<p>Three brand-new Tesla cars that were abandoned and have been kept in shipping containers on a Chinese dock since 2010 will be sold for a record price. Reports suggest that the 2010 Tesla Roadsters were discovered recently in shipping containers at a port in Qingdao, China. Tesla's initial model, the Roadster, was produced between 2008 and 2012.</p>

<p>The cars were ordered 13 years ago by a buyer in China who never picked them up. Since then, they have been sitting in storage on the dock. There are two red and orange Sports variants, as well as an orange base model. Despite the fact that their batteries have failed due to inactivity, the cars are otherwise in factory condition.</p>

<p>Gruber Motor Company - a Tesla expert based in Phoenix - is now overseeing the auction and accepting bids. The cars are in their original factory condition, with some of their protective covering still on them, with the exception that their batteries no longer work owing to the extended period of not being used or recharged. Each Roadster has unsealed boxes in the trunk as well as a large bundle outside the vehicle.</p>

<p>The Gruber Motor Company, which has made a $2 million proposal for all three vehicles, has extended the deadline for greater offers. If the deal went through, each car would be worth $666,666.</p>

<p>''The Roadsters are being relocated into new sea containers over the next few days, in preparation for shipping either direct to the successful bidder, or to Dubai, which is a free zone, without the constraints for viewing permits required for prospective buyers wishing to examine the Roadsters,'' the company mentioned on its <a href="https://grubermotors.com/product/tesla-sport-roadster-china-3">website</a>.</p>

<p>Unless a sale occurs before then, the automobiles will be returned to the United States by mid-May. The vendor is willing to travel to China to meet with any potential buyers. In case a sale does not happen in China, the cars will be shipped to the company for further examination until an acceptable offer is made.</p>


Three brand-new Tesla cars that were abandoned and have been kept in shipping containers on a Chinese dock since 2010 will be sold for a record price. Reports suggest that the 2010 Tesla Roadsters were discovered recently in shipping containers at a port in Qingdao, China.

Three brand-new Tesla cars that were abandoned and have been kept in shipping containers on a Chinese dock since 2010 will be sold for a record price. Reports suggest that the 2010 Tesla Roadsters were discovered recently in shipping containers at a port in Qingdao, China. Tesla's initial model, the Roadster, was produced between 2008 and 2012. The cars were ordered 13 years ago by a buyer in China who never picked them up. Since then, they have been sitting in storage on the dock. There are two red and orange Sports variants, as well as an orange base model. Despite the fact that their batteries have failed due to inactivity, the cars are otherwise in factory condition. Gruber Motor Company - a Tesla expert based in Phoenix - is now overseeing the auction and accepting bids. The cars are in their original factory condition, with some of their protective covering still on them, with the exception that their batteries no longer work owing to the extended period of not being used or recharged. Each Roadster has unsealed boxes in the trunk as well as a large bundle outside the vehicle. The Gruber Motor Company, which has made a $2 million proposal for all three vehicles, has extended the deadline for greater offers. If the deal went through, each car would be worth $666,666. ''The Roadsters are being relocated into new sea containers over the next few days, in preparation for shipping either direct to the successful bidder, or to Dubai, which is a free zone, without the constraints for viewing permits required for prospective buyers wishing to examine the Roadsters,'' the company mentioned on its website. Unless a sale occurs before then, the automobiles will be returned to the United States by mid-May. The vendor is willing to travel to China to meet with any potential buyers. In case a sale does not happen in China, the cars will be shipped to the company for further examination until an acceptable offer is made.

These Tesla cars found in China after 13 years are worth $2 million

Elon Musk has taken a sharp detour, Twitter, the renowned social media giant, has plummeted in value to just one-third of its purchase price and financial services company fidelity recently marked down its equities.

Elon Musk's Twitter ad sales dip by 59%, says report

<p>In a major setback to Elon Musk, Twitter's US ad revenue has witnessed a massive slump of 59 per cent since he took over the company last year, according to media reports citing documents. Internal presentations circulating in media showed that Twitter's revenue for the period between April 1 and the first week of May had dropped to $88 million, a 59 per cent drop compared to the same period last year.</p>

<p>This comes even as Elon Musk claimed earlier that all advertisers had come back to the platform after initial concerns over content moderation and hate speech. Internal reports also show that the company has regularly missed its US sales targets over the past few months, sometimes by even 30 per cent.</p>

<h2><strong>Concerns over content moderation on Twitter</strong></h2>

<p>According to some Twitter employees, advertisers in the US could be abandoning the platform over the rise of pornographic and hate speech content on the platform. According to media reports, high-profile companies including Chevrolet, Chipotle Mexican Grill, Ford, and Jeep have halted advertising on the site. In November, a report emerged which claimed that almost half of the company's top 100 advertisers&nbsp;who spent more than $2 billion on Twitter ads since the beginning of 2020, had halted their campaigns on Twitter.</p>

<p><strong>Watch:&nbsp;Elon Musk launches new AI start up</strong></p>

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<p>However, Musk claimed in April this year that Twitter "could be profitable"&nbsp;as "almost all advertisers have come back or said they are going to come back". But that appears unlikely in the near future, fretted some Twitter employees.</p>

