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So why shouldn’t federal employees who are paid with taxpayer dollars be required to be in office?” the source said. Ending remote work across government is being considered a potential “early candidate” for executive orders that members of DOGE will recommend to Trump, the source said. “I can’t abandon this career,” one Library of Congress worker who lives in the Midwest told CNN. Another federal employee who works remotely told CNN that they would have to commute two to three hours to the nearest office. Other targets beyond remote workRemote work isn’t the only cost-cutting measure that is likely to be addressed through executive orders.
Persons: Donald Trump’s, Elon, Vivek Ramaswamy, Ramaswamy, , , “ It’s, ” Everett Kelley, AFGE, Charlie Kirk –, , DOGE, Kirk, doesn’t, aren’t, Musk Organizations: CNN, of Government, Republican, Trump, telework, Personnel Management, American Federation of Government Employees, Midwest, of Congress, Congress, General Services Administration Locations: Washington, DC, Washington ,
Crypto super PACs spent heavily on Republicans as well as key Democrats, including two who won open seats in the US Senate, Elissa Slotkin in Michigan and Ruben Gallego in Arizona. How Washington regulates the industry has enormous consequences for this burgeoning sector, along with the 52 million Americans who now hold digital assets. “The strategy is to have as many conversations with as many people in the Trump orbit as possible so that everyone has an understanding of what the crypto industry is most interested in,” she said. They also helped finance Fairshake, a crypto industry super PAC launched last year that was active in congressional contests. An industry super PAC spent $40 million to back to Republican Senate candidate Bernie Moreno in Ohio, who ousted three-term Democratic Sen. Sherrod Brown.
Persons: Donald Trump, Gary Gensler, Biden, Crypto, Elissa Slotkin, Ruben Gallego, Sam Bankman, “ Crypto, ” Kristin Smith, we’ll, that’s, ” Smith, , Smith, Dan Gallagher, Paul Atkins, Atkins, Gallagher, Bitcoin, Trump, , It’s, Barron, Steve Witkoff, multibillionaire Elon Musk, Cantor Fitzgerald Howard Lutnick, Carlos Barria, Reuters Howard Lutnick, Cantor Fitzgerald, Marc Andreessen, Ben Horowitz –, Sergio Gor, Andreessen, , Tyler, Cameron Winklevoss, Musk, Katie Porter, Massachusetts Sen, Elizabeth Warren, Porter, Adam Schiff, Bernie Moreno, Democratic Sen, Sherrod Brown, Brown, Moreno, Colin McLaren, ” Robert Weissman, Andreessen Horowitz, Kara Calvert, CNN’s David Wright Organizations: CNN, Trump, Securities, Exchange Commission, Industry, Crypto, Blockchain Association, SEC, Token Alliance, Liberty, Liberty Financial, of Government, Republican, Reuters, Venture, Biden, PAC, Democratic Rep, Democratic, Banking Committee, Commodities Futures Trading Commission, Cedar Innovation Foundation, Consumer, Public Citizen Locations: Washington, Michigan, Arizona, Madison, New York City, U.S, America, Bitcoin, Massachusetts, California, Ohio
New York CNN —Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader. Tesla, Musk’s most valuable company, in recent years has struggled to maintain its dominance of the electric vehicle market. Of course, that’s if Trump and Musk remain on good terms. And no matter how much power and influence Musk could yield, Trump will hold the ultimate trump card: He’ll be president.
Persons: New York CNN — Elon Musk, Donald Trump, Musk, Tesla, Trump, , Dan Ives, Ives, , it’s, ” Ives, He’ll Organizations: New, New York CNN, SpaceX, Boring, EV, Wedbush Securities, Trump White House, Tesla, Trump, Bloomberg, Boeing, Fidelity, Twitter Locations: New York, China
CNN —Tech tycoon Elon Musk joined a call between US President-elect Donald Trump and Ukrainian President Volodymyr Zelensky the day after the presidential election, according to a source with knowledge of the situation. Zelensky previously said on X that he called Trump on Wednesday and congratulated him on “his historic landslide” win. Strong and unwavering US leadership is vital for the world and for a just peace,” Zelensky wrote at the time. CNN is reaching out to Musk and Trump’s teams about the call, which was first reported by Axios. Questions about Musk’s influence in the war also began to mount amid a rise in Ukrainian sightings of Russian uses of the satellite internet service.
