Although Elon Musk's X now formally permits pornographic content, it promises to prevent users under the age of 18 or those who have not given their consent from seeing violent and adult content.

Elon Musk’s X now "officially" allows adult content after update in policies

<h2 class="MsoNormal">Elon Musk confirms major investment in Nvidia technology<o:p></o:p></h2>

Tesla Inc. plans to spend between $3 billion and $4 billion on Nvidia Corp. hardware this year, CEO Elon Musk said in a post on X, formerly known as Twitter, on Tuesday. The investment is part of Tesla's larger push into artificial intelligence, demonstrating the company's commitment to developing its AI capabilities.<o:p></o:p>

<h2 class="MsoNormal">AI capital expenditure to reach $10 billion<o:p></o:p></h2>

Musk indicated that Tesla's total AI-related capital expenditure for the year would be around $10 billion. "For building the AI training superclusters, Nvidia hardware is about 2/3 of the cost," Musk stated on X. He further said that approximately half of the AI cost would be for internal development.<o:p></o:p>

<h2 class="MsoNormal">Nvidia to prioritise shipments to X and xAI<o:p></o:p></h2>

In a related move, Tesla reportedly told Nvidia to prioritise the delivery of AI chips to Musk's other companies, such as the social media platform X,&nbsp;the AI research firm xAI and&nbsp;Tesla's electric vehicle division. This strategic shift emphasises the growing importance of AI technology in Musk's economic enterprise.<o:p></o:p>

<h2 class="MsoNormal">Shareholder Vote on CEO Pay Package Looms<o:p></o:p></h2>

The disclosure comes just ahead of a pivotal shareholder vote on Musk's remuneration package at Tesla. The outcome of this vote could have a significant impact on the company's future direction and the CEO's role.<o:p></o:p>

Tesla confirmed its prediction of more than $10 billion in capital expenditures for the year in April, with future years projected to range from $8 billion to $10 billion. The significant investment in Nvidia hardware is expected to play an important role in advancing Tesla's ambitious AI projects.<o:p></o:p>

(With inputs from Agencies)<o:p></o:p>

Elon Musk confirms major investment in Nvidia technology Tesla Inc. plans to spend between $3 billion and $4 billion on Nvidia Corp. hardware this year, CEO Elon Musk said in a post on X, formerly known as Twitter, on Tuesday.

Elon Musk confirms major investment in Nvidia technology Tesla Inc. plans to spend between $3 billion and $4 billion on Nvidia Corp. hardware this year, CEO Elon Musk said in a post on X, formerly known as Twitter, on Tuesday. The investment is part of Tesla's larger push into artificial intelligence, demonstrating the company's commitment to developing its AI capabilities. AI capital expenditure to reach $10 billion Musk indicated that Tesla's total AI-related capital expenditure for the year would be around $10 billion. "For building the AI training superclusters, Nvidia hardware is about 2/3 of the cost," Musk stated on X. He further said that approximately half of the AI cost would be for internal development. Nvidia to prioritise shipments to X and xAI In a related move, Tesla reportedly told Nvidia to prioritise the delivery of AI chips to Musk's other companies, such as the social media platform X, the AI research firm xAI and Tesla's electric vehicle division. This strategic shift emphasises the growing importance of AI technology in Musk's economic enterprise. Shareholder Vote on CEO Pay Package Looms The disclosure comes just ahead of a pivotal shareholder vote on Musk's remuneration package at Tesla. The outcome of this vote could have a significant impact on the company's future direction and the CEO's role. Tesla confirmed its prediction of more than $10 billion in capital expenditures for the year in April, with future years projected to range from $8 billion to $10 billion. The significant investment in Nvidia hardware is expected to play an important role in advancing Tesla's ambitious AI projects. (With inputs from Agencies)

Tesla to spend up to $4 Billion on Nvidia hardware amid AI expansion

Elon Musk’s social media platform X has now officially permitted pornographic content on its platform, however, it added that all adult and violent posts will be blocked from users who are below the age of 18 or those who have not opted to see it.

On Monday (June 3), the company announced the new policies which will formalise what will remain viewable on the social media platform.

These new policies have been introduced amid increasing pressure from regulators on platforms around the world to stop children from getting access to inappropriate content on social media.

Also Read:&nbsp;<a href="https://www.wionews.com/technology/elon-musk-says-ai-will-eliminate-all-jobs-calls-it-his-biggest-fear-725004">Elon Musk says AI will eliminate all jobs, calls it his ‘biggest fear’</a>

The social media platform X, historically, has not stopped people from sharing adult content on the platform. Social media platform X has been used by sex workers, who use subscription services such as OnlyFans, to promote their work for years.

<h2>How X will deal with pornographic content?</h2>

The users of X, who share adult content - which includes nudity and implied or explicit sexual acts - have been asked by the social media platform to adjust media settings so that a content warning appears before their images and videos for users before they are viewed.

Users, who are below the age of 18 or those who have not added a birthdate to their profile, will not be able to view this content.

According to X, it will detect what users are posting and state that if users fail to mark pornographic posts appropriately then “we will adjust your account settings for you”.&nbsp;

The platform has had similar rules for violent content&nbsp;which includes violent speech or media - which includes what threatens, incites, glorifies or expresses any kind of desire for violence or harm.

Even&nbsp;teens have reported seeing the circulation of more pornographic material on social media platform X in comparison to adult sites.&nbsp;

Watch:&nbsp;Trump eyes Elon Musk for White House advisory role if elected, says report

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/trump-eyes-elon-musk-for-white-house-advisory-role-if-elected-says-report-727103/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

Australia’s online safety regulator Julie Inman Grant, last week, said that Apple and Google made financial motives&nbsp;to keep both X and Reddit on their app stores even though they host adult content – which she added violated both app store policies.

“There’s a huge disincentive right now for the app stores to actually follow their own [policies]. They collect a 30% tithe from every transaction that happens on a social media site … Think about the force multiplier of deplatforming an app and what that would mean to their revenue," she said.&nbsp;

(With inputs from agencies)

Elon Musk’s social media platform X has now officially permitted pornographic content on its platform, however, it added that all adult and violent posts will be blocked from users who are below the age of 18 or those who have not opted to see it.

Elon Musk’s social media platform X has now officially permitted pornographic content on its platform, however, it added that all adult and violent posts will be blocked from users who are below the age of 18 or those who have not opted to see it. On Monday (June 3), the company announced the new policies which will formalise what will remain viewable on the social media platform. These new policies have been introduced amid increasing pressure from regulators on platforms around the world to stop children from getting access to inappropriate content on social media. Also Read: Elon Musk says AI will eliminate all jobs, calls it his ‘biggest fear’ The social media platform X, historically, has not stopped people from sharing adult content on the platform. Social media platform X has been used by sex workers, who use subscription services such as OnlyFans, to promote their work for years. How X will deal with pornographic content? The users of X, who share adult content - which includes nudity and implied or explicit sexual acts - have been asked by the social media platform to adjust media settings so that a content warning appears before their images and videos for users before they are viewed. Users, who are below the age of 18 or those who have not added a birthdate to their profile, will not be able to view this content. According to X, it will detect what users are posting and state that if users fail to mark pornographic posts appropriately then “we will adjust your account settings for you”. The platform has had similar rules for violent content which includes violent speech or media - which includes what threatens, incites, glorifies or expresses any kind of desire for violence or harm. Even teens have reported seeing the circulation of more pornographic material on social media platform X in comparison to adult sites. Watch: Trump eyes Elon Musk for White House advisory role if elected, says report Australia’s online safety regulator Julie Inman Grant, last week, said that Apple and Google made financial motives to keep both X and Reddit on their app stores even though they host adult content – which she added violated both app store policies. “There’s a huge disincentive right now for the app stores to actually follow their own [policies]. They collect a 30% tithe from every transaction that happens on a social media site … Think about the force multiplier of deplatforming an app and what that would mean to their revenue," she said. (With inputs from agencies)

Elon Musk's X alters porn policy, adapts system which blocks under-18 users

Tesla is facing a shareholder showdown over CEO Elon Musk's controversial 56 billion dollar compensation plan. Proxy advisory firms ISS and Glass Lewis, who hold significant sway over investor votes, have both recommended rejecting the massive payout.

Tesla board scrambles for shareholder support

United States former president Donald Trump is likely making plans to appoint billionaire Elon Musk as an advisor in the White House after coming back to power, reports suggested.&nbsp;

The news of Trump considering an advisory role for Musk came after the two patched up in recent months.&nbsp;

According to a report published in the The Wall Street Journal, Trump has not finalised the details, however, the two have been discussing how Musk can provide &nbsp;“formal input” on issues like the economy, border, and preventing voter fraud.

Also Read:&nbsp;<a href="https://www.wionews.com/world/trump-vows-to-crush-pro-palestinian-protests-after-returning-to-white-house-726207">Trump&nbsp;vows to crush pro-Palestinian protests after returning to White House</a>

There has been a change in the icy relationship between the two and Musk has now been on telephone calls with Trump “several times a month,” as per the outlet.

<h2>Musk pushes business leaders to not support Biden</h2>

The world’s third-richest man, along with billionaire investor&nbsp;Nelson Peltz, spoke to Trump regarding an effort made by Musk to convince business leaders not to support President Joe Biden in November elections.

“President Trump will be the only voice of what role an individual plays in his presidency,” said senior Trump adviser Brian Hughes, while speaking to The New York Post.

“But it has been widely reported and is demonstrated in a number of ways, that many of the nation’s most important leaders in technology and innovation are concerned with the damage done to their industry by Biden’s failures to handle our economy and his moves to overburden innovators with government bureaucracy and unrelenting regulation," he added.

