After hiring two senior leaders from Cursor last month, Elon Musk explained “xAI was not built right.”

Last year, ahead of SpaceX’s IPO, Musk bought $1.4 billion of stock from current and former employees, The Information reports.

Tesla reports first-quarter earnings Wednesday.

John Ternus is known for his decisiveness and he needs to make some big decisions on AI.

Ternus was considered the front-runner for the job. During Cook’s tenure, he oversaw Apple stock gains of 1,933%, nearly quadrupling the S&P 500.

Reuters found that Tesla likely shifted $18 billion in profits offshore, saving at least $400 million in US taxes.

Get ’em while they’re cheap.

There’s an unsupervised Tesla Robotaxi service in both Houston and Austin but, with just one vehicle so far in each city, it will be difficult…

Apple’s positioning at the upper end of the market, as well as leverage over its supply chain, are saving it from the smartphone slump.

OpenAI remains a close second but is losing ground.