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☆ Investor Ron Baron says Tesla is at a bottom and the stock will 'go up huge' from here
▼ + stars: | 2024-04-25 | by ( Yun Li | Adam Jeffery | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron, a longtime Tesla bull, believes Elon Musk's electric vehicle manufacturer has hit a bottom. What they are doing is going into robotaxis and going to make the low-cost cars," Baron said on CNBC's "Squawk Box" on Thursday. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for more than 30% of the portfolio. The fund is down more than 17% this year amid a 35% decline in Tesla shares. TSLA 1Y mountain Tesla shares over past 12 months.

Persons: Ron Baron, Tesla, Elon, Baron, Musk, weathers, — Organizations: Baron Capital, Baron Partners Fund Locations: robotaxis, Tesla, Baron's, Austin , Texas

☆ Sam Altman's act may be wearing thin
▼ + stars: | 2024-03-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking into how some in Silicon Valley are starting to sour on OpenAI's Sam Altman . AdvertisementFrom hardball tactics when raising funds to relentless self-mythologizing about his role in the future of tech, Altman's act is wearing thin on some . Even VCs uninterested in AI deals are quickly becoming servants to Altman's AI empire. Big market, fall hard.

Persons: —, Baltimore's Francis Scott Key, Sam Altman, Alastair Grant, Rebecca Zisser, Darius Rafieyan, Altman, Elon Musk, à, Steve Jobs, VCs, Samantha Stokes, Eric Baradat, Torsten Slok, David Rosenberg, BofA, Drew Watson, Birkin, Abanti Chowdhury, Elon, Don Lemon, that's, Musk, Mark Zuckerberg, Google's, Meta, Dave Calhoun, Aaron Schwartz, Adam Neumann, Neumann, Robert F, Kennedy Jr, Dan DeFrancesco, Hallam Bullock, George Glover, Grace Lett Organizations: Business, Service, Baltimore Fire Department, Tech, Apple Vision, NFL, ChatGPT, Kruze Consulting, Apollo Global Management, Federal Reserve, Bank of America, Abanti, Getty Images, Street Locations: Silicon Valley, Plenty, Big, Orlando, New York, London, Chicago

☆ Sam Altman and Elon Musk are beefing, but the two share plenty in common
▼ + stars: | 2024-03-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Sam Altman's sprawling AI empire amid his beef with Elon Musk . AdvertisementBut first, the sun never sets on Sam Altman's AI empire. OpenAI CEO Sam Altman was thrust into the mainstream consciousness with the release of ChatGPT in 2022. Elon Musk and Sam Altman Michael M. Santiago/Getty, Nordin Catic/Getty, Tyler Le/BIThere is another tech billionaire whose vision exceeds a singular company. But unlike Musk, Altman has, somewhat incredibly, mostly skirted controversy (save for his ouster-then-return saga ).

Persons: —, There's, Sam Altman's, Elon Musk, Alastair Grant, Rebecca Zisser, Sam Altman, Altman, Darius Rafieyan, Sam Altman Michael M, Nordin Catic, Tyler Le, Elon, Musk, OpenAI, execs, Altman isn't, Robert Downey Jr, Tony Stark, Goldman Sachs, Jenny Chang, Rodriguez, Neema Raphael, Goldman's, Jerome Powell, Powell, Li Qiang's, Xi Jinping, Fernando Gutierrez, leapfrog, Ridley Scott's, Napoleon, BI's Peter Kafka, Elon Musk's, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Elon, Business, OpenAI, Microsoft, Goldman, Beijing, Nvidia, leapfrog Apple, Apple, Google, FTC, Facebook, Variety, Tesla, Costco, Kroger, Digital Locations: China, Delaware, New York, London

☆ The Tesla chair was meant to rein in Elon Musk, but she's shunned the spotlight. A court ruling has dragged her into it.
▼ + stars: | 2024-02-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Not every CEO in charge of a publicly traded stock market giant gets to act like Elon Musk . But her tenure as chair came in for criticism last month after a Delaware judge voided Musk's $55.8 billion pay package approved by the Tesla board in March 2018. At trial, Denholm was not sure whether the Disclosure Committee was fulfilling its obligations under the SEC Settlement," McCormick's opinion noted. AdvertisementMcCormick also drew attention to how Musk changed his title to "Technoking of Tesla" in March 2021. Musk is also seeking to reincorporate Tesla in Texas from Delaware following the court decision in the state on his pay package.

