Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter – Electrek

Elon Musk has made a bizarre statement in which he appears to complain about his smaller stake in Tesla and said that he prefers building products elsewhere unless he gets a bigger stake in the company.

The statement is particularly bizarre when you consider the fact that he himself recently sold tens of billions of dollars worth of Tesla stock to buy a grossly overpriced Twitter.

Theres currently some talk, mainly from Musk fans, about Tesla putting together a new CEO compensation package for him.

Musk completed his last CEO compensation plan, which awarded him millions of Tesla shares worth billions of dollars and made him the richest man in the world.

Ironically, the talks about a new CEO compensation package came just as Tesla slashed its own employee stock option plan.

While most commentators dont seem opposed to Musk having a new reasonable compensation package, the consensus is that since Musk owns 411 million shares in Tesla, representing about 13% of the outstanding shares, thats plenty of incentives for him to perform as CEO.

However, Musk responded to this argument with the following:

Musk claims that he wants more shares in Tesla to have more influence on the companys AI and robotics endeavors:

I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I cant be overturned. Unless that is the case, I would prefer to build products outside of Tesla.

The CEO of Tesla is claiming here that he prefers to build products outside of the company because he doesnt have a big enough stake in it.

Its important to note that Musk used to have a much bigger stake in Tesla before his botched acquisition of Twitter.

For those who dont remember the whole debacle, 2021-2022 were an interesting few years for Musks Tesla ownership.

It all started whenMusk said he would sell 10% of his stake in Teslaif a Twitter poll would agree, which it unsurprisingly did.

The CEO framed the idea as pressure from the media and politicians about the rich not paying taxes on unrealized gains. He said that he would voluntarily set himself up to have the biggest tax bill in US history.

However, Musk wasnt as vocal about the fact that he was facing a giant tax bill regardless of his sale of shares, due to a large number of stock options he needed to exercise from his previously mentioned massive CEO compensation plan.

The CEO then used the proceeds from selling his Tesla shares to invest a few billions into Twitter.

He later agreed to buy Twitter and take it private for $44 billion. Musk quickly backed out of the deal despite it being signed. Twitter sued him to force him to go through with the deal, which he ultimately did.

But to pay for the acquisition, he had to sell tens of billions of dollars worth of Tesla stock, which resulted in a significant crash in the stock price.

He even told Tesla shareholders that he would stop selling shares, but then sold more anyway.

Update: Musk added that the only reason he doesnt have a new compensation plan is due to Tesla waiting for the decision in a court case brought on by shareholders over his prior compensation plan being too excessive, according to the complaint.

Following a separate lawsuit, Musk and Teslas board agreed to return over $700 million to the company over excessive board compensation.

This is Elon setting the stage for another wild compensation package. I bet that the board is already discussing it.

But honestly, I dont get how he can even be CEO of Tesla at this point.

Theres a clear conflict of interest. He has repeatedly claimed recently that Tesla is an AI/robotics company and he started a separate new AI startup.

Now, he is straight up saying that he prefers building new AI products at that startup rather than Tesla because he has more control (larger ownership stake) over that startup.

Is this a clear conflict of interest, or am I missing something?

And regardless of that, are we to believe that Elon wants a bigger stake in Tesla to have more influence over AI or because he wasted his Tesla shares on an overpriced Twitter?

Only he knows the truth and we all know that the truth is only on X:

I have my doubts. But I have more than doubts and complaints this time. I have a solution.

Tesla shareholders should give Elon a new CEO compensation plan. 1 million TSLA shares per year, but theres a catch. Every time he tweets something dumb, you take away 10,000 shares. There you go. The most efficient CEO compensation to create shareholder value. You are welcome.

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Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter - Electrek

Starlink Mini Dish Coming Later This Year, Elon Musk Says – PCMag

SpaceX CEO Elon Musk says a portable version of Starlink is set to arrive in the coming months.

Well be introducing the Starlink mini later this year, which can fit in a backpack, he said in a speech to SpaceX employees.

On Friday, SpaceX took to Twitter/X to post Musks speech, which provided an update on the companys businesses, including the progress in expanding Starlink, its satellite internet service.

Back in September, the FCC approved SpaceXs application to operate the Starlink mini dish, which is supposed to be the size of a MacBook. But the company had been quiet about the product until now.

No pricing, specs, or image were provided. But Musk said the model will be "pretty cool for anyone who wants a very portable Starlink.

In his speech, Musk also talked about the companys next-generation standard Starlink dish, which the company began inviting users to order in November. The hardware itself costs $599, the same price as the current second-generation dish. However, Musk signaled that the new Standard dish costs less for SpaceX to manufacture.

Weve now shipped our next-gen hardware. Thats version four of the user terminal. So that allows us to lower the cost of Starlink, he said.(Meanwhile, users have told PCMag the next-generation dish seems to excel at delivering more consistent higher download speeds and better upload rates.)

(Credit: SpaceX)

Previously, a single Starlink dish cost $3,000 to produce, but the company has been steadily driving down the manufacturing costs. This has involved opening a new Starlink factory in Texas, which Musk referred to in his speech.

