OpenAI is reportedly exploring the introduction of special voting rights for its non-profit board to maintain control as it faces an unsolicited takeover attempt from Elon Musk, according to the Financial Times.
Nissan Motor Co. shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans for Elon Musk’s Tesla Inc. to invest in the struggling carmaker.
Nissan Motor Co. shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc. to aid the struggling carmaker.
OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors, as the ChatGPT-maker fends off an unsolicited takeover bid from Elon Musk, Financial Times reported on Tuesday.
You know, the people elected me on that,” Trump told the Financial Times in a Sunday interview, praising Musk as “terrific” and a “great help” in scrutinizing federal spending. The push to examine Defense Department spending has raised conflict-of-interest concerns,
Over the years, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, often at critical moments, a Washington Post
Ross Gerber, a longtime Tesla shareholder, outlined to BI four reasons he thinks the stock is vulnerable to a 50% pullback this year.
Musk’s declared aim is to slash US deficits by rooting out waste, fraud and abuse. His model is the 80 per cent of Twitter’s staff that he fired after buying the site — starting with its trust and safety group.
Some civil servants are using whatever levers they have to resist the orders of the world’s richest man, both in public and behind closed doors.
Elon Musk has praised a new Hungarian policy granting a tax exemption for mothers who have two or three children. The billionaire, who has often spoken out about the world's declining birth rates, said this was a "great policy" in a post on X.
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.