Persons: Elon Musk, Donald Trump, Volodymyr Zelensky, Zelensky, , Strong, ” Zelensky, Axios, Vladimir Putin, Musk, , Starlink, Walter Isaacson, Isaacson, Dmitry Peskov Organizations: CNN — Tech, US, Ukrainian, CNN, Trump, PAC, NASA, SpaceX, Pentagon, Starlink, Russian, Putin Locations: Kyiv, Russia, Ukraine, Crimea, Crimean, Ukrainian, American
Election officials in pivotal battleground states including Pennsylvania, Michigan and Arizona have all tried – and largely failed – to fact-check Musk in real time. Election officials say they are simply outmatched up against Musk’s followers and the X algorithm. “Election officials, they have a very hard job – their job is to be election officials not to be Tweeters,” said Renée DiResta, an expert in disinformation and an associate research professor at Georgetown University’s McCourt School of Public Policy. Election officials in Pennsylvania are similarly attempting to fact-check Musk’s false claims on X but acknowledge those efforts are unlikely to stymie the spread of election lies. In Georgia, election officials see little point in trying to engage with Musk directly, instead turning to the method they relied on in 2020 to beat back misinformation: Regular press conferences with election officials rebutting the latest election falsehoods.
Persons: CNN — Elon, CNN they’re, “ I’ve, , Stephen Richer, “ We’ve, ” Richer, Donald Trump, Joe Biden, , Jocelyn Benson, ” Benson, Musk, Benson, , Renée DiResta, Georgetown University’s, DiResta, “ It’s, Nina Jankowicz, I’d, Elon Musk, Jim Jordan’s, they’ve, ” Jankowicz, I’ve, ” Sen, Mark Warner, X, Nick Pickles, Pickles Organizations: CNN, Republican, Trump, Georgetown, Georgetown University’s McCourt School of Public, Musk’s America PAC, American Sunlight, Meta, Republicans, Democrats, Capitol, Virginia Democrat, Global Affairs Locations: Pennsylvania, Michigan, Arizona, Maricopa County, Wolverine, Georgia
Philadelphia CNN —Tech billionaire and Trump ally Elon Musk is trying to move a lawsuit over his $1 million giveaway to voters into federal court, short-circuiting a required appearance Thursday at a Pennsylvania court. Lawyers for the Tesla CEO filed a “motion of removal” in federal court late Wednesday night. The parties will now continue pressing their case in federal court. Foglietta said he’s available later Thursday or Friday if the federal judge sends the case back to state court. Musk endorsed Trump in July and has donated $118 million to his super PAC.
Persons: Trump, Elon Musk, Angelo Foglietta, Foglietta, Larry Krasner, Musk, Musk’s, ” –, Harris, CNN John Summers, , “ Brazenly, ” Summers, , Krasner, ” Musk, Matthew Haverstick, Summers, Haverstick, ” Haverstick, “ Rather, , Derek Muller, ” Muller, , Josh Shapiro Organizations: Philadelphia CNN — Tech, Trump, PAC, America PAC, Republicans, CNN, SpaceX, Notre Dame Law School, Pennsylvania, Democrat, Justice Department Locations: Pennsylvania, Philadelphia
Deep-pocketed Republicans donors also tried to close the gap by boosting a GOP super PAC working to seize the Senate majority. America PAC has taken on a critical supporting role for the Trump campaign, according to its independent expenditure filings, which cover some spending beyond September 30. Tuesday’s filings show other conservative billionaires also plowing extraordinary sums into the effort to reelect Trump. Another leading pro-Trump super PAC, Restoration PAC, also reported a huge haul from a single major donor. Meanwhile, the Congressional Leadership Fund – the main super PAC supporting House Republicans – hauled in more than $81 million in the third quarter.
