Musk news

The Tesla CEO said factories in the United States and Germany are "losing billions of dollars" from supply-chain disruptions.

Musk on Tuesday called it “a small lawsuit of minor consequence.” He said the tools required to manufacture cars using 2170 battery cells were “stuck in port in China, with no one to actually move it,” while the Tesla factory in Shanghai was subject to periodic shutdowns due to local covid-19 restrictions. But those factories are producing a “puny” number of vehicles due to shortages of batteries and global supply-chain bottlenecks, with crucial parts stuck in ports in China, Musk said.

Tesla CEO Elon Musk says that the company's new Germany and United States factories are " gigantic money furnaces" which are "losing billions of dollars" ...

Talking to Tesla Owners of Silicon Valley, Musk said that "both Berlin and Austin factories are gigantic money furnaces right now. Tesla CEO Elon Musk says that the company's new Germany and United States factories are " gigantic money furnaces" which are "losing billions of dollars" due to battery shortages and China's supply disruptions. He further added that the plants are "losing billions of dollars right now.

'It's really like a giant roaring sound, which is the sound of money on fire,' Mr Musk said.

I would put that lawsuit you’re referring to in the trivial category." Employees in the first shift are reportedly sleeping on the floor of the factory. The employees are seeking class action status for all former Tesla staff. Workers are quarantined for between two to three days to meet government requirements before they can interact with external employees. "Both Berlin and Austin factories are gigantic money furnaces right now. Tesla calls its production hubs ‘Gigafactories’, but the massive manufacturing sites have had difficulty increasing production.

The impact of supply chain problems in China on Tesla's new battery factories in the US and Germany mean they are losing billions of dollars, according to ...

His $44bn bid for Twitter is caught in delays relating to the number of active users on the social networking site. Tesla warned this week warned of plans to lay off 3.5% of its global workforce after Musk said separately he had a “super bad feeling” about the economy. The entrepreneur blamed Covid-related shutdowns in China, pointing in particular to the cargo hub of Shanghai, which he said was “very, very difficult” for Tesla, limiting production at the so-called gigafactories with components stranded in port.

Elon Musk, Peter Thiel and Reid Hoffman were all part of the 'PayPal Mafia', which collectively has gone on to found firms like Yelp, Yammer, Youtube.

"PayPal merged with X.com, and X.com had a lot of former financial industry people. This was partly due to the fact that the company hired for capability and ability, rather than for specific skills, he added. Portnoy appeared on the podcast to discuss his memoir, 'Silicon Valley Porn Star,' which details his early career in Silicon Valley as well as his descent into and recovery from a porn addiction.

The impact of supply chain problems in China on Tesla's new battery factories in the US and Germany mean they are losing billions of dollars, according to ...

His $44bn bid for Twitter is caught in delays relating to the number of active users on the social networking site. Tesla warned this week warned of plans to lay off 3.5% of its global workforce after Musk said separately he had a “super bad feeling” about the economy. The entrepreneur blamed Covid-related shutdowns in China, pointing in particular to the cargo hub of Shanghai, which he said was “very, very difficult” for Tesla, limiting production at the so-called gigafactories with components stranded in port.

A Los Angeles County Superior Court judge also granted Musk's 18-year-old transgender daughter the wish to legally change her gender.

“This, and the vast economic imbalance between us, meant that in the months following our wedding, a certain dynamic began to take hold,” she wrote. “Elon’s judgment overruled mine, and he was constantly remarking on the ways he found me lacking. In response to criticism to that tweet, Musk wrote on Twitter: “I absolutely support trans, but all these pronouns are an esthetic nightmare.” Musk first came under fire for his views on pronouns in July 2020, when he tweeted that “pronouns suck.” His partner at the time, the singer Grimes, was outraged, saying, “I cannot support hate. However, Musk has also said on Twitter that he is leaning toward supporting Florida Gov. Ron DeSantis in the 2024 presidential election. The daughter is one of five children Musk had with his first wife, novelist Justine Wilson, during their tumultuous, eight-year marriage.

Tesla is having trouble manufacturing its cars due to supply chain issues, the billionaire said, leading to huge losses.

