Elon Musk
US stock markets fell sharply, pushing the S&P 500, Nasdaq, and Dow Jones indices to two-week lows. This occurred due to a sell-off in technology companies and concerns about the economic stability of the United States.
Tesla shareholders are to decide Elon Musk's fate by approving a compensation package worth up to $878 billion. The board of directors considers him indispensable for transforming the company into an artificial intelligence technology giant.
Norway's sovereign wealth fund voted against a new compensation package for Elon Musk worth over $1 trillion. This is the first major institutional investor to publicly disclose its decision, causing Tesla shares to fall by almost 3%.
Tesla sales are declining in Europe and the US, despite Elon Musk's attempts to secure the largest corporate payout in history. Europe saw a significant drop in registrations in October, while growth in the US is linked to the expiration of tax credits.
Las Vegas Police have started using Tesla Cybertrucks, each costing up to $115,000. The fleet of ten armored vehicles was made possible by a $2.7 million donation from the co-founder of venture capital firm Andreessen Horowitz and his wife.
Nvidia has reached a market value of over $5 trillion, a result of the artificial intelligence boom. Its shares have grown 12-fold since 2022, and its H100 and Blackwell chips have become the foundation for the largest language models.
Tesla is looking for a battery manufacturing process engineer for the Roadster, indicating that preparations for mass production are beginning. Production of the new Roadster is not expected to begin before 2027.
Myanmar's military government has detained over 10,000 foreign nationals for illegal entry and involvement in online fraud, repatriating most of them. This comes amid international pressure and accusations between the junta and ethnic groups.
Elon Musk's political activism and his support for Donald Trump have led to significant losses for Tesla. A Yale University study showed that the company missed out on over a million sales since October 2022.
Elon Musk unveiled the Grokipedia project, which, according to him, in version 0. 1 already surpasses Wikipedia. The platform, developed by xAI, has over 800,000 articles created by artificial intelligence.
After long disputes and strained relations, Elon Musk and Donald Trump have started communicating again, the American president said.
Tesla Chair Robyn Denholm warned that Elon Musk might leave the company if his $1 trillion compensation package is not approved. This plan is intended to keep Musk as Tesla's CEO for at least another seven and a half years.
Tesla's sales fell by 13% in the first half of 2025, with the company losing ground in the US, Europe, and China. This is due to increased competition, an outdated model lineup, and reduced government subsidies.
SpaceX has blocked over 2,500 Starlink terminals used by cybercriminal groups in Myanmar. Fraudulent networks continue to thrive in the country despite strict measures.
European aerospace firms Airbus, Thales, and Leonardo have completed the first phase of establishing a new technology concern in the satellite business. The enterprise will begin operations in 2027, employ 25,000 people, and have a revenue of 6.5 billion euros.
Tesla recorded record revenue in the third quarter of 2025, reaching $28. 1 billion, surpassing Wall Street forecasts. The company delivered 497,099 vehicles, but earnings per share were lower than analysts' expectations.
Tesla shareholders will vote on November 6 on an unprecedented $1 trillion compensation package for Elon Musk. Consulting firm ISS advises rejecting the plan, citing "serious concerns about its scale and structure."
The social network X is testing a new feature on iOS that will allow users to see interaction buttons after clicking on a link. This is expected to increase user engagement and aligns with Elon Musk's vision of X as an "everything app."
Kirill Dmitriev approached Elon Musk with a proposal to build a tunnel across the Bering Strait. The project, costing less than 8 billion US dollars and with a implementation period of less than 8 years, could become a symbol of cooperation.
SpaceX successfully launched its 11th Starship rocket from Texas, which landed in the Indian Ocean. This is the last flight before the test launch of a new version of the rocket, designed for missions to the Moon and Mars.
Hundreds of Tesla Cybertrucks have been spotted being delivered to Elon Musk's private companies, SpaceX and xAI, as Tesla faces challenges selling the electric pickup truck. The Cybertruck has proven to be Tesla's first true commercial failure, with sales of 20,000 units per year against a production capacity of 250,000.
Bookmaker Polymarket estimated Donald Trump's chances for the Nobel Peace Prize at 3%, while Star Sports gives 25%. Elon Musk also has low chances of receiving the award.
Tesla has introduced new, more affordable versions of the Model 3 Standard at $36,990 and the Model Y Standard at $39,990 in the US, which is $5,500 and $5,000 less than previous prices, respectively. The discounts turned out to be smaller than analysts expected and do not compensate for the loss of tax benefits of $7,500.
Tesla has announced a mysterious new product presentation scheduled for Tuesday, October 7. The teaser shows a rotating wheel or fan, sparking speculation about a new Model Y, an HVAC system, or even the next-generation Roadster.
Two San Francisco families have filed a lawsuit against Tesla, alleging that faulty Cybertruck door handles trapped three students in a burning car after an accident. This led to their deaths from smoke and burns.
In the third quarter of 2025, Tesla delivered 497,099 vehicles, exceeding analysts' expectations. This is a 7.4% increase compared to the same period in 2024, after a drop in deliveries in the first two quarters of 2025.
Elon Musk, the founder of Tesla and SpaceX, has become the first person in the world whose net worth has reached $500 billion. His fortune stands at $499.1 billion as of October 1, 2025, surpassing Larry Ellison by $150 billion.
Elon Musk announced the development of Grokipedia by xAI, which will be an alternative to Wikipedia. The billionaire criticizes Wikipedia for political bias, stating that the new project will help xAI "understand the Universe."
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.