Elon Musk Announces Grok Integration in Tesla Vehicles, Rollout Expected Next Week

Tesla is set to introduce Grok, a large language model developed by xAI, into its vehicles, announced Elon Musk on Thursday. According to Musk, the rollout is expected to begin next week at the latest, further strengthening the ties between the two companies led by Musk. Tesla and xAI have been deepening their synergy, with Tesla generating $198.3 million in revenue from commercial, consulting, and support agreements with xAI earlier this year. While a significant portion of[…]

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Dan Ives, A Tesla Analyst, Calls for the Company’s Board to Establish Ground Rules for Musk

A Leading Tesla Analyst Calls for the Company’s Board of Directors to Establish Ground Rules for CEO Elon Musk Amidst Political Ambitions. A leading Tesla Inc. analyst, Dan Ives of Wedbush, has maintained an Outperform rating on the company with a $500 price target. In a recent investor note, Ives urged Tesla’s Board of Directors to take action and establish rules for CEO Elon Musk as he plans to launch the America Party. According to Ives, Tesla[…]

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Nassim Taleb Voices Concern for Elon Musk’s Safety Amid Rift with Trump

Nassim Nicholas Taleb, author of “The Black Swan: The Impact of the Highly Improbable,” took to social media platform X on Monday to express concern for Tesla Inc. CEO Elon Musk’s safety. Taleb’s comment came amid Musk’s ongoing feud with President Donald Trump over the “Big Beautiful Bill,” a sweeping tax-and-spend package that adds trillions to the federal deficit. Taleb’s message read, “I may find @elonmusk callous, insensitive, even extremely cruel (& non-nuanced), but I root for[…]

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Elon Musk Confirms July 9 Launch of Grok 4 with Livestream Event

Elon Musk has officially confirmed that Grok 4, the latest version of xAI’s large language model, will launch on July 9. The rollout will be accompanied by a livestream event at 8 p.m. Pacific Time, hosted on xAI’s official account on X. In a surprise move, xAI appears to have skipped the development of Grok 3.5, which was initially rumored to be the next iteration of the language model. Instead, the artificial intelligence startup is focusing on[…]

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Trump Criticizes Elon Musk’s America Party, Calls Third-Party Move “Ridiculous”

United States President Donald Trump has sharply criticized Elon Musk’s decision to launch a new political party, calling the move “ridiculous” and dismissing it as a distraction from the two-party system. The rebuke came shortly after Musk announced the formation of the “America Party,” aimed at disrupting what he calls the entrenched Republican-Democrat “Uniparty.” The clash marks a notable shift in the relationship between the two former allies. Musk previously headed the Department of Government Efficiency (DOGE)[…]

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The American Party Garners Support from Infuential Figures

Elon Musk’s announcement of a new political party in the US, dubbed the America Party, has already garnered interest and potential support from influential figures. Musk’s declaration on X that the America Party would offer “independence from the two-party system” has sparked responses from billionaire Mark Cuban and investment banker Anthony Scaramucci, who have both expressed possible next steps. Cuban, celebrating Musk’s party announcement, stated that he works with the Center for Competitive Democracy, which could help[…]

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Tesla’s Top Executive Shakeup: Musk Takes Over Sales in North America and Europe

Following the sudden departure of Omead Afshar, Tesla’s Head of Sales for North America and Europe, the company has undergone a significant executive reshuffle. Afshar, who was also known as Elon Musk’s right-hand man, left the company after a seven-year tenure. According to sources familiar with the matter, CEO Elon Musk is now overseeing sales in both North America and Europe. Additionally, Tom Zhu, currently the Senior Vice President of Automotive at Tesla, will be responsible for[…]

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Elon Musk Takes Aim at U.S. Two-Party System with Potential New Political Party

After a three-week hiatus from political discussions, Elon Musk has re-emerged with a series of provocative statements, threatening to shake up the traditional U.S. two-party system. The CEO of Tesla and SpaceX, who had been quiet since his public feud with President Donald Trump on June 5, has launched a scathing attack on the “One Big Beautiful Bill,” President Trump’s signature legislation. Musk’s return to the political arena follows a period of relative calm, during which his[…]

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Elon Musk Threatens to Unseat Lawmakers Supporting Trump’s Spending Bill

Billionaire entrepreneur Elon Musk has renewed his criticism of U.S. President Donald Trump’s tax-cut and spending bill, vowing to punish lawmakers who backed the legislation despite campaigning on limiting government spending. During a recent social media post, Musk described the bill as “utterly insane and destructive”. His criticism comes as the Senate takes up the package, with Musk expressing his disapproval of lawmakers who campaigned on cutting spending but ultimately supported the bill. Musk accused these lawmakers[…]

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xAI Secures $10 Billion in Debt and Equity Funding, Morgan Stanley Confirms

In a significant development, Elon Musk’s artificial intelligence company, xAI, has successfully raised $10 billion in debt and equity funding, according to a confirmation by Morgan Stanley on Monday. The financial giant revealed that xAI has secured $5 billion in debt and an additional $5 billion in a strategic equity transaction. The combination of debt and equity funding is expected to reduce the overall cost of capital and substantially expand the pools of capital available to xAI.[…]

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