Tesla, Samsung and Elon Musk
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The throwback drive-in, conceived years ago when the world's richest man was still a Los Angeles hometown hero, bows in a radically different era.
Musk and those original executives have had their tussles over the years. In fact, tensions between Musk and Eberhard led to a 2009 lawsuit and settlement. That settlement found that Musk could call himself a co-founder of the company, alongside Eberhard, Tarpenning, JB Straubel, and Ian Wright.
When Elon Musk’s highly anticipated Tesla Diner opened its doors in Los Angeles on July 21, it garnered significant media attention, with customers lining up for hours to try chef Eric Greenspan’s pie shakes and classic burgers served in Cybertruck-shaped boxes. This past weekend, however, the lines looked a little different.
Grok, the AI chatbot by Elon Musk’s company xAI, rolled out in Tesla vehicles earlier this month alongside a recent software update. Adapted to be controlled with your voice, GrokAI can’t currently control any vehicle functions.
Elon Musk says Tesla could hit a $20 trillion valuation with “extreme execution.” But with earnings slipping and Bitcoin holdings limited, is that even realistic? Here's the math behind the moonshot.
"It's just a Model Y. Let the cat out of the bag there," Musk said when asked about Tesla's budget-friendly EV in an earnings call.
Elon Musk's net worth recently broke $400 billion, although it dropped back down to $364 billion as of this writing in mid-July, according to the Bloomberg Billionaire Index. Much of this wealth
Nelson downgraded the company’s stock to a neutral rating in April. But even some of the Tesla bulls on Wall Street are saying that the time for Musk to take action is running out.