Private flights into space, the Italian government prepares the ‘Musk law’
Private flights into space: A bill to regulate private space expeditions is ready to be presented to the Council of Ministers. The measure, nicknamed the 'Musk law' in homage to private space sector pioneer Elon Musk, drafted by the Ministry
Tesla, opponents of Musk’s pay clash over resolving compensation lawsuit
By Tom Hals WILMINGTON, Delaware (Reuters) - Tesla and opponents of Elon Musk's compensation clashed on Friday over ways to resolve the legal quagmire that has engulfed the CEO's $56 billion pay package and billions of dollars in potential legal fees
Tesla sues ex-supplier Matthews over EV battery trade secrets
By Blake Brittain (Reuters) - Tesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla's battery-manufacturing process and sharing them with the electric-vehicle giant's competitors. The lawsuit, filed on Friday in U.S.
Elon Musk withdraws lawsuit against OpenAI
By Mike Scarcella (Reuters) - Billionaire entrepreneur Elon Musk on Tuesday moved to dismiss his lawsuit accusing ChatGPT maker OpenAI and its CEO Sam Altman of abandoning the startup's original mission of developing artificial intelligence for the benefit of humanity and
Tesla shareholder sues Musk for alleged $7.5 billion insider trading
By Abhirup Roy (Reuters) - A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold
Elon Musk could become policy adviser if Trump wins election
By Tim Reid, Manas Mishra and Stephanie Kelly WASHINGTON (Reuters) - Donald Trump is considering tapping billionaire Elon Musk as a policy adviser if the Republican presidential candidate reclaims the White House in November's election, the Wall Street Journal reported on
Musk’s Starlink back up after brief outage
By Gnaneshwar Rajan (Reuters) - Elon Musk's Starlink, the satellite unit of SpaceX, is back up after an outage that affected thousands of users, the company said on Tuesday. "The network issue has been fully resolved," Starlink said in a post on
Elon Musk plans xAI supercomputer
By Mrinmay Dey (Reuters) - U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a supercomputer to power the next version of its AI chatbot Grok, The Information reported on Saturday citing a
Zimbabwe approves licensing of Musk’s Starlink internet service
By Nyasha Chingono HARARE (Reuters) - Zimbabwe's telecom regulator has approved the licensing of Elon Musk's Starlink, allowing the satellite unit of SpaceX to operate in the southern African country, President Emmerson Mnangagwa said on Saturday. The decision "is expected to result