Elon Musk drops surprise take
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Elon Musk’s net worth has already increased by $10 billion this year, even with Tesla stock down. His other assets include SpaceX and xAI.
The decision brings to a close a years-long court battle that irked Musk so much he moved Tesla's incorporation from Delaware to Texas.
Tesla CEO Elon Musk teases the much-awaited Roadster's demo, which he says, would be more focused on performance.
Tesla's pullback from the $500 mark has been swift. The shares have dropped 13% since the intraday peak hit on Dec. 22. Concerns that Elon Musk's robotaxis and humanoid robots may face more competition are cited as a cause of the retreat.
The billionaire has bet Tesla’s future on humanoids, which for now rely on human helpers.
President Donald Trump embraced Musk with both arms after Musk reportedly spent over a quarter of a billion dollars to help him get elected. Musk went from White House outsider to unofficial cabinet member with an office in the West Wing for 130 days, as Politico reported.
Elon Musk has tempered the excitement around Nvidia’s Rubin AI chips unveiled at CES 2026, warning that real-world deployment will take time. While acknowledging Rubin’s technical ambition, Musk suggested it could be months before the hardware and software stack are ready to scale reliably.
President Donald Trump and Elon Musk have seemingly rekindled their relationship after their public fallout last year. In a post shared on X on Jan. 4, Musk wrote, 'Had a lovely dinner last night with @POTUS and @FLOTUS.