More news on this subject
Profile picture of The Guardian
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and ...
Profile picture of Wirtschaftswoche
Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!: Tesla is facing a huge wave of redundancies. This is bad news for the employees ...
wiwo.de/unternehmen/auto/stellenabbau-bei-tesla-musks-abschied-von-wolkenkuckucksheim/29757498.html
Tesla: job cuts at e-car company - Welcome to reality, Elon Musk!
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
  • Tesla is planning a major layoff to prepare for the future.

  • Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.

  • Tesla experiences a decline in revenue margin compared to other automakers.

  • The success of Tesla's future depends on the implementation of autonomous driving technology.
Profile picture of Insider (news website)
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Why Tesla wants to give Elon Musk $55 billion pay package
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
  • Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.

  • The company asserts that implementing the plan is crucial for Tesla's future growth.

  • Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Profile picture of Axios (website)
Kennedy family to endorse Biden in show of force against RFK Jr.: Biden advisers are worried RFK Jr. could swing the election.
axios.com/2024/04/18/kennedy-family-biden-endorsement-rfk-jr
Kennedy family to endorse Biden in show of force against RFK Jr.
Quick Glance: Biden Receives Kennedy Family Endorsements in Philadelphia
  • President Joe Biden received endorsements from at least 15 members of the Kennedy political family during a campaign stop in Philadelphia to undermine Donald Trump and marginalize the candidacy of independent Robert F. Kennedy Jr.

  • Kerry Kennedy, daughter of former Attorney General Robert F. Kennedy, niece of former President John F. Kennedy, and sister of the current presidential candidate, delivered the endorsements in Philadelphia, calling Biden her hero.

  • The decision to highlight the Kennedy family's support more than six months from Election Day indicates how seriously Biden's team is taking a long shot candidate using his last name's lingering Democratic magic.

  • Biden used the event to keep up the pressure on Trump, emphasizing the importance of the election not for himself, but to keep Trump out, stating the race was significant due to the potential consequences if they lose this election. The Kennedy family endorsements for Biden were hardly a surprise, as prominent members of the Democratic family did not politically align with Kennedy Jr.
Profile picture of Reuters
US Senate dismisses first of two impeachment charges against Mayorkas: The U.S. Senate on Wednesday dismissed the first of two impeachment charges against ...
reut.rs/445F9ky
US Senate dismisses first of two impeachment charges against Mayorkas
Quick Glance: Senate's Decision on Impeachment Charges Against Mayorkas
  • The Senate rejected the impeachment charges against Homeland Security Secretary Alejandro Mayorkas, halting the House Republicans' effort to impeach the Cabinet secretary over his management of the US-Mexico border.

  • With Democrats contending that the articles were unconstitutional, senators voted to dismiss both impeachment charges and conclude the trial.

  • Senate Republicans had called for a full impeachment trial after the House narrowly voted in February to impeach Mayorkas for his border actions.

  • Republicans argued that President Joe Biden was ineffective at the border, while Democrats suggested accepting a bipartisan Senate compromise instead of impeaching Mayorkas to reduce illegal immigrants.
Profile picture of pennlive
Quick Glance: Trump Narrows Gap with Young Voters, Biden's Lead Shrinks - Survey Results
  • A new poll shows that former President Donald Trump continues to reduce his deficit with young voters compared to President Joe Biden.

  • In the Harvard Youth Poll released on Thursday, Biden leads among 18- to 29-year-olds with 45 percent compared to 37 percent for Trump, while 16 percent are undecided.

  • Biden holds a significant lead among likely voters who are non-white or female. He outperforms Trump by 47 points among college graduates and by 23 points among students.

  • The survey also indicates that Trump's younger supporters are much more enthusiastic about the former president than their peers who support Biden, and that Biden's approval rating among young adults is only at 31 percent.
Profile picture of Quartz
Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
qz.com/tesla-musk-meta-facebook-zuckerberg-wealth-stock-1851419657
Mark Zuckerberg has passed Elon Musk as the world's third-richest person ...
Profile picture of The Hill (newspaper)
Most don’t think Trump acted illegally in hush money case: Poll: With former President Trump’s first criminal trial officially underway, most Americans don’t ...
thehill.com/regulation/court-battles/4596627-most-dont-think-trump-acted-illegally-in-hush-money-case-poll/
Most don’t think Trump acted illegally in hush money case: Poll
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
  • A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.

  • The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.

  • Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.

