The Trump administration has proposed a rule that would remove independent oversight for federal employees facing layoffs, shifting review authority to the Office of Personnel Management (OPM). This move has been met with criticism from federal employee unions and advocacy groups.
Elon Musk Loses More Top Executives at Tesla and xAI Amid Ongoing Exodus
The exodus of high-ranking leaders from Elon Musk’s companies has reached a new level, with two key executives announcing their resignations within 48 hours of each other. This development marks the latest in a series of departures, highlighting the challenges faced by Musk’s corporate empire.
Tesla's Place in the Automotive Market: A Competitive Analysis
In today’s rapidly changing and highly competitive business world, it is essential for investors and industry observers to carefully assess companies before making investment choices. This article will undertake a comprehensive industry comparison, evaluating Tesla vis-à-vis its key competitors in the Automobiles industry.
Cathie Wood's ARK Fund Puts 17.5% Stake in SpaceX-xAI Merger, Backing Musk's Vision
Cathie Wood’s flagship venture fund, ARK Venture Fund, has made a significant investment in the merger between Elon Musk’s aerospace giant, SpaceX, and his artificial intelligence startup, xAI. This merger has created a $1.25 trillion entity, solidifying SpaceX as the fund’s largest single position.
Tesla Vice President Raj Jegannathan Exits After 13-Year Tenure, Reflects on Time at TSLA as 'Continuous Evolution'
Tesla’s Vice President of IT and AI Infrastructure, Raj Jegannathan, has left the company after a 13-year tenure. Jegannathan announced his departure on LinkedIn, describing his time at Tesla as “continuous evolution.” He expressed gratitude towards the company for the opportunity to be a part of building, designing, and operating one of the world’s largest AI clusters.
Mark Cuban Predicts Rise of Trade Secrets in AI Era
Billionaire investor Mark Cuban believes that companies will increasingly rely on trade secrets rather than patents as artificial intelligence transforms the economics of intellectual property.
Tesla's Position in the Auto Market: A Competitive Performance Analysis
In today’s rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. This article will undertake an in-depth industry comparison, assessing Tesla alongside its primary competitors in the Automobiles industry. By examining crucial financial indicators, market positioning, and growth potential, we aim to provide valuable insights to investors and shed light on the company’s performance within the industry.
Elon Musk Expects NASA to Contribute Just 5% to SpaceX's Revenue by 2026
SpaceX CEO Elon Musk has revealed that NASA will account for only 5% of the company’s revenue in 2026. Instead, the Starlink satellite internet service is expected to be a major income stream. Musk shared this information in a response to a post on the social media platform X, where he stated that while he loves NASA, it will not be a significant source of SpaceX’s income.
Elon Musk Bolsters GOP Ahead of 2026 Midterms with Significant Donations
Billionaire Elon Musk is once again throwing his financial weight behind Republicans, reversing an earlier pullback ahead of the 2026 midterm elections.
Tesla Considers FSD Service in Trade-In Value for Model S, X, and Cybertruck Luxe Trims
Tesla Inc. is set to take into account whether a vehicle is running the company’s Full Self-Driving (FSD) service when estimating its trade-in value. This new policy will apply to all Model S and X vehicles, as well as the Cyberbeast trim of the Cybertruck, with the Luxe Package being the main criterion for the offer.