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☆ Even Elon Musk thinks Mitch McConnell freezing on Capitol Hill is 'insane'
▼ + stars: | 2023-07-27 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Elon Musk called Senate Minority Leader Mitch McConnell abruptly freezing mid-sentence "insane." The billionaire Twitter boss suggested that there needs to be a constitutional amendment for term limits. This is insane," Musk said in a reply to a tweet of a video showing McConnell suddenly stop speaking to reporters on Capitol Hill on Wednesday. At the beginning of Senate Republicans' weekly press conference on Wednesday, McConnell froze up mid-sentence before being escorted away by other senators and an aide. Experts say it would likely take a constitutional amendment to impose such a change.

Persons: Elon Musk, Mitch McConnell, McConnell, —, Musk, Gray, Ron DeSantis Organizations: Service, Elon, Republicans, Republican, United States Congress, Capitol, Wednesday, GOP, SpaceX, Twitter, Florida Gov Locations: Wall, Silicon, Kentucky, Florida

☆ We tested it and Elon Musk is right: Twitter no longer responds to our emails with a poop emoji
▼ + stars: | 2023-07-21 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +2 min

Twitter has responded to all press inquiries with a single poop emoji since March. Elon Musk tweeted that going forward, Twitter would instead respond with a "We'll get back to you soon" infinite loop. It's the end of an era: Twitter no longer auto-replies to press emails with a single poop emoji. Twitter started the poop emoji auto-reply in March, months after Musk took over the company and executed widespread layoffs that included nearly the entire communications department. Musk tweeted that the new response would be played on an "infinite loop."

Persons: Elon Musk, Musk, Linda Yaccarino, It's, NBCUniversal, Twitter, Mark Zuckerberg, Kylie Kirschner Organizations: Twitter, Morning, Bloomberg, San Francisco Locations: San

☆ Elon Musk says he doesn't 'know what the hell is going on' with the economy
▼ + stars: | 2023-07-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

I don't know what the hell is going on," Musk, the CEO of car company Tesla, said during a second-quarter earnings call with analysts on Wednesday. Tesla has already slashed prices for its electric vehicles, or EVs, repeatedly this year to not only keep up with the competition but also the economy. Tesla reported an all-time high revenue of $24.93 billion on Wednesday, beating the $24.47 billion analysts had forecast, per Refinitiv data. Earnings per share came in at 91 cents per share adjusted, beating the 82 cents per share analysts had expected. Tesla's share prices fell 4.2% to $279.07 apiece in after-hours trade.

Persons: Elon, Tesla, it's, Elon Musk, Musk Organizations: Service, US Federal Reserve Locations: Wall, Silicon

☆ Bill Gates says Warren Buffett taught him to value free time: Filling ‘every minute of your schedule’ doesn’t make you more serious
▼ + stars: | 2023-07-09 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

As CEO of Microsoft, Bill Gates had a packed schedule — even sending 2:00 a.m. requests to employees. It wasn't until he saw Berkshire Hathaway CEO Warren Buffett's personal daybook that Gates learned to cut himself and his workers some slack. "When I was your age, I didn't believe in vacations. I didn't believe in weekends. Get CNBC's free Warren Buffett Guide to Investing, which distills the billionaire's No.

Persons: Bill Gates, Warren Buffett's, Gates, Charlie Rose, Buffett, Warren, It's, Elon Musk —, —, CNBC's David Faber, " I've, Musk, Warren Buffett Organizations: Microsoft, Berkshire Hathaway, Workers, Stanford University, Northern Arizona University

☆ Microsoft's co-founder Bill Gates will reportedly meet China's Xi this week
▼ + stars: | 2023-06-15 | by ( Sheila Chiang | ) www.cnbc.com time to read: +2 min

Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, during the EEI 2023 event in Austin, Texas, US, on Monday, June 12, 2023. Microsoft 's co-founder Bill Gates will be meeting Chinese President Xi Jinping on Friday, Reuters reported Wednesday citing two sources familiar with the matter. CNBC reached out to China's ministry of foreign affairs but did not hear back at the time of publication. They discussed views on enhancing public health service and poverty reduction, according to China's foreign ministry. In March, Cook met China's minister of commerce Wang Wentao to discuss China's reopening and broader supply chain issues.

