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Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Tesla could use more of high-profile CEO Elon Musk's divided focus at a critical juncture for the electric vehicle industry, former board member Steve Westly said Thursday. And it appears now that Mr Musk's focus is in too many areas," Westly told CNBC at the annual VivaTech conference in Paris. Tesla could use more of it," said Westly, who is managing director of venture capital firm The Westly Group and an early Tesla investor. Just how much of a liability Musk is for Tesla, however, Westly said was "for the board to decide."
Persons: Elon Musk, Tesla, Elon Musk's, Steve Westly, Westly, Jensen Huang —, he's Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, CNBC Locations: Beverly Hills , California, Paris
An EU report found X has the highest proportion of Russian disinformation of any major social network. AdvertisementAdvertisementThe EU has warned that X, the social media company owned by Elon Musk, must clamp down on disinformation, after a study found that Russian propaganda was proliferating on the site. A report from the European Commission found that X, formerly Twitter, had the highest proportion of Russian disinformation of any of the major social media platforms, as Musk continues to overhaul the social network's anti-disinformation policies. The report examined 6,000 posts from Spain, Slovakia, and Poland made across a number of social media platforms. Posting on X, the company's Global Government Affairs team said that X was committed to complying with the Digital Services Act.
Persons: , Elon Musk, Musk, Vera Jourova, Mr Musk, Jourova, X Organizations: Service, Elon, Commission, Twitter, Bloomberg, European, BBC, EU, Google, Meta, Microsoft, Digital Services, company's Global Government Affairs Locations: EU, Spain, Slovakia, Poland, Ukraine
Data privacy expert Shoshana Zuboff told the FT that Elon Musk's Twitter is a threat to democracy. The former Harvard Business School professor calls Musk's Twitter takeover "fundamentally intolerable." However, The New York Times reported that racist, homophobic, and anti-semitic slurs have increased on the platform after Musk's takeover. But Zuboff thinks the risks of the Musk takeover and the corporate control of information by big tech are even bigger — and may result in unintended consequences. "These spaces cannot exist solely under corporate control," Zuboff said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClients should probably pause Twitter activity in light of 'chaos,' says digital ad groupMartin Sorrell, CEO of S4 Capital, says there's too much volatility at the moment, but it "doesn't pay to bet against Mr Musk."
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