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TESLA CRISIS
Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
US markets plunge: Dow Jones, S&P 500 and Nasdaq crash as Trump’s Iran threat sparks a risk-off market selloff, pushing the U.S. dollar higher and oil prices sharply upwardDow Jones, S&P 500 and Nasdaq crashed as Trump’s Iran threat reignited fears of a wider Middle East conflict. Investors rushed into the U.S...
He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest peopleAntonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. ...
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...
Why did the Nasdaq 100 crash more than 550 points today? US stock market Dow Jones, S&P 500 and Nasdaq plunge into deep red as AI's biggest winners become the market's biggest losersUS stock market crash today: The Nasdaq just delivered a sharp reality check to Wall Street. On June 9, 2026, the tech-heavy Nasdaq Composi...
Double, Trouble, Toil and the AI Bubble: Why the boom may not be what it seemsAs India navigates its AI and innovation trajectory, skepticism looms large. While AI technologies have fueled market growth worldwide, the...
AI bubble debate gets real as chip stocks rallyChipmaker stocks are soaring, leading to a debate about an artificial intelligence bubble. Demand for AI data center chips is driving price...
Meet Andrej Karpathy, OpenAI founding researcher hired by rival Anthropic; His education, Tesla role and othersAndrej Karpathy joins Anthropic: Andrej Karpathy — one of the most recognised names in artificial intelligence and a founding member of Ope...
18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breathSamsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-d...
Trump vows to push Xi to 'open up' China at superpower summitPresident Donald Trump travels to Beijing for talks with President Xi Jinping. He promises persuading China to open up to American business...
World's richest man Elon Musk endorses Warren Buffett's five-minute plan to fix US debt now at $40 trillion. Here's what 'Oracle of Omaha' suggestedBillionaire Elon Musk has endorsed Warren Buffett's innovative proposal to address America's mounting national debt. Buffett's plan suggest...
Stung by Iran war, Trump heads to China in need of winsPresident Trump visits China with reduced trade goals. His earlier tariff strategy has not yielded expected results. The meetings will focu...
Microsoft CEO Satya Nadella 'proud' of profit-making OpenAI investmentMicrosoft CEO Satya Nadella testified in Elon Musk's lawsuit. Musk claims OpenAI betrayed its nonprofit mission. Nadella expressed pride in...
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
ChatGPT OpenAI Elon Musk trial: From calling Artificial Intelligence firm charity to existential crisis, key takeaways from Tesla boss' testimonyElon Musk repeatedly described OpenAI as a charity and testified that Altman and Brockman reneged on an initial promise to keep the nonprof...
ET Awards: ‘Invest in the idea of India, by India, for India,’ say top CEOs amid West Asia conflictIndian business leaders view the West Asia conflict as a catalyst for long-delayed structural reforms, urging accelerated efforts in energy...
From FAANG to BATMMAAN: the new acronym driving global tech investing, says Niteen DongareGlobal investors are shifting focus from FAANG and Magnificent 7 to broader innovation, embracing the BATMMAAN acronym for AI, semiconducto...
Elon Musk floats 'universal high income' to offset AI-led job disruptionElon Musk suggests universal high income as a solution for job displacement due to artificial intelligence and robotics. He believes AI wil...
Tesla is developing a new smaller, cheaper EV, sources sayThe effort follows a decision by chief executive Elon Musk to scrap a highly anticipated low-cost EV project in 2024 and pivot the company ...
Top analyst Dan Ives sounds alarm, says Tesla’s crisis is here, urges Elon Musk to ditch DOGE and refocus on saving the brandWedbush Securities' top analyst Dan Ives urges Tesla CEO Elon Musk to focus on leading the company amid its current crisis. Ives warns that...