<h2><strong>Twitter Blue subscription model in tatters</strong></h2>

<p>Although Elon Musk, in an attempt to shore up Twitter's revenue, has introduced paid features like Twitter Blue&nbsp;on the social media platform, a report in early May revealed that more than half of Twitter Blue's earliest subscribers were not showing interest in renewing the subscription. According to a Mashable report, out of about 150,000 early Twitter Blue subscribers, "just around 68,157 have stuck around and maintained a paid subscription as of April 30".</p>

<p><a href="http://13.235.153.162/technology/elon-musk-hires-nbcuniversal-executive-joe-benarroch-to-boost-twitters-business-operations-600880"><strong>Also read:&nbsp;Elon Musk hires NBCUniversal executive Joe Benarroch to boost Twitter's business operations</strong></a></p>

<p>Earlier on April 20, chaos erupted at Twitter as the Elon Musk-led company removed all legacy blue ticks on the platform and rolled out its paid subscription model officially.</p>

<h2><strong>Twitter roping in new senior executives</strong></h2>

<p>The latest damning report regarding plummeting Twitter&nbsp;revenues comes as Elon Musk hired&nbsp;senior NBCUniversal executive Joe Benarroch to boost the company's business operations. The appointment of Benarroch comes within a month of Musk announcing NBCUniversal's head of advertising Linda Yaccarino as Twitter's new chief executive. At that time, it was revealed that she will assume her role at the company within six weeks.&nbsp;</p>

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In a major setback to Elon Musk, Twitter's US ad revenue has witnessed a massive slump of 59 per cent since he took over the company last year, according to media reports citing documents.

In a major setback to Elon Musk, Twitter's US ad revenue has witnessed a massive slump of 59 per cent since he took over the company last year, according to media reports citing documents. Internal presentations circulating in media showed that Twitter's revenue for the period between April 1 and the first week of May had dropped to $88 million, a 59 per cent drop compared to the same period last year. This comes even as Elon Musk claimed earlier that all advertisers had come back to the platform after initial concerns over content moderation and hate speech. Internal reports also show that the company has regularly missed its US sales targets over the past few months, sometimes by even 30 per cent. Concerns over content moderation on Twitter According to some Twitter employees, advertisers in the US could be abandoning the platform over the rise of pornographic and hate speech content on the platform. According to media reports, high-profile companies including Chevrolet, Chipotle Mexican Grill, Ford, and Jeep have halted advertising on the site. In November, a report emerged which claimed that almost half of the company's top 100 advertisers who spent more than $2 billion on Twitter ads since the beginning of 2020, had halted their campaigns on Twitter. Watch: Elon Musk launches new AI start up × However, Musk claimed in April this year that Twitter "could be profitable" as "almost all advertisers have come back or said they are going to come back". But that appears unlikely in the near future, fretted some Twitter employees. Twitter Blue subscription model in tatters Although Elon Musk, in an attempt to shore up Twitter's revenue, has introduced paid features like Twitter Blue on the social media platform, a report in early May revealed that more than half of Twitter Blue's earliest subscribers were not showing interest in renewing the subscription. According to a Mashable report, out of about 150,000 early Twitter Blue subscribers, "just around 68,157 have stuck around and maintained a paid subscription as of April 30". Also read: Elon Musk hires NBCUniversal executive Joe Benarroch to boost Twitter's business operations Earlier on April 20, chaos erupted at Twitter as the Elon Musk-led company removed all legacy blue ticks on the platform and rolled out its paid subscription model officially. Twitter roping in new senior executives The latest damning report regarding plummeting Twitter revenues comes as Elon Musk hired senior NBCUniversal executive Joe Benarroch to boost the company's business operations. The appointment of Benarroch comes within a month of Musk announcing NBCUniversal's head of advertising Linda Yaccarino as Twitter's new chief executive. At that time, it was revealed that she will assume her role at the company within six weeks. WATCH WION LIVE HERE ×

Elon Musk suffers major setback as Twitter US ad revenue drops 59 per cent since takeover: Report

<p>On his recent trip to China, Twitter owner Elon Musk was reportedly made privy to the nation's plans to launch new regulations on artificial intelligence (AI). The tech billionaire made his first comment on the two-day visit while speaking during a Twitter livestream with Robert Kennedy Jr, a Republican presidential hopeful, the nephew of John F. Kennedy.</p>

<h2><strong>What did Elon Musk say?</strong></h2>

<p>"Something that is worth noting is that on my recent trip to China, with the senior leadership there, we had, I think, some very productive discussions on artificial intelligence risks, and the need for some oversight or regulation."&nbsp;</p>

<p>"And my understanding from those conversations is that China will be initiating AI regulation in China," added Musk.</p>

<p>"I pointed out that if there is a digital super intelligence that is overwhelmingly powerful, developed in China, it is actually a risk to the sovereignty of the Chinese government," he said.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/trending/elon-musks-tweet-on-whatisawoman-fans-twitter-buzz-heres-all-you-need-to-know-600021">Elon Musk's tweet on #WhatIsAWoman fans Twitter buzz. Here's all you need to know</a></strong></p>

<p>Musk added that he thinks that "they (China) took that concern to heart."</p>

<p>As per AFP, Musk didn't elaborate on his discussions with China. However, he is believed to have been referring to China's new sweeping draft law on AI.</p>