Social media platform X owner and founder of Tesla and Space X Musk had earlier said that he would not give money to either candidate and has always taken an anti-Biden stance.

However, the South African-born billionaire has always portrayed himself as an independent. In 2002, Musk became a US citizen.

After clinching victory on Super Tuesday and becoming a presumptive Republican nominee, Trump met Musk at Mar-a-Lago, reported the Wall Street Journal.

Watch:&nbsp;Trump eyes Elon Musk for White House advisory role if elected, says report

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/trump-eyes-elon-musk-for-white-house-advisory-role-if-elected-says-report-727103/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

In March while speaking to CNBC, Trump confirmed that he met with Musk but did not get into the details of their conversation.&nbsp;

“Look, I’ve been friendly with him over the years. I’ve helped him when I was president. I helped him. I’ve liked him,” said Trump.&nbsp;

Musk and Trump's conversations have always delved into topics like tech, immigration and science, as reported by The Wall Street Journal.

“America will fall if it tries to absorb the world. That is why I am banging the drum so much about this issue,” said Musk, while speaking about immigration&nbsp;in March.

(With inputs from agencies)

United States former president Donald Trump is likely making plans to appoint billionaire Elon Musk as an advisor in the White House after coming back to power, reports suggested.

United States former president Donald Trump is likely making plans to appoint billionaire Elon Musk as an advisor in the White House after coming back to power, reports suggested. The news of Trump considering an advisory role for Musk came after the two patched up in recent months. According to a report published in the The Wall Street Journal, Trump has not finalised the details, however, the two have been discussing how Musk can provide “formal input” on issues like the economy, border, and preventing voter fraud. Also Read: Trump vows to crush pro-Palestinian protests after returning to White House There has been a change in the icy relationship between the two and Musk has now been on telephone calls with Trump “several times a month,” as per the outlet. Musk pushes business leaders to not support Biden The world’s third-richest man, along with billionaire investor Nelson Peltz, spoke to Trump regarding an effort made by Musk to convince business leaders not to support President Joe Biden in November elections. “President Trump will be the only voice of what role an individual plays in his presidency,” said senior Trump adviser Brian Hughes, while speaking to The New York Post. “But it has been widely reported and is demonstrated in a number of ways, that many of the nation’s most important leaders in technology and innovation are concerned with the damage done to their industry by Biden’s failures to handle our economy and his moves to overburden innovators with government bureaucracy and unrelenting regulation," he added. Social media platform X owner and founder of Tesla and Space X Musk had earlier said that he would not give money to either candidate and has always taken an anti-Biden stance. However, the South African-born billionaire has always portrayed himself as an independent. In 2002, Musk became a US citizen. After clinching victory on Super Tuesday and becoming a presumptive Republican nominee, Trump met Musk at Mar-a-Lago, reported the Wall Street Journal. Watch: Trump eyes Elon Musk for White House advisory role if elected, says report In March while speaking to CNBC, Trump confirmed that he met with Musk but did not get into the details of their conversation. “Look, I’ve been friendly with him over the years. I’ve helped him when I was president. I helped him. I’ve liked him,” said Trump. Musk and Trump's conversations have always delved into topics like tech, immigration and science, as reported by The Wall Street Journal. “America will fall if it tries to absorb the world. That is why I am banging the drum so much about this issue,” said Musk, while speaking about immigration in March. (With inputs from agencies)

Trump planning to give White House advisory role to Elon Musk after becoming president: Report

Let's shift our focus to the developments in the latest lawsuit and probe against Elon musk. The US Securities and exchange commission (s-e-c) is investigating musk's 2022 purchase of the social media site formerly known as twitter. The billionaire has now agreed to testify in the US Regulator's probe. Watch in for more details!

Did Musk secretly acquire twitter stocks before the buyout?

The California Public Employees' Retirement System (CalPERS) has announced its opposition to Tesla CEO Elon Musk's $56 billion pay package, citing concerns about its alignment with the company's performance. <o:p></o:p>

CalPERS CEO Marcie Frost stated in an interview with CNBC, "We do not believe that the compensation is commensurate with the performance of the company."<o:p></o:p>

CalPERS, one of Tesla's top 30 investors, holds 9.5 million shares of the electric vehicle manufacturer. <o:p></o:p>

The pension fund's stance adds significant weight to the ongoing debate over Musk's compensation, which has faced scrutiny from various quarters. <o:p></o:p>

Elon Musk responded to CalPERS' opposition on social media platform X, formerly known as Twitter, asserting that the pension fund's position was unfounded. <o:p></o:p>

He argued that all contractual milestones of the pay package were met and accused CalPERS of reneging on their agreement. <o:p></o:p>

"What she's saying makes no sense, as all the contractual milestones were met. CalPERS is breaking their word," Musk wrote.<o:p></o:p>

The controversy around Musk's pay package is not new. <o:p></o:p>

Proxy advisory firm Glass Lewis recently urged Tesla shareholders to reject the compensation plan, highlighting its disconnect from the company’s actual performance. <o:p></o:p>

In a rebuttal, Tesla underlined Musk's role in creating wealth for its stockholders, pointing out his significant personal investment in the company.<o:p></o:p>

Musk's pay package, the largest in corporate America, eschews a traditional salary or cash bonus. <o:p></o:p>

Instead, it ties rewards to Tesla's market value, which is expected to rise to $650 billion within a decade from its inception in 2018. <o:p></o:p>

However, a Delaware judge dismissed the package in January, calling it "an unfathomable sum" that was unfair to shareholders.<o:p></o:p>

In April, Tesla sought reaffirmation from its shareholders for Musk’s compensation plan, initially set in 2018. <o:p></o:p>

Adding to the divide among advisory firms, Egan-Jones Proxy Services recommended that investors support the pay package. <o:p></o:p>

The firm noted that maintaining Musk's leadership and motivation is crucial for Tesla’s sustained growth and innovation. <o:p></o:p>

"The continuation of this compensation plan is critical for maintaining Musk’s leadership and motivation, which are essential for Tesla’s sustained growth and innovation," an Egan-Jones manager stated in an email.<o:p></o:p>

Egan-Jones also supported Tesla's proposal to shift its state of incorporation from Delaware to Texas, suggesting that the move could enhance operational efficiency and corporate culture by aligning legal and operational bases.<o:p></o:p>

(With inputs from Reuters)<o:p></o:p>

The California Public Employees' Retirement System (CalPERS) has announced its opposition to Tesla CEO Elon Musk's $56 billion pay package, citing concerns about its alignment with the company's performance.

The California Public Employees' Retirement System (CalPERS) has announced its opposition to Tesla CEO Elon Musk's $56 billion pay package, citing concerns about its alignment with the company's performance. CalPERS CEO Marcie Frost stated in an interview with CNBC, "We do not believe that the compensation is commensurate with the performance of the company." CalPERS, one of Tesla's top 30 investors, holds 9.5 million shares of the electric vehicle manufacturer. The pension fund's stance adds significant weight to the ongoing debate over Musk's compensation, which has faced scrutiny from various quarters. Elon Musk responded to CalPERS' opposition on social media platform X, formerly known as Twitter, asserting that the pension fund's position was unfounded. He argued that all contractual milestones of the pay package were met and accused CalPERS of reneging on their agreement. "What she's saying makes no sense, as all the contractual milestones were met. CalPERS is breaking their word," Musk wrote. The controversy around Musk's pay package is not new. Proxy advisory firm Glass Lewis recently urged Tesla shareholders to reject the compensation plan, highlighting its disconnect from the company’s actual performance. In a rebuttal, Tesla underlined Musk's role in creating wealth for its stockholders, pointing out his significant personal investment in the company. Musk's pay package, the largest in corporate America, eschews a traditional salary or cash bonus. Instead, it ties rewards to Tesla's market value, which is expected to rise to $650 billion within a decade from its inception in 2018. However, a Delaware judge dismissed the package in January, calling it "an unfathomable sum" that was unfair to shareholders. In April, Tesla sought reaffirmation from its shareholders for Musk’s compensation plan, initially set in 2018. Adding to the divide among advisory firms, Egan-Jones Proxy Services recommended that investors support the pay package. The firm noted that maintaining Musk's leadership and motivation is crucial for Tesla’s sustained growth and innovation. "The continuation of this compensation plan is critical for maintaining Musk’s leadership and motivation, which are essential for Tesla’s sustained growth and innovation," an Egan-Jones manager stated in an email. Egan-Jones also supported Tesla's proposal to shift its state of incorporation from Delaware to Texas, suggesting that the move could enhance operational efficiency and corporate culture by aligning legal and operational bases. (With inputs from Reuters)

CalPERS opposes Elon Musk's $56 billion pay package amid shareholder discontent

According to the report, the former President of the United States, Donald Trump is considering appointing Tesla CEO Elon Musk for the role of an advisor to him in the White House, as the 2024 Presidential elections draw close.

Trump eyes Elon Musk for White House advisory role if elected, says report

Elon Musk's xAI secures a staggering $6 billion in funding, while US lawmakers move to regulate AI system exports over national security worries. Take a look at this report for the latest AI advancements in this weekly roundup.

Investors bullish on xAI's $24 bn valuation, betting on AI innovation

Elon Musk's startup xAI has secured $6 billion in series B funding. This propels xAI to a post-money valuation of $24 billion. xAI plans to leverage these funds to bring its first products to market, build advanced infrastructure, and accelerate research for future technologies.

xAI secures $6 BN in series b funding, reaches $24 BN valuation

In an attempt to bolster its progress against OpenAI, Elon Musk's artificial intelligence startup xAI has raised $6 billion. Not much over a year after xAI made its debut, the Series B round was announced in a blog post on May 26.

