India Weighs Five-Year Tax Cuts on EV Imports to Woo Elon Musk-led Tesla

Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control.

Elon Musk-owned X (formerly Twitter) is going through advertising revenue troubles after many of its major advertisers such as Apple, IBM, Comcast, and others have pulled ads from the platform. But despite the hiccup, the platform continues to bring new features for the users. In a new announcement that came directly from Musk, the platform is introducing another way for its Premium subscribers to get a larger reach on the platform, this time with some strategic control over it. Musk has revealed that adding posts to the Highlights tab, which was introduced in August, will enable users to reach more users.

India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government's thinking.

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

Billionaire and omnipresent main character Elon Musk has declared he was once one of the best Quake players in the world, to the tune of winning money for his skills. This obviously sounds like the kind of thing your mate would say after their third pint, but the revelation came during an interview with podcaster Lex Fridman during which Musk was expansive on his wider gaming habits, and particularly his Diablo 4 druid's inability to beat Lilith.

During a 1990 Senate race in his home state of North Carolina, Michael Jordan was asked why he didn't endorse the African-American Democratic candidate. He was still explaining his response — “Republicans buy sneakers too” — to reporters 30 years later, saying he wasn't an activist in the mold of Muhammad Ali: “I thought of myself as a basketball player.”

On Friday, Sam Altman was fired from OpenAI as CEO. Within hours of that, in the face of intense pressure from Microsoft and other investors, the board tried to get him back, but failed. He wanted the OpenAI board to be sacked as his biggest condition for re-joining OpenAI. After talks failed, Satya Nadella announced, that Altman was joining Microsoft to lead a new team of AI researchers. It was an announcement that shocked and awed in equal measure as it heralded a virtual coup by Nadella in getting Altman to join Microsoft. Now OpenAI has appointed former Twitch co-founder Emmett Shear as interim CEO of the company. After the news of Altman joining Microsoft was announced, industry personalities and others, shared their thoughts about the entire event. Check out what CEOs and tech experts around the world are saying about this huge shift in the artificial intelligence power structure.

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

X (formerly Twitter) has once again found itself in troubled waters courtesy its billionaire owner, Elon Musk. Ever since the Israel-Hamas conflict began, the social media platform has been filled with hate posts, propaganda, and misinformation. But recently, brands have pulled the plug on advertising on the platform citing antisemitism as a big reason. Recently, IBM, Disney, Warner Bros., Discovery, and EU pulled ads, and now Apple has joined the list as well, as per a report. Incidentally, the big chunk of the advertisers exiting came after company owner Elon Musk replied in support of a post accusing Jewish people of hating white people.

Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content and hate speech on the site in general, with billionaire owner Elon Musk inflaming tensions with his own tweets endorsing an antisemitic conspiracy theory.

Billionaire Elon Musk endorsed an antisemitic post on X, the social media site he owns, that attacked members of the Jewish community for pushing “dialectical hatred” against white people. 

The cosy relationship between Elon Musk's Tesla Inc. and China was on display again on Wednesday when President Xi Jinping expressed support for the US electric carmaker in China and Musk in turn expressed his gratitude for that warm reception.