Category Archives: Elon Musk

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SpaceX's Starlink satellite broadband service could soon be available on some flights via its Starlink Aviation service.

SpaceX announced its high speed, low-latency service will be available as soon as passengers walk on a flight.

SpaceX claims it can deliver "up to 350 Mbps" speeds on each plane, allowing all passengers to "access streaming-capable internet at the same time".

"With latency as low as 20 ms, passengers can engage in activities previously not functional in flight, including video calls, online gaming, virtual private networks and other high data rate activities," it says on its website.

Also: SpaceX's Starlink internet is now heading to cruise ships in 'game-changing' deal

Aviation is the fourth Starlink product, following residential, business, RVs, and maritime. SpaceX inked a deal with cruise operator Royal Caribbean to deploy Starlink across its entire fleet.

SpaceX designed an aerodynamic, low-profile receiving terminal that it shows sitting on top of an aircraft. The terminal features electronically steered phased array antenna.

"Internet in airplanes will feel same as if you were accessing Internet at home!," wrote SpaceX chief Elon Musk on Twitter.

The Starlink Aviation kit includes an Aero Terminal, power supply, two wireless access points, and harnesses. SpaceX says deliveries will start in 2023.

GoGo is one example of an air-to-ground (ATG) wireless network that some US carriers offer. In other parts of the world, it's mostly satellites that provide in-flight Wi-Fi. Viasat offers commercial airlines satellite-based, in-flight Wi-Fi. Its geostationary satellites orbit at about 22,000 miles (34,000 km) above Earth. SpaceX's now 3,000-plus Starlink low-Earth orbit satellites circle the planet at 340 miles (550 km). Per Bloomberg, Intelsat, the largest provider of in-flight services, is on about 2,000 aircraft via its satellites, with 1,000 more connected by its ATG systems.

Hawaiian Airlines in April announced a deal with SpaceX Starlink in which it would provide passengers with free connectivity in 2023 on its Airbus A330 and A321neo fleet, and its new fleet of Boeing 787-9 Dreamliner aircraft on flights to North America, Asia, and Oceania. JSX, a regional US carrier, recently trialled Starlink on a flight with a dozen people over California.

SpaceX says Starlink Aviation will have global coverage, even in polar regions. It points out that geo-stationary satellites don't cover polar regions.

The service appears to be targeted to business jets rather than commercial carriers. SpaceX notes that aircraft types currently supported for Starlink Aviation include: ERJ-135, ERJ-145, G650, G550, Falcon 2000, G450, Challenger 300, Challenger 350, Global Express, Global 5000, Global 6000, and Global 7500. The company will update its list of supported aircraft types over time.

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Elon Musk: Starlink Aviation means internet in planes will feel the same as at home - ZDNet

Elon Musk claims that he thought his ex-girlfriend of four years, Grimes, was a simulation that he created in his brain.

Appearing on a new BBC docuseries based around Elon Musk, US author Devin Gordon told filmmakers that Grimes had repeatedly told him that the SpaceX and Tesla founder thought she was not real.

She told me repeatedly that Musk has this theory of her that shes not real - that shes a simulation who was created by him and exists in his cerebral cortex as sort of the perfect companion to him, said Devin.

Read this next: Elon Musk drops music video for his self-produced house track

Which sounds a little crazy and maybe even a little creepy, except, she agrees with it. She said she does feel like this simulation who was perfectly created for him.

Devin added that the pair both made a similar nerdy joke about a scary AI theory of the future, and that her interests are all the same as his and her music is very technologically oriented.

The author speaks about their relationship in the third episode of The Elon Musk Show, a new series on BBC that documents the billionaires rise, his power and influence, controversies, and how he became the richest man on the planet.

Read this next: Elon Musk "refused" Berghain entry, criticises the Berlin club's 'peace' sign

The show also follows Musks entrepreneurial endeavors, and touches on personal points in his life, including his relationship with Grimes from 2018 to 2022.

The pair, who have two children together, broke up earlier this year claiming that busy schedules had gotten in the way of their relationship.

Grimes recently spoke out against journalists who she claimed were stalking her and her children. To the journalists who are stalking me and trying to doxx me and my kids, she said on Twitter.

Contacting all my friends and acquaintances and even anyone I interact with on social media, she continued. It gets back to me. Leave my fucking kids alone.