In an attempt to bolster its progress against OpenAI, Elon Musk's artificial intelligence startup xAI has raised $6 billion. Not much over a year after xAI made its debut, the Series B round was announced in a blog post on May 26. The only companies that appear to be able to compete with OpenAI in terms of creating the largest language models, or frontier models, are Google, Meta, and Amazon's Anthropic. With his companies, Musk has accomplished several significant milestones. For instance, he popularised electric cars with Tesla, and he created the private-sector rockets that currently rule the American market with SpaceX. However, Musk's track record is also filled with mistakes, particularly in the area of software initiatives such as Tesla's self-driving capabilities or Twitter's venture under the name X. Access to user data from X will be a major benefit for xAI. With real-time access to X's data, xAI may be able to enhance the news value and sophistication of its chatbot. Also read: Black holes captured acting like a Death Star’s weapon, point jets at new targets Access to user data from X will be a major benefit for xAI. With real-time access to X's data, xAI may be able to enhance the news value and intelligence of its chatbot. Alternatively, it is more likely to recirculate extreme falsehoods as gospel because ultimately the source of the information will be the posts made by users on X and they will not necessarily be true. What is OpenAI doing to upgrade ChatGPT? On Tuesday, OpenAI announced that it has started developing a new flagship AI model that will replace the GPT-4 technology that powers ChatGPT. The San Francisco-based startup stated in a blog post that it hopes the new model would provide "the next level of capabilities" in its mission to create "artificial general intelligence," or AGI, a computer that is capable of whatever the human brain is capable of. In addition, OpenAI said that it was forming a new Safety and Security Committee to investigate potential hazards associated with the new model and emerging technologies. “While we are proud to build and release models that are industry-leading on both capabilities and safety, we welcome a robust debate at this important moment,” the company said in a blog post. (With inputs from agencies)

Elon Musk’s xAI raises $6 billion; OpenAI develops new flagship AI model

Proxy advisory firm Glass Lewis has advised Tesla shareholders to vote against CEO Elon Musk's proposed $56 billion compensation package, the largest ever proposed for a corporate executive in the United States. <o:p></o:p>

This recommendation could heavily impact the upcoming shareholder meeting.<o:p></o:p>

Glass Lewis cited several concerns, including the sheer size of the pay package, its potential dilutive effect, and the concentration of ownership it would further solidify. <o:p></o:p>

The advisory firm also pointed out Musk's numerous demanding ventures, which now include managing Twitter, rebranded as X, as a reason for their opposition.<o:p></o:p>

The controversial pay package, put forward by Tesla's board of directors, has been a focal point of criticism due to the board's perceived close relationship with Musk. <o:p></o:p>

The package includes no salary or cash bonuses but ties rewards to the company's market value, which must increase to $650 billion within a decade starting from 2018. <o:p></o:p>

As of now, Tesla's market value stands at approximately $571.6 billion.<o:p></o:p>

In January, Delaware's Court of Chancery Judge Kathaleen McCormick annulled the original pay deal, prompting Musk to consider relocating Tesla's state of incorporation from Delaware to Texas. <o:p></o:p>

Glass Lewis criticised this potential move, warning it could bring uncertain benefits and additional risks for shareholders.<o:p></o:p>

Despite the advisory firm's recommendations, Tesla continues to advocate for the approval of Musk's compensation package. <o:p></o:p>

Robyn Denholm, Tesla's board chair, recently defended the pay package in an interview with the Financial Times, arguing that Musk's leadership has been instrumental in achieving significant milestones in revenue and stock price.<o:p></o:p>

Since taking the helm as CEO in 2008, Musk has overseen Tesla's transformation from a company posting a $2.2 billion loss in 2018 to generating a $15 billion profit. <o:p></o:p>

Under his leadership, vehicle production has increased sevenfold, according to a campaign website supporting the pay package, Vote Tesla.<o:p></o:p>

In addition to the compensation package, Glass Lewis also recommended shareholders vote against the re-election of board member Kimbal Musk, Elon Musk's brother. <o:p></o:p>

However, the firm supported the re-election of former 21st Century Fox CEO James Murdoch to the board.<o:p></o:p>

(With inputs from Reuters)<o:p></o:p>

Proxy advisory firm Glass Lewis has advised Tesla shareholders to vote against CEO Elon Musk's proposed $56 billion compensation package, the largest ever proposed for a corporate executive in the United States.

Proxy advisory firm Glass Lewis has advised Tesla shareholders to vote against CEO Elon Musk's proposed $56 billion compensation package, the largest ever proposed for a corporate executive in the United States. This recommendation could heavily impact the upcoming shareholder meeting. Glass Lewis cited several concerns, including the sheer size of the pay package, its potential dilutive effect, and the concentration of ownership it would further solidify. The advisory firm also pointed out Musk's numerous demanding ventures, which now include managing Twitter, rebranded as X, as a reason for their opposition. The controversial pay package, put forward by Tesla's board of directors, has been a focal point of criticism due to the board's perceived close relationship with Musk. The package includes no salary or cash bonuses but ties rewards to the company's market value, which must increase to $650 billion within a decade starting from 2018. As of now, Tesla's market value stands at approximately $571.6 billion. In January, Delaware's Court of Chancery Judge Kathaleen McCormick annulled the original pay deal, prompting Musk to consider relocating Tesla's state of incorporation from Delaware to Texas. Glass Lewis criticised this potential move, warning it could bring uncertain benefits and additional risks for shareholders. Despite the advisory firm's recommendations, Tesla continues to advocate for the approval of Musk's compensation package. Robyn Denholm, Tesla's board chair, recently defended the pay package in an interview with the Financial Times, arguing that Musk's leadership has been instrumental in achieving significant milestones in revenue and stock price. Since taking the helm as CEO in 2008, Musk has overseen Tesla's transformation from a company posting a $2.2 billion loss in 2018 to generating a $15 billion profit. Under his leadership, vehicle production has increased sevenfold, according to a campaign website supporting the pay package, Vote Tesla. In addition to the compensation package, Glass Lewis also recommended shareholders vote against the re-election of board member Kimbal Musk, Elon Musk's brother. However, the firm supported the re-election of former 21st Century Fox CEO James Murdoch to the board. (With inputs from Reuters)

Proxy firm urges Tesla shareholders to reject Musk's $56 bn pay package

According to reports, Elon Musk is planning to build a supercomputer to support his artificial intelligence startup xAI. Called "gigafactory of compute" the supercomputer might become functional by the end of 2025. Watch in for more details!

Elon Musk planning largest supercomputer for xAI startup: Report

US billionaire Elon Musk has claimed&nbsp;in an interview that he is an alien but complained that nobody believes him. He was speaking at the Viva Tech event, where he jokingly said something that left the audience stunned. When the host told Musk that some people thought him&nbsp;to be&nbsp;an alien, the Tesla boss replied:&nbsp;"I am an alien.”

“Yes, I keep telling people&nbsp;I'm&nbsp;an alien, but nobody believes me,”&nbsp;he added.

The host quipped that the&nbsp;real&nbsp;truth about Musk has now&nbsp;been unveiled.

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<blockquote class="twitter-tweet" data-media-max-width="560">
🚨IS ELON AN ALIEN? 
 
Host: 
 
"Some people believe that you are an alien." 
 
Elon: 
 
"I am an alien." 
 
Host: 
 
"Now you've been uncovered." 
 
Elon: 
 
"Yes, I keep telling people I'm an alien, but nobody believes me." 
 
😂 
 
Source: Viva Tech <a href="https://t.co/9ie5KFn6GE">https://t.co/9ie5KFn6GE</a> <a href="https://t.co/ZDU4ovA82I">pic.twitter.com/ZDU4ovA82I</a>
— Mario Nawfal (@MarioNawfal) <a href="https://twitter.com/MarioNawfal/status/1793684255228228008?ref_src=twsrc%5Etfw">May 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

Musk added that if he ever found evidence of alien life, he would share it on social media platform X.&nbsp;“Maybe&nbsp;we’re&nbsp;alone in this galaxy, maybe&nbsp;it’s&nbsp;just us and our consciousness is extremely fragile,"&nbsp;Musk said.

When asked about life on Mars, Musk said,&nbsp;"I think we will have the first people on Mars probably within 10 years, maybe seven to eight.&nbsp;SpaceX’s&nbsp;long-term goal is to make life multi-planetary. We need to become a sustainable multi-planet civilisation. This is the first time in the history of the Earth when it is possible to do so. That capability might be only open for the short term."

Also read:&nbsp;<a data-ved="2ahUKEwiHgYaHj6mGAxVl-jgGHYSdBIwQxfQBKAB6BAgNEAE" href="https://www.wionews.com/business-economy/teslas-musk-opposes-new-us-tariffs-on-chinese-evs-reverses-previous-stance-724848" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/business-economy/teslas-musk-opposes-new-us-tariffs-on-chinese-evs-reverses-previous-stance-724848&amp;ved=2ahUKEwiHgYaHj6mGAxVl-jgGHYSdBIwQxfQBKAB6BAgNEAE">Tesla`s Musk opposes new US tariffs on Chinese EVs, reverses previous stance</a>

He also came down heavily on Google and its chatbot Gemini, saying it was&nbsp;important&nbsp;to train the AI for not being politically&nbsp;correct

"Political correctness is often simply not true, and that means&nbsp;you're&nbsp;programming AI to lie, and I think that will backfire very badly. Honesty is the best policy,"&nbsp;he said.

