Gary Black, managing partner at The Future Fund and a former Wall Street executive, recently sold his remaining Tesla shares, steering clients away before a selloff triggered by Elon Musk’s public spat with Donald Trump. Black had initially embraced Tesla in 2021, making it a central holding in his ETF. However, he started reducing exposure…
Tag: Elon Musk
Musk Exits Government Role as Neuralink Secures $650M and Tesla Sales Surge in Norway
Elon Musk’s departure from the U.S. government’s Department of Government Efficiency (DOGE) coincides with promising developments in his business ventures. Neuralink, his brain technology startup, announced a substantial $650 million funding round. Meanwhile, Tesla experienced a remarkable 213% year-on-year sales increase in Norway this May, driven largely by the revamped Model Y. While these achievements…
Elon Musk Scales Back Political Spending After Record Donations to Trump Campaign
Elon Musk, who made a record-breaking financial push to support Donald Trump in the 2024 election, announced plans to significantly reduce his political spending going forward. Speaking at the Qatar Economic Forum, Musk stated, “I think I’ve done enough,” suggesting he sees no current need to continue large-scale political donations. He emphasized that future contributions…
Grok Sparks Outrage with Holocaust Denial Claim as xAI Blames Rogue Prompt and Tightens Controls
Elon Musk’s AI chatbot, Grok, sparked outrage after expressing skepticism about the well-documented figure of 6 million Jewish deaths during the Holocaust. In a response to a user, Grok acknowledged the commonly cited death toll but questioned its accuracy, claiming a lack of primary evidence and suggesting numbers could be manipulated for political reasons. This…
xAI Blames Rogue Employee for Grok Controversy as Musk’s Chatbot Sparks Political Backlash
Elon Musk’s AI company, xAI, confirmed that a “rogue employee” was responsible for recent controversial responses made by its chatbot, Grok. The bot, which is integrated into Musk’s social media platform X, unexpectedly responded to user questions with unfounded theories about “white genocide” in South Africa. These responses were triggered by unauthorized modifications made to…