<h2><strong>China's sweeping draft law on AI</strong></h2>

<p>China's new law requires new artificial intelligence products to undergo a security assessment before release. The AI products will also be subjected to a process that ensures that they reflect "core socialist values".</p>

<p>Called "Administrative Measures for Generative Artificial Intelligence Services" the edict reportedly bans content promoting "terrorist or extremist propaganda," "ethnic hatred" or "other content that may disrupt economic and social order" in the country.</p>

<p>As per AFP, under China's highly centralised political system, the measures are almost certain to become law.</p>

<h2><strong>Elon Musk's China visit</strong></h2>

<p>During his recent two-day visit to China, &nbsp;Elon Musk, one of the world's richest men,&nbsp;held meetings with the Asian giant's senior officials in the capital Beijing. He also met with employees in Shanghai.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/trending/delhi-polices-purrfect-reply-to-elon-musks-tweet-leaves-internet-in-splits-stst-599616">Delhi Police’s ‘purrfect’ reply to Elon Musk’s cat query tweet leaves internet in splits</a></strong></p>

<p>Musk did not tweet while in China, a nation where social media is highly regulated. Additionally, Tesla hasn't released readouts of his meetings with Chinese officials.</p>

<p>However, official Chinese channels, as per AFP, claimed that he lavished praise on China, praising the country for its "vitality and promise," and even expressed "full confidence in the China market."</p>

<h2><strong>Elon Musk and China</strong></h2>

<p>Musk's extensive interests in China have long raised eyebrows in Washington, reports AFP.&nbsp;</p>

<p>Previously the Tesla CEO had stirred controversy by suggesting that self-rule Taiwan — which Beijing has long claimed as its renegade province — should become a part of China. This stance was openly welcomed by China, however, it left Taipei miffed.</p>

<p><em>(With inputs from agencies)</em></p>

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On his recent trip to China, Twitter owner Elon Musk was reportedly made privy to the nation's plans to launch new regulations on artificial intelligence (AI). The tech billionaire made his first comment on the two-day visit while speaking during a Twitter livestream with Robert Kennedy Jr, a Republican presidential hopeful, the nephew of John F.

On his recent trip to China, Twitter owner Elon Musk was reportedly made privy to the nation's plans to launch new regulations on artificial intelligence (AI). The tech billionaire made his first comment on the two-day visit while speaking during a Twitter livestream with Robert Kennedy Jr, a Republican presidential hopeful, the nephew of John F. Kennedy. What did Elon Musk say? "Something that is worth noting is that on my recent trip to China, with the senior leadership there, we had, I think, some very productive discussions on artificial intelligence risks, and the need for some oversight or regulation." "And my understanding from those conversations is that China will be initiating AI regulation in China," added Musk. "I pointed out that if there is a digital super intelligence that is overwhelmingly powerful, developed in China, it is actually a risk to the sovereignty of the Chinese government," he said. Also read | Elon Musk's tweet on #WhatIsAWoman fans Twitter buzz. Here's all you need to know Musk added that he thinks that "they (China) took that concern to heart." As per AFP, Musk didn't elaborate on his discussions with China. However, he is believed to have been referring to China's new sweeping draft law on AI. China's sweeping draft law on AI China's new law requires new artificial intelligence products to undergo a security assessment before release. The AI products will also be subjected to a process that ensures that they reflect "core socialist values". Called "Administrative Measures for Generative Artificial Intelligence Services" the edict reportedly bans content promoting "terrorist or extremist propaganda," "ethnic hatred" or "other content that may disrupt economic and social order" in the country. As per AFP, under China's highly centralised political system, the measures are almost certain to become law. Elon Musk's China visit During his recent two-day visit to China, Elon Musk, one of the world's richest men, held meetings with the Asian giant's senior officials in the capital Beijing. He also met with employees in Shanghai. Also read | Delhi Police’s ‘purrfect’ reply to Elon Musk’s cat query tweet leaves internet in splits Musk did not tweet while in China, a nation where social media is highly regulated. Additionally, Tesla hasn't released readouts of his meetings with Chinese officials. However, official Chinese channels, as per AFP, claimed that he lavished praise on China, praising the country for its "vitality and promise," and even expressed "full confidence in the China market." Elon Musk and China Musk's extensive interests in China have long raised eyebrows in Washington, reports AFP. Previously the Tesla CEO had stirred controversy by suggesting that self-rule Taiwan — which Beijing has long claimed as its renegade province — should become a part of China. This stance was openly welcomed by China, however, it left Taipei miffed. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Elon Musk reveals China's plans to regulate artificial intelligence

The Chinese government will seek to initiate artificial intelligence regulations in its country, billionaire Elon Musk said after meeting with officials during his recent trip to China.