Persons: Elon, Robyn Denholm, Denholm, She'd, Tesla, Musk, Judge Kathaleen McCormick, Judge McCormick, that's, McCormick, Musk's, “, Technoking ”, Elon Musk, Antonio Masiello, ”, …, reincorporate Tesla Organizations: Juniper Networks, Telstra, Blackbird Ventures, Business, Securities and Exchange Commission, SEC, New York Times, Board Locations: Australian, Delaware, Tesla, Texas

☆ Tesla issues recall for most of its cars in the US over warning light issue
▼ + stars: | 2024-02-02 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Tesla is recalling 2.2. million vehicles due to an issue with their warning lights. The carmaker has started releasing a software update to resolve the problem. It's Tesla's second big recall in months after it updated 2 million vehicles over Autopilot fears. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla is recalling two million vehicles in yet another safety headache for Elon Musk .

Persons: Tesla, It's, —, Elon Musk Organizations: Service, Traffic Safety Administration, Business

☆ The man who leaked Trump's taxes eluded investigators for years but was finally found after leaking info on Musk and Bezos, WSJ reports
▼ + stars: | 2024-01-28 | by ( Hannah Getahun | Katherine Tangalakis Lippert | ) www.businessinsider.com time to read: +5 min

Charles Littlejohn confessed to leaking Donald Trump's tax returns. The investigators had focused on Littlejohn for a separate leak involving billionaires Jeff Bezos and Elon Musk. On two separate occasions, Littlejohn provided tax documents belonging to Trump, Jeff Bezos, and Elon Musk to two news organizations. Trump's tax returns showed the former president paid just $750 in federal income taxes in 2016 and 2017. Musk's tax returns showed he paid $455 million in taxes on $1.52 billion in income between 2014 and 2018.

Persons: Charles Littlejohn, Donald, Littlejohn, Jeff Bezos, Elon Musk, —, Donald Trump's, Trump, Amazon's, ProPublica, Trump's, Bezos's, Barbara Jones Organizations: Federal, Wall, Service, Street Journal, IRS, New York Times, SpaceX, The Times, DOJ, Business, Republican, Prosecutors, Times, Trump Locations: New York

☆ Grimes chased Elon Musk across at least 12 different locations to serve him custody papers, including X headquarters and a horse farm
▼ + stars: | 2023-11-10 | by ( Grace Kay | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Grimes said she served her former partner Elon Musk with custody papers last month. Elon Musk with custody papers last month. One of the process servers even went to a horse farm that had been tied to the billionaire. One process server even tracked Musk's private jets in order to confirm the best place to contact the billionaire, Grimes' court papers state. Two process servers also attempted to serve Musk at Shivon Zilis' house.

Persons: Grimes, Elon Musk, Musk, —, Claire Boucher, Tesla's Austin gigafactory, she'd, Christopher Melcher, Walzer Melcher, Melcher, Amy Sussman, WWD, Grimes should've, he's, Tell Elon, Zilis Organizations: Service, Musk, SpaceX, Penske Media, Getty Locations: Texas, San Francisco, Boca Chica , Texas, Austin, Boca Chica, California

☆ Airbnb boss Brian Chesky says he personally called CEOs he knew to ask if they could hire the thousands of staff he laid off during the pandemic
▼ + stars: | 2023-10-10 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Airbnb CEO Brian Chesky made the tough decision to lay off 1,900 staff during the pandemic. Chesky made an alumni directory for laid off Airbnb staff so recruiters could connect with them. Chesky explained to Bartlett that he wanted people to leave with "dignity" and have the chance to get good roles. When describing the layoffs, Chesky said it was like "breaking up with 2,500 people," and said that he had a "deep feeling of love for all of them," referring to his employees. During its pandemic layoffs, Airbnb's severance packages were substantial .

Persons: Brian Chesky, Chesky, —, Steven Bartlett, Airbnb, Bartlett, I'm, Elon Musk, Musk, they'd Organizations: Service, Software

Grimes is seeking physical custody of her and Elon Musk's three kids, according to court documents. AdvertisementAdvertisementGrimes is suing Elon Musk and asking for physical custody of the three children they share, according to court records obtained by Insider. Grimes, whose legal name is Claire Boucher, is seeking physical custody of her and Musk's kids — 3-year-old X and 1-year-olds Exa and Tau — as well as joint legal custody. Grimes' lawsuit also requests that Musk's suit be thrown out. Differentiating legal custody and physical custody allows parents to share decision-making and rights of access to the kids without an equal custody split, Davis said.

