Tesla is un-canceling its plan to build a smaller, cheaper EV: report
Tesla is un-canceling its plan to build a smaller, cheaper EV: report It looks like a smaller, cheaper Tesla is back on the menu. Today, Reuters is reporting that the electric automaker is calling around to suppliers about building an all-new – that is, not based on the Model 3 or the Model Y – […]
Intel will help build Elon Musk’s Terafab AI chip factory
Intel will help build Elon Musk's Terafab AI chip factory Elon Musk’s Terafab AI chip project in Austin, Texas, is gaining a crucial new partner: Intel. On Tuesday, the American chipmaker announced it was signing on to help design and build the sprawling facility, which would supply AI chips to Musk’s two companies, SpaceX (newly […]
Elon Musk is about to be a very busy boy!
Elon Musk is about to be a very busy boy! To be honest, I thought Elon Musk would confidentially file for SpaceX’s IPO on the 20th of this month, rather than the 1st. But maybe that just means he’s moved on to other numbers, and we should all mark our calendars for June 7th as […]
SpaceX reportedly files for IPO but it’s keeping the numbers secret (for now)
SpaceX reportedly files for IPO but it's keeping the numbers secret (for now) The world’s first trillionaire? | Image: Cath Virginia / The Verge, Getty Images What’s expected to be the biggest IPO in human history is reportedly underway. SpaceX has filed for an initial public offering with the Securities and Exchange Commission, according to […]
Musk says he’s building Terafab chip plant in Austin, Texas
Musk says he's building Terafab chip plant in Austin, Texas Grok, how do you make chips? | Image: Laura Normand / The Verge Elon Musk announced plans to build a Terafab plant in Austin, Texas, that will be jointly run by Tesla and SpaceX. The goal is to eventually build chips at scale for robotics, […]
Jury finds Elon Musk’s ‘stupid tweets’ caused Twitter investors’ losses
Jury finds Elon Musk's 'stupid tweets' caused Twitter investors' losses A California jury determined that Elon Musk misled Twitter investors before making a $44 billion deal to buy the company in 2022, reports CNBC. The New York Times reports that Musk had testified this month that he didn’t believe his posts would spook markets, but […]
Teens sue Elon Musk’s xAI over Grok’s AI-generated CSAM
Teens sue Elon Musk's xAI over Grok's AI-generated CSAM Three Tennessee teens are suing Elon Musk’s xAI over claims that the company’s Grok AI chatbot generated sexualized images and videos of themselves as minors, as reported earlier by The Washington Post. The proposed class action lawsuit, filed on Monday, accuses Musk and other xAI leaders […]
Why is SpaceX going public?
Why is SpaceX going public? I can’t be the only person befuddled by this IPO. | Image: Laura Normand / The Verge I am excited about the SpaceX IPO for all the reasons investors shouldn’t be. Maybe it’ll be a real marquee moment for Silicon Valley, but I see the potential for a shitshow. After […]
OpenAI defeats xAI’s trade secrets lawsuit
OpenAI defeats xAI's trade secrets lawsuit OpenAI won a victory Tuesday in one of its legal battles with xAI, which involved allegations of poaching and theft of trade secrets. The former company’s motion to dismiss the lawsuit was granted on Tuesday with leave to amend, meaning xAI has the option to refile with modified claims. […]
Georgia says Elon Musk’s America PAC violated election law
Georgia says Elon Musk's America PAC violated election law Of course, it’s the guy who constantly complains about voter fraud who may have committed voter fraud. | Image: The Verge For all his bluster about voter fraud, Elon Musk has been one of the most flagrant flaunters of US election law. Now his America PAC […]