC News […]
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Chinese EV maker BYD’s quarterly sales overtook Tesla’s for the first time
New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. Yves Herman | Reuters Chinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for the first time. On Wednesday, BYD reported revenue for the three […]
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Harris vs. Trump: Auto insiders weigh in on both candidates, top issues
New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs — […]
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Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions
CEO Jason Kim in the company’s lunar mission control center. Firefly Aerospace Jason Kim just nabbed one of the most coveted yet high-pressure C-suite gigs in the space industry. As the new CEO of rocket and spacecraft builder Firefly Aerospace, he’s no longer under the Boeing umbrella after leaving his previous role leading their satellite-making […]
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Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
AI Effect Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation Published Mon, Oct 28 20241:07 PM EDT Kate Rooney@Kr00ney WATCH LIVE Source
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Trump headlines Madison Square Garden rally after vulgar, racist remarks from allies
Republican presidential nominee and former U.S. President Donald Trump speaks during a rally at Madison Square Garden, in New York, U.S., October 27, 2024. Andrew Kelly | Reuters Republican presidential candidate Donald Trump headlined a rally at New York’s Madison Square Garden on Sunday that began with a series of vulgar and racist remarks by allies of the former president. Trump, a New York celebrity for decades, hoped to use the […]
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Biden says Elon Musk was an ‘illegal worker’ when he began U.S. career
President Joe Biden called out Tesla and SpaceX CEO Elon Musk, now a Republican megadonor and Trump campaign surrogate, for hypocrisy on immigration on Saturday, saying Musk launched his long career in the U.S. as an “illegal worker” before becoming the world’s wealthiest man. The president made these remarks at a campaign event to support […]
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Elon Musk’s secret talks with Putin ramped up during his Twitter takeover: WSJ report
Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican megadonor and Pentagon contractor, took […]
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Tesla shares head for highest close in 13 months as post-earnings rally continues
Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Marc Piasecki | Getty Images A day after its sharpest rally since 2013, Tesla’s stock on Friday headed for […]
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