ELON MUSK IMMIGRATION TWEET
Tesla to add Cybertruck shift to clear orders before dismantling line next year
Tesla plans to add an additional production shift to fulfill outstanding Cybertruck orders by next year. CEO Elon Musk stated that production would then transition to the Cybercab, a new robotaxi model. Despite initial expectations, Cybertruck sales fell significantly, affecting its market performance. Quality concerns and recalls have also impacted the Cybertruck since its launch in late 2023.
Tesla Cybertruck hits a dead end: Elon Musk's futuristic EV launched 4 years after unveiling, sold only 10% of his target, with its biggest buyer being another of the billionaire's companies
Elon Musk revealed that Tesla will halt Cybertruck production at Gigafactory Texas around mid-2027. The Cybertruck sold only 20,237 units last year, far below Musk's expectations of 250,000 units annually. Multiple delays and recalls significantly impacted the Cybertruck's journey since its unveiling in November 2019. Tesla plans to increase production of the Cybercab as part of its future strategy.
Google executive Donald Harrison resigns from SpaceX board
Donald Harrison has resigned from SpaceX's board after more than ten years of service. He notified the company of his decision, which took effect immediately on November 4. Elon Musk commented that the resignation was due to conflicts of interest related to Alphabet, Google's parent company. Google remains a major institutional holder of SpaceX shares after slightly increasing its position this week.
Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit list
Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.
What went wrong with Tesla Cybertruck? Elon Musk says production will wind down in mid-2027
Tesla Cybertruck production: Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 as Elon Musk shifts manufacturing capacity towards the Cybercab. The decision follows years of production delays, repeated recalls, steep price increases and sales that fell short of the company's original ambitions.
Tesla Cybertruck discontinued: Elon Musk suffers big setback after spending $446 million backing Republicans who lost in midterm
Cybertruck cancelled: Tech billionaire Elon Musk is facing new business challenges as Tesla plans to wind down Cybertruck production. After spending at least $446 million backing Republicans in the 2026 elections, Musk saw Democrats make major gains. House Democrats have also called for investigations into his work at DOGE and promised to scrutinize federal funding for his companies.
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Alphabet discloses $548 million worth of Qualcomm stake
Qualcomm earlier this week irked investors when it missed Wall Street expectations for quarterly smartphone chip sales due to weak demand, even though it forecast better-than-expected revenue for its nascent data-center segment.
'Vote red today!' Elon Musk deletes pro-Republican posts after spending $458 mn
Elon Musk has deleted his posts urging voters to back Republican candidates in the US midterm elections after Democrats made significant gains and secured control of both chambers of Congress. The deleted posts included an October 29 appeal to elect Republican senators and an Election Day message saying “Vote red today!”.
SpaceX, Tesla extend losses as midterm results cloud data center, merger outlook
Shares for Elon Musk's ventures, SpaceX and Tesla, took a notable hit after the Democratic success in the midterm elections. Investors are now worried that these political changes could impede crucial data center expansions. The revenue streams for SpaceX's AI computing may face setbacks due to possible data center moratoriums, while Tesla's energy division is similarly affected.
Elon Musk gambled $445 million to boost Republicans in midterms and came up short
Nobody may have suffered bigger losses Tuesday than President Donald Trump. But few others had more on the line than Musk, who gambled big and came up holding the midterm's worst return on investment. Democrats in Congress were already queuing to get their shot at Musk, with possible subpoenas and investigations.
Elon Musk gambled $445 million to boost Republicans in midterms and came up short
Elon Musk's hefty USD 445 million investment in Republican candidates did not yield the desired electoral success, as Republicans faced significant losses, ceding control of Congress. This setback has prompted Democrats to contemplate investigating Musk's business operations. Critics have denounced his financial influence in politics, highlighting the risks of affluent individuals shaping policy. Anticipated changes in Texas's Democratic leadership suggest intensified scrutiny of Musk's ties to the state.
US proposes space launch rule changes, vows regulatory overhaul
The Federal Aviation Administration is planning regulatory changes for commercial space launches and re-entries. It aims to facilitate at least 1,000 launches annually by the year 2030. These proposed adjustments include updating definitions about mandatory flight aborts and clarifying associated requirements. Last year saw only 178 launches, with significant involvement from SpaceX. This overhaul signals a major shift in the regulatory landscape for commercial space activities.
US Midterm Elections 2026: From Ami Bera to Pia Dandiya, Meet Indian-Americans who won amid Democratic blue sweep
The 2026 US Midterm Elections marked a transformational shift within Congress, as the Democrats regained control of both the House of Representatives and the Senate. A wave of Indian-American candidates, including Ami Bera and Pramila Jayapal, celebrated remarkable victories at congressional and state levels, championing critical issues like immigration reform.
'A mandate for change': Democrats remake Texas politics in election rout
Texas Democrats achieved notable victories in recent elections, securing several key state economic offices historically held by Republicans. James Talarico and Gina Hinojosa were among the candidates who won in high-profile races against longstanding officials. The election results reflect a shift in voter sentiments, particularly among Latino communities affected by immigration policies. This success was attributed to grassroots campaigning focused on economic issues rather than cultural debates.
US Stock Market today: S&P 500, Nasdaq, Dow Jones jump after midterm elections results, Wall Street investors send direct messages to Donald Trump, Elon Musk, check top stock prices
US Stock Market today: Donald Trump’s social-media company, Trump Media & Technology Group, was one of the market’s bigger losers, down 24.5 per cent. Elon Musk’s businesses also struggled. Tesla fell 3.3 per cent, and SpaceX sank 3.8 per cent.