Musk cited the Covid shutdowns in China—which affected Tesla’s Shanghai “Gigafactory”—as a major source of this financial hemorrhaging. Between jabs at journalism and the Tesla Owners of Silicon Valley members laughing a little too hard at Musk’s bland attempts at humor, Musk discusses the issues Tesla has been having manufacturing cars in its Austin and Berlin gigafactories. Elon Musk says that Tesla’s massive factories in Texas and Germany are losing a ton of money due to the ongoing supply chain crisis plaguing the planet in an interview with the completely unbiased Tesla Owners of Silicon Valley. The 3-part interview—titled “Elon Musk Unfiltered”—was conducted on May 31 at the Tesla Gigafactory 5 in Austin and was published on YouTube yesterday.

On Wednesday, a Los Angeles County Superior Court judge granted the teen's request to legally change her name to Vivian Jenna Wilson, court records show. (Her ...

"'I had a weird childhood,' my 18 year old said to me. On Wednesday, a Los Angeles County Superior Court judge granted the teen's request to legally change her name to Vivian Jenna Wilson, court records show. Their first child tragically died when he was 10 weeks old from sudden infant death syndrome in 2002.

AUSTIN, Texas — The new Tesla plant in Austin, Texas, opened recently with a lavish party and a great deal of hoopla, but according to Tesla CEO Elon Musk, ...

In an interview with Bloomberg at the Qatar Economic Forum, Musk said Tesla’s most prominent setback is raw materials and upping production. He also stated problems with the 4680 battery manufacture and shipping delays in China. It’s the same deal at a recently opened plant in Berlin, Germany, Musk said.

Reclaiming her identity. Elon Musk's transgender daughter filed a name change request to be legally acknowledged as female and change her surname from Musk ...

I know this isn’t your heart,” the Canadian musician wrote in response to the tweet. Musk also tweeted “pronouns suck” in July 2020, but his on-off again partner Grimes convinced him to delete it. A judge granted the request, legally changing Musk’s daughter’s name to Vivian Jenna Wilson.

Elon Musk's 18-year-old child got her name and gender change request approved by a Los Angeles judge and now goes by Vivian Jenna Wilson.

Wilson then told the teen, “I’m very proud of you,” to which Vivian replied, “I’m proud of myself!” She then continued the conversation, quoting the child as saying, “I can’t believe I’m as normal-seeming as I am.” TMZ reported that the teen listed her name change reason as “gender identity and the fact that I no longer live with or wish to be related to my biological father [Elon] in any way, shape or form.”

Tesla's headquarters in southeast Travis County is a money furnace, says CEO Elon Musk. In an interview with Tesla Owners Silicon Valley, Musk said, ...

During the conversation, Musk said Giga Texas had manufactured only a tiny number of cars. Musk has previously expressed concern over supply chain woes and inflation pressures. The challenges included the production of the 4680 battery, as well as port delays in China that have affected shipments.

Musk says supply chain issues and other problems are hampering the Austin-based company's plans to increase production.

Musk has said the facility is expected to hire more than 10,000 people through the end of this year. Tesla estimated that it employed about 100,000 people as of the end of 2021. The facility, which was first announced in July 2020 and had a grand opening in April of this year, is expected to play a key role for the company in increasing its vehicle production.

A California judge has approved a request by Tesla CEO Elon Musk's adult daughter to change her name and gender on her birth certificate.

Start your Independent Premium subscription today. Judge Rafael Ongkeko approved the petition Wednesday in the Santa Monica courthouse after no one objected to the change. By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

Elon Musk's transgender daughter's request to legally change her name was granted by a Los Angeles County Superior Court judge Wednesday, according to a ...

Musk's daughter, whose new name is Vivian Jenna Wilson, asked the court to change her name in accordance with her gender identity and because "I no longer live with or wish to be related to my biological father in any way, shape or form." "There being no objections, the petition for change of name, recognition of change of gender, and issuance of new birth certificate is granted," the judge ruled, according to the document. Elon Musk's transgender daughter's request to legally change her name was granted by a Los Angeles County Superior Court judge Wednesday, according to a court document obtained by NBC News.

Elon Musk's child officially changed her name after a court ruled to allow her to drop the SpaceX founder's last name on Wednesday, June 22.