Persons: Grimes, Elon Musk's, Musk, —, Elon Musk, Claire Boucher, Tau —, Neama, Holly Davis, Kirker Davis, Davis, Recep Tayyip Erdoğan, We're, Shivon Zilis, Walter Isaacson, Zilis Organizations: Service, San Francisco Superior Court, San Francisco, West, SpaceX Locations: California, Los Angeles, Texas, Turkey, New York

☆ Elon Musk and Grimes thought of changing the name of their daughter to Andromeda Synthesis Story Musk but just ended up calling her Y
▼ + stars: | 2023-09-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk and Grimes cycled through multiple names for their daughter, per Musk's new biography. Both wanted to call her Sailor Mars, after the anime character, before settling on Exa Dark Sideræl. But they contemplated changing her name to Andromeda Synthesis Story Musk earlier this year. Musk shares three children with Grimes — elder son X Æ A-Xii, known as X; daughter Exa Dark Sideræl, known as Y; and younger son Techno Mechanicus , known as Tau. Besides his Grimes' children, the billionaire has twins with Neuralink director Shivon Zilis , and five older children with his ex-wife, Justine Musk .

Persons: Elon Musk, Grimes, Mars, Elon, Grimes —, Techno, Walter Isaacson, Sailor Mars, Isaacson, Musk, Shivon Zilis, Justine Musk Organizations: Service, Musk Locations: Wall, Silicon

☆ Russia's Putin praises Elon Musk as an 'outstanding person' and 'talented businessman'
▼ + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Elon Musk, chief executive officer of SpaceX and Tesla, and owner of X. formerly known as Twitter. Russian President Vladimir Putin on Tuesday praised Elon Musk, calling the Tesla and SpaceX founder a "talented businessman." Putin made the comments at the Eastern Economic Forum in Vladivostok as he spoke about Russia's space program. "Elon Musk ... is undoubtedly an outstanding person. The flop was seen as a major setback for Russia's space program just days before India successfully landed its first spacecraft on the moon.

Persons: Elon Musk, Vladimir Putin, Putin, Elon, Luna, Musk, — CNBC's Ashley Capoot Organizations: SpaceX, Tesla, Twitter, Eastern Economic Locations: Vladivostok, U.S ., Russia, India, Ukrainian, Sevastopol, Crimea, Ukraine, Western

☆ Grimes is squashing her beef with Shivon Zilis, saying communication about Elon Musk's secret twins 'wasn't handled super well' in the past
▼ + stars: | 2023-09-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Grimes and Shivon Zilis — both of whom have kids with Elon Musk— have buried the hatchet. Grimes wrote. "Communication about the twins wasn't handled super well in the past, but I now totally understand what happened and totally forgive the situation," Grimes wrote on X on September 10. AdvertisementAdvertisement"So glad we had such a wonderful talk, was insanely overdue," Zilis wrote, calling Grimes a "total badass." He shares three children with Grimes — X Æ A-Xii, or X; Exa Dark Sideræl, known as Y, and Tau.

Persons: Grimes, Shivon Zilis, Elon Musk, Zilis, Elon Musk Grimes, Walter Isaacson's, Jezebel, Elon, Tau, Musk, Justine Musk Organizations: Service, Elon, Street Locations: Wall, Silicon

☆ Donald Trump's mugshot post single-handedly shows X is still the place that moves the internet
▼ + stars: | 2023-08-25 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

The former president broke his hiatus from the app formerly known as Twitter to post his mugshot. It's a tacit recognition that X is still the place that moves the internet. But Trump's decision to post his mugshot to X, there is a tacit recognition that X is still the place that moves the internet, despite all of its serious shortcomings. It's unclear if Trump will start posting more frequently to X or go back to posting as usual on Truth Social. Either way, it's clear that X remains the place that makes the internet go round.

Persons: Donald Trump's, It's, Donald Trump, Twitter, it's, Elon Musk, Trump, hasn't, X hasn't, Mark Zuckerberg's Organizations: Twitter, Elon, Trump Locations: Fulton County , Georgia, SensorTower

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