Persons: Bill Gates, Melinda Gates, Xi Jinping, Gates, Antony Blinken, Qin Gang, Blinken, Tim Cook, Elon Musk —, Cook, China's, Wang Wentao, Musk, Ding Xuexiang Organizations: Melinda Gates Foundation, Microsoft, Reuters, CNBC, U.S, Foreign, U.S ., U.S . State Department, Apple, Tesla Locations: Austin , Texas, China, Hainan province, Beijing, U.S

☆ France's Macron seeks to show he's no lame duck as pension discontent rumbles on
▼ + stars: | 2023-06-08 | by ( Jenni Reid | ) www.cnbc.com time to read: +6 min

France's President Emmanuel Macron looks on in a meeting with JP Morgan CEO during the 5th edition of the "Choose France" Business Summit, in Versailles, southwest of Paris, on July 11, 2022. Around 8,000 demonstrators took to the streets of Toulouse, France, on June 06, 2023, protesting against the government. "They know Macron has no alternative than to rely on them, making it almost impossible to develop the centrist domestic project," he said. This is largely attributable to Macron's agenda," Schmieding said, adding France was replacing Germany was the most dynamic major European economy. French President Emmanuel Macron and Chinese President Xi Jinping shake hands at a Franco-Chinese business council meeting in Beijing, China April 6, 2023.

Persons: Emmanuel Macron, Morgan, Ludovic Marin, Chancellor Olaf Scholz, Macron, Renaud Foucart, Foucart, Les Republicains, Mujtaba Rahman, Rahman, Bruno Le Maire, Elon Musk, Holger Schmieding, Schmieding, Xi Jinping Organizations: Business, Afp, Getty, Nurphoto, Lancaster University, Eurasia Group, Macron, Finance, EU, U.S, Elon Locations: Versailles, Paris, Germany, Union, Toulouse, France, China, Ukraine, Europe, Beijing

☆ You hate your job but you love working from home: You're in remote-work handcuffs
▼ + stars: | 2023-05-28 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

There are many unhappy remote workers who wish they could quit and get another remote job. The golden handcuffs phenomenon is an obvious parallel, Denise Rousseau, a professor of organizational behavior at Carnegie Mellon's Tepper School of Business, told Insider. "If you're remaining in a job for purely extrinsic reasons — your working conditions are hard to replace — you're going to have more stress." In March 2022, roughly 20% of job listings on LinkedIn offered remote work; last month, such listings dwindled to 10%. David Bakke works from home in Georgia and said that while he doesn't "completely hate" his position, he'd quit if he could find another remote job.

☆ Twitter is starting to look a lot like Fox News
▼ + stars: | 2023-05-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Elon Musk's Twitter is starting to morph into a version of Fox News. Earlier this month, Tucker Carlson announced he would relaunch his show on the platform. Twitter is starting to look a lot like a certain conservative cable giant. Earlier this month, disgraced former Fox News host Tucker Carlson announced he'd be bringing his show to Twitter. Ron DeSantis would be announcing his presidential campaign on Twitter in a conversation with Musk.

☆ Satya Nadella disputes Elon Musk's claim that Microsoft controls OpenAI
▼ + stars: | 2023-05-16 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Microsoft CEO Satya Nadella said it is "factually not correct" to claim that Microsoft controls its partner OpenAI, in an excerpt of a pre-taped interview with CNBC's Andrew Ross Sorkin airing Tuesday. "Look, while I have a lot of respect for Elon and all that he does, I'd just say that's factually not correct," Nadella said. Microsoft announced a multiyear, multibillion-dollar investment into OpenAI in January, which marked the third phase of the partnership between the two companies. Nadella said AI development is happening quickly but that it is important for Microsoft to capitalize on the technology and its promise. Nadella's full interview with Sorkin will be streamed Tuesday on NBC News Now and Peacock at 10:30 p.m.

☆ The ultra-wealthy who fly private are costing average flyers who won't ever use a private plane a lot of money
▼ + stars: | 2023-05-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Private jet travel has surged in the US over the last few years and accounts for one in every six flights. But private flyers pay just two percent of the taxes that fund the Federal Aviation Administration. Commercial flyers must pay a tax on every ticket equivalent to 7.5% of the fare price. But private flyers only pay a jet fuel tax. Private airplane travel is significantly worse for the environment than commercial flight travel, since private jets carry far fewer people.

☆ SpaceX readies for another attempt to launch Starship, the most powerful rocket ever built
▼ + stars: | 2023-04-19 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

The Starship spacecraft, which stands at 164 feet (50 meters) tall, rides atop the rocket. The Starship rocket sits on the SpaceX Starbase in Boca Chica, Texas, on April 15, 2023. In the lead-up to the first launch of the company’s Falcon Heavy rocket, which held the title of most powerful rocket before NASA’s Space Launch System took flight last year, Musk foresaw only a 50-50 chance of success. “People (came) from all around the world to see what will either be a great rocket launch or the best fireworks display they’ve ever seen,” Musk told CNN at the time. The inaugural Falcon Heavy launch in 2018 was ultimately successful.

