You might need to act soon to keep accessing your X account.
Elon Musk’s website, formerly known as Twitter, quietly announced it was killing off the old Twitter.com domain. That means the company is requiring users who use a hardware security key or passkey to re-enroll; otherwise, they will be locked out of their account.
X’s safety account posted a statement alerting folks to the change. It read:
You’d think after a tumultuous year for Elon Musk’s car company, Wall Street would be cheering Tesla’s record quarterly sales. They’re not.
That’s for two main reasons: First, Tesla’s profit fell from a year ago and missed analysts’ estimates.
Second, Tesla’s sales were largely booming last quarter because customers scrambled to nab electric cars before a US tax credit expired.
Shares of Tesla (TSLA) fell 2% in after-market trading following the report, but ahead of a call for investors scheduled for 5:30 pm ET.
President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent.
“For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” Trump said in a post to social media as he returned to Washington from the Super Bowl.
The penny has been under fire for years, with the movement to eliminate the penny picking up steam last month after Elon Musk’s Department of Government Efficiency posted on X calling attention to the high cost of producing the single-cent coin.
Elon Musk’s sprawling empire — spanning everything from electric vehicles and social media to space rockets and miniature brain implants — may soon make him the world’s first trillionaire.
Musk’s business success has made him one of the most influential — and controversial — people in the world. The Tesla boss is already the richest person on the planet, with a fortune estimated at nearly $250 billion.
Now, Musk could become the world’s first trillionaire, a milestone that Informa Connect Academy says he’s on track to hit by 2027.
Informa notes that Musk’s net worth has been growing rapidly at an average rate of 110% per year, making him the “clear favorite” to hit the $1 trillion first.
Musk does face competition though.
A US judge has dismissed a case brought by former Twitter staff, who had accused billionaire Elon Musk of unlawfully denying roughly $500m in severance payments owed to workers fired after his takeover of the company.
Judge Trina Thompson said the employees had not proven that their claims were protected by federal law.
The ruling is a win for Mr Musk, who purchased Twitter in 2022 and immediately set about making changes, including sacking thousands of staff.
The moves sparked multiple lawsuits from former staff and vendors, accusing the company of withholding payments that had been promised.
Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 stock option compensation package approved. Shareholders also approved the company’s decision to re-incorporate of Tesla in Texas, moving it away from the state where Musk’s pay package was struck down: Delaware.
Shareholders present at the company’s annual meeting Thursday held at Tesla’s Texas gigafactory, cheered and gave a standing ovation when general counsel Brandon Ehrhart announced the results of the vote. The margin of victory was not immediately clear.
“I just want to start off by saying: Hot damn, I love you guys,” Musk said as he leapt around on the stage Thursday. “I think we’re not just opening a new chapter for Tesla, we’re starting a new book.”
Noland Arbaugh has a computer chip embedded in his skull and an electrode array in his brain. But Arbaugh, the first user of the Neuralink brain-computer interface, or BCI, says he wouldn’t know the hardware was there if he didn’t remember going through with the surgery. “If I had lost my memory, and I woke up, and you told me there was something implanted in my brain, then I probably wouldn’t believe you,” says the 30-year-old Arizona resident, who has been paralyzed below the middle of his neck since a 2016 swimming accident. “I have no sensation of it—no way of telling it’s there unless someone goes and physically pushes on it.”
The Neuralink chip may be physically unobtrusive, but Arbaugh says it’s had a big impact on his life, allowing him to “reconnect with the world.” He underwent robotic surgery in January to receive the N1 Implant, also called “the Link,” in Neuralink’s first approved human trial.
Amid news of Tesla’s first year-over-year sales decline since 2020, the electric car company is setting the scene for a unique product launch.
Tesla CEO Elon Musk posted on X that the company will unveil its first robotaxi on August 8. However, the unveiling date does not mean that’s when deliveries will begin — the first deliveries of another Tesla product, the Cybertruck, arrived years after its unveiling.
Tesla’s first autonomous taxi will join a market that already features offerings from competitors such as Waymo, an independent company that started as Google’s self-driving car project, and Cruise, General Motors’ company.
A Delaware state court judge has thrown out the 2018 pay package that helped to make Tesla CEO Elon Musk one of the richest people in the world.
Delaware Chancery Court Chancellor Kathaleen McCormick, who oversaw the bench trial that concluded in November 2022, ruled Tuesday that Musk and the Tesla board “bore the burden of proving that the compensation plan was fair, and they failed to meet their burden.”
The 303 million split-adjusted stock options that Musk had received as part of the package are worth $51 billion today, when calculated using Tuesday’s closing price, less the modest exercise price of $23.34 a share.
The case was argued in Delaware, where Tesla and many other major US corporations are incorporated. While Musk did not have an immediate comment on the decision, he did tweet Tuesday, “Never incorporate your company in the state of Delaware.”
Elon Musk has said Disney boss Bob Iger should be “fired immediately” after the company stopped advertising on X.
“Walt Disney is turning in his grave over what Bob has done to his company,” Mr Musk said in a series of posts against the media giant.
It comes just a week after he told companies that joined an ad boycott of his platform, formerly known as Twitter, to “Go [expletive] yourself”.
Some firms have paused advertising on X amid concerns over antisemitism.
Dispatches From The Front 