The companys other major goal is to operate a cellular version of Starlink that can beam data to phones on the ground, giving a way for consumers to digitally communicate even in the most remote regions. On Thursday, SpaceX demonstrated that the technology works, successfully relaying text messages from a batch of newly launched Direct to Cell Starlink satellites to unmodified phones on the ground.

(Credit: SpaceX)

In his speech, Musk said the cellular Starlink system is designed to supply about 7Mbps per cell. And the cells are hundreds of square miles, kilometers in size. So its good for text messages, he said. You could technically do video if youre the only one, or if theres only a few people in that cell, like if youre in the middle of the Pacific.

The company plans on launching the cellular Starlink service through T-Mobile later this year to support text messages. Voice and data support are scheduled to arrive later in 2025. However, SpaceX is still waiting for FCC approval to operate the service commercially in the US.

As for the regular Starlink service, Musk said a major goal is to reduce the systems latency to under 20 milliseconds. To do so, the company is building more gateway stations connected to fiber networks on the ground. These ground stations can then beam the high-speed internet to Starlink satellites in orbit.

(Credit: SpaceX)

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Futures Fall; Elon Musk Makes This Tesla Threat – Investor’s Business Daily

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Why Casey Left Substack, Elon Musk and Drugs, and an A.I. Antibiotic Discovery – The New York Times

Listen and follow Hard Fork Apple | Spotify | Amazon | YouTube

Casey is taking his newsletter Platformer off Substack, as criticism over the companys handling of pro-Nazi content grows. Then, The Wall Street Journal spoke with witnesses who said that Elon Musk had used LSD, cocaine, ecstasy and psychedelic mushrooms, worrying some directors and board members of his companies. And finally, how researchers found a new class of antibiotics with the help of an artificial intelligence algorithm used to win the board game Go.

Todays guests:

Kirsten Grind, enterprise reporter for The Wall Street Journal

Felix Wong, postdoctoral fellow at M.I.T. and co-founder of Integrated Biosciences

Additional Reading:

Hard Fork is hosted by Kevin Roose and Casey Newton and produced by Davis Land and Rachel Cohn . The show is edited by Jen Poyant. Engineering by Alyssa Moxley and original music by Dan Powell, Marion Lozano, Diane Wong and Pat McCusker . Fact-checking by Mary Mathis.

Special thanks to Paula Szuchman, Pui-Wing Tam, Nell Gallogly, Kate LoPresti and Jeffrey Miranda.

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Why Casey Left Substack, Elon Musk and Drugs, and an A.I. Antibiotic Discovery - The New York Times

Elon Musk’s recent all-hands meeting at SpaceX was full of interesting news – Ars Technica

Enlarge / Elon Musk, SpaceX's founder and CEO, recently held an all-hands meeting with employees at the company's Starbase facility in South Texas.

SpaceX

Last year was unquestionably the best year in SpaceX's history, CEO Elon Musk told his employees during an all-hands meeting in South Texas last week.

There were 96 flights of SpaceX's Falcon 9 and Falcon Heavy rockets, plus the first two test flights of the enormous new Starship rocket. In 2024, SpaceX said it aims for more than 140 launches of the Falcon rocket family. There may be up to 10 Starship test flights this year, according to the NASA official who manages the agency's contract with SpaceX to develop Starship into a human-rated Moon lander.

SpaceX posted a video late Friday on the social media platform X of Musk's all-hands meeting at the Starbase launch facility near Brownsville, Texas. The hour-long video includes Musk's comments on SpaceX's recent accomplishments and plans, but the video ends before employees ask questions of their boss.

While it would be nice to see space reporters get more opportunities to question Musk about SpaceX, it's good to see the company sharing these kinds of videos. Musk has presented several formal updates on Starship in the pastin person and virtualand taken questions from reporters and space enthusiasts.

Nevertheless, the recent all-hands meeting included significant updates on Starship and other SpaceX programs. We now know a little more about what happened at the end of an otherwise successful Starship test flight from South Texas in November, preventing the rocket from achieving its planned trajectory. And Musk talked about what we can expect in upcoming Starship test flights.

He also touched on the records set by SpaceX's workhorse Falcon rocket family this year. Until Starship is fully operational, Falcon 9 and Falcon Heavy will keep flying. SpaceX has launch contracts for both rockets into the late 2020s.

Musk said SpaceX is working on extending the life of Falcon 9's reusable first-stage boosters. Originally, SpaceX said each Falcon 9 booster could fly up to 10 times without a major overhaul. Some Falcon 9s have now flown almost twice that number of missions.

Weve done a 19th re-flight," Musk said. "Were now qualifying Falcon 9 to be able to do 40 flights, and were aiming for maybe as much as 150 flights this year."

Ramping up the launch cadence will require SpaceX to increase factory throughout to produce more Falcon 9 second stages, which are only used once. And SpaceX will need to get even better at turning around its Falcon 9 launch pads between missions

"Were aiming to hopefully, I think, get under 24 hours pad turnaround by the end of this year," Musk said.

Perhaps the most interesting part of Musk's presentation centered on Starship.

Starship's second full-scale test flight on November 18 surpassed SpaceX's goals going into the launch. Musk said the primary objective was to get the rocket past staging, a milestone just shy of three minutes into the flight when Starship's upper stage separated from its Super Heavy booster.

