Elon Musk news and trends

X CEO Cuts Top Exec Amid Pressure to Boost Revenue
Personnel // June 23, 2024

X CEO Linda Yaccarino has reportedly reshuffled her inner circle amid pressure to reduce costs. As the Financial Times (FT) reported Sunday (June 23), three sources say that Yaccarino fired head of business operations and communications Joe Benarroch — described as her right-hand man —...

X Aims to Boost Bottom Line With Payments as Revenues Plunge
Social Commerce // June 18, 2024

X is reportedly preparing for a multiyear campaign to launch its payments business. But when that happens, Bloomberg Businessweek reported Tuesday (June 18), the Elon Musk-owned social media app sees payments as a way to bolster its business via “increased participation and engagement” on its platform. The...

Elon Musk Drops Lawsuit Against OpenAI One Day Before Hearing
artificial intelligence // June 11, 2024

Elon Musk reportedly dropped his lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman, on Tuesday (June 11). Musk made this move one day before the case was to go before a judge who would consider the defendants’ request that it...

X Marks the Spot: Musk to Ban Apple Devices Over OpenAI Integration
artificial intelligence // June 10, 2024

Elon Musk said Monday (June 10) that Apple devices will be banned at his companies if they integrate OpenAI at the operating system (OS) level. Musk, who runs Tesla, SpaceX, X and other companies, said this after Apple announced Monday that it has partnered with...

Interviews & Exclusives
Musk’s xAI Plans Spotlight Tesla’s Autonomy Challenges

June 05, 2024
For as long as cars have existed, entrepreneurs have chased the dream of autonomous vehicles. Self-driving vehicles, across commercial, personal and industrial use, have the potential to transform — and connect — nearly all facets of commerce and the digital economy. But with news reported Tuesday (June 4) by CNBC that Elon Musk is diverting […]

What If: Elon Musk’s X Becomes the Next Super App?

August 03, 2023
Super apps like Alibaba’s Alipay and Tencent’s WeChat have become super successful in Asia. Their market dominance in turn has made Western entrepreneurs “super” interested in building their own, perhaps...

What Happens When a Tech Company Builds Cars? Ask Tesla About Dojo

July 20, 2023
Tesla is famously not just a car company — it’s a software company.  And a key, promised part of that software vision is the realization of autonomous, fully self-driving (FSD)...

Musk’s Plans to Forge a Financial Ecosystem May Face Harsh Realities  

April 03, 2023
It’s one thing to envision building a financial ecosystem: A digital front door where users lock into a continuum of banking, payments, app-driven activities that flow naturally across hardware, software...

Quick Reads
X Growth Reportedly Slows Since Musk Takeover

July 09, 2024
User growth at X has reportedly slowed since Elon Musk’s takeover in 2022. As the Financial Times (FT) reported Tuesday (July 9), the social media platform once known as Twitter is dealing with new competition from Meta-owned Threads, while Musk’s presence continues to be divisive. The report cites “previously unreleased” figures from X showing its […]

X CEO Cuts Top Exec Amid Pressure to Boost Revenue

June 23, 2024
X CEO Linda Yaccarino has reportedly reshuffled her inner circle amid pressure to reduce costs. As the Financial Times (FT) reported Sunday (June 23), three sources say that Yaccarino fired...

X Aims to Boost Bottom Line With Payments as Revenues Plunge

June 18, 2024
X is reportedly preparing for a multiyear campaign to launch its payments business. But when that happens, Bloomberg Businessweek reported Tuesday (June 18), the Elon Musk-owned social media app sees payments...

Elon Musk Drops Lawsuit Against OpenAI One Day Before Hearing

June 11, 2024
Elon Musk reportedly dropped his lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman, on Tuesday (June 11). Musk made this move one day before the...