Persons: , Miriam Adelson, Elon Musk, Donald Trump’s, Adelson, – Musk, Richard Uihlein –, megadonors, Kamala Harris, Harris, Musk, Trump, reelect Trump, Sheldon, Uihlein, Ike Perlmutter, Laura, Biden, Michael Bloomberg, Reid Hoffman, Steve Mnuchin, Dana White, White, Chuck Schumer, JB Pritzker, Eric Schmidt, Reed Hastings, Ken Griffin, Elliott, Paul Singer, Stephen Schwarzman, Republicans –, Timothy Mellon, Montana Sen, Jon Tester, Ohio Sen, Sherrod Brown, Tim Sheehy, Brown, Bernie Moreno, Eric Hovde, Democratic Sen, Tammy Baldwin, Baldwin, Colin Allred, Sen, Ted Cruz, Cruz, Nathan L, Democrat Adam Gray, Michelle Steel, Democrat Eugene Vindman, Trump’s, Vindman, Mary Peltola, CNN’s Kristen Holmes Organizations: CNN, Trump, PAC, Federal, Commission, Adelson, Democratic, Republican, GOP, White, House . America PAC, America PAC, Preserve, America, Restoration PAC, FF PAC, FF, New York, LinkedIn, Republican National Convention, Fund, Illinois Gov, Netflix, Citadel, Elliott Management, Blackstone Group, Congressional, Republicans, The New York Times, Democrats, West, Senate, Ohio, – Rep, Democrat, Alaska Rep Locations: Pennsylvania, California, New York, Preserve America, Michigan, Wisconsin, Pennsylvania , Wisconsin, Georgia, Lago, Florida, Montana, Michigan , Pennsylvania, Arizona, Maryland, Republican, Texas, Virginia’s, District, Alaska
New York CNN —Walmart confirmed on Friday that it is not advertising on X, the social media platform owned by Elon Musk and formerly known as Twitter. “We aren’t advertising on X as we’ve found other platforms to better reach our customers,” a Walmart spokesperson said in a statement to CNN. A number of prominent brands paused their advertising on X, last month following Musk’s public embrace of an antisemitic conspiracy theory favored by White supremacists. “I don’t want them to advertise,” Musk said at the New York Times DealBook Summit in New York. “If anyone is killing X, it’s Elon Musk – not advertisers,” she said.
Persons: Elon Musk, White supremacists, Joe Benarroch, Musk, dumbest, ” Musk, , didn’t, Craig Atkinson, CNN it’s, Big, they’re, Jasmine Enberg, it’s Elon Musk, , Personally, ” Enberg, Benjamin Netanyahu, Isaac Herzog, Israel “ wasn’t, he’s, – CNN’s Jennifer Korn Organizations: New, New York CNN, Walmart, Elon, CNN, Reuters, New York Times DealBook, Disney, Paramount, Comcast, Lionsgate, Warner Bros, Insider Intelligence, Intelligence, Israeli Locations: New York, Israel
Elon Musk – the world's richest person – is getting his very own biopic. Movie buffs are already speculating about who could play the controversial billionaire. AdvertisementAdvertisementElon Musk, the world's richest person, is finally getting his own movie. The film will apparently be based on Walter Isaacson's biography of Musk published earlier this year. AdvertisementAdvertisementPeople are already speculating about who could play the controversial billionaire, with Reddit threads and social media buzzing with suggestions.