Musk, who is a master of having interesting, playful&nbsp;yet&nbsp;insightful conversations, further drew a parallel between artificial intelligence and the human brain.

Also read:&nbsp;<a data-ved="2ahUKEwiHgYaHj6mGAxVl-jgGHYSdBIwQxfQBKAB6BAgSEAE" href="https://www.wionews.com/technology/elon-musk-says-ai-will-eliminate-all-jobs-calls-it-his-biggest-fear-725004" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/technology/elon-musk-says-ai-will-eliminate-all-jobs-calls-it-his-biggest-fear-725004&amp;ved=2ahUKEwiHgYaHj6mGAxVl-jgGHYSdBIwQxfQBKAB6BAgSEAE">Elon Musk says AI will eliminate all jobs, calls it his ‘biggest fear’</a>

He asked the audience to imagine our brains as having two&nbsp;big&nbsp;sections: one is all about instincts and emotions, while the other does the thinking and planning. He said the thinking part is like the boss, always trying to keep the emotional part happy.

Elon Musk thinks artificial intelligence (AI) could work the same way. The AI might act like the boss, aiming to keep humans (who are like the emotional part) content and satisfied.&nbsp;

(With inputs from agencies)

US billionaire Elon Musk has claimed in an interview that he is an alien but complained that nobody believes him. He was speaking at the Viva Tech event, where he jokingly said something that left the audience stunned.

US billionaire Elon Musk has claimed in an interview that he is an alien but complained that nobody believes him. He was speaking at the Viva Tech event, where he jokingly said something that left the audience stunned. When the host told Musk that some people thought him to be an alien, the Tesla boss replied: "I am an alien.” “Yes, I keep telling people I'm an alien, but nobody believes me,” he added. The host quipped that the real truth about Musk has now been unveiled. 🚨IS ELON AN ALIEN? Host: "Some people believe that you are an alien." Elon: "I am an alien." Host: "Now you've been uncovered." Elon: "Yes, I keep telling people I'm an alien, but nobody believes me." 😂 Source: Viva Tech https://t.co/9ie5KFn6GE pic.twitter.com/ZDU4ovA82I — Mario Nawfal (@MarioNawfal) May 23, 2024 × Musk added that if he ever found evidence of alien life, he would share it on social media platform X. “Maybe we’re alone in this galaxy, maybe it’s just us and our consciousness is extremely fragile," Musk said. When asked about life on Mars, Musk said, "I think we will have the first people on Mars probably within 10 years, maybe seven to eight. SpaceX’s long-term goal is to make life multi-planetary. We need to become a sustainable multi-planet civilisation. This is the first time in the history of the Earth when it is possible to do so. That capability might be only open for the short term." Also read: Tesla`s Musk opposes new US tariffs on Chinese EVs, reverses previous stance He also came down heavily on Google and its chatbot Gemini, saying it was important to train the AI for not being politically correct "Political correctness is often simply not true, and that means you're programming AI to lie, and I think that will backfire very badly. Honesty is the best policy," he said. Musk, who is a master of having interesting, playful yet insightful conversations, further drew a parallel between artificial intelligence and the human brain. Also read: Elon Musk says AI will eliminate all jobs, calls it his ‘biggest fear’ He asked the audience to imagine our brains as having two big sections: one is all about instincts and emotions, while the other does the thinking and planning. He said the thinking part is like the boss, always trying to keep the emotional part happy. Elon Musk thinks artificial intelligence (AI) could work the same way. The AI might act like the boss, aiming to keep humans (who are like the emotional part) content and satisfied. (With inputs from agencies)

Watch: Elon Musk claims he is an alien, talks about life on Mars

Tesla CEO Elon Musk believes artificial intelligence, or AI, will eventually eliminate all jobs. At a tech event in Paris, Musk envisioned a future where AI and robots handle all the work, making jobs optional.

Elon Musk: AI to eliminate jobs

Tesla Inc. CEO Elon Musk expressed opposition to US tariffs on Chinese electric cars (EVs) on Thursday, reversing his past cautions about the importance of trade barriers. Speaking to tech investors via video link at the Viva Technology conference in Paris, Musk emphasised his support for an open market.

"I was surprised when these tariffs were announced," Musk stated. "Neither Tesla nor I requested these taxes. Things that restrict free commerce or distort the market are not desirable.”

Musk's comments follow US President Joe Biden's recent imposition of new tariffs on a variety of Chinese goods, including EVs, in a bid to boost American industry. The Biden administration has upheld and enhanced various tariffs imposed by previous President Donald Trump, including quadrupling taxes on Chinese EVs to more than 100%. These sanctions now affect $18 billion worth of Chinese imports.

The Tesla CEO's comments contrast sharply with his attitude in January when he warned that if no trade obstacles were implemented, Chinese automakers may outperform global competitors. "If there are no trade barriers established, they will pretty much demolish most other car companies in the world," Musk stated during a post-earnings analyst call at the start of the year.

Musk's most recent pronouncements underscore Tesla's competitive position in China without the need for tariffs or special treatment. "Tesla competes successfully in the Chinese market, which has no tariffs or preferential treatment. I am in favour of no tariffs," he stated at the conference.

This year's annual VivaTech conference in Paris drew top industry leaders and politicians, including former Google CEO Eric Schmidt and former US climate ambassador John Kerry. Linda Yaccarino, CEO of Musk's social media platform X, will participate in a panel discussion on the future of content on Friday.

(With inputs from Reuters)

Tesla Inc. CEO Elon Musk expressed opposition to US tariffs on Chinese electric cars (EVs) on Thursday, reversing his past cautions about the importance of trade barriers.

Tesla Inc. CEO Elon Musk expressed opposition to US tariffs on Chinese electric cars (EVs) on Thursday, reversing his past cautions about the importance of trade barriers. Speaking to tech investors via video link at the Viva Technology conference in Paris, Musk emphasised his support for an open market. "I was surprised when these tariffs were announced," Musk stated. "Neither Tesla nor I requested these taxes. Things that restrict free commerce or distort the market are not desirable.” Musk's comments follow US President Joe Biden's recent imposition of new tariffs on a variety of Chinese goods, including EVs, in a bid to boost American industry. The Biden administration has upheld and enhanced various tariffs imposed by previous President Donald Trump, including quadrupling taxes on Chinese EVs to more than 100%. These sanctions now affect $18 billion worth of Chinese imports. The Tesla CEO's comments contrast sharply with his attitude in January when he warned that if no trade obstacles were implemented, Chinese automakers may outperform global competitors. "If there are no trade barriers established, they will pretty much demolish most other car companies in the world," Musk stated during a post-earnings analyst call at the start of the year. Musk's most recent pronouncements underscore Tesla's competitive position in China without the need for tariffs or special treatment. "Tesla competes successfully in the Chinese market, which has no tariffs or preferential treatment. I am in favour of no tariffs," he stated at the conference. This year's annual VivaTech conference in Paris drew top industry leaders and politicians, including former Google CEO Eric Schmidt and former US climate ambassador John Kerry. Linda Yaccarino, CEO of Musk's social media platform X, will participate in a panel discussion on the future of content on Friday. (With inputs from Reuters)

Tesla's Musk opposes new US tariffs on Chinese EVs, reverses previous stance

Tesla CEO Elon Musk has come out against the recent US tariffs imposed on Chinese Electric Vehicles. These tariffs represent a 400% increase, effectively raising the import duty to 100%. The move aims to protect American manufacturing jobs in the face of growing competition from China.

Tesla's Musk opposes 100% tariff hike on Chinese EVs

Tesla founder Elon Musk has expressed his opposition to U.S. tariffs on Chinese electric vehicles (EVs), reversing his previous stance that trade barriers were necessary to protect American car companies. Speaking at the Viva Technology conference in Paris, Musk emphasised the importance of a free market and criticised measures that distort market dynamics.

A shift in perspective

Earlier this year, Musk warned that Chinese automakers would dominate global competition without trade barriers. "If there are no trade barriers established, they will pretty much demolish most other car companies in the world," Musk stated during a post-earnings analyst call in January. However, in a significant shift, he now argues against tariffs that hinder free trade.

Biden administration's tariff strategy

This month, U.S. President Joe Biden introduced new tariffs on various Chinese imports, including EVs, as part of a broader strategy to bolster American manufacturing. The Biden administration has upheld several tariffs initiated by former President Donald Trump and increased others, including quadrupling EV duties to over 100%. The White House reported that these measures impact $18 billion worth of imported Chinese goods.

Musk's stance at VivaTech

During his video address at the Viva Technology conference, Musk clarified his position. "Neither Tesla nor I asked for these tariffs; in fact, I was surprised when they were announced," Musk said. He emphasised that actions restricting free exchange or distorting the market are detrimental. "Tesla competes quite well in the market in China with no tariffs and no deferential support. I’m in favour of no tariffs," he added.

Contradictions and market dynamics

Musk's current stance contrasts sharply with his January remarks, highlighting the complex dynamics of international trade and the automotive market. The change in his perspective may reflect evolving business strategies and market conditions. Despite the challenges posed by Chinese competition, Musk seems confident in Tesla's ability to compete globally without protective tariffs.

Industry and political reactions

The Viva Technology conference saw participation from notable tech executives and political figures, including former Google CEO Eric Schmidt and ex-U.S. climate envoy John Kerry. The event provided a platform for discussing critical issues in technology and innovation. Linda Yaccarino, CEO of Musk-owned social media platform X, is expected to join a panel discussion on the future of content, further highlighting the intersection of technology and policy.

The broader implications

Musk's opposition to tariffs underscores the ongoing debate about the best strategies to support domestic industries while fostering international trade. The automotive sector, particularly the EV market, is a focal point in this discussion. As countries navigate the complexities of global trade, the balance between protectionism and free market principles remains a contentious issue.

