Tesla Inc
OpenAI trial: Mother of Musk’s children says he offered Altman a Tesla board seat
Shivon Zilis, former board member of OpenAI Inc., arrives at the federal court in Oakland, California, US, on Wednesday, May 6, 2026. David Paul Morris | Bloomberg | Getty Images The high-stakes trial in Elon Musk’s lawsuit against OpenAI CEO Sam Altman will conclude its second week of proceedings on Thursday. Musk’s attorneys called several […]
Read More
AMD’s big day, Anthropic-SpaceX deal, the jet fuel crisis and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you live in the Sun Belt, you could soon be on the road next to a driverless big rig. Distribution giant McLane is planning to deploy unsupervised, self-driving trucks on routes in the region by the end of the […]
Read More
Elon Musk’s Terafab chip factory in Texas could cost up to $119 billion, filing shows
Elon Musk arrives at the federal courthouse during proceedings in the trial over his lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | Afp | Getty Images Elon Musk’s plans for a huge chip manufacturing plant in East Texas will cost at least $55 billion for the first phase, and up […]
Read More
OpenAI trial: Brockman rebuts Musk’s take on startup’s history, recounts secret work for Tesla
OpenAI President Greg Brockman concluded his testimony on Tuesday, where he largely rebutted Elon Musk’s account of the early years of the startup and negotiations that occurred at the company. Brockman testified that he never made any commitments to Musk about the company’s corporate structure, and he never heard anyone else make them. He emphasized that […]
Read More
Ford’s secret EV unit emerges from shadows, still bullish on new pickup amid market slowdown
A Ford employee works inside a high voltage lab at Ford’s new Electric Vehicle Development Center in Long Beach, California. Courtesy Ford LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next generation of EVs that […]
Read More
Iran tensions, Palantir earnings, Musk’s SEC settlement and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Yesterday was a busy day for Amazon‘s top brass: CEO Andy Jassy joined CNBC’s “Mad Money,” while executive chairman Jeff Bezos was the honorary co-chair and lead sponsor of last night’s Met Gala. Stock futures are rising this morning after […]
Read More
SEC and Elon Musk agree to settle lawsuit over Twitter buyout in 2022
Elon Musk appears in the courthouse to attend the trial in his lawsuit over OpenAI for-profit conversion at a federal courthouse, in Oakland, California, U.S., April 29, 2026. Manuel Orbegozo | Reuters The Securities and Exchange Commission agreed to settle a lawsuit it filed against Elon Musk last year that accused the world’s wealthiest person […]
Read More
Musk texted OpenAI’s Brockman about settlement two days before trial began
Elon Musk arrives at the federal courthouse during proceedings in the trial over his lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | Afp | Getty Images Two days before Elon Musk’s multi-billion-dollar lawsuit against OpenAI was slated to head to trial, Musk texted the company’s president, Greg Brockman, to gauge […]
Read More
Berkshire Hathaway meeting, Spirit shuts down, Meta’s return to court and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Congratulations to Golden Tempo on winning the Kentucky Derby. However, as a financial journalist, I felt inclined to root for Emerging Market. Stock futures are falling this morning. The market is coming off a winning week. Here are five key […]
Read More
CNBC Daily Open: Trump’s Hormuz gambit lands with a whimper
U.S. Marines from the 31st Marine Expeditionary Unit board M/V Blue Star III, a commercial ship suspected of attempting to transit to Iran in violation of the U.S. blockade of Iranian ports, April 28, 2026. U.S. forces released the vessel after conducting a search and confirming the ship’s voyage would not include an Iranian port […]
Read More