  • The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Profile picture of Entrepreneur
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's ...
Profile picture of The Hill (newspaper)
Trump to make history as first US president to face criminal trial: It’s a day former President Trump hoped would never come.  After a relentless pursuit for ...
thehill.com/regulation/court-battles/4590650-trump-to-make-history-as-first-us-president-to-face-criminal-trial/
Trump to make history as first US president to face criminal trial
Quick Glance: Trump Faces Landmark Trial Over Hush Money Case
  • Donald Trump will go down in history as the first former president to stand trial in Manhattan on criminal charges. The historic case revolves around a potential sex scandal cover-up just days before the 2016 elections.

  • The prosecution alleges that Trump falsified business records to hide hush money payments aimed at influencing the election outcome. Trump maintains his innocence and refutes any involvement with Stormy Daniels.

  • The trial will feature key witnesses from Trump's inner circle testifying against him, including Michael Cohen and David Pecker. It will delve into the Oval Office, where Trump allegedly approved the cover-up.

  • Prosecutors must prove that Trump falsified business records with intent to commit or conceal another crime. Trump's defense is likely to focus on the legality of the hush money payments and attempt to distance him from the accounting handled by his employees.
Profile picture of The Hill (newspaper)
Dems bank on Trump trial boosting Biden: Democrats are hopeful that President Biden’s freedom to hit the campaign trail while former President Trump is stuck in ...
thehill.com/homenews/campaign/4598183-democrats-bank-trump-trial-boosting-biden/
Dems bank on Trump trial boosting Biden
Profile picture of Insider (news website)
Elon Musk confirms he used a secret account on X : Elon Musk said he had used an alternate "test account" on X, with which he at times roleplayed as a toddler.
businessinsider.com/elon-musk-confirms-secret-twitter-account-x-child-2024-4
Elon Musk confirms he used a secret account on X
Profile picture of The Hill (newspaper)
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Few in new poll say Biden law has helped fight climate change
Profile picture of The Hill (newspaper)
Biden calls on trade rep to consider tripling tariffs on Chinese steel: The White House on Wednesday rolled out a slew of actions intended to protect the U.S ...
thehill.com/homenews/administration/4598293-biden-calls-on-trade-rep-to-consider-tripling-tariffs-on-chinese-steel/
Biden calls on trade rep to consider tripling tariffs on Chinese steel
Quick Glance: Biden vows to keep U.S. Steel in American hands
  • President Joe Biden emphasized in a speech in Pittsburgh his commitment to keeping U.S. Steel in American hands and cracking down on unfair Chinese trade practices while lauding his successes in creating jobs and expanding manufacturing in the U.S.

  • The United Steelworkers recently endorsed the president for re-election, and Biden has sided with the union in opposing the sale of U.S. Steel to Japanese company Nippon Steel Corp.

  • The president announced plans to triple the existing tariffs on Chinese steel and aluminum to ensure fair competition for American workers, while speaking out against China's unfair trade practices.