Gemma Ross is Mixmag's Editorial Assistant, follow her on Twitter

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Elon Musk reportedly thought Grimes was a simulation created in his brain" - Mixmag

A leading UFC lightweight contender once called out Elon Musk in the Octagon. Heres what happened after!

Beneil Dariush is not just one of the top Lightweight title contenders in UFC. He is also a family guy with a colorful imagination. And Dariush showed UFC fans exactly that after his UD win over Tony Ferguson at UFC 262.

When asked by Joe Rogan about his win, Dariush first launched into an almost mock-sympathetic statement on Marxist ideologies.

Then, on a completely different tangent and called out Elon Musk and asked him where his car was. He revealed that hed been waiting for half a year and needed the car to protect his daughter.

Clearly, Dariush went a little left field with his post-fight interview comments and left many fans in the dark. But Dariush himself was unaware of a very startling fact that he found out at the post-fight presser.

In the post-fight press conference held after UFC 262, a press attendee asked Dariush why he called out Elon Musk. Dariush explained,

December, I ordered my car. Bro, I ordered the safest car they told me, Its the best car for my pregnant wife and Im still waiting.

Elon bro, Dariush continued. Whats the deal here? You told me March. We are coming up in June. I want my car. Come on bud this is disrespect.

After Dariush was done, another press attendee asked if he was aware that Musk was his boss.

Dariush recoiled with a surprised Excuse me?

The journalist explained that the billionaire was a new member of the board of Endeavor.

However, Daruish expressed no regret saying

Im sorry but I am not sorry Elon. Im sticking with what I said. He jokingly added, Its Mr. Musk now, Not Elon.

Elon Musk did get onboard the Endeavour, an LA-based sports and entertainment conglomerate. However, after a year, he left the board. Endeavor was the only non-tech company Musk was part of.

It owns the National Hockey League and the National Football League as well as the Ultimate Fighting Championship and the Miss Universe pageant.

The company made an SEC filing on March 12 announcing Musks resignation and stating his tenure ended on June 30.

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A UFC Lightweight Title Contender Once Called Out Elon Musk in Front of Joe Rogan Only to Find Out Hes a UFC Boss! - The Sportsrush

When youre deep in among the cocktail parties and dinners or meeting up with much missed contacts at Mipcom, it might be easy to forget why youre there: the shows. To help you remember, we bring you Deadlines The Hot Ones, our guide to some of the best TV being sold in Cannes in 2022. You might have heard whispers along the Croisette about the next big global hit, and The Hot Ones is our pick of a wealth of programing, featuring some of the biggest names in television, from the top players in distribution.

Fremantle

Length: 3 x 60

Producer: 72 Films

Barely a week goes by without Elon Musk dominating the worlds media coverage.

The worlds richest man continues to intrigue the public and withThe Elon Musk Show, 72 Films, the prolific producer behind the likes ofThe Trump Showand NetflixsJimmy Savile: A Very British Horror Story, has honed in on this fascination. BAFTA Craft-winningDefending Digga Ddirector Marian Mohamed is directing with A&E in theWar Zones Jeremy Llewellyn Jones.

Fremantle is distributing the three-parter, which promises to get to the heart of who Elon Musk really is. Its set to air on the BBC next year, telling the intimate story of his journey to becoming the globes richest person and one of its most controversial.

Revealed exclusively by Deadline earlier this year,The Elon Musk Showuses extensive and unseen archive from the Tesla founders time in Silicon Valley, analyzing key moments including, most recently, the botched Twitter buyout, a saga that the producers swiftly folded into the documentary.

Angela Neillis, Fremantles SVP, Non-Scripted Content, is bullish about the shows prospects globally.

Elon Musk is undeniably fascinating, and we know that he is someone who generates a lot of media attention, she says. There are so many perceptions about Musk: Is he a tech genius? A self-important provocateur? An internet pioneer? This film delves into who the real Elon Musk is and will encourage viewers to make up their own mind about the billionaire.

Neillis is full of praise for 72 Films and thinks the indies involvement will be a boon when shopping the show to potential buyers.

Over the past few years, the company has nursed a reputation for producing thoughtful and award-winning documentaries such as BBCsRise of the Murdoch DynastyandA Dangerous Dynasty: House of Assad.

Few producers make documentaries that are as authoritative and compelling as 72, who are also known for bringing a bit of fun to their shows, she says.