Elon Musk's reversal on the need for U.S. tariffs on Chinese EVs marks a notable shift in his approach to international trade. His call for a free market, devoid of tariffs that distort competition, reflects his confidence in Tesla's competitive strength. As the global automotive landscape evolves, the debate over trade policies and market strategies will continue to shape the industry's future.

The road ahead

The evolving trade policies and their impact on the automotive industry will be closely monitored by stakeholders worldwide. Musk's comments at VivaTech highlight the ongoing challenges and opportunities within the EV market. As Tesla and other automakers navigate these dynamics, their strategies and responses will significantly influence the future of global automotive trade.

Tesla founder Elon Musk has expressed his opposition to U.S. tariffs on Chinese electric vehicles (EVs), reversing his previous stance that trade barriers were necessary to protect American car companies.

Tesla founder Elon Musk has expressed his opposition to U.S. tariffs on Chinese electric vehicles (EVs), reversing his previous stance that trade barriers were necessary to protect American car companies. Speaking at the Viva Technology conference in Paris, Musk emphasised the importance of a free market and criticised measures that distort market dynamics. A shift in perspective Earlier this year, Musk warned that Chinese automakers would dominate global competition without trade barriers. "If there are no trade barriers established, they will pretty much demolish most other car companies in the world," Musk stated during a post-earnings analyst call in January. However, in a significant shift, he now argues against tariffs that hinder free trade. Biden administration's tariff strategy This month, U.S. President Joe Biden introduced new tariffs on various Chinese imports, including EVs, as part of a broader strategy to bolster American manufacturing. The Biden administration has upheld several tariffs initiated by former President Donald Trump and increased others, including quadrupling EV duties to over 100%. The White House reported that these measures impact $18 billion worth of imported Chinese goods. Musk's stance at VivaTech During his video address at the Viva Technology conference, Musk clarified his position. "Neither Tesla nor I asked for these tariffs; in fact, I was surprised when they were announced," Musk said. He emphasised that actions restricting free exchange or distorting the market are detrimental. "Tesla competes quite well in the market in China with no tariffs and no deferential support. I’m in favour of no tariffs," he added. Contradictions and market dynamics Musk's current stance contrasts sharply with his January remarks, highlighting the complex dynamics of international trade and the automotive market. The change in his perspective may reflect evolving business strategies and market conditions. Despite the challenges posed by Chinese competition, Musk seems confident in Tesla's ability to compete globally without protective tariffs. Industry and political reactions The Viva Technology conference saw participation from notable tech executives and political figures, including former Google CEO Eric Schmidt and ex-U.S. climate envoy John Kerry. The event provided a platform for discussing critical issues in technology and innovation. Linda Yaccarino, CEO of Musk-owned social media platform X, is expected to join a panel discussion on the future of content, further highlighting the intersection of technology and policy. The broader implications Musk's opposition to tariffs underscores the ongoing debate about the best strategies to support domestic industries while fostering international trade. The automotive sector, particularly the EV market, is a focal point in this discussion. As countries navigate the complexities of global trade, the balance between protectionism and free market principles remains a contentious issue. Elon Musk's reversal on the need for U.S. tariffs on Chinese EVs marks a notable shift in his approach to international trade. His call for a free market, devoid of tariffs that distort competition, reflects his confidence in Tesla's competitive strength. As the global automotive landscape evolves, the debate over trade policies and market strategies will continue to shape the industry's future. The road ahead The evolving trade policies and their impact on the automotive industry will be closely monitored by stakeholders worldwide. Musk's comments at VivaTech highlight the ongoing challenges and opportunities within the EV market. As Tesla and other automakers navigate these dynamics, their strategies and responses will significantly influence the future of global automotive trade.

Elon Musk opposes U.S. tariffs on Chinese EVs, calls for free market

Elon Musk, the billionaire CEO of Tesla, has said that artificial intelligence (AI) will eventually eliminate all jobs. However, he affirmed that this is not necessarily an adverse development.&nbsp;

Speaking at a startup and tech event in Paris on Thursday (May 23) via video link, Musk said, "Probably none of us will have a job", while predicting a future where jobs would be “optional”.&nbsp;

"If you want to do a job that's kinda like a hobby, you can do a job," &nbsp;Musk told VivaTech 2024. "But otherwise, AI and the robots will provide any goods and services that you want."&nbsp;

Also read:&nbsp;<a href="https://www.wionews.com/world/worlds-biggest-tech-companies-pledge-responsible-development-of-ai-724298">World’s biggest tech companies pledge ‘responsible’ development of AI</a>&nbsp;

During his keynote address, Musk highlighted that for this scenario to succeed, there would need to be a "universal high income," which should not be confused with universal basic income. However, he did not share what that could look like. &nbsp;

The Universal basic income (UBI) refers to the government providing a certain amount of money to everyone, regardless of their earnings.&nbsp;

"There would be no shortage of goods or services," Musk stated, but wondered if people would feel emotionally fulfilled in a job-free future.&nbsp;

He underlined that AI capabilities have advanced rapidly over the past few years, so briskly that regulators, companies, and users are still figuring out how to utilise the technology responsibly.&nbsp;

Also read:&nbsp;<a href="https://www.wionews.com/technology/apple-launches-ios-update-to-prevent-reappearance-of-deleted-photos-724277">Apple launches iOS update to prevent reappearance of deleted photos</a>&nbsp;

During his speech on Thursday, he described the technology as his "biggest fear". &nbsp;

He also cited the "Culture Book Series" by Ian Banks, a utopian fictionalised depiction of a society run by advanced technology, as the most realistic and "the best envisioning of a future AI."&nbsp;

"The question will really be one of meaning - if the computer and robots can do everything better than you, does your life have meaning?" Musk said.&nbsp;

He added, "I do think there's perhaps still a role for humans in this - in that we may give AI meaning."&nbsp;

Watch:&nbsp;Quiet vacationing: Latest workplace trend of 2024&nbsp;

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Concerns continue to mount over how various industries and jobs will change as AI proliferates in the market.&nbsp;

In January, researchers at MIT's Computer Science and Artificial Intelligence Lab found that workplaces are adopting AI more slowly than some had expected and feared. &nbsp;

The report also noted that the lion’s share of jobs previously identified as vulnerable to AI were not economically beneficial for employers to automate at that time.&nbsp;

Experts largely believe that many jobs requiring high emotional intelligence and human interaction, such as mental health professionals, creatives, and teachers, will not need replacing.&nbsp;

(With inputs from agencies)&nbsp;

Elon Musk, the billionaire CEO of Tesla, has said that artificial intelligence (AI) will eventually eliminate all jobs. However, he affirmed that this is not necessarily an adverse development.

Elon Musk, the billionaire CEO of Tesla, has said that artificial intelligence (AI) will eventually eliminate all jobs. However, he affirmed that this is not necessarily an adverse development. Speaking at a startup and tech event in Paris on Thursday (May 23) via video link, Musk said, "Probably none of us will have a job", while predicting a future where jobs would be “optional”. "If you want to do a job that's kinda like a hobby, you can do a job," Musk told VivaTech 2024. "But otherwise, AI and the robots will provide any goods and services that you want." Also read: World’s biggest tech companies pledge ‘responsible’ development of AI During his keynote address, Musk highlighted that for this scenario to succeed, there would need to be a "universal high income," which should not be confused with universal basic income. However, he did not share what that could look like. The Universal basic income (UBI) refers to the government providing a certain amount of money to everyone, regardless of their earnings. "There would be no shortage of goods or services," Musk stated, but wondered if people would feel emotionally fulfilled in a job-free future. He underlined that AI capabilities have advanced rapidly over the past few years, so briskly that regulators, companies, and users are still figuring out how to utilise the technology responsibly. Also read: Apple launches iOS update to prevent reappearance of deleted photos During his speech on Thursday, he described the technology as his "biggest fear". He also cited the "Culture Book Series" by Ian Banks, a utopian fictionalised depiction of a society run by advanced technology, as the most realistic and "the best envisioning of a future AI." "The question will really be one of meaning - if the computer and robots can do everything better than you, does your life have meaning?" Musk said. He added, "I do think there's perhaps still a role for humans in this - in that we may give AI meaning." Watch: Quiet vacationing: Latest workplace trend of 2024 × Concerns continue to mount over how various industries and jobs will change as AI proliferates in the market. In January, researchers at MIT's Computer Science and Artificial Intelligence Lab found that workplaces are adopting AI more slowly than some had expected and feared. The report also noted that the lion’s share of jobs previously identified as vulnerable to AI were not economically beneficial for employers to automate at that time. Experts largely believe that many jobs requiring high emotional intelligence and human interaction, such as mental health professionals, creatives, and teachers, will not need replacing. (With inputs from agencies)

Elon Musk says AI will eliminate all jobs, calls it his ‘biggest fear’

Electric vehicle giant Tesla is taking proactive measures to safeguard its supply chain by urging suppliers to establish production facilities outside of China and Taiwan. This strategic move comes in response to the growing geopolitical tensions in the region, which pose potential risks to the company's operations.

According to multiple sources with direct knowledge of the matter, Tesla has requested that suppliers producing components such as printed circuit boards, displays, and electronic control unit systems for its non-China market models shift their manufacturing to locations beyond China and Taiwan. The American EV maker cited mounting geopolitical risks in the Greater China region, particularly in light of the upcoming U.S. presidential election, as the driving force behind this request.