Justine shared an apparent exchange with one of the twins, where she said that her child said that they were “proud” of seeming “normal,” despite having a “weird childhood.” Justine tweeted that she’d said, “I’m very proud of you.” The twins were conceived with the help of IVF with Elon’s first wife Justine. Before the twins were born, Elon and Justine had a son Nevada Alexander, who sadly died after just 10 weeks. She explained that the reason for the change was “Gender Identity and the fact that I no longer live with or wish to be related to my biological father in any way, shape or form.”

Judge Rafael Ongkeko approved the 18-year-old's petition Wednesday in the Santa Monica courthouse after no one objected to the change.

Musk had six children with the Canadian author. Elon Musk's 18-year-old daughter has been granted a name and gender change in California. Elon Musk's 18-year-old daughter granted name, gender change in California

A Los Angeles County Superior Court judge also granted Musk's 18-year-old transgender daughter the wish to legally change her gender.

“This, and the vast economic imbalance between us, meant that in the months following our wedding, a certain dynamic began to take hold,” she wrote. “Elon’s judgment overruled mine, and he was constantly remarking on the ways he found me lacking. In response to criticism to that tweet, Musk wrote on Twitter: “I absolutely support trans, but all these pronouns are an esthetic nightmare.” Musk first came under fire for his views on pronouns in July 2020, when he tweeted that “pronouns suck.” His partner at the time, the singer Grimes, was outraged, saying, “I cannot support hate. However, Musk has also said on Twitter that he is leaning toward supporting Florida Gov. Ron DeSantis in the 2024 presidential election. The daughter is one of five children Musk had with his first wife, novelist Justine Wilson, during their tumultuous, eight-year marriage.

'I no longer live with or wish to be related to my biological father in any way, shape or form,' daughter says in court filing.

“I had a weird childhood,’ my 18 year old said to me,” Ms Wilson, a Canadian author, tweeted. Start your Independent Premium subscription today. The court documents say that a new birth certificate will shortly be issued by the state registrar.

"Both Berlin and Austin factories are gigantic money furnaces right now," the chief executive officer said in a video interview with Tesla Owners of Silicon ...

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Musk also said in the May 31 interview that Tesla has struggled to quickly increase production in Austin of Model Y SUVs that use the company’s new 4680 cells and structurally integrated battery pack. At the time of last month’s interview, Tesla was still trying to recover from a dramatic drop in production brought on by the Chinese government’s restrictions, as well as persistent supply-chain headaches. Berlin is in a “slightly better position” because Tesla outfitted it to build cars with the 2170 cells, he said. The comments, part of a broader discussion filmed May 31, offer new insight into Tesla’s operations in the days leading up to Musk’s decision to cut costs by laying off employees.

Elon Musk's daughter Vivian has been granted approval to legally change her name after she said she "no longer wishes to be related to my biological father ...

In a tweet on June 20, she recalled a conversation she had with her 18-year-old, although it was not made clear whether she was referring to Vivian or her twin brother Griffin Musk. ‘I can't believe I'm as normal-seeming as I am,'" Justine recalled. The tech billionaire has seven children and shares five kids with his ex-wife Justine Wilson, with whom he split from in 2008.

A California judge has approved a request by Tesla CEO Elon Musk's adult daughter to change her name and gender on her birth certificate.

Judge Rafael Ongkeko approved the petition Wednesday in the Santa Monica courthouse after no one objected to the change. “I no longer live with or wish to be related to my biological father in any way, shape or form,” she wrote on the petition. She listed gender identity and an apparent dislike of her father, as the reason for the change.

Elon Musk transgender daughter has officially changed her name. On Wednesday, a Los Angeles County Superior Court judge approved her filings to remove Musk ...

The 18-year-old now goes by her mother's maiden surname, Wilson. "Happy Father's Day," the billionaire wrote, adding in a separate message, "I love all my kids so much." Vivian Jenna Wilson, previously Xavier Musk, in documents mentioned her lack of desire to be associated to the billionaire father.

New York (CNN Business) Tesla faces billions of dollars in losses from its new plants, supply chain problems and Covid lockdowns — enough for CEO Elon Musk ...

