Latest Elon Musk News & Updates

New Delhi, May 14 (IANS) Elon Musk-backed Tesla on Thursday opened its first experience centre in Bengaluru’s Whitefield area, a major step in the electric vehicle maker’s expansion plans in India.The company said customers will now be able to experience the Model Y and the newly introduced Model Y L — priced starting at Rs 61.99 lakh (ex-showroom) — at the new facility located in the city’s technology hub.Tesla also announced the launch of its after-sales service network in Whitefield t…

New Delhi, May 13 (IANS) Billionaire entrepreneur Elon Musk on Wednesday confirmed that he is travelling to Beijing aboard Air Force One alongside US President Donald Trump and several top American business leaders for a high-stakes summit with Chinese President Xi Jinping.Musk revealed his participation in the trip through a post on X, writing, “On my way to Beijing in Air Force One.” His confirmation comes as a powerful delegation of leading US corporate executives heads to China in what i…

New York, May 6 (IANS) Vivek Ramaswamy, the billionaire entrepreneur backed by President Donald Trump has won the Republican Party primary to become its candidate for Ohio governor, defeating an opponent who tormented him with racist propaganda.Winning 87 per cent of the votes, Ramaswamy dealt a decisive defeat to Casey Putsch, and in the November general election, will face Democrat Amy Acton, who ran unopposed for her party’s nomination.Ramaswamy initially ran against Trump for the Republica…

New Delhi, May 5 (IANS) Billionaire entrepreneur Elon Musk has agreed to pay $1.5 million to settle a case with the US Securities and Exchange Commission (SEC) over delayed disclosure of his stake in Twitter (now known as X), according to multiple reports.The settlement which is subject to court approval, will be paid by the Elon Musk Revocable Trust, which the SEC added as a defendant in the case, the regulator said.The regulator has alleged that the trust failed to timely disclose beneficial o…

Bengaluru, May 3 (IANS) Former Chief Minister and BJP MP Basavaraj Bommai on Sunday expressed confidence that the BJP will win both Assembly by-elections in Karnataka and also secure a majority in West Bengal and Assam.Speaking to the media in Koppal, Bommai said that the BJP would emerge victorious in the two constituencies, with the by-election results to be announced on Monday.“Based on our achievements and the organised campaign we carried out, we are confident of winning in Bagalkot and D…

New Delhi, April 29 (IANS) Tesla and xAI CEO Elon Musk has testified in a high-stakes trial against OpenAI, accusing the artificial intelligence firm and its CEO Sam Altman of abandoning the organisation’s founding nonprofit mission in favour of commercial interests.Reports claim that the case in a federal court in Oakland centres on Musk’s claim that OpenAI deviated from its original goal of developing safe AI for the benefit of humanity and instead evolved into a profit-driven entity compe…

New Delhi, April 27 (IANS) Elon Musk and Sam Altman — once allies in building what they envisioned as a nonprofit safeguard against runaway AI — were set to face each other in a federal courtroom on Monday as a jury begins to decide whether Altman betrayed that founding promise by steering OpenAI toward a $852 billion commercial empire, as per reports.The trial, which opens with jury selection in Oakland, California, centres on allegations that OpenAI — co-founded in 2015 with early funding f…

New Delhi, April 26 (IANS) A shooting incident at the annual White House Correspondents’ Dinner has triggered widespread concern over political violence in the United States, with billionaire entrepreneur Elon Musk issuing a sharp reaction to the attack.Musk took to social media platform X to condemn the incident, saying it reflected a dangerous trend.“They are willing to die to kill the democratically elected president,” he wrote, referring to the shooting that disrupted the high-profile …

New Delhi, April 25 (IANS) Elon Musk, CEO of Tesla, has reportedly withdrawn fraud claims against OpenAI and its co-founders Sam Altman and Greg Brockman, narrowing the scope of his lawsuit on the eve of trial.As per reports, Yvonne Gonzalez Rogers, a US court judge, has allowed Musk to streamline the case, leaving just two claims, unjust enrichment and breach of charitable trust, out of the 26 included in his November 2024 complaint.Jury selection is scheduled to begin on Monday in a federal co…

Mumbai, April 23 (IANS) US automaker Tesla reported higher revenue and profit year‑on‑year in Q1 CY2026, buoyed by higher average vehicle prices, services and rise in subscriptions to its full self‑driving (supervised) system.The electric‑vehicle maker said revenue rose to $22.38 billion in the quarter, up 16 per cent from $19.3 billion in previous year, while automotive revenue increased to $16.2 billion from $13.96 billion in the same period of 2025. The auto manufacturer reported net …