☆ ChatGPT creator Sam Altman says the world may not be 'that far away from potentially scary' AI and feels 'regulation will be critical'
▼ + stars: | 2023-02-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Amid discussions and scrutiny, OpenAI CEO Sam Altman shared his thoughts on AI In a series of tweets on Sunday. He warned the world may not be "that far from potentially scary" AI and said regulation will be "critical." regulation will be critical and will take time to figure out; although current-generation AI tools aren't very scary, i think we are potentially not that far away from potentially scary ones," he tweeted. Altman's been talking about regulating AI since 2015It's not the first time Altman has talked about regulating AI. "In an ideal world, regulation would slow down the bad guys and speed up the good guys — it seems like what happens with the first SMI to be developed will be very important."

☆ Twitter stiffed marketing firm $7,000 for a 'swag gift box' for Elon Musk that included a $689 Japanese whiskey and a branded cheese board, a lawsuit claims
▼ + stars: | 2023-02-20 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A branded-merch company claims it's owed $6,784 for a "swag gift box" Twitter ordered for Elon Musk. Canary Marketing says in a lawsuit that Twitter suddenly stopped paying its bills in September. The invoice for Musk's gift box includes a $689 bottle of whiskey and a custom-engraved cheese board. One of the payments Canary claims Twitter owes is the order from late September for a "swag gift box for Elon" worth $6,783.99, to be sent to Twitter's San Francisco headquarters. Twitter and Canary didn't immediately respond to Insider's request for comment, made outside of normal US working hours.

☆ Meet Maye Musk, the Sports Illustrated cover model and the glamorous mother of one of the richest men in the world
▼ + stars: | 2023-02-04 | by ( Grace Kay | ) www.businessinsider.com time to read: +13 min

Despite her support for her children, Maye Musk has been a celebrity in her own right for decades. Maye Musk Maye Musk attended the Met gala with Elon Musk last year. "They followed their passions, and they all went in different directions," Maye Musk told Insider in a 2020 interview. Elon Musk, in particular, had tried his hardest in school, but only in the subjects he liked, Maye Musk said. Even at 14 years old, Maye Musk said Elon Musk had shown a passion for investing.

☆ Welcome to Salesforce's week from hell.
▼ + stars: | 2023-01-09 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

While I learn how to math, my editors Matt Weinberger and Jake Swearingen will update you on tech this week via this newsletter. Before I bounce, let's catch up on the big pains of Big Tech. This type of messiness will likely permeate throughout Big Tech this year. Welcome to Salesforce's week from hell. The day after announcing big layoffs last week, CEO Marc Benioff didn't seem to notice that he was a full 18 minutes late to an all-hands meeting to discuss the cuts.

☆ Tom Zhu, who reportedly just became Tesla's 2nd most-powerful exec, slept at a Chinese factory during COVID lockdown — a habit he shares with CEO Elon Musk
▼ + stars: | 2023-01-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Reuters reported Tuesday that Tesla has made executive Tom Zhu head of US plants and sales. The role effectively makes Zhu Tesla's second-most powerful executive after Elon Musk. Like Musk, Zhu has a habit of sleeping overnight in Tesla facilities, according to Reuters. Like Musk, Zhu's committment to Tesla has extended to overnight stays in Tesla facilities in the past. Zhu reportedly slept in Tesla's Shanghai Gigafactory alongside other employees during the city's two-month COVID-19 lockdowns last year, in an effort to keep the plant running, per Reuters.

☆ My first time driving a Tesla showed me why people are so obsessed with Elon Musk's electric cars
▼ + stars: | 2022-12-31 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

First, the basicsThe Tesla Model Y. Tim Levin/InsiderThe Model Y is Tesla's small SUV and its most popular product. The Tesla Model Y. Tim Levin/InsiderThe display is super responsive to taps and swipes and features crisp graphics. The Tesla Model Y. Tim Levin/InsiderPlus, the Model Y lacks Apple CarPlay and Android Auto. Our impressions: An excellent choice, but not the only optionThe Tesla Model Y. Tim Levin/InsiderAs it turns out, the Tesla fans have a point. The Tesla Model Y. Tim Levin/InsiderThe Model Y is a great choice for many buyers, but Tesla isn't the only game in town anymore.

☆ Where's Ye? The lawyers who dropped Kanye West after his antisemitic tirades can't locate him to say they've quit.
▼ + stars: | 2022-12-29 | by ( ) www.businessinsider.com time to read: +6 min

The lawyers can't find him to tell him they've quit, and West isn't responding to texts. Lawyers for Greenberg Traurig were able to serve West with documents telling him they no longer wanted to represent him. In that case, held in federal court in California, US District Judge George H. Wu allowed Greenberg Traurig to withdraw on December 2. In court documents first reported by The Sun and reviewed by Insider, lawyers for Thomas St. John said on December 19 that they couldn't serve West with the lawsuit. West's previous lawyers — presumably the ones at Greenberg Traurig — told the management firm they no longer represented West, and the firm couldn't locate any replacement firm.