China close to initiating regulations for generative AI, says Elon Musk

<p>In another move aimed at taking a backseat at Twitter, US billionaire Elon Musk has hired senior NBCUniversal executive Joe Benarroch to boost the company's business operations. As per a BBC report, his role at Twitter starts Monday. Updating his LinkedIn profile, Benarroch wrote on the social media platform, "I am looking forward to bringing my experience to Twitter, and to working with the entire team to build Twitter 2.0 together."</p>

<p>His previous role at NBCUniversal was as executive vice president for communications, advertising and partnerships. Benarroch has also worked for social media giant Facebook.</p>

<h2><strong>Musk under pressure to focus on Tesla and SpaceX</strong></h2>

<p>The move comes amid increasing pressure on Elon Musk to put Twitter on the back burner and focus more on Tesla and SpaceX. The appointment of Benarroch comes within a month of Musk announcing NBCUniversal's head of advertising Linda Yaccarino as Twitter's new chief executive. At that time, it was revealed that she will assume her role at the company within six weeks.&nbsp;</p>

<p><a href="https://www.wionews.com/trending/elon-musk-shown-dapped-up-for-desi-wedding-with-henna-and-sherwani-600011"><strong>Also read|&nbsp;Elon Musk shown dapped up for desi wedding with henna and sherwani</strong></a></p>

<p>“I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote in a tweet last month. He said she “will focus primarily on business operations, while I focus on product design &amp; new technology".&nbsp;Yaccarino is a seasoned tech executive who has worked for more than 11 years for NBCUniversal.&nbsp;</p>

<p><strong>Watch:&nbsp;Elon Musk launches new AI start up</strong></p>

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<p>It has been speculated that Musk will continue to remain closely involved in the company.</p>

<h2><strong>Twitter's Trust and Safety Department still struggling</strong></h2>

<p>Towards the end of the previous week, reports were indicating the resignation of Twitter's second head of trust and safety, who served under the ownership of Elon Musk.</p>

<p>Ella Irwin assumed the position after the departure of the previous head, Yoel Roth, in November 2022. Roth left his role one month after Musk took control of the company.</p>

<p>The head of trust and safety is responsible for overseeing content moderation, which has become a significant topic of discussion following Musk's acquisition of the company.</p>

<p>The specific reason for Irwin's resignation remains unknown. However, it coincided with Musk publicly expressing his criticism of a content moderation decision made at Twitter, occurring just a day before her resignation.&nbsp;</p>

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In another move aimed at taking a backseat at Twitter, US billionaire Elon Musk has hired senior NBCUniversal executive Joe Benarroch to boost the company's business operations.

In another move aimed at taking a backseat at Twitter, US billionaire Elon Musk has hired senior NBCUniversal executive Joe Benarroch to boost the company's business operations. As per a BBC report, his role at Twitter starts Monday. Updating his LinkedIn profile, Benarroch wrote on the social media platform, "I am looking forward to bringing my experience to Twitter, and to working with the entire team to build Twitter 2.0 together." His previous role at NBCUniversal was as executive vice president for communications, advertising and partnerships. Benarroch has also worked for social media giant Facebook. Musk under pressure to focus on Tesla and SpaceX The move comes amid increasing pressure on Elon Musk to put Twitter on the back burner and focus more on Tesla and SpaceX. The appointment of Benarroch comes within a month of Musk announcing NBCUniversal's head of advertising Linda Yaccarino as Twitter's new chief executive. At that time, it was revealed that she will assume her role at the company within six weeks. Also read| Elon Musk shown dapped up for desi wedding with henna and sherwani “I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote in a tweet last month. He said she “will focus primarily on business operations, while I focus on product design & new technology". Yaccarino is a seasoned tech executive who has worked for more than 11 years for NBCUniversal. Watch: Elon Musk launches new AI start up × It has been speculated that Musk will continue to remain closely involved in the company. Twitter's Trust and Safety Department still struggling Towards the end of the previous week, reports were indicating the resignation of Twitter's second head of trust and safety, who served under the ownership of Elon Musk. Ella Irwin assumed the position after the departure of the previous head, Yoel Roth, in November 2022. Roth left his role one month after Musk took control of the company. The head of trust and safety is responsible for overseeing content moderation, which has become a significant topic of discussion following Musk's acquisition of the company. The specific reason for Irwin's resignation remains unknown. However, it coincided with Musk publicly expressing his criticism of a content moderation decision made at Twitter, occurring just a day before her resignation. WATCH WION LIVE HERE ×

Elon Musk hires NBCUniversal executive Joe Benarroch to boost Twitter's business operations

<p><meta name="uuid" content="uuid3TPYVXaKeT7P" /><meta charset="utf-8" /></p>

<p>Twitter's head of trust and safety Ella Irwin resigned on Friday (June 2) after owner Elon Musk endorsed an anti-transgender video shared on the social media platform. A post on Irwin's Twitter handle said, "I know there's been a lot of speculation regarding what happened."</p>

<p>"I did resign but this has been a once in a lifetime experience and I’m so thankful to have worked with this amazing team of passionate, creative and hardworking people. Will be cheering you all and Twitter as you go!" she tweeted.</p>

<p>Irwin is the second head of trust and safety to quit Twitter after Elon Musk took over the social media giant in October last year. Her departure came as Twitter was under pressure from backers of an anti-transgender video called "What Is A Woman" who claimed Twitter went back on a deal to distribute the content free on the platform.</p>