  • Despite a growing economy, perceptions of the economy remain Biden's major weakness, as critics question his policies and opponents highlight ongoing economic challenges.
Profile picture of Reuters
Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
reuters.com/business/autos-transportation/wall-street-wants-answers-musk-teslas-affordable-car-2024-04-17/
Wall Street wants answers from Elon Musk on Tesla's Model 2 car
Profile picture of The Hill (newspaper)
In surprise, Biden faces real threat from Trump with Hispanic voters: When President Biden visited a Mexican restaurant in Phoenix, Ariz., last month ...
thehill.com/homenews/campaign/4597632-in-surprise-biden-faces-real-threat-from-trump-with-hispanic-voters/
In surprise, Biden faces real threat from Trump with Hispanic voters
Profile picture of Euronews
Mike Pence: U.S. will continue to support Ukraine: Former U.S. vice president Mike Pence is confident that U.S. military support for Ukraine is forthcoming ...
euronews.com/2024/04/19/mike-pence-us-will-continue-to-support-ukraine
Mike Pence: U.S. will continue to support Ukraine
Profile picture of The Hill (newspaper)
NC governor says Biden can win state: North Carolina Gov. Roy Cooper (D) said Wednesday he thinks President Biden can win his state in this year’s upcoming ...
trib.al/9QpyWxv
NC governor says Biden can win state
Profile picture of The Hill (newspaper)
Biden seeks to make Trump the face of anti-abortion movement: The Biden campaign is seeking to make former President Trump the face of the anti-abortion movement ...
thehill.com/homenews/campaign/4600427-joe-biden-donald-trump-abortion-roe-v-wade-abortion-ban/
Biden seeks to make Trump the face of anti-abortion movement
Profile picture of The Hill (newspaper)
Only 9 percent of young Americans say US ‘headed in the right direction’: Survey: Only 9 percent of young Americans believe the U.S. is headed in the right ...
thehill.com/homenews/administration/4602246-only-9-percent-of-young-americans-say-us-headed-in-the-right-direction-survey/
Only 9 percent of young Americans say US ‘headed in the right direction’: ...
Profile picture of The Atlantic
Why Biden Should Not Debate Trump: The networks want their show, but to give the challenger equal status on a TV stage would be a dire normalization of his ...
theatlantic.com/ideas/archive/2024/04/joe-biden-donald-trump-presidential-debate/678079/
Why Biden Should Not Debate Trump
Profile picture of Reuters
Musk’s next big payday matters more than his last: Yesterday’s paycheck is a poor guarantee of good work tomorrow. Electric-car maker Tesla is asking investors ...
reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
Musk’s next big payday matters more than his last
Profile picture of The Hill (newspaper)
Biden: ‘It never occurred’ to Trump to take competitive stance on China: President Biden argued that it never occurred to former President Trump to take a ...
trib.al/Mkkwgad
Biden: ‘It never occurred’ to Trump to take competitive stance on China
Profile picture of The Hill (newspaper)
Former British PM Liz Truss says it ‘has to be’ Trump in White House next year: Former British Prime Minister Liz Truss said Monday that it “has to be” former ...
thehill.com/homenews/campaign/4594525-liz-truss-trump-endorsement/
Former British PM Liz Truss says it ‘has to be’ Trump in White House next ...
Profile picture of The Hill (newspaper)
Biden’s message to Arizonans after abortion ruling: ‘Elect me’: President Biden encouraged residents of Arizona to vote for his reelection Wednesday in response ...
thehill.com/homenews/campaign/4585912-biden-message-to-arizonans-after-abortion-ruling/
Biden’s message to Arizonans after abortion ruling: ‘Elect me’
Quick Glance: Arizona Republicans Block Efforts to Repeal 1864 Abortion Ban
  • Democratic bills to repeal a 160-year-old abortion ban were blocked in the Legislature.

  • Arizona's highest court decision upholding a 1864 abortion ban caused chaos and confusion.

  • Democrats aimed to repeal the ban to protect women's health, facing hurdles in the Republican-controlled legislature.

  • The uncertainty loomed over whether Republican leaders would allow immediate action on repealing the ban, despite pressure from Democrats and some Republicans.
Profile picture of New York Magazine
Why Is Elon Musk Dragging His 3-Year-Old Around the World?: Elon Musk has taken to bringing his 3-year-old son X to events around the world ...
nymag.com/intelligencer/article/why-is-elon-musk-dragging-his-3-year-old-around-the-world.html
Why Is Elon Musk Dragging His 3-Year-Old Around the World?
Profile picture of Insider (news website)
Tesla cancels some layoff separation agreements: Some laid off Tesla workers received a notification that their separation agreement had been canceled.
businessinsider.com/tesla-cancels-some-layoff-separation-agreements-2024-4
Tesla cancels some layoff separation agreements
Profile picture of The Hill (newspaper)
Trump blames Biden for Iran strike on Israel: ‘It would not have happened if we were in office’
thehill.com/homenews/campaign/4593091-trump-blames-biden-iran-strike-israel/
Trump blames Biden for Iran strike on Israel: ‘It would not have happened ...
Profile picture of Wccftech
Elon Musk Indicates That X Might Soon Start Charging New Users for Basic Actions Such as Liking, Bookmar…
wccftech.com/elon-musk-indicates-that-x-might-soon-start-charging-new-users-for-basic-actions-such-as-liking-bookmarking-and-replying-to-posts/
Elon Musk Indicates That X Might Soon Start Charging New Users for Basic ...
Profile picture of The Hill (newspaper)
Jesse Ventura claims he could beat Biden, Trump in hypothetical match-up: Former Minnesota Gov. Jesse Ventura (I) said he could beat both President Biden and ...
thehill.com/homenews/campaign/4603958-jesse-ventura-claims-he-could-beat-biden-trump-in-hypothetical-matchup/
Jesse Ventura claims he could beat Biden, Trump in hypothetical match-up
Profile picture of The Hill (newspaper)
More Americans want Biden to encourage Israel to cease military action in Gaza: Poll 
thehill.com/policy/international/4593725-more-americans-want-biden-to-encourage-israel-to-cease-military-action-in-gaza-poll/
More Americans want Biden to encourage Israel to cease military action in ...
Quick Glance: New Measures Against Iran and Escalation in West Bank
  • The United States intends to take further actions against Iran in the coming days to address the attacks on Israel over the weekend, as announced by US officials on Tuesday.

