Bernard Arnault Takes Top Spot As World’s Richest Person
Bernard Arnault, the owner, chairman and CEO of French luxury goods brand LVMH, has now overtaken Elon Musk as the richest man in the world. According to Forbes Magazine, Bernard Arnault has accumulated a net worth of $207.4 billion after shares of his company soared, accounting for a $23.6 billion increase in his net worth….
Elon Skips Gujarat Summit But Tesla Welcome To Invest
Gandhinagar, Gujarat is set to host the 10th annual Vibrant Gujarat Summit from 10 Jan 2024 to 12 Jan 2024. Delicacies from many countries are attending this summit. However, one of the biggest guests and the CEO of Tesla Automotive has confirmed that he will not be attending the summit, a senior government official disclosed….
Elon Musk’s Twitter Deal Under Scrutiny From The SEC
The US Securities and Exchange Commission or SEC has started investigating Elon Musk over his $44 billion Twitter deal, they want the billionaire to testify. The Agency is looking to review Elon Musk’s statements and disclosure for the stock transaction of the Twitter deal. SEC said on Thursday that they arranged a testimony for Musk…
Tesla To Source Automobile Parts Worth $1.9 Billion This Year
On Wednesday, Commerce Minister Piyush Goyal revealed that the Tesla Inc has planned to source automobile parts worth up to $1.9 billion this year from India. Basically, this move of the electric vehicle giant is set to boost the country’s automobile industry and reflects the growing interest of the global industries in India as a…
Elon Musk’s Ambitious ‘X’ Twitter Plan
In a groundbreaking announcement on July 23, 2023, Elon Musk, the CEO of SpaceX and Tesla, revealed plans to overhaul Twitter’s iconic blue bird logo and replace it with an “X” logo. The move is part of his grand vision to create a comprehensive “one-stop shop” app that combines the functionalities of social media and…
Elon Musk’s xAI: Exploring the Universe with AI
Elon Musk, the renowned entrepreneur and CEO of Tesla and Twitter, has unveiled his latest venture, a new AI company called xAI. With an impressive lineup of talented individuals from esteemed organisations such as DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto, xAI aims to delve into the very essence of…
Ukraine Satellite Services Contract Awarded To SpaceX’s Starlink
It was getting expensive to fuel Starlink in Ukraine, an endeavour that was burning more than 20 million dollars per month on average. The CEO, Elon Musk, had clearly stated that he couldn’t continue to fund Starlink if things followed a similar trend. However, Starlink’s operation in Ukraine will not come to a halt because…
Government Approves Elon Musk’s Neuralink Brain Chip
In a paradigm-shifting development, renowned entrepreneur and tech visionary Elon Musk has been granted official approval to proceed with the implementation of a cutting-edge computer chip in human brains. This groundbreaking project, known as Neuralink, aims to revolutionise the field of neuroscience and potentially reshape the future of human-computer interactions. Neuralink, a venture established by…