Fremantle holds worldwide rights and has already struck an armful of sales across Europe and Asia, with the U.S. now the key focus, according to Neillis. She believes the shows journalistic integrity and completely universal targets will make it work on either linear or streaming platforms, many of whom will be aware of 72s reputation.

Red Bull Studios

Length: 1 x 60

Producers: Atomized Studios; Red Bull Studios

Most people will know the name Mo Farah, but virtually none will have heard of Hussein Abdi Kahin. They are, in fact, the same person, and this BBC and Red Bull Studios documentary tells the extraordinary story of how thats the case.

Farahamong Britains finest ever long-distance runners, a knight of the realm and a multiple Olympic and World championwill use the program to reveal how he was trafficked to the UK from Somaliland aged nine and forced into child labor, years before he became a beloved household name in the country.

After escaping, he had applied for British citizenship under a false name and then kept the shocking secret for more than 30 years.

We immediately knew this would be the film to lead Red Bull Studios slate of feature documentaries and unscripted series, which we will be rolling out throughout 2022 and into 2023, says Red Bull Media House Head of Partnerships and Commercial Strategy Sebastian Burkhardt.

The show documents the traumatic period when Farah, who spoke no English at the time, was forced into domestic servitude before being spotted for his incredible running talent. He visits his family village in Somaliland, where he bravely interviews his mother and twin brother.

Back in the UK, he meets several people who have kept his secret safe over the years, and returns to Londons Somali community.

Producing the film delicately, and keeping it a secret before broadcast, was objectively an incredible task, and Burkhardt notes only three people on his team knew of its content before it aired in July. BBC commissioner Emma Loach was forced to sign an NDA to just hear Atomized Studios original pitch, while Farah was talked through the potential legal ramifications of admitting his actions. Several contributors came forwards late in production, meaning editing continued until just weeks before it aired.

The resulting show performed well on BBC Two, taking 4.3 million (live +7), making it a top-five doc across all UK channels in the first half of the year. It attracted a healthy 370,000 16 to 34s and currently has 7 million views overall.

Red Bull has secured 36 deals in an initial batch of sales, meaning those interested at Mipcom should jump in quickly or risk missing out.

Abacus Media Rights

Length: 2 x 60 (1 x 90 feature also available)

Producer: BriteSpark Films

Following on from the global success of the Michael Jackson docuseriesLeaving Neverlandand the acclaim of political docFour Hours at the Capitol, Abacus Media Rights is bringing a new two-part documentary series on the life, career and alleged misdemeanors of infamous porn star Ron Jeremy to Mipcom.

TitledPorn King: The Rise & Fall of Ron Jeremy, the docuseries charts the life of Jeremy, a former leading performer in the American porn industry who successfully crossed over into the mainstream. Despite his diminutive frame, he became a porn icon who rubbed shoulders with Hollywood stars and performed in over 2,500 films. In June 2020, however, Jeremy was arrested in Los Angeles and charged with 35 counts of rape and sexual assault against 23 women.

As he awaits trial, the series digs deeper and reveals the inside story of Jeremys time in the industry with access to alleged victims, key players and archive footage.

Porn Kingfalls into this category of the shock doc space, looking at the dark side of a dark industry, says Jonathan Ford, Managing Director at Abacus. This is very much a story about a man who has walked across the boundaries of his industry and celebrity and become known as a major star: Hes appeared in everything from the SwedishCelebrity Big Brotherto Hollywood films. And while you might already think porn is a dark industry, you learn about the further abuse that was going on.

Through Jeremys story, the doc also charts how the internet has transformed the porn industry from theBoogie Nightsera of the 1980s to the contemporary world of Pornhub and OnlyFans.

Abacus holds worldwide rights on the doc, which screened on Channel 4 in the UK in August and averaged 530,000 over two nights, with further viewing likely added through streaming service All4. Sales have already been struck in the U.S., Canada, Israel and the Nordics and Abacus is next targeting key European territories, Australia, New Zealand and Latin America. The deals weve done so far have been a good mix of linear television, including some in the free environment and SVoD platforms, says Ford.

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Elon Musk, Mo Farah And Ron Jeremy Profiles: Deadlines The Hot Ones Mipcom Docs From Fremantle, Red Bull Studios And Abacus Media Rights - Deadline

The meme king, Dogecoin was created as a joke based on Doge theme comparing the speculative movement of cryptocurrencies. In early 2021 was the time when the infamous Dogecoin got its recognition as it entered the top 10 cryptocurrency. At one time the currencys market cap was positioned for more than $88 billion.