Getting to that point, the Super Heavy booster's 33 Raptor engines all worked, apparently flawlessly, then Starship's upper stage lit its six Raptor engines to continue the climb into space.

The Super Heavy booster exploded moments later as it began a boost-back burn to guide itself toward a controlled splashdown in the Gulf of Mexico. This was a secondary objective, but SpaceX engineers will have to correct this issue before it can recover and reuse a Super Heavy booster.

Starshipthe rocket's upper stagecontinued flying until around eight minutes into the flight, when it broke apart in space over the Gulf of Mexico. This happened less than 30 seconds before Starship's engines were supposed to cut off, when the vehicle would have accumulated enough velocity to reach its planned trajectory, taking it most of the way around the world. If everything went perfectly, the ship would have reentered the atmosphere and splashed down near Hawaii.

Musk didn't discuss what happened with the Super Heavy booster on the November flight, but he said Starship disintegratedduring a liquid oxygen vent late in its burn. The Raptor engines consume liquid oxygen and methane as propellants.

Flight 2 actually almost made it to orbit," Musk said. "The reason that it actually didnt quite make it to orbit was we vented the liquid oxygen, and the liquid oxygen ultimately led to a fire and an explosion.We wanted to vent the liquid oxygen because we normally wouldnt have that liquid oxygen if we had a payload. Ironically, if it had a payload, it would have reached orbit.

SpaceX

Musk didn't offer any more details about the liquid oxygen vent but said he thinks SpaceX has a "really good shot of reaching orbit" on the next Starship test flight. This third full-size Starship test flight is likely weeks away. Jessica Jensen, SpaceX's vice president of customer operations and integration, said in a NASA teleconference last week that SpaceX aims to have hardware for the next Starship launch ready this month.

She said SpaceX anticipates getting a commercial launch license from the Federal Aviation Administration in February. SpaceX launched its first two Starship test flights within a few days of receiving its FAA license.

SpaceX introduced numerous changes to the Starship design between its first and second flights last year, including a water deluge system at the launch pad, a redesigned stage separation technique, and replacing hydraulic thrust vector controls with an electrically driven engine steering system.

"With Flight 1, the goal was not to blow the pad up and ideally get some distance, which we did," Musk said. "With Flight 2, it was to get past staging, so we achieved the goal of getting past staging and almost to orbit."

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Elon Musk's recent all-hands meeting at SpaceX was full of interesting news - Ars Technica

Do You Know An HBCU Grad? Elon Musk Feels Some Type of Way About Them… – The Root

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Updated as of 1/8/2024 at 3:30 p.m. ET

Sheesh, eyes wide with his face hidden underneath a full mesh mask resembling a dog-muzzle and in restraint gloves, Deobra Redden was escorted in the courtroom by six court officers to finally receive his sentencing after violently interrupting his previous hearing. - Kalyn Womack Read More

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Do You Know An HBCU Grad? Elon Musk Feels Some Type of Way About Them... - The Root

Civil Rights Groups Slam Comments By Elon Musk Claiming Diversity Efforts Make Flying Less Safe – Essence

Elon Musks comments on efforts by United Airlines and Boeing to diversify their workforces have drawn swift criticism from major civil rights organizations.

Musk claimed, without evidence, that the efforts of those airlines to hire nonwhite pilots and factory workers have made air travel less safe.

Marc Morial, president and CEO of the National Urban League, called Musks statements abhorrent and pathetic. Morial pointed out that Tesla, where Musk is CEO, is facing a lawsuit from the Equal Employment Opportunity Commission (EEOC) for alleged abuse of Black employees, including racial slurs and nooses found in the workplace.

Musks company not only refused to investigate complaints or take any steps to end the abuse, it viciously retaliated against employees who complained or opposed the abuse, Morial told NBC News, citing allegations from the suit. The only thing anyone needs to hear from Musk about diversity in the workplace is an apology, he said.

NAACP President and CEO Derrick Johnson responded to Musk on X, stating that the real danger comes from Musks own social media site, accusing it of providing a platform for hate speech and white supremacist conspiracy theories. Johnson emphasized the importance of diversity, equity, and inclusion (commonly referred to as DEI) for cultivating a more inclusive society.

Reminder to @elonmusk: providing a home for the proliferation of hate speech and white supremacist conspiracy theories kills people. Diversity, Equity, and Inclusion cultivate a more inclusive society, Johnsonwrote.

They are not the same. We are not the same, he added.

Musks comments on airline safety came after a panel blew off a Boeing jet while in flight. Musk began discussing the topic on X in response to a user who speculated that the IQ scores of United Airlines pilots from Historically Black Colleges and Universities (HBCUs) were somehow lower than the average IQ of Air Force pilots.

He criticized programs promoting diversity, equity, and inclusion, suggesting that it would take a plane crash with hundreds of casualties to change such policies.

Do you want to fly in an airplane where they prioritized DEI hiring over your safety? That is actually happening, Musk wrote.

Its important to note that commercial aviation is the safest it has ever been, with a record low number of accidents and fatalities in 2023, according to Dutch air-safety groupTo70. However, near-collisions at US airports remain a source of concern,reports NBC News.

