Another Tesla Shareholder Just Sued Elon Musk Over ‘Unlawful Profits’ Good morning! It’s Wednesday, June 12, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…

Elon Musk has unusual relationships with women at SpaceX, WSJ reports Image: Laura Normand / The VergeElon Musk had a sexual relationship with a former SpaceX intern, who he later hired onto his executive team, according to The Wall Street Journal. He also had a sexual relationship with a second employee. And a third woman alleged that Musk asked her several times to have his children; she refused. He then denied …

Elon Musk drops suit against OpenAI and Sam Altman Elon Musk withdrew his lawsuit against OpenAI, Sam Altman and Greg Brockman on Tuesday in California state court.

Elon Musk drops lawsuit against OpenAI Image: Kristen Radtke / The Verge; Getty ImagesElon Musk has dropped his lawsuit against OpenAI and its CEO, Sam Altman, accusing the company of a breach of contract and allegedly abandoning its mission of creating AI technology to benefit humanity. Musk’s decision to withdraw the lawsuit, filed in a California state court in February, comes jus…

Elon Musk Is Hurting Tesla To Help Twitter and xAI It really seems like Tesla CEO Elon Musk is pushing his automaker’s needs by the wayside in favor of Twitter and his artificial intelligence company, xAI. It also looks as if Musk is going back on his April promise that Tesla will drastically increase the number of Nvidia H100 (the company’s flagship AI chip) it uses… Read more…

Elon Musk And Donald Trump’s Gruesome Twosome Is Just Getting Started Over the past few years, former President and current felon Donald Trump and Tesla CEO Elon Musk have become more and more aligned when it comes to political stances. Now, it’s being reported that Musk may actually take some sort of advisory role should Trump be reelected this November. Read more…

Elon Musk finally agrees to testify in the SEC’s Twitter investigation Illustration by Kristen Radtke / The Verge; Getty ImagesElon Musk has agreed to testify in the Securities and Exchange Commission’s investigation into his $44 billion acquisition of Twitter. A legal document filed on Thursday shows that Musk waived his right to appeal a court order that requires him to testify. This means Musk will have to appea…

Can Elon Musk’s xAI take on OpenAI? It has some advantages. But it is entering a crowded field

Elon Musk’s xAI Raises $6 Billion Mr. Musk, who founded xAI last year, has said the business “still has a lot of catching up to do” as it looks to compete with well-funded companies like OpenAI.

Tesla slashes Full Self-Driving price after Elon Musk said it would only get more expensive The price of Tesla’s Full Self-Driving package is trending downward. | Image: Owen Grove / The VergeThe price for Tesla’s Full Self-Driving (FSD) software package was supposed to get more expensive over time — but instead, it’s getting cheaper. Tesla has discounted the $12,000 feature — that has been marketed as eventually enabling fully autonom…

Elon Musk says in email that Tesla sent ‘incorrectly low’ severance packages to some laid-off employees In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.

Tesla Investors Pissed At Elon Musk For Vague Model 2 Stance Elon Musk is good at two things: having a lot of kids and pissing people off. Now, the Tesla CEOis angering his investors after he sent out an extremely vague social media post following a report from Reuters that the planned $25,000 Tesla is dead. He basically accused the outlet of “lying” on his social media… Read more…

Tesla Calls for New Vote on Elon Musk’s Pay Package The electric vehicle maker will ask shareholders to vote again on a multibillion-dollar compensation package that was voided by a judge in January.

Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo Tesla will lay off more than 10% of its global workforce. Read the memo to employees from CEO Elon Musk.

Tesla, Elon Musk And More Tesla In This Week’s News Roundup Body cam footage released Tuesday of a traffic stop in Chicago gone horrifically wrong is calling into question the official story told by police on the scene. Five plainclothed Chicago police swarmed 26-year-old Dexter Reed’s car on March 21, pumping 96 shots into his vehicle after Reed apparently fired at officers.… Read more…

Elon Musk Claims ‘Limited Understanding’ Of Why He’s Being Sued After His Tweets Forced A Family To Flee Their Home Elon Musk is no stranger to court proceedings, but you wouldn’t know that reading this deposition that was released Monday. Musk was deposed in a lawsuit over the Tesla CEO falsely tweeting that a college kid from a different state was secretly a federal agent sent to disguise himself as a neo-Nazi and start a fight… Read more…

Elon Musk says his posts did more to ‘financially impair’ X than help it Image: Kristen Radtke / The Verge; Getty ImagesElon Musk admitted that his posts on the platform formerly known as Twitter may have financially harmed the company in the long run, in a March 27th deposition made public on Monday by The Huffington Post. The billionaire also admitted to have a “limited understanding” of the lawsuit for which he wa…

Tesla Investors Pissed At Elon Musk For Being A ‘Part Time’ CEO Tesla investors are getting tired of Elon Musk’s antics (just like would-be buyers), and they are not a fan of another record payday for the CEO if he continues to be a “part-time” CEO. Shareholders are soon expected to vote on a new compensation deal for Musk at this year’s annual meeting after a Delaware court… Read more…

Elon Musk and Brazil are beefing over X Image: Kristen Radtke / The Verge; Getty ImagesBrazil has opened an investigation into Elon Musk over a potential obstruction of justice after the X owner said he reactivated accounts on the social media platform Brazil had ordered the platform to block. The inquiry opened by Brazilian Supreme Court Justice Alexandre de Moraes on Sunday follows …

Elon Musk says Tesla will unveil its robotaxi on Aug. 8; shares pop Tesla will reveal its robotaxi product on Aug. 8, CEO Elon Musk said in a social media post on X.