Tesla stock price today: Why TSLA falls as Democrats’ midterm election win puts Elon Musk’s AI data center plans at risk
Tesla stock (TSLA) fell as Democrats’ midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan Ives warned that political hurdles could slow planned projects, while Elon Musk floated the idea of space-based data centers as investors weighed the outlook for his AI ambitions.
AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections
The Democratic sweep, which included victories in traditional Republican strongholds and key data-center hubs Texas and Georgia, will usher in divided government in Washington and raises the prospect of greater congressional oversight of industries that benefited from Republican control.
AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections
AI data centre stocks declined while renewable energy and healthcare shares rallied after Democrats won control of Congress in the US midterm elections. Investors assessed the possibility of tighter AI oversight and continued clean energy support. Defence contractors and prison operators fell amid concerns over changing government spending and immigration policies.
US midterm election results: What happens next as Democrats take over of Congress
With Democrats now in control of both chambers of Congress, they are gearing up for a strategic offensive against Donald Trump. Their newfound Senate majority gives them the power to challenge Trump's nominees and shape important legislation, promising a dynamic political landscape ahead.
Sam Altman becomes Ram Altman: OpenAI CEO accepts suggestion, changes display name on X
OpenAI CEO Sam Altman has changed his display name on X to "Ram Altman" after facing online criticism over his remarks about the use of Random Access Memory (RAM) in personal computers. The controversy started after his appearance on the Cheeky Pint podcast, where he questioned whether allocating large amounts of memory to individual desktop and laptop users was an efficient use of limited global supplies.
From Bhatkal to US Senate spotlight: Elected Abdul El-Sayed’s wife Sarah’s Karnataka roots
Abdul El-Sayed has been elected as the first Muslim to the US Senate, marking a historic milestone. His wife, Dr. Sarah Jukaku, has roots in Bhatkal, Karnataka, connecting their family to Indian heritage. Sarah's grandfather was a deputy minister for finance in Mysore State, contributing to local development. The couple met at the University of Michigan, where they became active in the Muslim Students' Association.
'Didn't work this time': Elon Musk reacts after Trump's Republican Party loses control of Congress in midterm elections despite him pumping nearly $500 billion
Elon Musk commented on the Democrats' success in the US midterm elections after their significant victories. He humorously referenced his substantial financial contributions to Republican candidates, which did not yield the expected results. Following the elections, analysts indicated widespread discontent among voters toward the Republican Party and its leadership. Musk, who has strong ties to Donald Trump, is likely to face scrutiny from the newly-empowered Democrats.
'Space lasers didn't work': Elon Musk mocks own election spending after Democrats' midterm sweep
Billionaire Elon Musk expressed sarcastic comments following significant Democratic electoral victories in the 2026 midterm elections. Despite Musk's substantial financial contributions to Republican candidates, they faced major losses to Democrats. Notable among these was the Texas Senate race, where Democrat James Talarico defeated Republican Ken Paxton.
SpaceX-Tesla merger could give Musk control without Mars, robotaxi milestones
Elon Musk's compensation packages at SpaceX and Tesla are tied to ambitious goals involving Mars and robotics. Recent discussions on a merger may provide Musk with greater voting control at Tesla. The current arrangement at SpaceX gives Musk significant voting rights without needing to achieve specified goals. Analysts suggest that Musk's plans may be adjusted post-merger to align with new market conditions.
Here's how two major AI companies are limiting usage of their AI models
OpenAI has enacted new rules that disallow the stacking of paid ChatGPT subscriptions on a single device or payment card. Users hitting subscription caps will encounter an error message, preventing them from activating more subscriptions. Many users have complained about GrokBot's rapidly declining usage allocations. Elon Musk admitted the rising costs are contributing to Grok user dissatisfaction.
Grok bot users hit limits faster as Elon Musk warns of ‘unsustainably high’ AI agent costs: What happens next?
Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to its revenue as users report hitting weekly usage limits faster. Despite 800,000 paid weekly users, questions remain about the service's costs, pricing and future limits.
Who is Vivek Ramaswamy? Indian-American Republican faces crucial Ohio governor test
Vivek Ramaswamy, an Indian-American Republican, faces a challenging race against Democrat Amy Acton for the Ohio governorship. Recent polls indicate that Acton is leading Ramaswamy by four percentage points just before election day. Ramaswamy's controversial advertisement has attracted criticism from both parties and impacted his campaign strategy. The election is particularly significant for the Republican Party as Ohio has voted consistently for them.
Elon Musk vs Sam Altman: After OpenAI CEO questions people's RAM usage at home, Musk defends ordinary users with a meme
Elon Musk has taken a dig at OpenAI CEO Sam Altman after the latter questioned why people keep large amounts of RAM in their personal computers when the limited memory supply could be used more efficiently by AI data centres. Sharing a meme on X, Musk defended ordinary consumers. The exchange comes amid a global memory shortage that is driving up prices of PCs, smartphones and other electronic devices.
Elon Musk says saving for retirement may become pointless. How AI and robots could change the future of money
Elon Musk envisions a future where breakthroughs in artificial intelligence lead to a surplus of goods and services. He suggests that, as a result, the concept of money could diminish in importance. Musk points out that saving for retirement may become obsolete as automation in production decreases costs and enhances availability, indicating that traditional retirement plans might soon be outdated.
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