According to the news outlet, neither United nor Boeing have commented on Musks claims.

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Civil Rights Groups Slam Comments By Elon Musk Claiming Diversity Efforts Make Flying Less Safe - Essence

The Twitter CEO ousted by Elon Musk has resurfaced with an AI startup – Quartz

Parag Agrawal spent 11 months at the helm of Twitter, now known as X. Photo: Brendan McDermid ( Reuters )

Parag Agrawal, who was briefly CEO of Twitter before Elon Musk took over the social media platform, has reportedly raised about $30 million in funding for an AI startup.

Is the Apple Heart the next great innovation? | Whats next for Apple?

His company is building software for developers of large language models (LLMs), according to The Information, which cites unnamed sources. LLMs power generative AI tools like ChatGPT.

Agrawals AI venture marks the start of a new journey for him. After joining Twitter in 2011, he served as a software engineer before being promoted to chief technology officer and replacing Jack Dorsey as CEO. He then spent 11 tumultuous months at the helm before being ousted after Elon Musk closed the $44 billion acquisition of Twitter, now known as X, in April 2022.

Agrawal is yet another tech executive to jump on the bandwagon of pivoting to AI as venture capital keeps flowing into the space. For example, former Twitter board chair Bret Taylor was named chairman of the new OpenAI board late last year. Even X boss Musk has launched his own AI startup, xAI.

This rush by tech execs comes as global funding for AI startups hit nearly $50 billion in 2023, up 9% from the previous year, according to market research firm Crunchbase. Leading players OpenAI, Anthropic, and Inflection collectively raised $18 billion last year. AI is still a bright spot for launching a new company, even as overall startup funding remains lackluster.

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The Twitter CEO ousted by Elon Musk has resurfaced with an AI startup - Quartz

Elon Musk expresses concern over FAA’s focus on DEI – Washington Examiner

Billionaire Elon Musk has directed his attention to the Federal Aviation Administrations focus on diversity, equity, and inclusion, stating Monday morning that he could not believe this is happening.

Musk, who has spoken out against the DEI movement recently, shared a story on social media that revealed the FAA is seeking to hire people withsevere intellectual disabilities. Among these disabilities defined by the FAA include those involving hearing, sight, partial or complete paralysis, and epilepsy.

Just had a conversation with some smart people could not believe this is happening, Musk wrote on X, his social media platform once known as Twitter.

Musks concerns about the FAAs use of DEI in its hiring comes about a week after a Boeing 737 Max 9, operated byAlaska Airlines, had a piece of it blown off during its takeoff. The government is currently investigating what caused the piece to blow off from the plane.

A social media user responding to Musk suggested how catastrophic DEI could be when hiring people in the medical industry, with the user suggesting people could DIE due to DEI. Musk agreed, responding yes to the hypothetical scenario.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Musk has made himself a vocal critic of DEI over the past few weeks, stating Monday that discrimination based on anything other than merit is wrong. He also argued last week thatDEI discriminatesagainstpeople based on their race and that DEI itself is both immoral and illegal.

Other billionaires who have recently voiced their opinions against DEI include hedge fund billionaire Bill Ackman, Lululemon founder Chip Wilson, and 2024 Republican presidential candidate Vivek Ramaswamy.

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Elon Musk expresses concern over FAA's focus on DEI - Washington Examiner

Elon Musk Accused of Promoting QAnon in Latest Leftwing Fit of Rage …

Progressivism is one long fit of rage, constantly pushing toward the most absurd reaction to any given situation, and Elon Musk is currently its top target.

And because progressivism is one escalation after another, it was just a matter of time before Musk was connected to QAnon. It all started with a fairly innocuous tweet encouraging people to follow a rabbit emoji (i.e. the white rabbit). Then Caroline Orr Bueno, who studies disinformation and has half a million followers, showed up with this banger.

Apparently, they just give out doctorates like candy these days. The surest sign you are dealing with a deranged individual, though, is the fact that Bueno is a behavioral scientist living off the teat of academia. Thats an environment ripe for smelling ones own farts to the point of conspiratorial delusion.

Does anyone see an explicit call to follow QAnon in Musk posting a bunny emoji? If you dont, thats because one doesnt exist. Still, Beuno soldiered on into the bowels of QAnon trolling to find a few posts that confirm her priors.

That seems like a few less than 120 million people, but I dont have a doctorate in mathematics to know for sure. So are the above posts indicative of anything but a tiny number of people who like to troll left-wing academics? Nah, but Beuno thinks shes cracked the case, and thats the real entertainment value here. Over-educated individuals who have convinced themselves that their brilliance reveals a monster under every bed. You are just too much of a rube to see them.

In actuality, the opposite is true. Bueno isnt smart. Rather, shes so vapid as to have no possible argument outside of the most extreme, baseless interpretation. It couldnt possibly be that Musk has seen the Matrix or that hes a fan of Jefferson Airplane. No, its got to be that hes secretly QAnon, pushing his followers to join a domestic terrorist group.

Thats the same dynamic that leads the left to accuse those on the right of being nazis. Its beyond their mental capacity to argue for their policies in an affirmative manner. Instead, they fall on the lazy trope of comparing their opponents to genocidal maniacs because thats all they can come up with. They dont want to bear any scrutiny of their own positions so they attempt to simply disqualify the other side from consideration.

