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elon musk

elon musk

Fidelity cuts X valuation amid Musk turmoil

Welcome to The Hill’s Technology newsletter {beacon} Technology Technology The Big Story Fidelity cuts X valuation amid Musk turmoil Fidelity has marked down the value of its shares in X Holdings Corp., the parent company of the platform formerly known as Twitter, by 71.5 percent since Elon Musk’s purchase of the company. Ā© Pavlo…

Elon Musk and these other 9 bosses had a terrible, horrible, no good, very bad 2023

For some top executives, 2023 is a year they would rather forget. Some of their companies lost billions of dollars. Some have lost their jobs. And others badly damaged their reputations and face even more trouble ahead in 2024.

The Dumbest AI Moments of 2023

AIā€™s effect on our world will be dramatic, but nothing will ever be as dramatic as the collective freak-out we all had about the emerging technology in 2023. With billions of dollars on the table and the promise that AI will transform every corner of modern life, everyone from businesses, to regulators, to regularā€¦Read more…

Cybertruck Manufacturing Is a Disaster, Tesla Insiders Say

Production Hell It’s looking increasingly likely that Tesla will face some serious trouble with the production of its recently announced Cybertruck ā€” and we’re not talking about the pickup’s highly unusual bulletproof stainless steel exoskeleton or massive glass panels. As Tesla insiders told Reuters, the EV maker’s main bottleneck when it comes to building the [ā€¦]