Persons: Elon, Walter Isaacson's, Darren Aronofsky, , Elon Musk, Aronofsky, Oscar, Musk, Isaacson Organizations: Service, Variety, SpaceX, Twitter
Elon Musk reportedly helped Larry Ellison reset his Twitter password, per an excerpt of Musk's upcoming biography. Oracle cofounder Ellison is an investor in X and a longtime friend of Musk's. AdvertisementAdvertisementElon Musk reportedly helped longtime friend and Oracle cofounder Larry Ellison reset his Twitter password after the billionaire forgot it. Ellison has been a vocal supporter of Musk over the years and has previously sat on the board of Tesla. Ellison reportedly supported Musk through various stages of his chaotic Twitter takeover.
Persons: Elon Musk, Larry Ellison, Walter Isaacson, Ellison, Musk's, Walter Isaacson –, Musk –, Ellison hasn't, Musk, Isaacson, Oracle, Insider's Kali Hays Organizations: Oracle, Morning, Wall, Twitter, Tesla
A clip showing the crowd chanting "Bring back Twitter," has gone viral on X. That can't be from in here, surely," one of the commentators said, trying to bring the audience's focus back onto the game. AdvertisementAdvertisementElon Musk, the owner of X, formerly known as Twitter, made a surprise appearance on Saturday at the world championship final of esport Valorant and was immediately met with a chorus of boos and the crowd chanting, "Bring back Twitter." A clip of his appearance, shared on Saturday by X user Jake Lucky, has since racked up over 7 million views on the platform. That can't be from in here, surely," one of the commentators said, trying to bring the audience's focus back onto the game.
Persons: Elon Musk, esport Valorant, Jake Lucky, Musk –, Musk Organizations: Morning, Twitter Locations: Los Angeles, Indonesia
Trump’s return appeared to be welcomed by X owner Musk, who has been encouraging politicians and public figures to post on the site in a bid to improve user numbers. If Trump decides to return to regularly posting on X, it could be a major boon to the platform’s effort to attract an audience as it faces increased competition. Trump’s return “should have a positive impact on [X’s] engagement at a time when it needs it,” D.A. What’s more, after making his return to X, Trump appeared to try to clarify where his loyalty lies. !” Trump posted on the X competitor platform.
Persons: Elon Musk, Donald Trump’s, Trump, Trump’s, Musk, ” D.A, Davidson, Tom Forte, Linda Yaccarino, , ” Forte, , ” Trump Organizations: New, New York CNN, Twitter, Republican, CNN, Nazi, Trump, Facebook Locations: New York, Georgia, Washington
Tesla directors are returning $735 million to the company to settle a suit that claims they were overpaid. That includes $458.6 million in company shares and $276.6 million in cash, per court filings. That totals to around $735 million, consisting of $458.6 million in company shares and $276.6 million in cash. The $735 million settlement stems from a 2020 lawsuit, wherein Detroit's Police and Fire Retirement System accused Tesla's board members of overpaying themselves in the form of stock options from 2017 to 2020. Tesla directors denied those claims, arguing that the company saw rapid growth sent the stock soaring.
Persons: Elon Musk, Larry Ellison, Rupert Murdoch's, James Murdoch, Elon Musk's, Kimbal Musk –, Tesla's, Tesla Organizations: Elon, Service, Oracle, Delaware Chancery, Reuters, Detroit's Police Locations: Wall, Silicon, Delaware
China is signaling to the rest of the world that it's open for business again. Both Elon Musk and Janet Yellen have made trips to Beijing recently. But less money is flowing into the country – with foreign investors likely alienated by Xi Jinping's authoritarianism. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Spooked investors responded by dumping Chinese stocks in a $6 trillion blowout, while the onshore Chinese yuan dropped against the US dollar.
Persons: Elon Musk, Janet Yellen, Xi, Li Qiang, John Kerry, Mark Mobius, he'd Organizations: Service, Privacy, China, Tesla, Communist Party, Bain, Co, Big Tech Locations: China, Beijing, Wall, Silicon, Tianjin, Shanghai, West
New York CNN —Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow. Ad revenue has been a contentious issue and an uphill battle for the site, after hordes of advertisers fled after Musk took over. The New York Times reported that Twitter’s US advertising revenue from the five weeks from April 1 to the first week of May was down 59% year-over-year, citing an internal presentation. “It’s definitely been extremely difficult,” Musk said in Twitter Spaces livestream event Musk hosted with Robert F. Kennedy, Jr last month. On Thursday, Twitter announced content creators would be able to get a slice of the site’s ad revenue, seemingly to encourage more creators to join the site.