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<p dir="ltr" lang="en">Just kidding folks. 😂 There’s no thread. In all seriousness, I did resign but this has been a once in a lifetime experience and I’m so thankful to have worked with this amazing team of passionate, creative and hardworking people. Will be cheering you all and Twitter as you go!</p>
— Ella Irwin (@ellagirwin) <a href="https://twitter.com/ellagirwin/status/1664785100767395841?ref_src=twsrc%5Etfw">June 3, 2023</a></blockquote>
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<p>Backers of this video contended that the video was being suppressed at Twitter for not using people's chosen pronouns when it came to gender identification. Elon Musk said in a Twitter exchange with the conservative outlet behind the video that people made a mistake and the video, while possibly "rude," was not against the law.</p>

<h2><strong>What is the video about?</strong></h2>

<p>The video criticises gender and transgender issues. Matt Walsh, the maker of the film travels across the US and Africa posing a simple question: What is a woman?</p>

<p><strong>ALSO READ | <a href="https://www.wionews.com/trending/elon-musks-tweet-on-whatisawoman-fans-twitter-buzz-heres-all-you-need-to-know-600021">Elon Musk's tweet on #WhatIsAWoman fans Twitter buzz. Here's all you need to know</a></strong></p>

<p>The video was widely praised but was also criticised. As of late Friday, the video reading "Every parent should watch this" was pegged to the top of Musk's Twitter account.&nbsp;</p>

<p>Since taking over Twitter, Musk has repeatedly courted controversy, sacking most employees, suspending journalists and charging money for previously free services among other such measures.</p>

<p>In an interview with CNBC last month, Musk said he would continue to tweet his unfiltered thoughts even if it hurt his businesses. "I don't care," he said when asked what he thought of his controversial tweets making it harder to sell ads on the platform.&nbsp;</p>

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Twitter's head of trust and safety Ella Irwin resigned on Friday (June 2) after owner Elon Musk endorsed an anti-transgender video shared on the social media platform.

Twitter's head of trust and safety Ella Irwin resigned on Friday (June 2) after owner Elon Musk endorsed an anti-transgender video shared on the social media platform. A post on Irwin's Twitter handle said, "I know there's been a lot of speculation regarding what happened." "I did resign but this has been a once in a lifetime experience and I’m so thankful to have worked with this amazing team of passionate, creative and hardworking people. Will be cheering you all and Twitter as you go!" she tweeted. Irwin is the second head of trust and safety to quit Twitter after Elon Musk took over the social media giant in October last year. Her departure came as Twitter was under pressure from backers of an anti-transgender video called "What Is A Woman" who claimed Twitter went back on a deal to distribute the content free on the platform. Just kidding folks. 😂 There’s no thread. In all seriousness, I did resign but this has been a once in a lifetime experience and I’m so thankful to have worked with this amazing team of passionate, creative and hardworking people. Will be cheering you all and Twitter as you go! — Ella Irwin (@ellagirwin) June 3, 2023 × Backers of this video contended that the video was being suppressed at Twitter for not using people's chosen pronouns when it came to gender identification. Elon Musk said in a Twitter exchange with the conservative outlet behind the video that people made a mistake and the video, while possibly "rude," was not against the law. What is the video about? The video criticises gender and transgender issues. Matt Walsh, the maker of the film travels across the US and Africa posing a simple question: What is a woman? ALSO READ | Elon Musk's tweet on #WhatIsAWoman fans Twitter buzz. Here's all you need to know The video was widely praised but was also criticised. As of late Friday, the video reading "Every parent should watch this" was pegged to the top of Musk's Twitter account. Since taking over Twitter, Musk has repeatedly courted controversy, sacking most employees, suspending journalists and charging money for previously free services among other such measures. In an interview with CNBC last month, Musk said he would continue to tweet his unfiltered thoughts even if it hurt his businesses. "I don't care," he said when asked what he thought of his controversial tweets making it harder to sell ads on the platform. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Twitter executive quits after Elon Musk endorses anti-trans video on platform

<p>Artificial Intelligence has taken over the world by storm. While concerns related to the threat it poses to humanity have been asserted by AI pioneers and industry leaders themselves, the general meme consumer on the internet has taken its arrival a few notches down.</p>

<p>That's how people have been putting things (and other people out there) in the ways they want to see them. Whether it's the depiction of top Hollywood actors as Indian monks or in this case, Elon Musk enjoying his heart out at an Indian wedding.&nbsp;</p>

<p>The Twitter owner recently reacted to images of himself created using Midjourney generative artificial intelligence program in which he is seen donning a traditional Indian Sherwani and smiling his way into what appears to be a desi wedding.&nbsp;</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/business-economy/elon-musk-choosing-india-over-china-big-meet-in-delhi-to-decide-teslas-road-to-india-593390">Elon Musk choosing India over China? Big meet to decide Tesla's road to New Delhi</a></strong></p>

<p>The illustration showed billionaire business magnate donning a beige-coloured kurta with golden embroidery studded with a designer red dupatta and a sherwani. If that wasn't enough, the 51-year-old is also shown with henna on his hand.</p>

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<p dir="ltr" lang="en">A midjourney art of Elon Musk in an Indian attire is going viral in India. 🇮🇳 <a href="https://t.co/LD1KuIAHET">pic.twitter.com/LD1KuIAHET</a></p>
— DogeDesigner (@cb_doge) <a href="https://twitter.com/cb_doge/status/1664798316775841795?ref_src=twsrc%5Etfw">June 3, 2023</a></blockquote>
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<p>Elon Musk responded to the post with an 'I love it' reaction, with India's flag at the start and end.&nbsp;</p>

