Tech stocks slump after AI execs call for industry slowdown
The tech-heavy Nasdaq slumped 147 points on Monday after AI company executives called for a slowdown in developing the technology.
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The tech-heavy Nasdaq slumped 147 points on Monday after AI company executives called for a slowdown in developing the technology.
SpaceX's stock closed the day at $160.95 after making its debut on the Nasdaq exchange.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The trial comes at a pivotal moment for AI, a technology poised to bring advancement that could also drastically reshape humanity.
In a post on X Saturday, Musk offered to pay the salaries of TSA workers during the DHS shutdown.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
As the European Union announces an investigation, the Grok chatbot tells CBS News, "Yes, tools like me should face meaningful regulation."
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
Time magazine named "the architects of AI" its 2025 Person of the Year on Thursday, calling out tech industry leaders behind the rise in artificial intelligence.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
Over the weekend, Elon Musk's X unveiled a feature that lets users see where an account is based — and it led to some surprises.
The vote comes after a top shareholder, Norway's sovereign wealth fund, said it would vote against the pay package.
Tesla is asking shareholders to approve a pay package that would award 423 million shares to CEO Elon Musk if he hits certain milestones.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
A CBS News review of three of DOGE's largest cuts claimed so far found actual savings of 3% of what was claimed.
It was the fourth private astronaut mission funded by Houston-based Axiom Space and the second commanded by veteran astronaut Peggy Whitson.
President Trump and Rosie O'Donnell have criticized each other publicly for years, an often bitter back-and-forth that predates Mr. Trump's involvement in politics.
Musk's xAI released an updated version of Grok a day after the chatbot made antisemitic posts on X.
The antisemitic posts from Grok came days after Elon Musk wrote on X that the chatbot had been improved "significantly."
Tesla stock price fell Monday after Musk said he's formed the America Party, the latest development in the billionaire's feud with President Trump.
