Elon Musk no longer world’s richest person after judge voids $51 billion pay package
A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune.
A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune.
A change to the design of new Tesla Model 3 vehicles means that infant or child car seat restraints cannot be securely attached, according to the Australian Department of Infrastructure and Transportation.
“Sports can be safer without drug testing,” the Enhanced Games claims, adding its reformed contest will let “athletes become superheroes.”
Tesla shares dropped around 2% in after-hours trading following the ruling.
Japan’s “Moon Sniper” rover on Monday regained power and has woken up on the Moon, a surprise turnaround for the country’s historic space mission after its successful “pinpoint” landing on the lunar surface more than a week was marred by technical challenges and forced into hibernation.
Musk’s net worth rose by $5.5 billion on Monday, as Tesla’s share price rallied 4.2% after a major slump last week.
Last January, PayPal laid off some 2,000 people.
Since 2016, Elon Musk’s startup Neuralink has been working on developing a brain chip that will allow users to control devices using only their thoughts. For the first time, it’s been implanted into a human being.
Amazon’s proposed acquisition of Roomba maker, iRobot, has been scrapped over EU antitrust regulatory concerns.
The China Evergrande Group has US$300-billion in liabilities and was put into liquidation by a Hong Kong judge yesterday. Once the largest property developer in China, the fate of Evergrande is expected to impact Australian exports.