Author: elonmusk
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Bring a Trailer, the online classic car marketplace, sold a record $1.5 billion worth of cars last year despite a continued slump in classic car prices, according to its CEO. The company held 45,000 auctions in 2024 split between cars, trucks, motorcycles, memorabilia and parts, and had more than 1.3 million bidders. “With the stock market up and money flowing around, we had good…
NEW YORK (AP) — A federal judge is likely to quickly decide whether to grant Justice Department demands that Elon Musk’s Department of Government Efficiency be allowed to immediately resume accessing Treasury Department records containing personal data for millions of Americans.Judge Jeannette A. Vargas had ordered lawyers to meet and confer over any changes needed to an order issued early Saturday by another Manhattan judge that banned Musk’s team from accessing the records and to file written arguments if an agreement was not reached. If unchanged, the order will remain in effect until a Friday hearing.Lawyers resumed filing their arguments…
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Tesla already operates one of the most expansive and reliable electric vehicle charging networks in the industry. But in true Tesla fashion, the company’s Director of Charging for North America recently noted that the EV maker is not done. Tesla is not just rolling out more powerful Superchargers. It is also rolling them out at extremely low costs. Tesla Supercharger costs: Recent comments from Tesla Director of Charging for North America Max de Zegher have confirmed that the company only spends just about $40k-$45k to install one Supercharger stall today.The Tesla executive’s comments came as a response to news about…
U.S. military officials are scrambling to upgrade decades-old systems that track objects in space — a critical capability they say is falling dangerously behind modern threats — as thousands of new satellites crowd Earth’s orbit and rival powers demonstrate increasingly sophisticated space capabilities.Military leaders and industry experts warn that this Cold War-era tracking infrastructure and manual processes are ill-equipped to handle today’s complex space environment, where adversaries’ satellites can perform unpredictable maneuvers and new commercial launches happen almost daily.At Vandenberg Space Force Base in California, military space trackers perform the crucial but labor-intensive task of maintaining the space catalog that…
Este artículo también está disponible en español. Popular Solana-based meme coin BONK has just flashed a major buy signal following a dramatic 40% price crash over the past week. The TD Sequential indicator, a technical tool for identifying trend exhaustion and price reversals, suggests that the meme coin may be gearing up for a strong rebound to new highs. This could be a prime entry for investors amid the current market downturn. New Buy Signal Sparks Rebound Hopes For BONK According to a new report shared by Ali Martinez, a prominent crypto analyst on X (formerly Twitter), the TD Sequential…
ScorePlay video clipping toolScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday.The sports storytelling platform’s investors include 20VC venture capital fund founder Harry Stebbings, Reddit co-founder Alexis Ohanian’s Seven Seven Six VC firm, NBA star Giannis Antetokounmpo, former Formula 1 champion Nico Rosberg, and soccer star and former captain of the U.S. women’s national team Alex Morgan.ScorePlay’s technology is used by more than 200 sports organizations around the world and helps teams streamline their highlights and clips using AI. The company’s clients include NBA and NHL franchises and leagues…
WASHINGTON (AP) — Elon Musk has long railed against the U.S. government, saying a crushing number of federal investigations and safety programs have stymied Tesla, his electric car company, and its efforts to create fleets of robotaxis and other self-driving automobiles.Now, Musk’s close relationship with President Donald Trump means many of those federal headaches could vanish within weeks or months.On the potential chopping block: crash investigations into Tesla’s partially automated vehicles; a Justice Department criminal probe examining whether Musk and Tesla have overstated their cars’ self-driving capabilities; and a government mandate to report crash data on vehicles using technology like…
What is the national debt? Economist Peter Morici breaks down what the national debt is, why it ballooned to more than $36 trillion and what it means for Americans. NEWYou can now listen to Fox News articles! PARKERSBURG, W.V – This darling little town of 30,000 holds an astounding $36 trillion dollars of debt, but it’s not the people’s fault. Allow me to explain. Back in 1957, the Bureau of the National Debt was placed in this remote Appalachian city in case of national emergency, which presumably meant nuclear war. So, while New York, Chicago ,and DC were mushroom clouded, the…
OpenAI is reportedly planning to manufacture its first custom artificial intelligence (AI) chipset this year. As per the report, the San Francisco-based AI firm has begun the design process internally and is on track to complete the design of the processor in the next few months. The company’s main reason to fabricate custom AI chipsets is said to reduce reliance on Nvidia and to strengthen its negotiation with other chip suppliers. Notably, a recent trademark filing by OpenAI revealed that the company is planning to manufacture a wide range of hardware, including chipsets.OpenAI’s ChipsetAccording to a Reuters report, OpenAI is…