At the time of reporting, Dogecoin has dropped by 0.72% in the last 24hrs and is trading at $0.059. The immediate resistance lies at $0.065 and the support is positioned at $0.55. Since Dogecoin is trading between $0.058 and $0.060 the volatility isnt that high.

The meme currency has experienced a week long decline pointing for a strong support near $0.055, hence indicating another plunge in the days to come.

While Dogecoin trades below a major resistance of $0.085 it is a key level to watch for now. Right now bears have stood strong against pushing the DOGE above $0.08.

Currently the Relative Strength Indicator (RSI) is reading at 45 indicating that the market is neutral. The MACD (Moving Average) is at strong sell indicating a bearish zone.

On a positive note, Dogecoins global hash rate has hit a seven-month high which is around 815 TeraHashes per second (TH/s), claims Coinwarz, a hashrate mining calculator.

This indicates there is a surge in interest rate among traders and it is mainly due to Elon Musks move to buy social media giant, Twitter. After the Elon Musk Twitter deal is closed, it is expected that Tesla CEO will make a move to implement DOGE on Twitter

As per the reports, Twitter has locked its employee stock accounts which indicates that the deal might be closed soon.

Breaking @TheTerminal with @KurtWagner8 $TWTR has frozen equity awards accounts for employees on Monday as the deadline to seal a deal with Elon Musk approaches.

The move is a signal that Twitter is marching forward with the proposed deal.

Stock up around 2%

Overall there are two important events that are expected to impact Dogecoin price majorly. One is the Twitter Elon Musk Deal that is approaching for a closure and the next is Dogecoin whale turning long-term holders suggesting that traders still believe in DOGE.

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Is Dogecoin Dead? Will Elon Musks This Move Bring Life To DOGE Price - Coinpedia Fintech News

Elon Musk's concerns about an "underpopulation crisis" may not have much of a leg to stand on.

2021 saw a mini baby bump among U.S.-born mothers, according to a new working paper from the National Bureau of Economic Research (NBER). While the fertility rate declined in 2020, a small baby boom helped it bounce back beyond pre-pandemic trends by 6.2%. The mini boom resulted in a net increase of 46,000 births, the study found.

Its the first major reversal in U.S. fertility rates since the Great Recession, the NBER researchers wrote: "large enough to reverse two years of declining fertility rates." The total number of children a woman was projected to have during her lifetime dropped from 2.1 to 1.6 from 2007 to 2020, and birth rates hit a record low during the pandemic. It's all prompted some demographers and Musk to fear a demographic crisis (other experts have said the declines are nothing to worry about if our economy adapts accordingly). But the NBER researchers attribute the drop in fertility rates in 2020 to fewer births among foreign-born mothers, who couldnt travel to the U.S. during lockdown.

The researchers looked at births in the nation from 2015 to 2021 and in California from 2015 to August 2022, noting that the California data tracks "closely" with overall U.S. data. They found that this bump was most evident among first-time mothers and women under 25, leading them to believe that the pandemic sped up family planning. Indeed, spending more time at home created boredom or baby fever for some Americans; a 2020 Fortune poll found that 34% of respondents were planning to start a family earlier than expected due to the pandemic.

The bump was more pronounced for women aged 30 to 34 as well as college-educated women aged 25 to 44, the study found. The researchers suggest that the ability to maintain job security and work remotely made it easier for these demographics to have children. Recessions typically go hand in hand with declines in birth, as people tend to wait to have kids during times of economic difficulty. But the coronavirus recession ended up being different because of extra unemployment assistance from the government, the rise of remote work, and less access to abortion or reproductive care, the researchers wrote.

Story continues

U.S. fertility rates have been declining for decades, falling in line with worldwide trends. It's partly the result of economic progress, as more women push back having children to prioritize their career or decide not to have them at all. An analysis from Professor Myers for the New York Times found that birth rates were declining more in places with more career opportunities.

But children are also expensive, especially in this economy. Even though federal assistance helped households save more, inflation has bumped the cost of having one child to around $300,000. The childcare crisis has only made raising a kid even more pricey. Finances often deter individuals from having kids, the Pew Research Center finds.

As Americans dip into their savings, who knows how long the nations baby bump will last?