Persons: New York CNN — Elon Musk, Musk, Linda Yaccarino, “ It’s, ” Musk, Robert F, Kennedy, Jr, it’s, Andrew Tate, Organizations: New, New York CNN, Twitter, BBC, The New York Times, CNN Locations: New York, Romania
A high-tech mattress by Eight Sleep, apparently beloved by the tech elite, reportedly leaks. One customer tweeted a photo of an Eight Sleep mattress with a large leak, Bloomberg reported. The company told Insider it "worked tirelessly" to address an issue affecting "a small fraction" of users. A high-tech mattress company whose mattresses retail for about $3,000 – and have the stamp of approval from tech's elite like Elon Musk – is reportedly prone to leaks. One customer shared a photo on Twitter over the weekend that showed a large wet patch on his Eight Sleep mattress, which is temperature-controlled using water.
Persons: Mark Zuckerberg, Andrew Ross Sorkin, we've Organizations: Bloomberg, Elon, New York Times
Amid these concerns, one private jet owner has decided to scale back. In line with Prince’s thoughts, the Institute for Policy Studies report advocates for higher taxes on both private jet sales and fuel. They also call for the federal jet fuel tax to be doubled from $0.219 per gallon to $0.438 per gallon for the most frequent private jet users. We should have very high taxes, [usage] taxes and fuel taxes that discourage private jet owners.”Collins adds that the construction of private aviation infrastructure should stop altogether, as this form of transportation should be phased out. In April, Schiphol airport in Amsterdam announced it is considering banning private jets from its grounds altogether.
Persons: What’s, Stephen Prince, “ I’ve, It’s, I’m, , Joan Valls, Shutterstock There’s, he’s, who’s, , it’s, ” Prince, we’re, George Rose, Elon, ” Chuck Collins, ” Collins, That’s, Collins Organizations: CNN, US Institute for Policy Studies, Federal Aviation Administration, Patriotic, Cessna, Prince, TSA, Institute for Policy Studies, Locations: Nebraska, Boston, Europe, France, Ireland, Schiphol, Amsterdam
Elon Musk and Mark Zuckerberg remain at each others' throats following the launch of Threads. The squabble has ramped up a notch after Twitter threatened to take Meta to court over Threads. It's getting a bit pitiful for Elon Musk and Mark Zuckerberg as their feud continues to escalate, following the launch of Threads. In Musk's case, Twitter CEO Linda Yaccarino should bring a level-headedness that her colleague is clearly lacking. These include hashtags, a "following" feed, and a messaging function, which means Threads is still a skeletal project.
Persons: Elon Musk, Mark Zuckerberg, haven't, Musk, Alex Spiro, Zuckerberg –, Meta, Andy Stone, Sheel Mohnot, Zuckerberg, Zuck, who's, He's, Alex Heath, Linda Yaccarino, Adam Mosseri, Mosseri Organizations: Meta, Twitter, UFC Locations: San Francisco
Elon Musk has reclaimed the title of world's richest person, per the Bloomberg Billionaires Index. The electric-vehicle pioneer's wealth rose in May thanks to Tesla's stock price surging. Musk surpassed Bernard Arnault on Wednesday after Paris-listed LVMH shares fell nearly 3%. Musk's wealth passed Arnault's on Wednesday after LVMH slipped nearly 3% in Paris trading, according to the Bloomberg Billionaires Index. He's still comfortably the world's second-richest person, ahead of Bezos, who's worth $144 billion.