As to what Musk was actually talking about? Far from promoting QAnon, he was making a cryptic reference to a Twitter account that provided some stats on lockdowns and COVID-19 deaths. Reality is so much more boring than the leftwing mind.

I dont know what Musk will end up making off Twitter monetarily in the long run, but whatever it is, it will have been worth it. No man since Donald Trump has managed to cause the left more consternation, and that feels like a pretty good value.

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Ex-Twitter Executive: Elon Musk Is Putting Us In Harms Way By …

Twitters former head of trust and safety claimed Friday night that Twitter CEO Elon Musk was putting peoples lives in danger by revealing internal company documents showing how employees censored conservatives and a negative news story about then-presidential candidate Joe Bidens son.

Yoel Roth, Twitters former Sr. Director, Head of Trust & Safety, complained about Musks decision to release internal company communications through journalist Matt Taibbi about the companys censorship of the New York Posts Hunter Biden laptop story during the 2020 presidential election.

Taibbi tweeted out screenshots showing that company officialswere in regular contact with Democrats and censored content that Democrats wanted removed.

Publicly posting the names and identities of front-line employees involved in content moderation puts them in harms way and is a fundamentally unacceptable thing to do, Roth posted on Mastodon.

Musk said that he decided to release the information because it was necessary to restore public trust in the platform after it censored the Hunter Biden story.

One of the tweets published by Taibbi showed that Democrats flagged content from conservative actor James Woods to Twitters content moderation team for removal.

Woods joined Fox News host Tucker Carlson as Taibbi was releasing the internal information from Twitter.

Ive been a target of these people for six years. They have destroyed my career, Woods said. They have destroyed my livelihood. Theyve destroyed my faith in this country that my family has defended in the military since the Revolutionary War.

I can guarantee you one thing, more than anything else youll ever hear in your life, I will be getting a lawyer. I will be suing the Democratic National Committee. No matter what, whether I win or lose, I am going to stand up for the rights of every American, he said. Im not a celebrity, Im hardly recognizable anymore because my career has been destroyed by these very people.

If I have to be the flag-bearer for this, then so be it. Ill be proud to do it, Woods added.The government of the United States conspired to take my free speech and throw it in the gutter. And theres something that they should fear more than anything they have ever imagined in their wildest dreams. The most dangerous man, these corrupt, vile vermin is an American, whos not afraid of him, and Joe Biden, and all those rats who work with you at the DNC, to close down my speech, I am not afraid of you. And Im coming for you.

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Ex-Twitter Executive: Elon Musk Is Putting Us In Harms Way By ...

Serena Williams Husband Alexis Ohanian Targets Elon Musk as He Dishes Out Physics-Based Advice to the Controversial CEO – EssentiallySports

Serena Williams Husband Alexis Ohanian Targets Elon Musk as He Dishes Out Physics-Based Advice to the Controversial CEO  EssentiallySports

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Serena Williams Husband Alexis Ohanian Targets Elon Musk as He Dishes Out Physics-Based Advice to the Controversial CEO - EssentiallySports

AOC Says Her Twitter Account Broke After She Made Fun of Elon Musk

Another day, another Elon Musk feud on Twitter — except now, he's the owner of the social network, and he's beefing with AOC.

Latest Feud

Another day, another Elon Musk feud on Twitter — except now, he's the owner of the social network, and he's beefing with a sitting member of Congress.

The whole thing started innocently enough earlier this week, when firebrand Rep. Alexandria Ocasio-Cortez (D-NY, and better known by her initials, "AOC") subtweeted the website's new owner.

"Lmao at a billionaire earnestly trying to sell people on the idea that 'free speech' is actually a $8/mo subscription plan," the New York Democratic Socialist tweeted in a post that, upon Futurism's perusal, appeared to load only half the time.

Sweat Equity

Not one to be shown up, Musk later posted a screenshot of an AOC-branded sweatshirt from the congressperson's website, with its $58 price tag circled and an emoji belying the billionaire's alleged affront at the price.

In response, Ocasio-Cortez said she was proud her sweatshirts were made by union labor, and that the proceeds from their sales were going to fund educational support for needy kids. She later dug in further, noting that her account was "conveniently" not working and joking that Musk couldn't buy his way "out of insecurity."

Yo @elonmusk while I have your attention, why should people pay $8 just for their app to get bricked when they say something you don’t like?

This is what my app has looked like ever since my tweet upset you yesterday. What’s good? Doesn’t seem very free speechy to me ? pic.twitter.com/e3hcZ7T9up

— Alexandria Ocasio-Cortez (@AOC) November 3, 2022

Bricked

To be clear, any suggestion that Musk personally had anything to do with any Twitter glitches on AOC's part would seem ludicrously petty. But then again, this is a guy who once hired a private detective to investigate a random critic.

Occam's razor, though, suggests that it was probably AOC's mega-viral tweet that broke the site's notoriously dodgy infrastructure. Of course, that's not a ringing endorsement of the site that Musk just acquired for the colossal sum of $44 billion.

