Daniel Ek, Spotify's founder, is stepping down as CEO, transitioning to the role of executive chairman. He will be replaced by co-CEOs Gustav Söderström and Alex Norström, effective January 1.
Dozens of top managers have resigned from Tesla, xAI, and X due to an exhausting work pace, political disagreements with Elon Musk, and mass layoffs. This has led to the cancellation of the affordable electric car program and a reorientation towards robotics and AI.
The names of Elon Musk, Peter Thiel, and Steve Bannon are mentioned in the daily schedules of convicted financier Jeffrey Epstein, published by Democrats on a US House of Representatives committee. The documents do not link any of the men to criminal activity.
Elon Musk's father, Errol Musk, has been accused of sexually abusing five children and stepchildren for decades. Relatives repeatedly sought help from the billionaire, but he did not directly participate in police investigations.
Elon Musk's company Neuralink plans to begin clinical trials in October of a technology that allows translating thoughts into text using brain implants. The US Food and Drug Administration has granted permission for these trials.
Pope Leo XIV stated in an interview that he would not change key doctrine regarding same-sex marriage and women deacons. This hinders reforms and is a step towards traditionalists, unlike his predecessor.
Elon Musk spent about $1 billion to acquire Tesla shares, which led to a nearly 6% rise in the electric car manufacturer's securities. Investors reacted positively to this move, seeing it as Musk's faith in the future of the business.
Elon Musk addressed participants at a rally in London, organized by a far-right activist, calling for a change in the British government. He also spoke out against the "woke virus" and criticized British politics.
Over 100,000 people joined a march in central London organized by far-right activist Tommy Robinson. A counter-protest by anti-racism activists, attended by about 5,000 people, also took place.
US Secretary of Commerce Howard Lutnick said Elon Musk was wrong to focus on laying off people instead of cutting government spending. Lutnick emphasized that DOGE cuts would target spending, not headcount.
Larry Ellison's fortune grew by $101 billion, reaching $393 billion. This allowed him to become the richest person in the world for the first time, surpassing Elon Musk.
Elon Musk is allocating $1 million for the creation of murals depicting Iryna Zarutska, a Ukrainian woman who was killed. This initiative comes from Intercom CEO Eoghan McCabe, who proposed grants for the murals.
American lawmakers have released a 50th-anniversary album for Jeffrey Epstein, containing an alleged letter and drawing signed by Donald Trump. The White House categorically denies the former president's involvement in this document.
Tesla's board of directors has proposed a new $1 trillion compensation plan to Elon Musk, contingent on achieving ambitious goals. This includes significant growth in market capitalization, sales of millions of cars, and the development of new technologies.
Billionaire Elon Musk received an invitation to a summit of technology leaders at the White House, but does not plan to attend. His representative will be present at the event, where other well-known tech giants are expected.
Tesla's Robotaxi app is now available to all iPhone users. The company is expanding services beyond Austin, Texas.
BMW introduces the new iX3 electric crossover on the Neue Klasse platform, featuring "super brains" and software. This is an ambitious attempt to challenge Chinese competitors and Tesla.
Elon Musk stated that Optimus robots will account for up to 80% of Tesla's value, despite a decline in electric car sales. Deliveries of robots to other companies may begin in the second half of 2026.
Tesla has received only about 600 orders in India since sales launched. This is significantly less than the company expected, raising doubts about its global growth prospects.
An opinion column by financial expert Olena Sosedka.
Elon Musk's xAI startup has launched the grok-code-fast-1 model for autonomous programming task execution. This tool is positioned as fast and economical for common coding tasks.
OpenAI scans user conversations in ChatGPT and plans to transfer data about particularly dangerous content to the police. This applies to the promotion of suicide, weapon development, causing harm, and other illegal activities.
The tenth test flight of SpaceX's Starship rocket was successful, deploying satellites and splashing down in the Indian Ocean. The Super Heavy booster successfully landed in the Gulf of Mexico.
Elon Musk's startup xAI has filed a lawsuit in a US court against Apple and OpenAI. The accusations concern an illegal conspiracy to impede competition in the field of artificial intelligence.
The tenth test flight of the Starship rocket, scheduled for August 26, has been postponed due to a liquid oxygen leak and weather conditions. SpaceX engineers have made changes to the design to improve reliability.
The Grok chatbot from xAI made hundreds of thousands of private user dialogues public, searchable via Google. Among the leaks were intimate medical questions, instructions for making explosives, and plans to assassinate Musk.
Elon Musk denied The Wall Street Journal's information about suspending plans to create his own party and supporting J. D. Vance. The billionaire stated that "nothing the WSJ says should be considered true."
Elon Musk abandons the idea of creating his own political party, focusing instead on supporting Vice President J. D. Vance. The billionaire may financially support Vance in the 2028 presidential election.
SpaceX is preparing for the tenth test flight of Starship on August 24 from the Starbase site. This launch is a key stage in preparing the spacecraft for NASA's lunar missions.
The largest Martian meteorite, sold at Sotheby's auction for $5. 3 million, caused controversy regarding the legality of its export. The Government of Niger has launched an investigation and suspended the export of similar meteorites.
