In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice. Ms. Denholm has made $198 million in the past…
Browsing: Elon Musk
SAN FRANCISCO — ChatGPT maker OpenAI will remain under the control of its founding nonprofit board after abandoning a plan to split off its commercial operations as a for-profit company. Former employees and Elon Musk, a co-founder of OpenAI who…
The past several weeks might have been tumultuous or even existential for a lot of U.S. businesses caught up in trade wars, but they’ve been pretty darn good for Starlink, the satellite company owned by Elon Musk. After years of regulatory…
Tesla has settled a racial discrimination lawsuit by a Black female employee who claimed a manager at its Fremont, California, plant sometimes greeted workers by saying “welcome to the plantation” or “welcome to the slave house.” Raina Pierce, who installed…
Last week, Elon Musk indicated for the first time that his Department of Government Efficiency was falling short of its goal. He previously said his powerful budget-cutting team could reduce the next fiscal year’s federal budget by $1 trillion, and do it…
OpenAI is suing Elon Musk over claims he has tried “nonstop” to slow down its business for his own benefit. The company accuses the Tesla boss of using “bad-faith tactics” against OpenAI to help him control cutting-edge AI technology. Mr…