More on Twitter: Twitter Working on Plan to Charge Users to Watch Videos

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AOC Says Her Twitter Account Broke After She Made Fun of Elon Musk

Twitter Working on Plan to Charge Users to Watch Videos

According to an internal email obtained by The Washington Post, Musk wants to have Twitter charge users to view videos posted by content creators.

Now that Tesla CEO Elon Musk has taken over Twitter, the billionaire has been frantically shuffling through ambitious plans to turn the ailing social media platform into a revenue-driving business.

Case in point, according to internal email obtained by The Washington Post, Musk is plotting for Twitter to charge users to view videos posted by content creators and take a cut of the proceeds — a highly controversial idea that's already been met with internal skepticism.

The team of Twitter engineers has "identified the risk as high" in the email, citing "risks related to copyrighted content, creator/user trust issues, and legal compliance."

In short, Musk is blazing ahead with his infamously ambitious timelines — a "move fast and break things" approach that could signify a tidal change for Twitter's historically sluggish approach to launching new features.

Musk has already made some big structural changes to Twitter, having fired high-up positions at the company and dissolved its board of directors.

The company will also likely be facing mass layoffs, according to The Washington Post.

The new feature detailed in the new email, which is being referred to as "Paywalled Video," allows creators to "enable the paywall once a video has been added to the tweet" and chose from a preset list of prices, ranging from $1 to $10.

"This will also give Twitter a revenue stream to reward content creators," Musk tweeted on Tuesday, adding that "creators need to make a living!"

But whether Twitter users will be willing to pay for stuff that was previously free remains anything but certain.

Musk has already announced that he is planning to charge $8 a month for Twitter users to stay verified, which has been met with derision.

The billionaire CEO is facing an uphill battle. Now that the company is private, he has to pay around $1 billion in annual interest payments, a result from his $44 buyout, according to the WaPo.

Compounding the trouble, Reuters reported last week that Twitter is bleeding some of its most active users.

Meanwhile, Musk's chaotic moves are likely to alienate advertisers, with the Interpublic Group, a massive inter-agency advertising group, recommending that its clients suspend all paid advertising for at least the week.

That doesn't bode well. It's not out of the question that a paywalled video feature may facilitate the monetization of pornographic content, which may end up scaring off advertisers even further — but Twitter's exact intentions for the feature are still unclear.

According to Reuters, around 13 percent of the site's content is currently marked not safe for work (NSFW).

It's part of Musk's attempt to shift revenue away from advertising on the platform. In a tweet last week, he promised advertisers that Twitter wouldn't become a "free-for-all hellscape."

But that hasn't stopped advertisers from already leaving in droves.

All in all, a paywalled video feature could mark a significant departure for Twitter, a platform still primarily known for short snippets of text.

For now, all we can do is watch.

READ MORE: Elon Musk’s Twitter is working on paid-video feature with ‘high’ risk [The Washington Post]

More on Twitter: Elon Musk Pleads With Stephen King to Pay for Blue Checkmark

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Twitter Working on Plan to Charge Users to Watch Videos

Manslaughter Case Has a Strange Twist: Tesla That Killed Couple Was on Autopilot

A court case is about to kick off in Los Angeles later this month, involving a fatal crash caused by a Tesla vehicle, which was on Autopilot.

A provocative manslaughter case is about to kick off in Los Angeles later this month, involving a fatal crash caused by a Tesla vehicle that had the company's controversial Autopilot feature turned on.

It's the first case of its kind, and one that could set a precedent for future crashes involving cars and driver-assistance software, Reuters reports.

We won't know the exact defense until the case gets under way, but the crux is that the man who was behind the wheel of the Tesla is facing manslaughter charges — but has pleaded not guilty, setting up potentially novel legal arguments about culpability in a deadly collision when, technically speaking, it wasn't a human driving the car.

"Who's at fault, man or machine?" asked Edward Walters, an adjunct professor at the Georgetown University, in an interview with Reuters. "The state will have a hard time proving the guilt of the human driver because some parts of the task are being handled by Tesla."

The upcoming trial is about a fatal collision that took place in 2019. The crash involved Kevin George Aziz Riad, who ran a red light in his Tesla Model S, and collided with a Honda Civic, killing a couple who were reportedly on their first date.

According to vehicle data, Riad did not apply the brakes but had a hand on the steering wheel. Perhaps most critically, though, the Tesla's Autopilot feature was turned on in the moments leading up to the crash.

Riad is facing manslaughter charges, with prosecutors arguing his actions were reckless.

Meanwhile, Riad's lawyers have argued that he shouldn't be charged with a crime, but have so far stopped short of publicly placing blame on Tesla's Autopilot software.

Tesla is not directly implicated in the upcoming trial and isn't facing charges in the case, according to Reuters.

A separate trial, however, involving the family of one of the deceased is already scheduled for next year — but this time, Tesla is the defendant.

"I can't say that the driver was not at fault, but the Tesla system, Autopilot, and Tesla spokespeople encourage drivers to be less attentive," the family's attorney Donald Slavik told Reuters.

"Tesla knows people are going to use Autopilot and use it in dangerous situations," he added.

Tesla is already under heavy scrutiny over its Autopilot and so-called Full Self-Driving software, despite conceding that the features "do not make the vehicle autonomous" and that drivers must remain attentive of the road at all times.

