Elon Musk

Tesla’s stock takes a hit following a warning about a “notably lower” growth rate.

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Tesla Inc. faced a notable decline in its stock value after Elon Musk’s attempt to persuade investors to overlook slower sales growth didn’t resonate positively with the market. The stock saw a considerable 9.2% decline in early trading on Thursday as Tesla narrowly missed its earnings estimates. Additionally, the company warned that its growth for … Read more

Elon Musk’s startup, XAI, is in the process of raising $1 billion in funding.

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Elon Musk XAI Openxi

  The Owner of X, a generative artificial intelligence company, asserts to have successfully raised $135 million.   X.AI, Elon Musk’s AI startup, has filed with the SEC to secure up to $1 billion in an equity offering. The company has received approximately $135 million from four investors, with the first sale occurring on Nov. … Read more