News Twitter Employees Sue the Company Over Unpaid Bonuses The class-action suit accuses Twitter executives, including former CFO Ned Segal, of repeatedly promising employees that they would receive 50% of their 2022 bonuses.
News Elon Musk's Neuralink Gets FDA's Approval to Launch Its First-in-Human Clinical Study Getting FDA approval for a commercial medical device is a challenging task. In March 2023, Reuters reported that the FDA did not allow Neuralink to test their brain chip implants in humans.
News FDA Rejects Neuralink's Request to Test Brain Chip Implants in Humans While the sources declined to give Reuters the FDA's written denial, explaining it was a confidential document, they described the features of the devices that caused the regulator's concerns.
News Elon Musk Released a Perfume That Smells Like Burnt Hair The release of the perfume is related to a post the billionaire jokingly posted on Twitter back in late September. Musk announced plans to release a fragrance for men called Burnt Hair, which would help men "stand out in a crowd."
News Twitter and Elon Musk Will Go to Trial over the $44 Billion Deal in October Musk and Twitter are preparing for a lawsuit after the billionaire refused to buy the company. The lawsuit states that Musk refuses to honor the agreement because the deal has ceased to interest him personally. A trial in the case is set for October.
News Elon Musk Is Backing Out of the $44 Billion Deal to Buy Twitter The entrepreneur previously said he was holding off on a deal to buy Twitter until the company could prove that spam bots and fake accounts represented no more than 5% of the social network's daily active users.
News Tesla's Humanoid Robot Prototype Might Be Ready by September Optimus is a human-sized robot that will be produced at Tesla plants and help people with everyday tasks, such as buying groceries, catching pets, or carrying objects weighing up to 20 kilograms.
News Elon Musk Acquires Twitter for $44 Billion Shareholders will receive $54.2 for each common share, which is 38% more than their value as of April 1, when it became known that Musk had purchased a 9% stake in the company.
News Elon Musk Will Not Join Twitter Board After All Musk was about to be appointed to Twitter's board of directors, with his term expiring in 2024, and he was limited from owning more than 14.9% of Twitter's common stock.
News Tesla Sets a New Delivery Record in Q1 of 2022 Electric car maker Tesla increased the deliveries of its vehicles in the first quarter of 2022 by 68 percent compared to the same period of the previous year, to a record 310,048 vehicles.
News Elon Musk Opens Tesla's First European Gigafactory Near Berlin Hundreds of guests attended the opening of the plant, including Chancellor Olaf Scholz of Germany and other officials. Of course, the head of the company Elon Musk was also present.
News Tesla Accepts Dogecoin as Payment for Some of Its Merchandise A new section on the company's website says that Dogecoin can be used to purchase selected items from the Tesla Shop, making it the only cryptocurrency that Tesla customers can use to buy goods.
News Elon Musk Is the Person of the Year According to the Financial Times and Time The Time editors noted that Musk became the richest person in the world in 2021, with his fortune exceeding $300 billion in early November. Currently, his fortune is worth an estimated $265.4 billion.
News Caviar Unveils an iPhone 13 Pro Made Out of a Tesla Car Russian company Caviar, which is famous for creating premium versions of popular gadgets, presented a limited-edition iPhone 13 Pro dubbed "Electro," which is dedicated to Elon Musk and his electric car company Tesla, as well as a desktop bust of Elon Musk.
News Elon Musk's Boring Company Gets Approval for Las Vegas Tunnel System One of Elon Musk's startups, Boring Company, has received approval from local authorities to build a network of high-speed underground tunnels near Las Vegas. The Vegas Loop tunnel system will stretch for 29 miles (46.6 km) with 51 stations available.
News Tesla Cybertruck Mass Production Delayed Until 2023 The presentation of the finished vehicle will take place no earlier than at the end of 2022, and the mass production of electric pickups with angular design will likely begin in 2023 due to the many complex technologies that have not yet been implemented.
News Elon Musk Unveiled a Humanoid Robot Tesla Bot Tesla Bot will use the same chips and sensors used in the company's electric vehicles. Musk says Tesla can now be considered the world's largest robotics company because its electric vehicles are practically semi-intelligent robots on wheels.
News Elon Musk's Neuralink Raises $205 Million From a Group of Investors The company attracted a record $205 million in investments from Google Ventures, the Dubai fund Vy Capital and several other investors, including DFJ Growth, Valor Equity Partners, Craft Ventures, Founders Fund, and Gigafund.
News People Created Floki, a Cryptocurrency in Honor of Elon Musk's New Dog Elon Musk tweeted about his new pet, and this seemingly harmless tweet unexpectedly launched a chain of events in the cryptocurrency market, raising the value of one of the existing cryptocurrencies and creating a completely new one.
News Tesla Starts Selling Model S Plaid, Its Fastest and Most Expensive Electric Car The flagship sedan Model S Plaid has changed a generation for the first time since 2012. The first 25 cars were handed over to customers, and journalists and guests conducted the first test drives.
News Tesla Temporarily Halts the Use of Bitcoin to Pay for Its Cars Tesla's CEO Elon Musk justified this decision by the environmental problems caused by mining, which is necessary to ensure the existence and functioning of the Bitcoin cryptocurrency.
News Neuralink Co-Founder Max Hodak Left the Neurotechnology Startup Co-founder of the Neuralink startup, Max Hodak, who worked with Elon Musk on brain implants, has left the company. He did not publicly announce the reason for leaving the startup.
News Tesla Cars Can Now Be Bought with Bitcoin After Tesla CEO announced the addition of Bitcoin as a payment method for Tesla cars, the Bitcoin exchange rate rose by a couple of thousand dollars and exceeded $56,500 per unit.