Persons: Elon, Bernard Arnault, , Elon Musk, LVMH, Tesla, , Jeff Bezos –, he's, Linda Yaccarino, Arnault's LVMH, He's, Bill Gates, Larry Ellison, Steve Ballmer, Warren Buffett, Larry Page, Sergey Brin, Mark Zuckerberg, Read, Hermes Organizations: Bloomberg, Service, Privacy, Amazon, Google Locations: Paris, Bezos
Opinion: What happened to Elon Musk?
  + stars: | 2023-05-18 | by ( Opinion Frida Ghitis | ) edition.cnn.com   time to read: +8 min
Appalled, Enes Kanter Freedom, the Turkish-born former NBA player, a fierce critic of Erdogan, told CNN, “I don’t want to hear about Elon Musk talking about free speech ever again. It turns out Musk’s free speech absolutism is less than absolute. Absurdly, he now says, “By ‘free speech,’ I simply mean that which matches the law.” So, if a tyrant makes a law banning criticism, will Musk believe that muzzling its critics conforms with free speech? Beyond his free speech hypocrisy, there’s the vanishing aura of Musk as the thoughtful futurist concerned about humanity’s fate. Soros, Musk wrote – to almost 140 million Twitter followers – “wants to erode the very fabric of civilization.
Civil society groups in the U.S. and EU have since pressed lawmakers to rein in OpenAI's research. Among the research cited was "On the Dangers of Stochastic Parrots", a well-known paper co-authored by Margaret Mitchell, who previously oversaw ethical AI research at Google. Her research argued the present-day use of AI systems could influence decision-making in relation to climate change, nuclear war, and other existential threats. Asked to comment on the criticism, FLI's Tegmark said both short-term and long-term risks of AI should be taken seriously. Twitter will soon launch a new fee structure for access to its research data, potentially hindering research on the subject.
Elon Musk doesn't draw a cash salary from Tesla because he's paid in stock options. He received the final block of options from his 2018 pay package last month, meaning he's now technically working for free. So without a cash salary or stock options, Musk isn't being paid to be Tesla's CEO right now – but don't feel too sorry for him. "The Plan designed and approved by the Board was not a typical pay package intended to compensate the ordinary executive for overseeing the day-to-day operations of a mature company." Read more: Elon Musk's lawyers are making closing arguments in a trial over his $56 billion pay package that could be decided as soon as today
One Twitter user said: “Elon Musk EXPOSED Bill Gates in the latest twitter files so hard that he has now turned off comments on his Twitter” (here). However, Reuters Fact Check found that Gates disabled tweet replies in July 2020. The last apparent tweet by Gates allowing replies from other Twitter users appears to be on July 2, 2020 (here). A spokesperson for the Bill & Melinda Gates Foundation said allegations that he disabled Twitter replies in response to Musk’s actions are false. Bill Gates’ Twitter account has disabled tweet replies since July 2020, years before the “Twitter Files” were released.
Elon Musk hired two cousins to work at Twitter, two people familiar with the matter told Insider. Elon Musk took over Twitter in late October and has since laid off thousands of staff. His cousins James Musk and Andrew Musk – sons of the billionaire's uncle on his father's side – now appear to be full-time Twitter employees. Andrew Musk works on software-engineering projects, while James Musk is more of as "a fixer type," helping Elon Musk on various tasks, one insider said. Since Elon Musk took over Twitter in late October, about 70% of the 7,500-strong workforce staff have been laid off, fired or resigned.
During a two-hour long Twitter Spaces session, Musk said a second “Twitter Files” drop will again involve Taibbi, along with journalist Bari Weiss, but did not give an exact date for when that would be released. It showed employees on several Twitter teams debating over whether to restrict the article under the company’s hacked materials policy, weeks before the 2020 election. Musk also said Twitter should program and monetize native long audio and video posting. He is quoted as saying that some of the investment may have been sold before Twitter went private in October, but he wasn’t sure. Musk also said that Twitter will roll out its new account verifications within the next week, which had been halted.
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