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<p dir="ltr" lang="en">🇮🇳 I love it! 🇮🇳</p>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1664799183063138304?ref_src=twsrc%5Etfw">June 3, 2023</a></blockquote>
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<p>On the other side of the serious AI discourse, world's top Artificial Intelligence researchers and industry leaders have reinforced the tech community's warnings about the existential threat they say AI poses to humanity.</p>

<p>A statement co-signed by individuals such as Google DeepMind CEO Demis Hassabis and OpenAI CEO Sam Altman, as well as Geoffrey Hinton and Youshua Bengio, warns: "Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war."</p>

<p><strong>Also watch |&nbsp;Explained: The future of Twitter under Elon Musk</strong></p>

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<p>Prior to that Elon Musk and a group of artificial intelligence experts and industry executives called&nbsp;for a six-month pause in developing systems more powerful than OpenAI's newly launched GPT-4, in an open letter citing potential risks to society.</p>

<p>"Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable," the letter issued by the Future of Life Institute had said.<br />
&nbsp;</p>

<p><strong>WATCH WION LIVE HERE</strong></p>

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Artificial Intelligence has taken over the world by storm. While concerns related to the threat it poses to humanity have been asserted by AI pioneers and industry leaders themselves, the general meme consumer on the internet has taken its arrival a few notches down.

Artificial Intelligence has taken over the world by storm. While concerns related to the threat it poses to humanity have been asserted by AI pioneers and industry leaders themselves, the general meme consumer on the internet has taken its arrival a few notches down. That's how people have been putting things (and other people out there) in the ways they want to see them. Whether it's the depiction of top Hollywood actors as Indian monks or in this case, Elon Musk enjoying his heart out at an Indian wedding. The Twitter owner recently reacted to images of himself created using Midjourney generative artificial intelligence program in which he is seen donning a traditional Indian Sherwani and smiling his way into what appears to be a desi wedding. Also read | Elon Musk choosing India over China? Big meet to decide Tesla's road to New Delhi The illustration showed billionaire business magnate donning a beige-coloured kurta with golden embroidery studded with a designer red dupatta and a sherwani. If that wasn't enough, the 51-year-old is also shown with henna on his hand. A midjourney art of Elon Musk in an Indian attire is going viral in India. 🇮🇳 pic.twitter.com/LD1KuIAHET — DogeDesigner (@cb_doge) June 3, 2023 × Elon Musk responded to the post with an 'I love it' reaction, with India's flag at the start and end. 🇮🇳 I love it! 🇮🇳 — Elon Musk (@elonmusk) June 3, 2023 × On the other side of the serious AI discourse, world's top Artificial Intelligence researchers and industry leaders have reinforced the tech community's warnings about the existential threat they say AI poses to humanity. A statement co-signed by individuals such as Google DeepMind CEO Demis Hassabis and OpenAI CEO Sam Altman, as well as Geoffrey Hinton and Youshua Bengio, warns: "Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war." Also watch | Explained: The future of Twitter under Elon Musk × Prior to that Elon Musk and a group of artificial intelligence experts and industry executives called for a six-month pause in developing systems more powerful than OpenAI's newly launched GPT-4, in an open letter citing potential risks to society. "Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable," the letter issued by the Future of Life Institute had said. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Elon Musk shown dapped up for desi wedding with henna and sherwani

<p>On Twitter, a very peculiar hashtag is trending. As per an analysis, WION ran using Tweet binder, in the last seven days, the hashtag #WhatIsAWoman has already garnered around 166,361 tweets. But what is it about? About one year ago, conservative commentator Matt Walsh released a documentary film titled 'What is a Woman' on the Daily Wire.&nbsp;</p>

<p>The film, which tackles gender and transgender issues,&nbsp;was initially only available for subscription-only streaming services. However, on June 2nd, the American conservative news website and media company posted the 1 hour 34 minutes long film for free viewing on Twitter.</p>

<p>Needless to say, the film and the hashtag #WhatIsAWoman have since then spread like wildfire. Here's everything you need to know.</p>

<h2><strong>What is a woman?</strong></h2>

<p>The controversial film, which criticises gender and transgender issues, follows its maker Matt Walsh as he travels across the United States and Africa, posing a seemingly simple question that left many individuals stumped: "What Is a Woman?"</p>

<p>The movie has garnered a lot of praise from conservatives. However, it has also faced criticism from many who deemed it "transphobic."&nbsp;</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/trending/delhi-polices-purrfect-reply-to-elon-musks-tweet-leaves-internet-in-splits-stst-599616">Delhi Police’s ‘purrfect’ reply to Elon Musk’s cat query tweet leaves internet in splits</a></strong></p>

<p>Walsh, as per Express UK, claims to have even received death threats following the film's release. He reportedly had to involve the police.</p>

<h2><strong>What is a Woman? and Twitter</strong></h2>

<p>As mentioned earlier, the movie was released around a year back. Now, coinciding with the beginning of Pride Month, 'What Is a Woman?' has been made available for free streaming on the Daily Wire's official Twitter account. This was originally posted for 24 hours but given the views, the outlet said: "We've decided to leave it up the rest of the weekend, so the sky's the limit!"</p>