This story was originally featured on Fortune.com

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Turns out Elon Musk is wrong. There was a COVID-19 baby bump after all - Yahoo Finance

WILMINGTON, Del., Sept 26 (Reuters) - Billionaire Elon Musk's tendency to dish out insults while being questioned under oath will be tested anew this week, when lawyers for Twitter Inc (TWTR.N)are expected to interview the Tesla Inc (TSLA.O) CEO about his abrupt decision in July to ditch his $44 billion deal for the social media company.

Testifying in past legal battles, the world's richest person has called opposing attorneys "reprehensible," questioned their happiness and accused them of "extortion." He asked one attorney if he was working on a contingency because the lawyer's client was allegedly behind on child support payments.

"So probably you're on a contingency or you're taking that kid's money. Which is it?" Musk asked a lawyer for a whistleblower in a case against Tesla, according to a transcript of the 2020 deposition.

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The high-stakes Twitter interview is closed to the public. A court filing last week said the Musk deposition was scheduled to begin on Monday and run into Wednesday, if needed. Sources with knowledge of the deposition said Musk was not questioned on Monday and they did not know what day it would begin nor did they give a reason for the delay.

Musk's lawyers will want to keep him focused on answering questions, but that can be a challenge with such a smart and opinionated witness, said James Morsch, a corporate litigator who is not involved in the court battle.

"I would compare it to trying to hold a tiger by his tail," Morsch said.

In a 2019 deposition in litigation over Tesla's takeover of solar-panel maker SolarCity, Musk refused five times to answer one of the initial questions because of the way it was worded, the transcript shows.

"We can stare at each other until you rephrase it," Musk told opposing attorney Randall Baron, according to a transcript.

"I'll guess we'll just cancel this deposition," Baron responded. Baron suggested that he would seek an order from the judge directing Musk to answer questions, which seemed to get things moving.

Twitter declined to comment and Musk's legal team did not immediately respond to a request for comment.

Twitter's attorneys are expected to use the interview to try to show that Musk abandoned the deal due to falling financial markets and not because the company misled him about the real number of users or hid security flaws, as he alleged.

Musk wants a judge to allow him to walk away without penalty, while Twitter wants an order forcing him to buy the company for $54.20 per share. Twitter's stock ended up 0.4% at $41.58 on Friday.

A five-day trial is scheduled to begin on Oct. 17 in Wilmington, Delaware.

Dozens of depositions are scheduled in the case, including of Twitter CEO Parag Agrawal, as each side questions witnesses and gathers evidence to make its case.

Agrawal was scheduled to answer questions from Musks lawyers at a law firm in San Francisco starting at 9 a.m. local time on Monday, according to a court filing, although sources said that deposition was also postponed and did not give a reason.

Twitter co-founder and former Twitter CEO Jack Dorsey was scheduled to be deposed last week.

Musk at times has shown in his depositions the charm and wit he deploys on Twitter, where he has built a cult-like following.

The Twitter deposition atmosphere could be especially fraught. Its legal team includes the firm of Wachtell, Lipton, Rosen & Katz, and the main lawyer on the case, Bill Savitt, initially represented Musk and Tesla in the SolarCity deal, although not during discovery and depositions in the litigation.

Savitt did not respond to a request for comment.

Twitter is also represented by Wilson Sonsini Goodrich & Rosati.

A constant in the three depositions reviewed by Reuters is Musk's dislike of attorneys representing the opposing side, who he accuses of "trickery" and pursuing him merely for money.

"I heard yesterday that 3% of the U.S. economy is legal services. That's one of the saddest facts I've heard in a long time," Musk said to Baron, the lawyer in the SolarCity deposition.

The deposition in the litigation with the Tesla whistleblower, Martin Tripp, who accused the company of wasting raw materials, began with Musk being asked if he understood the oath he took to testify truthfully.

"This sounds like some sort of legalese, semantic argument. The -- what is the whole truth of something?" asked Musk, according to the transcript. "You say, 'Is that a tree? What kind of tree is it? Is it a tree with lots of leaves?' Or is -- if you're saying something is a tree is the whole truth? No, of course not."

Tripp's attorney reminded Musk that the judge warned he would oversee the deposition in person if questions weren't answered properly.

"Do you intend to comply with the judge's admonition there?" asked attorney William Fishbach.

"Of course," Musk said.

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Reporting by Tom Hals in Wilmington, Delaware; Additional reporting by Hyunjoo Jin in San Francisco; Editing by Amy Stevens and David Gregorio

Our Standards: The Thomson Reuters Trust Principles.

