US stock indices moved in different directions on Thursday with the S&P 500 and the Nasdaq rising as investors assessed tech earnings, while the Dow Jones declined on losses in shares of IBM and Honeywell. As of 1:05 PM Eastern Time, the S&P 500 was 0.2% higher, the Dow Jones Industrial Average was down 0.5%,…
Linda Yaccarino has stepped down as CEO of Elon Musk’s social media platform, X, after just over two years in the role. Her departure comes amid growing chaos in Musk’s business empire, where politics, controversy, and high-level exits are becoming a pattern. Yaccarino’s resignation marks the latest in a string of high-profile departures. Fourteen other…
United States President Donald Trump, who had previously threatened to remove his red Tesla from the White House amid a feud with Tesla CEO Elon Musk, has now praised the electric car brand. The development comes a day after Elon Musk stepped back from his criticism of Donald Trump, regretting that some of the posts…
US President Donald Trump on Thursday expressed rare public disappointment in billionaire Elon Musk, signaling a possible rupture in their once-friendly relationship after Musk sharply criticized Trump’s flagship policy bill.“Look, Elon and I had a great relationship. I don’t know if we will anymore. I was surprised,” Trump said in the Oval Office, reacting to…
BYD, China’s leading electric vehicle (EV) maker, saw its market capitalisation surge to almost $162 billion on Tuesday, March 18, after unveiling a new battery and charging system that charges almost as fast as refuelling a conventional car. The surge in BYD’s stock pushed its market capitalisation beyond the combined market value of India’s top…
Staging an India entry with Tesla and Starlink just when his business is struggling with several challenges, Elon Musk may find the promise of the Indian market has dimmed for his business. Long seen as a potential disruptor for India’s electric vehicle (EV) and telecom market, today Musk stares at the India opportunity made complex…
Amid Canadian citizens’ calls to revoke Elon Musk’s citizenship of the country, a report highlighted that Tesla continues to solidify its business there. The report prompted a witty reaction from Paytm founder Vijay Shekhar Sharma, who said that Canada ‘loves’ the Tesla boss. “Canada loves Musk,” Sharma said in a three-word post on X, sharing…
Mar 02, 2025 03:00 PM IST Elon Musk and Shivon Zilis welcoming their fourth child, Seldon Lycurgus, drew attention to Zilis’ Punjabi ancestry. Elon Musk, the CEO of Tesla and SpaceX, has welcomed his 14th child, a son named Seldon Lycurgus, with Neuralink executive Shivon Zilis. This marks their fourth child together, following the births…
Billionaire Elon Musk’s companies have gained a combined $613 billion in value since the US presidential election, according to data compiled by Bloomberg. First electric vehicle maker Tesla Inc. surged, then his space company SpaceX became the world’s most valuable tech startup and artificial intelligence company xAI nearly doubled its valuation. Now, Musk’s social media…
A high level Japanese group which includes former Prime Minister Yoshihide Suga has set up plans for Elon Musk’s Tesla to invest in Nissan, reported Financial Times. The new proposal is being led by former Tesla board member Hiro Izumi and is being supported by former PM along with his former aide Hiroto Izumi. The…