That would still be up from the adjusted income of $1.6 billion in the second quarter of 2021. But its year-over-year production was still up 69%, and most other automakers worldwide scaled back production in the quarter from year-ago levels due to supply chain issues. For example, he said that automakers in general "desperately want to go bankrupt," which falls in the category of colorful language rather than strict financial analysis. in the city. But most companies that cut staff never come close to filing for bankruptcy. That's overwhelmingly our concern is how do we keep the factories operating so we can pay people and not go bankrupt."

Tesla CEO Elon Musk spoke with a Tesla owners club. He talked bankruptcy, advertising, full self driving, and birthrates. There was a lot to digest.

Really, this isn’t that big a deal. Tesla Bankruptcy is one of Elon Musk’s favorite words.

Elon Musk transgender daughter is no longer a 'Musk'.On Wednesday, a Los Angeles County Superior Court judge approved her filings to remove Musk as her ...

The 18-year-old now goes by her mother's maiden surname, Wilson. "Happy Father's Day," the billionaire wrote, adding in a separate message, "I love all my kids so much." Vivian Jenna Wilson, previously Xavier Musk, in documents mentioned her lack of desire to be associated to the billionaire father.

In April, shortly after her 18th birthday, Musk's daughter, formerly known as Xavier Alexander Musk, filed to have her name and gender legally changed, noting ...

Wilson shared a conversation she had with her daughter on Twitter, writing "'I had a weird childhood,' my 18 year old said to me. The couple share six kids together. In April, shortly after her 18th birthday, Musk's daughter, formerly known as Xavier Alexander Musk, filed to have her name and gender legally changed, noting that she wished to cut ties with the Tesla CEO.

Cars News: Tesla CEO Elon Musk described the electric automaker's factories in Austin and Berlin as "money furnaces" that were losing billions of dollars ...

As the pandemic erupted in the U.S., automakers had to shut factories for eight weeks to help stop the virus from spreading. In a May 30 interview with a Tesla owners club that was just released this week, Musk said that getting the Berlin and Austin plants functional "are overwhelmingly our concerns. A lack of computer chips needed to run cars' computers compounded automakers' problems and sent prices for used and new cars skyrocketing.

Vivian Jenna Wilson has been granted approval to legally change her name after saying she "no longer wishes to be related to my biological father in any way ...

The petition, filed in mid-April, additionally sought to legally change her gender from male to female and be issued a new birth certificate. Musk has seven children and shares five kids with his ex-wife Justine Wilson, with whom he split from in 2008. Elon Musk's daughter has been granted approval to legally change her name after saying she "no longer wishes to be related to my biological father in any way."

Tesla CEO Elon Musk says his newly opened electric vehicle factory near Austin is “losing billions of dollars” as a result of supply-chain-related issues.

“There should be a giant roaring sound, which is the sound of money on fire, OK? Bigger than a dumpster [fire]. … Berlin and Austin are losing billions of dollars — right now. “This factory is losing insane money right now,” he said. Musk said both factories are operating at a huge loss.

Twitter's Board of Directors has unanimously approved Elon Musk's $44b takeover bid of the social media giant. Shareholders will now vote to determine ...

Since making the offer, Musk has complained that Twitter isn't doing enough to reveal the true number of spam bots and fake accounts on the platform, which the company says hovers around 5 percent. If they do, Twitter shareholders will be entitled to $54.20 in cash for each share of the stock they own, which was the amount at which it was valued on the last full trading day before Musk disclosed his nine percent stake. Elon Musk's takeover of Twitter is one step closer to being completed after Twitter's board unaminously voted to approve the pending deal.

In today's edition: Elon Musk's latest request for more data, and hacks that will help you get the most out of your iPhone.

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Elon Musks transgender child has been granted permission by the court to change her name in accordance with her new gender.

Elon Musk's transgender child has been granted permission by the court to change her name in accordance with her new gender. "I no longer live with or wish to be related to my biological father in any way, shape or form," Vivian Jenna Wilson had said in her petition. She had filed a petition to change her name because she no longer wished to be related to her biological father.

Elon Musk expressed fears for Tesla's future amid supply chain issues and factory closures. See why he called the past two years an 'absolute nightmare,' ...