<p>The movie has accumulated 102.4 million views, 297.8K likes, 112.8K retweets, and 18.6K quote tweets since it was posted. Additionally, around 82K people have bookmarked it.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/trending/elon-musk-shown-dapped-up-for-desi-wedding-with-henna-and-sherwani-600011">Elon Musk shown dapped up for desi wedding with henna and sherwani</a></strong></p>

<p>In a tweet posted hours after the movie was shared on Twitter, Walsh said: "Our film has been posted for a couple of hours. You cannot retweet it. It will not appear in anyone’s feed. It has been flagged as hate speech. It has been blacklisted from the trends list. It still has nearly 900 thousand views."</p>

<p>Walsh and the outlet, as per Express UK, assert that they were asked to edit certain scenes involving "misgendering" before the launch. They reportedly refused to comply with the request.</p>

<h2><strong>Elon Musk enters the chat</strong></h2>

<p>Supportive accounts on social media soon began accusing Twitter of stifling free speech.&nbsp;</p>

<p>CEO Elon Musk has since joined the conversation. Reportedly, once he got wind of Twitter attempting to restrict the film's view as potential "hate speech" he declared the move a mistake. Since then, he has even retweeted the movie with the caption "Every parent should watch this."</p>

<p><em>(With inputs from agencies)</em></p>

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On Twitter, a very peculiar hashtag is trending. As per an analysis, WION ran using Tweet binder, in the last seven days, the hashtag #WhatIsAWoman has already garnered around 166,361 tweets.

On Twitter, a very peculiar hashtag is trending. As per an analysis, WION ran using Tweet binder, in the last seven days, the hashtag #WhatIsAWoman has already garnered around 166,361 tweets. But what is it about? About one year ago, conservative commentator Matt Walsh released a documentary film titled 'What is a Woman' on the Daily Wire. The film, which tackles gender and transgender issues, was initially only available for subscription-only streaming services. However, on June 2nd, the American conservative news website and media company posted the 1 hour 34 minutes long film for free viewing on Twitter. Needless to say, the film and the hashtag #WhatIsAWoman have since then spread like wildfire. Here's everything you need to know. What is a woman? The controversial film, which criticises gender and transgender issues, follows its maker Matt Walsh as he travels across the United States and Africa, posing a seemingly simple question that left many individuals stumped: "What Is a Woman?" The movie has garnered a lot of praise from conservatives. However, it has also faced criticism from many who deemed it "transphobic." Also read | Delhi Police’s ‘purrfect’ reply to Elon Musk’s cat query tweet leaves internet in splits Walsh, as per Express UK, claims to have even received death threats following the film's release. He reportedly had to involve the police. What is a Woman? and Twitter As mentioned earlier, the movie was released around a year back. Now, coinciding with the beginning of Pride Month, 'What Is a Woman?' has been made available for free streaming on the Daily Wire's official Twitter account. This was originally posted for 24 hours but given the views, the outlet said: "We've decided to leave it up the rest of the weekend, so the sky's the limit!" The movie has accumulated 102.4 million views, 297.8K likes, 112.8K retweets, and 18.6K quote tweets since it was posted. Additionally, around 82K people have bookmarked it. Also read | Elon Musk shown dapped up for desi wedding with henna and sherwani In a tweet posted hours after the movie was shared on Twitter, Walsh said: "Our film has been posted for a couple of hours. You cannot retweet it. It will not appear in anyone’s feed. It has been flagged as hate speech. It has been blacklisted from the trends list. It still has nearly 900 thousand views." Walsh and the outlet, as per Express UK, assert that they were asked to edit certain scenes involving "misgendering" before the launch. They reportedly refused to comply with the request. Elon Musk enters the chat Supportive accounts on social media soon began accusing Twitter of stifling free speech. CEO Elon Musk has since joined the conversation. Reportedly, once he got wind of Twitter attempting to restrict the film's view as potential "hate speech" he declared the move a mistake. Since then, he has even retweeted the movie with the caption "Every parent should watch this." (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Elon Musk's tweet on #WhatIsAWoman fans Twitter buzz. Here's all you need to know

<p>The official Twitter handle of Delhi Police often remains in news because of frequent witty posts and interactions. Delhi Police uses the social media platform in a clever way to spread messages on public safety, traffic rules and other issues. The police department has once again caught the imagination of Twitter users with their “purrfect” response to a tweet from billionaire Elon Musk.</p>

<p>It all started when the Tesla chief executive shared an adorable exchange that he had with his three-year-old son, X AE A-XII. Musk tweeted that his son had asked him, “If there are police cats, since there are police dogs.”</p>

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<p dir="ltr" lang="en">Lil X just asked if there are police cats, since there are police dogs 😂</p>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1664330279257767936?ref_src=twsrc%5Etfw">June 1, 2023</a></blockquote>
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<p>&nbsp;</p>

<p>The Delhi Police were quick to notice Musk’s tweet and had an amusing reply ready. They wrote, "Hi @elonmusk, please tell Lil X that there are no police cats because they might get booked for feline-y and 'purr'petration."</p>

