Elon Musk’s electric vehicle company said that it needs to spend big on artificial intelligence and robots. Wall Street is worried about the bill.
Category: Musk, Elon
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Investors Fret Over Tesla’s $25 Billion A.I. Bet
The New York Times – Business: -
Tesla Profit Rises but Remains Below Earlier Highs
The New York Times – Business:The company is investing in robots and self-driving taxis that are not yet generating significant sales.
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The Consequences of SpaceX’s Latest A.I. Moonshot
The New York Times – Business:Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
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Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
The New York Times – Business:As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
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SpaceX Strikes Deal With Cursor for $60 Billion
The New York Times – Business:The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
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Big Banks Seeking a Piece of SpaceX’s I.P.O. Must Subscribe to Elon Musk’s Grok
The New York Times – Business:Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.
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Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.
The New York Times – Business:An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.
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Democrats Examine Elon Musk’s Role in Suspension of Business Disclosure Law
The New York Times – Business:Lawmakers have asked the Treasury Department for information on how Mr. Musk may have influenced the decision to end enforcement of the Corporate Transparency Act.
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Elon Musk Joins in Phone Call Between Donald Trump and Narendra Modi
The New York Times – Business:Mr. Musk’s participation was notable because it is rare for a private citizen to be on a call between heads of state. It also suggests that Mr. Musk is back on better terms with the president.
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A World Where All Is Free? That’s Elon Musk’s Theory of ‘Sustainable Abundance.’
The New York Times – Business:The Tesla and SpaceX chief has told his followers that they will live in a world where robots will take care of every need and people do not have to work, in what has become his latest slogan.