Elon Musk, Tesla's CEO, is amidst a critical decision concerning his
$56 billion pay package. Allegedly, if not approved, Musk might
relocate his operations. This colossal package has garnered mixed reviews, with some
shareholders and the
Norwegian wealth fund voting against it. Concurrently, Musk's new enterprise,
xAI, has been making waves. Not only has it chosen
Memphis, Tennessee, as the site for building the 'world's largest supercomputer,' but it's also causing a stir around the allocation of
Nvidia AI chips, originally meant for Tesla. Uncertainty regarding Musk's decisions on the
supercomputer project, combined with issues about regional water supply, have raised questions. Musk's company SpaceX is also making strides, with a successful Starship test flight and gaining preliminary approval from
Sri Lanka for Starlink. However, the integration of Starlink into remote Amazon tribes has witnessed dubious consequences. Meanwhile, several lawsuits against Musk bring his actions under legal scrutiny, including a potentially illegal stock sale and an alleged redirection of Nvidia chips reserved for Tesla to xAI.
Elon Musk News Analytics from Tue, 28 May 2024 07:00:00 GMT to Sun, 09 Jun 2024 20:22:00 GMT -
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