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Elon Musk

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eSafety chief drops legal battle against Elon Musk’s X over Sydney church stabbing videos

E-safety commissioner Julie Inman Grant has confirmed she will pursue the case to remove violent content from X in Federal Court. The social media platform led by Musk said it is pleased that ‘freedom of speech has prevailed.’

  • By Shivaune Field
  • Business Journalist

Tesla investor accuses Elon Musk of $7.5 billion of insider trades

Musk sold more than $20 billion in Tesla stock around the same time he purchased Twitter for $44 billion in late 2022.

  • By Antonio Pequeño IV
One of the best-known Tesla analysts laid out a plan for the electric and self-driving vehicle giant’s board to curb the firm’s controversial CEO Elon Musk

Elon Musk is the world’s richest person again thanks to his new AI startup

Move over Bernard Arnault. There’s a new wealthiest person on the planet.

  • By Matt Durot
  • Forbes Staff

Elon Musk’s xAI raises $6 billion in latest funding round

Musk claimed his AI startup had a $18 billion valuation before the latest funding round.

  • By Siladitya Ray
  • Forbes Staff

Tesla cuts 600 jobs in California amid mass layoffs

The electric vehicle maker said earlier this year it would cut 10% of its workforce.

  • By Ty Roush
  • Forbes Staff

Tesla’s top retail investor votes against restoring Elon Musk’s $50 billion pay package

Billionaire Leo Koguan, who claims to hold more than 27 million Tesla shares, said Musk is a “tyrant CEO” who has abandoned the carmaker for his other companies.

  • By Alan Ohnsman
  • Forbes Staff

Elon Musk’s artificial intelligence startup xAI ‘nears $18 billion valuation’ as AI race heats up

The funding would provide Musk’s venture, which is behind the Grok AI chatbot, a welcome boost in its efforts to catch up to AI rivals like OpenAI, Google and Anthropic.

  • By Robert Hart
  • Forbes Staff

Jeff Bezos overtakes Elon Musk as world’s second richest person

After jostling for the position of second-wealthiest person in the world more than a dozen times in March, Musk and Bezos are competing closely once again.

  • By Molly Bohannon

Tesla fires supercharger team—Musk says network will grow at ‘slower pace’

Elon Musk internally announced that about 500 people, or the entire team that works on superchargers for Tesla, were being let go this week, according to The Financial Times.

  • By Molly Bohannon

Elon Musk says Tesla’s humanoid Optimus robot could launch next year – here’s what experts think

Tesla could start selling its humanoid Optimus robot by the end of next year and one day will rake in more cash from robots than cars, CEO Elon Musk told investors on Tuesday, another ambitious claim from the billionaire that experts said might just be within the realm of possibility—though is highly unlikely to make the carmaker any money in the near future.

  • By Robert Hart
  • Forbes Staff
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