Latest Elon Musk News

Twitter may be worth one-third what Musk paid for it last fall as Fidelity marks down investment

May. 31, 2023 09:51 AM EDT

Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. Financial services company Fidelity has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55 billion. That's down from the...

China's commerce minister meets Tesla's Musk, promises support to foreign companies

May. 31, 2023 06:18 AM EDT

BEIJING (AP) — China's commerce minister met Tesla Ltd. CEO Elon Musk on Wednesday and promised to support the development of foreign companies, the ministry said. Musk earlier met with China's ministers of industry and foreign affairs. He joined a series of CEOs from global...

Nvidia, Coherent rise; Big Lots, Skyline Champion fall

May. 30, 2023 16:09 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Nvidia Corp., up $11.65 to $401.11. The chipmaker joined the $1 trillion club amid booming demand for its semiconductors in AI applications. Skyline Champion Corp.,...

Artificial intelligence raises risk of extinction, experts say in new warning

May. 30, 2023 13:09 PM EDT

Scientists and tech industry leaders, including high-level executives at Microsoft and Google, issued a new warning Tuesday about the perils that artificial intelligence poses to humankind. “Mitigating the risk of extinction from AI should be a global priority alongside other...

Tesla's Musk meets Chinese foreign minister, who calls for 'mutual respect' in US-China relations

May. 30, 2023 08:02 AM EDT

BEIJING (AP) — China’s foreign minister met Tesla Ltd. CEO Elon Musk on Tuesday and said strained U.S.-Chinese relations require “mutual respect,” while delivering a message of reassurance that foreign companies are welcome. U.S.-Chinese relations are especially tense after...

EU official says Twitter abandons bloc's voluntary pact against disinformation

May. 26, 2023 19:11 PM EDT

LONDON (AP) — Twitter has dropped out of a voluntary European Union agreement to combat online disinformation, a top EU official said Friday. European Commissioner Thierry Breton tweeted that Twitter had pulled out of the EU's disinformation “code of practice” that other major...

Elon Musk's brain implant company Neuralink says it has US approval to begin trials in people

May. 26, 2023 14:02 PM EDT

Elon Musk’s brain implant company Neuralink says it's gotten permission from U.S. regulators to begin testing its device in people. The company made the announcement on Twitter Thursday evening but has provided no details about a potential study, which was not listed on the U.S....

DeSantis pushes past embarrassing campaign start, raises $8.2M ahead of early state blitz

May. 25, 2023 21:01 PM EDT

CONCORD, N.H. (AP) — Florida Gov. Ron DeSantis on Thursday sought to push past an embarrassing beginning to his presidential campaign, outlining an aggressive travel schedule as his allies insisted they remain well funded and well positioned for a long Republican primary fight ahead. ...

Ford electric vehicle owners to get access to Tesla Supercharger network starting next spring

May. 25, 2023 20:43 PM EDT

DETROIT (AP) — All of Ford Motor Co.'s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the agreement Thursday during a “Twitter...

Twitter's launch of DeSantis' presidential bid underscores platform's rightward shift under Musk

May. 25, 2023 15:24 PM EDT

NEW YORK (AP) — Two years ago, signing a bill intended to punish Twitter and other major social media companies, Florida Gov. Ron DeSantis blasted the platforms as "suppressing ideas” during the COVID-19 pandemic and silencing conservative voices. What a turnaround. ...