Elon Musk

In an interview with Wall Street Journal, when asked if India is an interesting choice for a new Tesla location, Musk responded: "Absolutely".

Soros's family office, Soros Fund Management, had a total of 132,000 shares which capitalised on Tesla's impressive 68 per cent jump in value this year, and the family office sold off its entire stake in the first quarter of 2023, according to Insider.

According to a Bloomberg report, citing sources, the Tesla executives are expected to meet officials from Prime Minister Narendra Modi's office. "The discussions will revolve around the possibility of local sourcing of components for Tesla's car models," the report noted.

The 2nd US Circuit Court of Appeals in Manhattan rejected Musk's argument that the consent decree reached in 2018 is a "prior restraint" on his speech. "Each tweet plausibly violated the terms of the consent decree," the Court of Appeals for the Second Circuit in New York City wrote in its ruling, reports The Verge.

"I am excited to welcome Linda Yaccarino as the new CEO of Twitter! She will focus primarily on business operations, while I focus on product design and new technology," Musk posted in a fresh tweet. "Looking forward to working with Linda to transform this platform into X, the everything app," he added.

Elon Musk, who owns several companies like Twitter, Tesla and SpaceX said that he has not "inherited anything ever from anyone", quashing the long-running rumour which claims his father owns an emerald mine in South Africa and that he has given him financial assistance.

A new aerospace launching system is under development in China that requires cutting the cargo cost per kilogram to 5 per cent to that of the existing Long March rockets, reports South China Morning Post. The Long-Range Aerospace Transportation System, being built at the China Aerospace Science and Technology.

EV sales increased to represent 7 per cent of all US passenger vehicle sales in 2022, according to Counterpoint Research, growing 54.5 per cent (on-year). "Tesla is dominating the US EV market while other automotive giants like Ford, General Motors, Stellantis, Volkswagen and Hyundai are struggling to provide strong competition," according to research analyst Abhik Mukherjee.

Musk had donated $100 million to OpenAI. He stepped down from OpenAI's board of directors in 2018 and no longer owns a stake in the company. "I'm still confused as to how a non-profit to which I donated $100 million somehow became a $30 billion market cap for-profit. If this is legal, why doesn't everyone do it?" he quipped.

Min-Liang Tan, co-founder and CEO of Razer (a consumer electronic company), tweeted: "I think Twitter should buy SVB and become a digital bank". To which Musk replied: "I'm open to the idea". US regulators on Friday shut down Silicon Valley Bank (SVB) and took control of its customer deposits in the largest failure of an American bank since 2008.