☆ 2022 was the year the Overconfidence Man fell back to earth
▼ + stars: | 2022-12-29 | by ( Maureen Tkacik | ) www.businessinsider.com time to read: +22 min

Naturally, Elon Musk, the platonic ideal of the peculiar self-aggrandizing, self-parodying personality type that thrived during the Trump years and peaked during the pandemic, tops this list. By 2022, the media had pronounced him variously the next Warren Buffett, J.P. Morgan and Charles Koch. "bye bye @trussliz Congrats to lettuce", tweeted Putin's one-time stand-in Dmitry Medvedev, to which Elon Musk could not resist replying, "pretty good troll tbh." Elon Musk speaks at the 2020 Satellite Conference and Exhibition in March 2020. Elon MuskIt's weird to recall now that Elon Musk once seemed like, graded on the billionaire curve anyway, a net positive for a cursed American society.

☆ JP Morgan 'pulled the levers' of Jeffrey Epstein's sex-trafficking operation, US Virgin Islands says in new lawsuit
▼ + stars: | 2022-12-29 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

A new lawsuit alleges JP Morgan facilitated Jeffrey Epstein's sex-trafficking scheme. Earlier this year, the US Virgin islands settled a separate lawsuit, first brought in 2020, with Epstein's estate and its executors. "JP Morgan ignored numerous red flags and failed to comply with federal banking regulations until years later after JP Morgan was no longer benefiting from Epstein's business," the lawsuit says. In addition to the US Virgin Islands, an anonymous "Jane Doe" filed lawsuits against JP Morgan and Deutsche Bank in November, alleging the financial institutions benefitted from Epstein's sex-trafficking operation. That same company, Hyperion Air, is identified by the US Virgin Islands Attorney General as one of Epstein's accounts with JP Morgan.

☆ Tesla or Rivian? The pros predict what 2023 will look like for the two stocks
▼ + stars: | 2022-12-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

It's been a tumultuous year for electric vehicle stocks, and two investor favorites, Tesla and Rivian , have been no exception. More recently, in early December, he told CNBC Pro that his price target for Tesla is $304. For now, we view this as short-term noise and, over the medium to long term, see Tesla's stock tied to Tesla's earnings." Evercore gave Rivian a price target of $35 for 2023, or 97% upside — lower than its 220% for Tesla. "The fact that Ford decided to sell Rivian stock rather than partner with Rivian is a long-term problem," he added.

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☆ Twitter has given new square business badges to some of its staff, news outlets, and a close friend of Elon Musk — but not Musk himself
▼ + stars: | 2022-12-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Twitter introduced a new square badge to show where company verified accounts are employed. At least 10 Twitter staff have the new badge, but Elon Musk doesn't. Musk himself, however, has not got a square badge, despite owning the company and spearheading the verification changes. Musk retweeted the official announcement for the feature, but is yet to address the poll which saw Twitter users vote for him to step down as CEO. The news outlet Bloomberg also has access to the square badge, which is currently being used for different sections of the outlet's coverage, but not individual journalists.

☆ Elon Musk could lose control of Tesla if the automaker's stock keeps tumbling, ex-Facebook security chief says
▼ + stars: | 2022-12-17 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk could face activist investors as Tesla's stock falls, an ex-Facebook exec warns. Activist investors buy up big stakes in public companies and then agitate for change — sometimes in the board room. Stamos was previously Chief Security Officer at Facebook and he was also previously Chief Information Security Officer at Yahoo. Last week, some Tesla investors expressed concern that Twitter had become too much of a distraction for the carmaker's CEO. Tesla's stock was trading a little over $150 a share late Friday.

☆ Tesla short sellers have made $11.5 billion profit this year
▼ + stars: | 2022-12-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

Investors who took short positions in Tesla stock have made an $11.5 billion profit so far this year, according to Wall Street analytics firm S3 Partners, as Tesla shares lost about half their value. That’s a nearly 60% return on the $19.6 billion invested in short positions on Tesla this year. And it’s a nearly 180-degree reversal in how they did in 2021, when their short positions resulted in a combined $10.3 billion loss, after Tesla shares rose 50%. And let’s not forget the $40.7 billion loss short sellers suffered in 2020, when shares of Tesla climbed 743%. The problems for Tesla stock, and the gains for short sellers, actually began about a year ago.

☆ Tesla drivers say they've faced more incidents of road rage since they started driving the electric cars
▼ + stars: | 2022-12-05 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tesla drivers say they've faced harassment since they started driving the EV, The Guardian reported. Tesla cars are equipped with multiple cameras that have publicly documented the incidents. He told the publication that he'd faced incidents of road rage eight times in November, alone. Three more drivers said the instances of road rage are often perpetuated by individuals driving pickup trucks. The channel, called Wham Baam Teslacam, also depicts instances of people cursing out Tesla drivers, vandalizing the cars, and chasing them down.

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