The primary objective is to develop alternative supply sources for markets outside of China, thereby mitigating the potential for supply chain disruptions. One Taiwan-based supplier revealed that Tesla aims to have components manufactured "out of China and out of Taiwan" (OOC and OOT) starting from next year's new projects.

Tesla's efforts extend beyond its Taiwanese suppliers, as the company has engaged in discussions with manufacturers in Japan, South Korea, and other Asian countries. Executives from Japanese electronics makers have confirmed their involvement in these conversations.

Suppliers are already taking action to comply with Tesla's directive. One component supplier is ramping up production capacity in Thailand to meet the demand for components manufactured outside of China and Taiwan. Another executive highlighted the adoption of the "China+1 strategy," which involves avoiding Taiwan alongside China in the supply chain.

While Tesla appears to be the most proactive in mitigating risks associated with China and Taiwan, other American automakers, such as General Motors and Ford, have also explored the possibility of relocating electronics production away from these regions. However, unlike Tesla, they have not yet issued formal requests to their suppliers.

The urgency behind Tesla's requests stems from the escalating tensions between Beijing and Taipei, exacerbated by factors such as Washington's export controls on advanced technologies to China and Taiwan's hosting of a visit by former U.S. House Speaker Nancy Pelosi in 2022. Chinese President Xi Jinping has intensified pressure on the island through repeated military drills and frequent flights over the Taiwan Strait.

Moreover, Tesla faces increasing competition from Chinese EV manufacturers like BYD, which claimed a 15% share of the global battery electric vehicle (BEV) market in the first quarter of 2024, surpassing Tesla's 19% share. This competition has prompted Tesla to explore parallel supply chains while maintaining a presence in China, as evidenced by CEO Elon Musk's recent visit to secure approval for the company's advanced driver-assist software.

The tech-heavy nature of EVs has put their supply chains at the centre of the U.S.- China technology rivalry. With China and Taiwan producing the bulk of vital electronics components, analysts suggest that it is logical for automakers like Tesla to request production capacity outside of these regions to prevent potential disruptions.

Electric vehicle giant Tesla is taking proactive measures to safeguard its supply chain by urging suppliers to establish production facilities outside of China and Taiwan.

Electric vehicle giant Tesla is taking proactive measures to safeguard its supply chain by urging suppliers to establish production facilities outside of China and Taiwan. This strategic move comes in response to the growing geopolitical tensions in the region, which pose potential risks to the company's operations. According to multiple sources with direct knowledge of the matter, Tesla has requested that suppliers producing components such as printed circuit boards, displays, and electronic control unit systems for its non-China market models shift their manufacturing to locations beyond China and Taiwan. The American EV maker cited mounting geopolitical risks in the Greater China region, particularly in light of the upcoming U.S. presidential election, as the driving force behind this request. The primary objective is to develop alternative supply sources for markets outside of China, thereby mitigating the potential for supply chain disruptions. One Taiwan-based supplier revealed that Tesla aims to have components manufactured "out of China and out of Taiwan" (OOC and OOT) starting from next year's new projects. Tesla's efforts extend beyond its Taiwanese suppliers, as the company has engaged in discussions with manufacturers in Japan, South Korea, and other Asian countries. Executives from Japanese electronics makers have confirmed their involvement in these conversations. Suppliers are already taking action to comply with Tesla's directive. One component supplier is ramping up production capacity in Thailand to meet the demand for components manufactured outside of China and Taiwan. Another executive highlighted the adoption of the "China+1 strategy," which involves avoiding Taiwan alongside China in the supply chain. While Tesla appears to be the most proactive in mitigating risks associated with China and Taiwan, other American automakers, such as General Motors and Ford, have also explored the possibility of relocating electronics production away from these regions. However, unlike Tesla, they have not yet issued formal requests to their suppliers. The urgency behind Tesla's requests stems from the escalating tensions between Beijing and Taipei, exacerbated by factors such as Washington's export controls on advanced technologies to China and Taiwan's hosting of a visit by former U.S. House Speaker Nancy Pelosi in 2022. Chinese President Xi Jinping has intensified pressure on the island through repeated military drills and frequent flights over the Taiwan Strait. Moreover, Tesla faces increasing competition from Chinese EV manufacturers like BYD, which claimed a 15% share of the global battery electric vehicle (BEV) market in the first quarter of 2024, surpassing Tesla's 19% share. This competition has prompted Tesla to explore parallel supply chains while maintaining a presence in China, as evidenced by CEO Elon Musk's recent visit to secure approval for the company's advanced driver-assist software. The tech-heavy nature of EVs has put their supply chains at the centre of the U.S.- China technology rivalry. With China and Taiwan producing the bulk of vital electronics components, analysts suggest that it is logical for automakers like Tesla to request production capacity outside of these regions to prevent potential disruptions.

Tesla looks past China, Taiwan for parts supply

A group of Tesla shareholders is urging investors to vote against a $40 billion compensation package for CEO Elon Musk, claiming it is not in the company's best interest.

Tesla shareholders oppose Musk’s pay

Less than a month ago, Neuralink announced that its brain-computer interface had been approved for human testing. However, Reuters has now reported that the U.S. Food and Drug Administration (FDA) discovered that the company had failed to keep records of animal experiments. The FDA also said that there were some issues with quality control. Investigators found quality control lapses at Neuralink’s animal research facilities in California. However, similar inspections of facilities in Texas found no problems.

US FDA clears Neuralink's brain chip implant in second patient, says report

Elon Musk, CEO of SpaceX and Tesla, and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX's Starlink satellite internet service on Sunday, intending to improve healthcare access in rural areas of the vast Indonesian archipelago.

Musk, who landed on the Indonesian resort island of Bali by private aircraft, attended the inauguration event at a community health centre in Denpasar, the province's capital. Musk, dressed in a green batik shirt, highlighted that Starlink would greatly improve internet connectivity for millions across Indonesia's more than 17,000 islands and three time zones.

"I'm very excited to bring connectivity to places that have low connectivity," Musk stated. "If you have access to the internet, you can learn anything."

On Sunday, the Starlink service was launched in three Indonesian health centres, two in Bali and one on the remote Maluku Island of Aru. A video presentation illustrated how high-speed internet may allow for real-time data input, assisting in the management of health conditions including stunting and malnutrition.

When asked about possible investments in Indonesia's electric vehicle business, Musk highlighted his current emphasis on Starlink. "We are focusing this event on Starlink and the benefits that connectivity brings to remote islands," he explained. "I think it's really to emphasise the importance of internet connectivity, how much of that can be a lifesaver."

Indonesia, which has over 270 million people, has been pursuing Musk's Tesla to help build its electric vehicle sector by utilising the country's enormous nickel resources. Musk is set to meet President Joko Widodo today&nbsp;and speak at the World Water Forum in Bali.

At the Bali inauguration, Communications Minister Budi Arie Setiadi revealed that Starlink is now commercially available, with a focus on outer and underdeveloped districts. Before the launch, Starlink was awarded a permit to operate as a retail internet service provider as well as a very small aperture terminal (VSAT) permit, according to Setiadi.

SpaceX's Starlink dominates the satellite internet business, with over 60 per cent of the 7,500 spacecraft orbiting Earth. Indonesia is the third Southeast Asian country that Starlink operates, after Malaysia and the Philippines. Malaysia licensed the service this year, while a Philippine company signed an agreement with SpaceX in 2022.

Starlink's global network includes a strong presence in Ukraine, where it serves military, healthcare, business, and humanitarian operations.

(With inputs from Reuters)

Elon Musk, CEO of SpaceX and Tesla, and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX's Starlink satellite internet service on Sunday, intending to improve healthcare access in rural areas of the vast Indonesian archipelago.

Elon Musk, CEO of SpaceX and Tesla, and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX's Starlink satellite internet service on Sunday, intending to improve healthcare access in rural areas of the vast Indonesian archipelago. Musk, who landed on the Indonesian resort island of Bali by private aircraft, attended the inauguration event at a community health centre in Denpasar, the province's capital. Musk, dressed in a green batik shirt, highlighted that Starlink would greatly improve internet connectivity for millions across Indonesia's more than 17,000 islands and three time zones. "I'm very excited to bring connectivity to places that have low connectivity," Musk stated. "If you have access to the internet, you can learn anything." On Sunday, the Starlink service was launched in three Indonesian health centres, two in Bali and one on the remote Maluku Island of Aru. A video presentation illustrated how high-speed internet may allow for real-time data input, assisting in the management of health conditions including stunting and malnutrition. When asked about possible investments in Indonesia's electric vehicle business, Musk highlighted his current emphasis on Starlink. "We are focusing this event on Starlink and the benefits that connectivity brings to remote islands," he explained. "I think it's really to emphasise the importance of internet connectivity, how much of that can be a lifesaver." Indonesia, which has over 270 million people, has been pursuing Musk's Tesla to help build its electric vehicle sector by utilising the country's enormous nickel resources. Musk is set to meet President Joko Widodo today and speak at the World Water Forum in Bali. At the Bali inauguration, Communications Minister Budi Arie Setiadi revealed that Starlink is now commercially available, with a focus on outer and underdeveloped districts. Before the launch, Starlink was awarded a permit to operate as a retail internet service provider as well as a very small aperture terminal (VSAT) permit, according to Setiadi. SpaceX's Starlink dominates the satellite internet business, with over 60 per cent of the 7,500 spacecraft orbiting Earth. Indonesia is the third Southeast Asian country that Starlink operates, after Malaysia and the Philippines. Malaysia licensed the service this year, while a Philippine company signed an agreement with SpaceX in 2022. Starlink's global network includes a strong presence in Ukraine, where it serves military, healthcare, business, and humanitarian operations. (With inputs from Reuters)

