A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors. This is all the more so during times of uncertainty in the markets, and even when markets are near all-time highs.
Musk's gaming habits have been continually mocked after he 'rage quit' a Path of Exile 2 livestream in April over his clearly poor performance. In an effort to showcase Starlink's Wi-Fi capabilities, Musk livestreamed the video game while aboard his private jet. The broadcast was brief; however, after the game's chat function was inundated with users mocking Musk, both for his poor gaming skills and for "ruining the [US]" through his political actions while he was head of the Department of Government Efficiency (DOGE).
I don't think this jackass should be banned, but Amazon should stop paying him to incite murder. That's insane, Musk said in response to the clips, which right-wing commentator Mike Cernovich had posted, and asked why Destiny was allowed to continue streaming on Twitch. (He has actually been banned from Twitch since March 2022 for violating its hateful conduct policy.)
Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
Elon Musk, the Tesla CEO, has purchased nearly $1bn worth of the electric-vehicle maker's stock, a regulatory filing showed, reinforcing Musk's push for greater control over Tesla. Tesla shares jumped more than 8% in premarket trading on Monday following the news. Tesla is racing to meet its ambitious targets on robotaxis, artificial intelligence and robotics as it looks to pivot from an EV maker to a tech leader.
Elon and I have a relationship, wouldn't say a very good one. He's generally rather rude about me... You know, it would be nice to get some clarification of what fight meant in that context,
Grok, which has had a track record of giving false and misleading answers, answered: This footage appears to be from an anti-lockdown protest in London's Trafalgar Square on 26 September 2020, during clashes between demonstrators and police over Covid restrictions. The answer was quickly picked up and amplified by X users, including the Daily Telegraph columnist Allison Pearson, who tweeted: This was my suspicion, before asking: Did the Met claim footage of clashes in summer 2020 took place yesterday?
For years, Elon Musk has consistently argued that one of the greatest threats to civilization is collapsing birth rates. The billionaire CEO believes that declining fertility could hollow out economies, weaken workforces, and leave the West unable to sustain itself. In an X post last week, he wrote: "Low birth rate is the number one threat to the West. There will be no West if this continues."
The tech billionaire appeared in front of the Unite the Kingdom rally crowd via video link on Saturday afternoon and claimed "massive uncontrolled migration" was leading to the "destruction of Britain". Musk said that "violence is coming" and urged the crowd to "fight back or you die".
Secretary of Commerce Howard Lutnick, who worked closely with Musk during the Tesla CEO's time as the face of the Department of Government Efficiency, expressed disapproval toward how Musk handled firings at DOGE. In an interview with "The Axios Show"that aired on Friday, Lutnick told show host Mike Allen that Musk approached DOGE in the same way he approached Twitter, now X, where he rapidly cut 80% of staff, and that Musk "thought that example worked for government."
Ask someone their worst fears about AI, and you'll find a few recurring topics - from near-term fears like AI tools replacing human workers and the loss of critical thinking to apocalyptic scenarios like AI-designed weapons of mass destruction and automated war. Most have one thing in common: a loss of human control. And the system many AI experts fear most will spiral out of our grip? Elon Musk's Grok.
Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
To nab the jaw-dropping pay package that could make Elon Musk the first trillionaire, the Tesla CEO first has to find his successor - eventually, anyway. Succession planning is rarely easy and often gets harder when it involves replacing a high-profile exec. Whoever eventually steps in to replace Musk will have a big job to do, leadership experts told Business Insider.