  • To combat the escalation in the Israeli-occupied West Bank, Israeli and Palestinian officials reported the deaths of two Palestinians shot by Israeli settlers on Monday.
Profile picture of NBC News
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Tesla will lay off more than 10% of global workforce: Read the Elon Musk ...
Profile picture of Quartz
Elon Musk won’t stop tweeting. Now Tesla might be paying the price: A "growing number of EV shoppers are increasingly put off by Elon Musk’s behavior and ...
qz.com/tesla-ceo-elon-musk-tweets-ev-q1-sales-1851385048
Elon Musk won’t stop tweeting. Now Tesla might be paying the price
Quick Glance: Elon Musk's Behavior Impacting Tesla's Sales and Reputation
  • A growing number of EV shoppers are increasingly put off by Elon Musk’s behavior and politics.

  • Musk has increasingly focused on controversy and politics, negatively affecting Tesla's reputation and sales.

  • Tesla disclosed disappointing delivery numbers for the first quarter, with Musk's controversial behavior likely leading some consumers to explore alternatives.

  • Musk scored low in trust surveys, with many EV shoppers now seeking alternatives to Tesla to avoid his behavior and politics.
Profile picture of Insider (news website)
Elon Musk apologizes for 'incorrectly low' Tesla severance: report: The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."
businessinsider.com/elon-musk-tesla-apologizes-severance-packagaes-layoffs-2024-4
Elon Musk apologizes for 'incorrectly low' Tesla severance: report
Profile picture of Entrepreneur
Elon Musk Says New X Users Will Soon Have to Pay to Post on the Platform: Elon Musk said X will soon start charging new users who want to post on the platform to ...
entrepreneur.com/business-news/elon-musk-says-new-x-users-will-be-charged-a-fee-to-post/472864
Elon Musk Says New X Users Will Soon Have to Pay to Post on the Platform
Profile picture of The Hill (newspaper)
Cruz: Democrats tossed ‘two centuries of precedent’ by rejecting Mayorkas articles of impeachment
trib.al/Q7PAWBb
Cruz: Democrats tossed ‘two centuries of precedent’ by rejecting Mayorkas ...
Profile picture of Newsweek
Tesla 'Layoffs' Spell Bad News for Elon Musk: Elon Musk has seen his personal fortune slashed by tens of billions of dollars so far this year.
newsweek.com/tesla-layoffs-elon-musk-bad-news-fortune-loss-1890250
Tesla 'Layoffs' Spell Bad News for Elon Musk
Quick Glance: Tesla Layoffs Impact Elon Musk's Fortune
  • Elon Musk has seen his personal fortune plummet by billions of dollars this year.

  • Tesla announced global workforce reductions of 'more than 10%' in an internal email sent by CEO Elon Musk to staff.

  • The reported layoffs come at a challenging time for Musk and Tesla, with quarterly results showing an 8.5% decline in product deliveries compared to the previous year.

  • Tesla shares have dropped over 30% this year, causing Musk to fall to third place on the Bloomberg Billionaires Index.
Profile picture of Insider (news website)
Elon Musk says AI will outsmart humans by 2026: Tech billionaire Elon Musk believes AI will outsmart humans by 2026. But data scarcity and a chip shortage may ...
businessinsider.com/elon-musk-says-ai-will-outsmart-humans-by-2026-2024-4
Elon Musk says AI will outsmart humans by 2026
Quick Glance: Elon Musk predicts AI will surpass human intelligence by 2026
  • Elon Musk anticipates AI to be smarter than an individual human by the end of next year.

  • The Tesla CEO forecasts that the total amount of sentient compute will surpass all humans in five years.

  • Musk speculates that due to the abundance of talent in AI, AI could surpass human intelligence by 2026.

  • Despite highlighting hardware constraints and data scarcity, Musk remains optimistic about AI advancements in the upcoming years.
Profile picture of Bloomberg
Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
bloomberg.com/opinion/articles/2024-04-17/elon-wants-his-money-back
Elon Wants His Money Back