Critics argue that Tesla's marketing is misleading and that it's only leading to more accidents — not making the roads safer, as Tesla CEO Elon Musk has argued in the past.

In fact, a recent survey found that 42 percent of Tesla Autopilot said they feel "comfortable treating their vehicles as fully self-driving."

Regulators are certainly already paying attention. The news comes a week after Reuters revealed that the Department of Justice is investigating Tesla over Autopilot.

Last year, the National Highway Traffic Safety Administration (NHTSA) announced an investigation of accidents in which Teslas have smashed into emergency response vehicles that were pulled over with sirens or flares.

This month's trial certainly stands the chance of setting a precedent. Was Riad fully at fault or was Tesla's Autopilot at least partially to blame as well?

The answer now lies in the hands of a jury.

READ MORE: Tesla crash trial in California hinges on question of 'man vs machine' [Reuters]

More on Autopilot: Survey: 42% of Tesla Autopilot Drivers Think Their Cars Can Drive Themselves

The post Manslaughter Case Has a Strange Twist: Tesla That Killed Couple Was on Autopilot appeared first on Futurism.

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Manslaughter Case Has a Strange Twist: Tesla That Killed Couple Was on Autopilot

Elon Musk Meeting With Advertisers, Begging Them Not to Leave Twitter

Advertisers are fleeing Twitter in droves now that Tesla CEO Elon Musk has taken over control. Now, he's trying to pick up the pieces and begging them to return.

Advertisers are fleeing Twitter in droves now that Tesla and SpaceX CEO Elon Musk has taken over control.

Ever since officially closing the $44 billion deal, Musk has been busy gutting the company's executive suite and dissolving its board. Senior executives, as well as Twitter's advertising chief Sarah Personette, have departed as well.

After all, Musk has been very clear about his disdain for advertising for years now.

The resulting uncertainty has advertisers spooked — major advertising holding company IPG has already advised clients to pull out temporarily — and the billionaire CEO is in serious damage mode.

Now, Reuters reports, Musk is spending most of this week meeting with advertisers in New York, trying to reassure them that Twitter won't turn into a "free-for-all hellscape."

According to one of Reuters' sources, the meetings have been "very productive" — but plenty of other marketers are far from satisfied.

Advertisers are reportedly grilling Musk over his plans to address the rampant misinformation being spread on the platform, a trend that Musk himself has been actively contributing to since the acquisition.

And if he's succeeding in ameliorating advertisers in private, he's antagonizing them publicly. On Wednesday, Musk posted a poll asking users whether advertisers should support either "freedom of speech," or "political 'correctness'" — a type of false dichotomy that echoes the rhetoric of far-right conspiracy theorists and conservative pundits.

"Those type of provocations are not helping to calm the waters," an unnamed media buyer told Reuters.

Some are going public with the same sentiment.

"Unless Elon hires new leaders committed to keeping this 'free' platform safe from hate speech, it's not a platform brands can/should advertise on," Allie Wassum, global media director for the Nike-owned shoe brand Jordan, wrote in a LinkedIn post.

So far, Musk's plans for the social media platform remain strikingly muddy. In addition to the behind-the-scenes advertising plays, he's also announced that users will have to pay to retain their verification badge, though he's engaged in a comically public negotiation as to what the cost might be.

He's also hinted that previously banned users — former US president Donald Trump chief among them — might eventually get a chance to return, but only once "we have a clear process for doing so, which will take at least a few more weeks."

The move was seen by many as a way to wait out the impending midterm elections. After all, Twitter has played a huge role in disseminating misinformation and swaying elections in the past.

While advertisers are running for the hills, to Musk advertising is clearly only a small part of the picture — even though historically, social giants like Twitter have struggled to diversify their revenue sources much beyond display ads.

Musk nodded to that reality in a vague open letter posted last week.

"Low relevancy ads are spam, but highly relevant ads are actually content!" he wrote in the note, addressed to "Twitter advertisers."

Big picture, Twitter's operations are in free fall right now and Musk has yet to provide advertisers with a cohesive plan to pick up the pieces.

While he's hinted at the creation of a new content moderation council made up of both "people from all viewpoints" and "wildly divergent views," advertisers are clearly going to be thinking twice about continuing their business with Twitter.

With or without advertising, Twitter's finances are reportedly in a very deep hole. The billions of dollars Musk had to borrow to finance his mega acquisition will cost Twitter around $1 billion a year in interest alone.

The company also wasn't anywhere near profitable before Musk took over, losing hundreds of millions of dollars in a single quarter.

Whether that picture will change any time soon is as unclear as ever, especially in the face of a wintry economy.

But, of course, Musk has proved his critics wrong before. So anything's possible.

READ MORE: Advertisers begin to grill Elon Musk over Twitter 'free-for-all' [Reuters]

More on the saga: Elon Musk Pulling Engineers From Tesla Autopilot to Work on Twitter

The post Elon Musk Meeting With Advertisers, Begging Them Not to Leave Twitter appeared first on Futurism.