Thomson Reuters

Award-winning reporter with more than two decades of experience in international news, focusing on high-stakes legal battles over everything from government policy to corporate dealmaking.

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Twitter to interview Elon Musk, known for combative testimony - Reuters

Patents are for the weak retorted Elon Musk to veteran broadcaster Jay Leno while giving him a tour of SpaceX. Leno, during the latest episode of Garage, had asked Musk if he had patented his engines, which the worlds richest person described as the most advanced ever made.

Musk went further still on intellectual property, adding patents dont actually help advance things, they just stop others from following you. Theres a touch of hypocrisy here given the patent portfolios Musk has amassed for Hyperloop and Tesla.

Hes also wrong.

Its easy for Musk to dismiss the value of patents. The man and his money have established a dominant position in the space engineering sector, faced with little competition, where exclusion from the market is the absence of funding rather than patent thickets.

However, if youre a founder of a tech startup looking for funding, its a fundamentally different story and it isnt what you believe in its what others believe in that counts.

Think about it this way. IP protection and patents should be considered from the well-established maxim that the customer is always right. Often, founders will determine what technology customers need, develop it, make it, and then sell the technology to those customers.

This same logic applies to seeking investment: investors will want certainty around the protection enjoyed by innovation that theyre committing to. A successful exit is likely to turn on having IP. If youre a founder that approaches an investor without a sensible IP strategy in place, this restricts your ability to play the long game to reach a successful exit and limits your potential pool of investors along that path. Patents may well be the answer and that is not a sign of weakness.

After all, if an investor is pouring millions into your company, it only makes sense that theyd expect the innovation to be protected. Its not just a game either. Many economists believe that between 80% and 90% of a companys value lies in its IP from this figure alone, its already obvious that patents arent for the weak theyre for the investment-savvy.

Funding a startup tends to begin with founders asking friends and family for money until they eventually have to approach professional investors, who will most likely employ an IP lawyer to conduct IP due diligence.

Most tech investors insist on having a cohesive IP strategy, to provide a degree of exclusivity, and to support valuation on exit. They dont want to fund R&D just for the sake of it there is no money in that!

Some founders see patents to be an expensive internal distraction and a game that has to be played out to some extent to appease their investors. However, this is a total fallacy. In many cases patents are ultimately where your value as a company lies, or at least thats what the investor or any potential acquirer will believe. The time spent investing in a robust patent strategy from the beginning will see a return on that investment later.

Filing a patent application isnt always straightforward. Often, founders run the risk of filing too early to satisfy due diligence demands, despite certain ideas and innovations not being fully developed.

Theres also the case for trade secrets when it comes to developing a robust IP position. This is why its vital for founders to keep their powder dry, and their options open, until theyre ready to file a patent application and only file if it is the right thing to do. The use of trade secret protection instead of a patent isnt a weakness either.

Timing is everything, and for a patent to present a true competitive advantage, founders must consider three questions: whats the innovation? Whats the best way to protect it? When should we act? These questions are becoming increasingly important in the increasingly competitive funding environment where investors are doing more focused due diligence and becoming pickier.

These issues dont concern Musk; he has his huge pool of privately funded investment on tap. However, more traditional startup founders must come armed with their competitive advantage, which more often than not lies in a protected idea and commerical IP strategy.

Peter Finnie is partner and patent attorney at IP law firm Potter Clarkson.

Image credit: Daniel Oberhaus (2018) via Flickr.

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Elon Musk is wrong about patents. Here's why IP isn't 'for the weak' - UKTN (UK Technology News

Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China.

Bobby Yip | Reuters

Elon Musk has run two ambitious tech companies at the same time ever since he became chair and later CEO of electric vehicle maker Tesla while also leading SpaceX, his reusable rocket and satellite internet business.

He went on to launch a computer-brain interface startup, Neuralink, and a drilling business called Boring Co. in 2017, and is in the midst of a contentious lawsuit with Twitter over a buyout gone awry.

With his attention divided, Musk relies on a large team of deputies more than 20 people today to keep business rolling at Tesla. His cast of direct reports shifts often with strategic or organizational changes, occasional "spot firings" by the mercurial CEO, and resignations.

Here are the direct reports we know about as of September 2022. The data was gathered from interviews with current and recent Tesla employees, LinkedIn profiles, internal and public records from Tesla, and may not include all of the people who report to him.