Tesla has faced multiple problems lately with supply chain disruptions affecting the production of its vehicles alongside pandemic-related factory closures in Shanghai. That's overwhelmingly our concern is how do we keep the factories operating so we can pay people and not go bankrupt?" In the note, he admitted that he had a "super bad feeling" about the economy and also told Tesla execs that the company would "pause all worldwide hiring." Tesla has recently been making major moves to cut down on costs as Musk revealed that the company would be letting 10% of its workforce go in an email that was leaked earlier this month. However, closures at the Shanghai factory due to Covid caused the car company to lose a month's worth of "build volume," says Tesla CFO Zachary Kirkhorn, noting that production of all Tesla vehicles was "resuming at limited levels" during the disclosure. The billionaire reportedly emphasized the danger facing the Austin plant, noting that car production was not up to the predicted scale due to car parts and supplies being "stuck" in Chinese ports.

Elon Musk has said he's spending less than 5 percent of his time on the Twitter acquisition. But with a letter circulating at SpaceX saying his public ...

Just last weekend, SpaceX launched a communications satellite called Globalstar-2, but satellite trackers believe the mission also carried covert payloads, which may or may not be related to the US military. This is kind of an awkward area for NASA, because NASA is also a boys’ club. I got impatient, waiting for NASA, so I emailed the agency to ask for an interview about how it plans to handle all of this. The “zero-tolerance” sexual harassment policy is a particular issue for SpaceX since SpaceX reportedly paid $250,000 to a flight attendant who says Musk exposed his penis to her and offered to buy her a horse if she gave him an erotic massage. I suppose if I wait long enough, NASA will say this is “not appropriate behavior” just like it did with the Joe Rogan weed thing, where Musk hit a blunt on Rogan’s popular podcast. “I was told that matters of this nature were too private to openly discuss with the perpetrators.” After an investigation following said blunt-hitting, NASA rewarded SpaceX with a bonus $5 million for “employee education.” Nor was any mention made of Musk’s bid for Twitter, which is what prompted this cycle of Musk shitposting activity, which, in turn, created a distraction that interfered with SpaceX employees’ ability to focus on their work. Musk has already had run-ins with the NLRB, which slapped him on the wrist for anti-union activity at Tesla. As part of its judgment against Musk, he was ordered to delete a tweet. Musk might be the “ideas guy,” but SpaceX is Shotwell’s show. Last week, as first reported by The Verge, a group of SpaceX workers wrote a letter to Musk about his tweets. “As our CEO and most prominent spokesperson, Elon is seen as the face of SpaceX — every Tweet that Elon sends is a de facto public statement by the company.

Elon Musk's lawyers send letter to Twitter, claiming company has provided an insufficient amount of data.

The letter that the board wrote to the investors, which is included in the SEC filing, said that it "determined that the merger agreement is advisable and the merger and the other transactions contemplated by the merger agreement are fair to, advisable and in the best interests of Twitter and its stockholders." Earlier, the board of directors at Twitter unanimously "endorsed that shareholders approve the proposed $44 billion sale of the company to Elon Musk". Tesla CEO Elon Musk has asked Twitter to provide him with more user data even after the social networking company gave him a "firehose" of data.

Mr Musk now has access to real-time data that could be the last hurdle ahead of his buyout.

Mr Musk may intend to back out of the deal entirely, which would likely result in a legal battle. Start your Independent Premium subscription today. This would give Mr Musk, who did not do due diligence before making the offer, the ability to analyse bots.

Insiders see the new data as a sign Musk may try to renegotiate the deal price soon, arguing Twitter's value has changed with new information.

During his first meeting with Twitter employees last week, first reported by Insider, Musk said the prevalence of bots is "probably my biggest concern" given their potential impact on monetizable user metrics. The new data Musk has access to is effectively a " data stream" of Tweets and activity on the platform that is also available to developers through Twitter's developer platform. There is some recent precedent for a renegotiation on an acquisition price agreed to before the market downturn. In May, he claimed the acquisition was "on hold" until the bots issue was resolved. Since Musk announced his intent to buy the company in April, he has said that the prevalence of "bots" or automated accounts was a key issue on the platform. Twitter has given Elon Musk more user data after he complained last week that the large historical database he had received wasn't enough, Insider has learned.