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Elon Musk Meeting With Advertisers, Begging Them Not to Leave Twitter

Elon Musk hopes for peace & respect between the U.S. and China – Teslarati

Elon Musk said that he hopes for peace and respect between the U.S. and China. His answer was in response to a question asked by a Tesla shareholder at Teslas Annual Shareholder Meeting.

One of the questions asked by Tesla shareholders via Say.com and upvoted was how is Tesla viewing the geopolitical risk between the U.S. and China. Recently, U.S. Speaker of the House of Representatives, Nancy Pelosi, took a trip to Taiwan and China isnt taking this too well.

Her visit has already affected Contemporary Amperex Technology Co. Ltd (CATL) which delayed its North American battery factory plans until September or October.

When he first saw the question, Elon jokingly asked,

Now what could possibly go wrong in answering this question?

Teslas factory in China is its largest export hub and China has been very supportive of Teslas ambitions in the nation. However, China and the U.S. are having a bit of tension as of late. While I personally dont agree with Chinas stance on a lot of things, I understand that Elon Musk and Tesla asked a very loaded question.

Let me just say that I hope for peace and respect.

One of the attendees advised Elon to move to the next question which I think was wise.

After all, he is Elon Musk and all too often, his words get twisted by those with their own agendas and narratives to spin.

Im adding my thoughts on this and I agree that peace and respect are important. I also think that this drama between the two nations (and yes, I feel its drama) hurts both nations and the people of these nations more than it does the leaders or their own egos.

At the end of the day, we all have to live our lives and these political tensions affect how we live our lives. War is, in my opinion, unnecessary and harmful. Like Elon, I too, hope for peace and respect.

Disclaimer: Johnna is long Tesla.

Id love to hear from you! If you have any comments, concerns, or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter @JohnnaCrider1

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Elon Musk hopes for peace & respect between the U.S. and China - Teslarati

Elon Musk’s Starlink Pricing Reportedly Slashed By 50% In France But There’s A Catch – Benzinga

SpaceXs Starlink high-speed satellite internet connection is now available at a bargain, Tesla North reported, citing emails from the company sent to users shared on aReddit thread.

Starlinks monthly use fee is reduced from EUR 99 ($100.64) to EUR 50, the report said. This huge reduction, however, comes with new soft data caps on bandwidth usage, as per a new fair use policy, it added.

The fair use policy stipulates that all users will continue to have unlimited data, with priority given to users consuming 250GB data or less, the report said, citing an email sent to French customers of Starlink. Those whose data usage exceeds 250GB/month may experience slower speeds during periods of network congestion.

To regain priority, these users can opt to buy additional data at EUR 10 per 100 GB, the report said.

Related Link: Elon Musk Applauds His SpaceX and Starlink Ventures Accomplishing These Feats

The new pricing and related changes will take effect from August 3 and the new fair use policy will be implemented in October.

SpaceX reportedly said in the email this pilot program will serve to connect the greatest number of people without degrading the quality of service.

The long-term payoff will be the same Starlink service at half the price, it added.

SpaceX and its subsidiaryStarlink are led by Tesla, Inc. TSLA CEO Elon Musk.

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Elon Musk's Starlink Pricing Reportedly Slashed By 50% In France But There's A Catch - Benzinga

Can you solve this brain-busting optical illusion that stumped Elon Musk? – New York Post

To solve this illusion would be a cubic feat.

Puzzle lovers are frazzling their noodles over this physics-defying optical illusion, in which stationery cubes appear to be spinning. The trick first went viral on Twitter in 2020 whereupon it notably caught the eye of Tesla boss Elon Musk the square-o-dynamic image is currently gaining traction amid the internets current optical illusion craze.

[Warning: Spoilers Below]

The visual jigsaw shows two cubes sitting in place; however, when the viewer clicks on the shapes, the screen flashes black and they appear to rotate like disco cubes. But heres the catch: the boxes were actually static the whole time.

The illusion is reportedly caused by a perception principle called the phi phenomenon, an illusion of movement created when a pair of stationary objects are placed side by side and illuminated rapidly, per the Encyclopedia Britannica.

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Unfortunately, the exact mechanism behind this optical parlor trick is yet unclear, writes the New World Encyclopedia. But most scientists believe its a physiological phenomenon rooted in the ways the brain and optic nerves communicate.

One of the most powerful motion illusions I've seen: The cubes appear to be rotating in opposite directions but they're not actually moving at all

Credit: @jagarikin pic.twitter.com/RgUFskZbZU

Nevertheless, the illusion has caused a stir on social media and not just among the hoi polloi: Even SpaceXs Elon Musk was impressed with the corneal confuser, notably replying Wow to a tweet detailing the illusion in 2020.

There have also been numerous variations on the moving cube trick, including one posted in May by a Japanese illusion aficionado who goes by Jagarikin on social media. In it, the illusion of movement is created by the fact that theyre situated on a pinwheeling black-and-white circle.

In the realm of illusory motion, few images compare to this purple-and-yellow pattern shared last month, which looks as though its both three-dimensional and moving, but is, in fact, stationary and flat.

Not content with merely feeling like you have the spins? Take a gander at this trippy image, which reportedly fools the viewer into thinking that they have gone colorblind.

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Can you solve this brain-busting optical illusion that stumped Elon Musk? - New York Post