Headcount numbers are approximate and refer to the number of people each of Musk's direct reports was managing as of early September.

About 22% of the CEO's direct reports are now based in Texas, around half are still based in California, and more than 90% are men.

Musk will need to lean on these deputies as Tesla works to bring its new factories in Gruenheide, Germany, and Austin, Texas, to full production, and to demonstrate progress on his many other goals.

Musk has told shareholders and fans that Tesla will "solve Full Self-Driving" this year, improve vehicle service and repairs, and start deliveries of the experimental Cybertruck pickup by midyear 2023. He also said that Tesla would shore up its battery-manufacturing capabilities to be able to produce 100 gigawatt-hours worth of 4680 batteries on its own this year, enough to power more than 1 million of its cars.

Musk's direct reports have also recently needed to navigate through headcount reductions amid uncertain economic times.

The CEO abruptly announced a steep cut to the Tesla workforce at the end of May during a challenging second quarter that was marked by Russia's invasion of Ukraine and Covid-19 outbreaks in China.

In June, Tesla closed an entire Autopilot office in San Mateo, California, and dismissed at least some employees who were previously authorized for remote work but who did not agree to an order by Musk to work at a Tesla office at least 40 hours per week. The CEO cited a"super bad feeling"about the economy in an e-mail to Tesla staff in June.

Tesla's former senior director of artificial intelligence, Andrej Karpathy, was not among those who Musk laid off or fired, however he announced his resignation from the company formally in July. Autopilot leader Ashok Elluswamy is reporting directly to Musk for the time being.

Other Musk direct reports who parted ways with Tesla in 2022 have included former Nevada Gigafactory VP Chris Lister, as CNBC previously reported, and Jean Frazier, who was Tesla's senior director of employee relations, according to internal documents viewed by CNBC.

David Searle, who previously headed up Tesla's legal department, is still employed there, records indicate. Insiders said they expect Searle to leave in coming months as he previously managed more than a dozen employees, and now has only one direct report listed on internal organization charts.

According to public and internal records, Senior Director of Legal Dinna Eskin is now acting as the manager of Tesla's legal department and is effectively the company's general counsel. Tesla hasn't employed a person with the title of general counsel officially since late 2019.

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Elon Musk has more than 20 direct reports at Tesla here are the ones we know about - CNBC

Billionaire Elon Musk backed a prominent Wharton economist who accused the Federal Reserve and its chairman Jerome Powell of completely botching their response to the current economic slump.

Musk reacted to a fiery rant from Wharton professor Jeremy Siegel, who told CNBCs Halftime Report on Friday that the Feds current policy path is way too tight and makes absolutely no sense to me whatsoever.

Siegel, who admitted he was very upset about the Feds handling of the situation, accused Powell and his colleagues of waiting far too long to hike interest rates. Now, Siegel argued, the Fed is tanking the economy by being too aggressive with rate hikes despite signs inflation is already easing.

Its like a pendulum. They were way too easy, as Ive told you and many others, through 2020, 2021, Siegel said. And now, Oh my God, were going to be real tough guys until we crush the economy. Poor monetary policy would be an understatement.

Siegel is obviously correct, Musk tweeted on Saturday in response to a clip of Siegels rant.

Siegel accused Powell of ignoring several economic indicators, including falling commodities prices, a slowdown in the US housing market and declines in money supply.

Musk is among many business leaders who have held a pessimistic view on the state of the US economy in recent months. In June, Musk teed up layoffs at Tesla while warning he had a super bad feeling about the economic outlook.

Earlier this month, Musk joined others in warning that the Fed risked causing deflation, or a damaging collapse in prices, by hiking rates too aggressively despite a slowing economy.

The stock market has plummeted deeper into bear territory since last week, when the Fed implemented a super-size interest rate hike for the third straight month. Central bank officials indicated that further sizable increases are likely in the months ahead a sign the Fed is maintaining a hawkish course to combat decades-high inflation.

Thats despite warnings from Siegel, Musk and others that the Fed could steer the economy into a lengthy downturn. US GDP has already declined for two consecutive quarters the widely held definition of a recession.

Last week, Powell reiterated that the Fed planned to raise its benchmark to a restrictive level and keep it there for some time until meaningful signs that inflation had receded.

Powell admitted the stance would likely result in job losses and a major correction in the US housing market.

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Elon Musk says it's 'obviously correct' that Fed is tanking US economy - New York Post