Elon Musk and Indonesian Health Minister launch SpaceX's Starlink Internet for remote health access

The Hong Kong Securities and Futures Commission (SFC) has recently issued a severe warning about a deepfake scam involving Elon Musk, aimed at promoting a fraudulent cryptocurrency trading platform called "Quantum AI". Based on a South China Morning Post Report, this incident highlights a growing trend in AI-related fraud, particularly within Asia.<o:p></o:p>

Quantum AI scam and regulatory response<o:p></o:p>

On May 8, the SFC alerted the public to the scam, which uses manipulated videos of Elon Musk to attract investors with promises of unrealistic returns. The regulator urged the Hong Kong Police Force to block access to related websites and social media pages. As of this week, these sites and Facebook groups have been taken down.<o:p></o:p>

Increase in deepfake fraud<o:p></o:p>

Incidents involving deepfake technology have surged dramatically. In the Asia-Pacific region, deepfake-related fraud increased by an alarming 1,530 per cent last year, with Vietnam and Japan experiencing the highest number of attacks, according to a report by identity verification platform Sumsub.Penny Chai, Sumsub’s Vice-President of Business Development in APAC, noted that the high volume of digital financial transactions in emerging markets like Asia makes the region a lucrative target for deepfake scammers.<o:p></o:p>

Details of the scam<o:p></o:p>

The Quantum AI scam has been around for at least a year, recycling various iterations to target different groups. One video, debunked by PolitiFact, falsely depicted Musk and Jack Ma promoting the platform, using footage from the 2019 World AI Conference in Shanghai. Another video altered Musk’s appearance on Tucker Carlson’s Fox News show to endorse the scam.<o:p></o:p>

Technological exploits and financial impact<o:p></o:p>

Scammers use inexpensive hosting providers and flexible technologies like WordPress to create convincing websites. One prominent site requires a minimum deposit of $250 and advises users to invest only what they are prepared to lose completely.<o:p></o:p>

Hong Kong has been identified as one of the top five markets in Asia for identity fraud, with a rate of 3.3 per cent last year. The rate of fintech fraud in Hong Kong increased by 216 per cent in the first quarter of this year compared to the same period last year, reflecting a rapid escalation in fraudulent activities.<o:p></o:p>

High-profile deepfake incidents<o:p></o:p>

Deepfake technology has already led to significant financial losses. In 2020, a Japanese bank manager was deceived by a fake audio mimicking his director’s voice, resulting in a $35 million transfer. Similarly, a multinational company lost $25.6 million through a deepfake video call that impersonated its chief financial officer.<o:p></o:p>

Ongoing efforts and additional warnings<o:p></o:p>

The SFC has been vigilant in flagging crypto-related scams, with 18 of the 29 warnings about suspicious virtual asset trading platforms issued this year alone. The JPEX scandal last September, involving a loss of approximately HK$1.5 billion ($192 million), remains one of the largest financial frauds in Hong Kong’s history.<o:p></o:p>

Recently, the SFC also warned against an investment product called LENA Network, which involves cryptocurrency staking, borrowing, and lending. The regulator cautioned that staking arrangements might constitute unauthorised collective investment schemes and pose high risks.<o:p></o:p>

<o:p>&nbsp;</o:p>

The Hong Kong Securities and Futures Commission (SFC) has recently issued a severe warning about a deepfake scam involving Elon Musk, aimed at promoting a fraudulent cryptocurrency trading platform called "Quantum AI".

The Hong Kong Securities and Futures Commission (SFC) has recently issued a severe warning about a deepfake scam involving Elon Musk, aimed at promoting a fraudulent cryptocurrency trading platform called "Quantum AI". Based on a South China Morning Post Report, this incident highlights a growing trend in AI-related fraud, particularly within Asia. Quantum AI scam and regulatory response On May 8, the SFC alerted the public to the scam, which uses manipulated videos of Elon Musk to attract investors with promises of unrealistic returns. The regulator urged the Hong Kong Police Force to block access to related websites and social media pages. As of this week, these sites and Facebook groups have been taken down. Increase in deepfake fraud Incidents involving deepfake technology have surged dramatically. In the Asia-Pacific region, deepfake-related fraud increased by an alarming 1,530 per cent last year, with Vietnam and Japan experiencing the highest number of attacks, according to a report by identity verification platform Sumsub.Penny Chai, Sumsub’s Vice-President of Business Development in APAC, noted that the high volume of digital financial transactions in emerging markets like Asia makes the region a lucrative target for deepfake scammers. Details of the scam The Quantum AI scam has been around for at least a year, recycling various iterations to target different groups. One video, debunked by PolitiFact, falsely depicted Musk and Jack Ma promoting the platform, using footage from the 2019 World AI Conference in Shanghai. Another video altered Musk’s appearance on Tucker Carlson’s Fox News show to endorse the scam. Technological exploits and financial impact Scammers use inexpensive hosting providers and flexible technologies like WordPress to create convincing websites. One prominent site requires a minimum deposit of $250 and advises users to invest only what they are prepared to lose completely. Hong Kong has been identified as one of the top five markets in Asia for identity fraud, with a rate of 3.3 per cent last year. The rate of fintech fraud in Hong Kong increased by 216 per cent in the first quarter of this year compared to the same period last year, reflecting a rapid escalation in fraudulent activities. High-profile deepfake incidents Deepfake technology has already led to significant financial losses. In 2020, a Japanese bank manager was deceived by a fake audio mimicking his director’s voice, resulting in a $35 million transfer. Similarly, a multinational company lost $25.6 million through a deepfake video call that impersonated its chief financial officer. Ongoing efforts and additional warnings The SFC has been vigilant in flagging crypto-related scams, with 18 of the 29 warnings about suspicious virtual asset trading platforms issued this year alone. The JPEX scandal last September, involving a loss of approximately HK$1.5 billion ($192 million), remains one of the largest financial frauds in Hong Kong’s history. Recently, the SFC also warned against an investment product called LENA Network, which involves cryptocurrency staking, borrowing, and lending. The regulator cautioned that staking arrangements might constitute unauthorised collective investment schemes and pose high risks.

Deepfake crypto scam using Elon Musk underlines the rising AI fraud in Hong Kong

Hong Kong Securities and Futures Commission (SFC) warned of a scam using deepfakes of Elon Musk touting a cryptocurrency trading platform called "Quantum AI". Watch in for more details!

Hong Kong-based fraud crypto exchange uses deepfakes of Elon Musk

Billionaire Elon Musk would be visiting Indonesia to launch SpaceX's satellite unit Starlink on Sunday, the news agency Reuters reported on Thursday (May 16), citing two cabinet ministers.

Billionaire Elon Musk would be visiting Indonesia to launch SpaceX's satellite unit Starlink on Sunday, the news agency Reuters reported on Thursday (May 16), citing two cabinet ministers. One of the ministers Luhut Pandjaitan told Reuters that Musk would launch Starlink in Bali in the presence of Indonesian President Joko Widodo. This would be Musk's first in-person visit to the Asian country. Communications Minister Budi Arie Setiadi told the news agency that the Starlink launch would be held at a clinic in Bali's capital Denpasar, where Musk was scheduled to sign an agreement on connectivity for the health sector. Also read | Elon Musk’s Starlink satellites disrupted by major solar storm Musk would also be addressing the World Water Forum in Bali. Starlink expected to provide services in remote areas Earlier in May, Starlink secured a permit to commercially offer its internet services in Indonesia. Starlink will cooperate with local network access providers and Indonesia expects the firm to provide internet services to its remote areas. Also watch | Elon Musk reacts to equal representation act bill, says 'going to be even more crazy' × Starlink is the world's first and largest satellite constellation using a low Earth orbit to deliver broadband internet capable of supporting streaming, online gaming, video calls and more. "Leveraging advanced satellites and user hardware coupled with our deep experience with both spacecraft and on-orbit operations, Starlink delivers high-speed, low-latency internet to users all over the world," SpaceX's website states. How many countries currently use Starlink Currently, Starlink is available in France, Germany, Ireland, the Netherlands, Austria, Belgium, Denmark, Portugal, the United Kingdom (UK), Canada, the United States (US), Australia, New Zealand, Japan, Malaysia, the Philippines, Brazil, and Chile. SpaceX states that each satellite features a compact, flat-panel design that minimises volume, allowing for a dense launch stack to take full advantage of the launch capabilities of the Falcon 9 rocket. (With inputs from agencies)

Elon Musk to launch Starlink satellite in Indonesia on Sunday

Amidst decreasing sales and an intensifying price war, Tesla revealed its plan to lay off another 601 employees in California in a notice to the state government. The job cuts began a month ago and the automaker is on a roll to cut costs.

On April 15, Tesla CEO Elon Musk announced that the carmaker would cut “more than 10 per cent” of its total workforce, more than 14,000 jobs, in order to be “lean, innovative and hungry”.

According to sources familiar with the matter, since Musk wanted to slash 20% of its headcount, the electric vehicle maker has since then, conducted several rounds of job cuts.

The urgency of the shift was highlighted by Tesla reporting a decline of almost 10 per cent in revenues in the first quarter of this year, its first year-on-year quarterly drop since the start of 2020. The share price has more than halved from its November 2021 peak of just under USD 410 a share.

The latest round of layoffs would have a direct impact on employees at Tesla’s facilities in Palo Alto and Fremont, California. According to the Worker Adjustment and Retraining Notification (WARN), Tesla said that the layoffs would be implemented during the 14-day period beginning June 20, 2024.

Last month, the electric car maker said that it would lay off 6,020 people in California and Texas, as part of the headcount cuts. The industry-wide job reduction also included 285 employees at its Buffalo, New York facilities that consisted of the labelling team for its Autopilot driver assistance software and the ones that make fast-charging equipment.&nbsp;

Musk disbanded Tesla's Supercharger team on April 30.&nbsp;

Tesla’s supercharger system is among the largest charging networks in the world and was one the reasons the company enjoyed such a commanding lead over rival carmakers for so long. &nbsp;

He has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives Rebecca Tinucci, and Daniel Ho and fired hundreds more staff as the electric car maker continues its restructuring amid a sharp downturn in the EV market. 
&nbsp;

Amidst decreasing sales and an intensifying price war, Tesla revealed its plan to lay off another 601 employees in California in a notice to the state government.

Amidst decreasing sales and an intensifying price war, Tesla revealed its plan to lay off another 601 employees in California in a notice to the state government. The job cuts began a month ago and the automaker is on a roll to cut costs. On April 15, Tesla CEO Elon Musk announced that the carmaker would cut “more than 10 per cent” of its total workforce, more than 14,000 jobs, in order to be “lean, innovative and hungry”. According to sources familiar with the matter, since Musk wanted to slash 20% of its headcount, the electric vehicle maker has since then, conducted several rounds of job cuts. The urgency of the shift was highlighted by Tesla reporting a decline of almost 10 per cent in revenues in the first quarter of this year, its first year-on-year quarterly drop since the start of 2020. The share price has more than halved from its November 2021 peak of just under USD 410 a share. The latest round of layoffs would have a direct impact on employees at Tesla’s facilities in Palo Alto and Fremont, California. According to the Worker Adjustment and Retraining Notification (WARN), Tesla said that the layoffs would be implemented during the 14-day period beginning June 20, 2024. Last month, the electric car maker said that it would lay off 6,020 people in California and Texas, as part of the headcount cuts. The industry-wide job reduction also included 285 employees at its Buffalo, New York facilities that consisted of the labelling team for its Autopilot driver assistance software and the ones that make fast-charging equipment. Musk disbanded Tesla's Supercharger team on April 30. Tesla’s supercharger system is among the largest charging networks in the world and was one the reasons the company enjoyed such a commanding lead over rival carmakers for so long. He has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives Rebecca Tinucci, and Daniel Ho and fired hundreds more staff as the electric car maker continues its restructuring amid a sharp downturn in the EV market.

Tesla to cut around 600 more jobs in California

In a legal battle with global implications, Elon Musk's social media platform X has won a temporary reprieve in Australia. The Australian government requested the removal of violent footage from a Sydney stabbing attack. X initially complied for Australian viewers but refused to remove it globally, sparking a free speech debate.

Court rejects Australian request to censor social media content on X

Elon Musk-owned X won a legal battle against the Australian online watchdog over imposing a global ban on dozens of videos shared of the church stabbing incident which have been shared and circulated on the social media platform.

Elon Musk-owned X won a legal battle against the Australian online watchdog over imposing a global ban on dozens of videos shared of the church stabbing incident which have been shared and circulated on the social media platform. The Australian online watchdog eSafety Commission had last month won a temporary court injunction after X had refused to abide by the regulator's orders to take down the videos. However, the legal block on the Sydney church stabbing videos was overturned by the Federal Court on Monday (May 13). Federal Court Justice Geoffrey Kennett denied an extension to the temporary order of removal of videos showing the stabbing of a priest in Sydney in April. Also Read: Australian watchdog seeks removal of stabbing video from X worldwide "The orders of the court will be that the application to extend the interlocutory injunction... is refused," said Kennett, without stating any reasons for his decision. X agreed to remove videos in Australia but failed to abide by the demand for worldwide removal Australia's eSafety Commissioner said that he wants the company, owned by Elon Musk, to remove 65 video and audio clips in Australia as well as worldwide. After the injunction, X had to hide nearly 65 posts which included Wakeley church stabbing videos. The social media site, earlier known as Twitter, had agreed to geo-block the posts so that users in Australia are not able to see them. However, the eSafety Commission stated that it was not sufficient. It demanded that the posts be pulled down by X globally and claimed that they are still easily accessible in Australia by using virtual private networks which mask the location of a user. As per the eSafety Commission, virtual private networks are used by nearly a quarter of Australians. The online watchdog had expressed worry that the video could be used for radicalising people online. However, lawyers representing X Corp said that there should have been no removal notice against the video as it was not overly graphic, did not meet the legal threshold for removal of the video as per Australian law and failed to glorify terrorism. Watch: Musk's net worth up $37.3 bn in biggest weekly gain since pre-Twitter deal This legal decision is not X's final legal win in the case which led to weeks of local debate between Prime Minister Anthony Albanese and Musk. The ruling of the court cannot be seen as a total victory for X since it had not abided by the order to take down the videos worldwide and could face further legal action. The case will help people understand the legal responsibilities of the social media platform and the use of geoblocking. (With inputs from agencies)

Elon Musk's X wins legal battle over ban on Australia church stabbing video

Tech's very own notorious kid - Elon Musk - is in the headlines again. This time it is his statement regarding the US elections. Musk took to his social media platform X and said that the 2024 elections will be the last election that will be fully decided by US citizens.

Elon Musk reacts to equal representation act bill, says 'going to be even more crazy'

Many protesters expressed dismay to the expansion of a Tesla plant in Grünheide, near Berlin, clashed with police last week when some of them attempted to barge in the electric vehicle manufacturing facility.

Approximately 800 people were part of the protest; according to the organising group Disrupt Tesla. The group also claims the expansion would damage the environment.

 
Tesla has intrigued fierce backlash since the company opened the factory in March 2022, and announced plans to expand into a nearby forest to increase its production capability.

 
In February, the town where the factory is situated opposed the proposals in a non-legally binding referendum. Following this, demonstrators have maintained an encampment nearby as a form of protest.

Read More:<a href="https://www.wionews.com/business-economy/france-secures-major-investments-and-jobs-from-amazon-pfizer-and-morgan-stanley-720840">&nbsp;France secures major investments and jobs &nbsp;from Amazon, Pfizer, and Morgan Stanley</a>

 
In a video, many people were seen wearing blue caps and masks coming from a nearby wooded area, attempted to storm the company’s premises while the police officers were trying to prevent them. At least one protester was detained.

 
The same facility was completely shut for a week in March after suspected arson disabled its power. A separate protest collective called Volcano Group took responsibility for the fire, calling for the “complete destruction of the gigafactory”.

 
According to Ole Becker, a spokesperson for Disrupt Tesla, the group aims to draw attention to the environmental harm caused by lithium mining in countries like Argentina or Bolivia. This mineral is crucial for manufacturing electric vehicle batteries.

 
“Why do the police let the leftwing protestors off so easily?” the Tesla CEO, Elon Musk, wrote on his social medial platform X, adding that the demonstrators could not through. Tesla, which dissolved its press department in 2020, did not respond to request for comment.

 
The police confirmed that the protesters tried to enter the plant’s premises, but were stopped, with several people taken into custody, and that it received a few reports of injuries.

 
“We protect the freedom of assembly,” said a Brandenburg police spokesperson, Mario Heinemann, “but we are also responsible for public order and safety. That means we will also intervene when necessary.”

 
The police spokesperson added that some demonstrators also damaged a few Tesla cars using pyrotechnics and paint at a nearby car storage site.

Earlier this week Tesla mentioned that it would shut the factory for one day on Friday, without specifying a reason.&nbsp;

(With inputs from Reuters)

Many protesters expressed dismay to the expansion of a Tesla plant in Grünheide, near Berlin, clashed with police last week when some of them attempted to barge in the electric vehicle manufacturing facility.

Many protesters expressed dismay to the expansion of a Tesla plant in Grünheide, near Berlin, clashed with police last week when some of them attempted to barge in the electric vehicle manufacturing facility. Approximately 800 people were part of the protest; according to the organising group Disrupt Tesla. The group also claims the expansion would damage the environment. Tesla has intrigued fierce backlash since the company opened the factory in March 2022, and announced plans to expand into a nearby forest to increase its production capability. In February, the town where the factory is situated opposed the proposals in a non-legally binding referendum. Following this, demonstrators have maintained an encampment nearby as a form of protest. Read More: France secures major investments and jobs from Amazon, Pfizer, and Morgan Stanley In a video, many people were seen wearing blue caps and masks coming from a nearby wooded area, attempted to storm the company’s premises while the police officers were trying to prevent them. At least one protester was detained. The same facility was completely shut for a week in March after suspected arson disabled its power. A separate protest collective called Volcano Group took responsibility for the fire, calling for the “complete destruction of the gigafactory”. According to Ole Becker, a spokesperson for Disrupt Tesla, the group aims to draw attention to the environmental harm caused by lithium mining in countries like Argentina or Bolivia. This mineral is crucial for manufacturing electric vehicle batteries. “Why do the police let the leftwing protestors off so easily?” the Tesla CEO, Elon Musk, wrote on his social medial platform X, adding that the demonstrators could not through. Tesla, which dissolved its press department in 2020, did not respond to request for comment. The police confirmed that the protesters tried to enter the plant’s premises, but were stopped, with several people taken into custody, and that it received a few reports of injuries. “We protect the freedom of assembly,” said a Brandenburg police spokesperson, Mario Heinemann, “but we are also responsible for public order and safety. That means we will also intervene when necessary.” The police spokesperson added that some demonstrators also damaged a few Tesla cars using pyrotechnics and paint at a nearby car storage site. Earlier this week Tesla mentioned that it would shut the factory for one day on Friday, without specifying a reason. (With inputs from Reuters)

Protestors try to attack German Tesla factory, clash with police

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