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<p dir="ltr" lang="en">Hi <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a>, please tell Lil X that there are no police cats because they might get booked for feline-y and 'purr'petration. <a href="https://t.co/W8CMMvYi9I">https://t.co/W8CMMvYi9I</a></p>
— Delhi Police (@DelhiPolice) <a href="https://twitter.com/DelhiPolice/status/1664471259403649026?ref_src=twsrc%5Etfw">June 2, 2023</a></blockquote>
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<p>&nbsp;</p>

<p>Twitter users have liked Delhi Police’s funny response and have dropped hilarious replies under the tweet. One user wondered if Delhi Police would get Tesla vehicles.</p>

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<p dir="ltr" lang="es">🤣<br />
<br />
Teslas for Delhi Police? :)</p>
— Amit Paranjape (@aparanjape) <a href="https://twitter.com/aparanjape/status/1664506507063443458?ref_src=twsrc%5Etfw">June 2, 2023</a></blockquote>
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<p>&nbsp;</p>

<p>Another tweeted, “Oh boy, Delhi police with Global meme standards.”</p>

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<p dir="ltr" lang="en">Oh boy, Delhi police with Global meme standards 😎</p>
— Vipul CypherPunk (@vipul19) <a href="https://twitter.com/vipul19/status/1664523183977029632?ref_src=twsrc%5Etfw">June 2, 2023</a></blockquote>
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<p>&nbsp;</p>

<p>“In fact, Police Cats do exist. They are usually, under the covers,” read a comment.</p>

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<p dir="ltr" lang="en">Infact, Police Cats do exist. They are usually, under the covers!</p>
— Lord Leopard (Lutyens' Wale) نئی دہلی (@Leopard212) <a href="https://twitter.com/Leopard212/status/1664518687209177088?ref_src=twsrc%5Etfw">June 2, 2023</a></blockquote>
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<p>&nbsp;</p>

<p>Last month, Elon Musk shared an adorable tweet on the occasion of his son’s birthday. Musk wished his son on May 4, which was also Star Wars Day, with a special post. Musk wrote, “May the 4th be with you,” quoting a famous dialogue used by Star Wars fans.</p>

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<p dir="ltr" lang="en">May the 4th be with you ❤️ <a href="https://t.co/jicWCJohs5">pic.twitter.com/jicWCJohs5</a></p>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1654183141605625860?ref_src=twsrc%5Etfw">May 4, 2023</a></blockquote>
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<p>&nbsp;</p>

<p>Elon Musk dated Canadian singer Grimes for more than three years. The couple welcomed X AE A-XII in May 2020. They also became parents to a daughter via surrogacy in March 2022. Later, the couple broke up. Grimes revealed it on Twitter. She wrote, “Me and E have broken up again since the writing of this article haha, but he’s my best friend and the love of my life, and my life and art are forever dedicated to The Mission now, I think Devin wrote that part of the story really well.”</p>

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<p dir="ltr" lang="en">Me and E have broken up *again* since the writing of this article haha, but he’s my best friend and the love of my life, and my life and art are forever dedicated to The Mission now, I think Devin wrote that part of the story rly well. Sique - peace out</p>
— 𝔊𝔯𝔦𝔪𝔢𝔰 (@Grimezsz) <a href="https://twitter.com/Grimezsz/status/1501959073591296002?ref_src=twsrc%5Etfw">March 10, 2022</a></blockquote>
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<p>&nbsp;</p>

<p>In a subsequent tweet, she explained that their mission is to build “sustainable energy and to make humanity a multi-planetary species.”<br />
<br />
&nbsp;</p>

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The official Twitter handle of Delhi Police often remains in news because of frequent witty posts and interactions. Delhi Police uses the social media platform in a clever way to spread messages on public safety, traffic rules and other issues.

The official Twitter handle of Delhi Police often remains in news because of frequent witty posts and interactions. Delhi Police uses the social media platform in a clever way to spread messages on public safety, traffic rules and other issues. The police department has once again caught the imagination of Twitter users with their “purrfect” response to a tweet from billionaire Elon Musk. It all started when the Tesla chief executive shared an adorable exchange that he had with his three-year-old son, X AE A-XII. Musk tweeted that his son had asked him, “If there are police cats, since there are police dogs.” Lil X just asked if there are police cats, since there are police dogs 😂 — Elon Musk (@elonmusk) June 1, 2023 × The Delhi Police were quick to notice Musk’s tweet and had an amusing reply ready. They wrote, "Hi @elonmusk, please tell Lil X that there are no police cats because they might get booked for feline-y and 'purr'petration." Hi @elonmusk, please tell Lil X that there are no police cats because they might get booked for feline-y and 'purr'petration. https://t.co/W8CMMvYi9I — Delhi Police (@DelhiPolice) June 2, 2023 × Twitter users have liked Delhi Police’s funny response and have dropped hilarious replies under the tweet. One user wondered if Delhi Police would get Tesla vehicles. 🤣 Teslas for Delhi Police? :) — Amit Paranjape (@aparanjape) June 2, 2023 × Another tweeted, “Oh boy, Delhi police with Global meme standards.” Oh boy, Delhi police with Global meme standards 😎 — Vipul CypherPunk (@vipul19) June 2, 2023 × “In fact, Police Cats do exist. They are usually, under the covers,” read a comment. Infact, Police Cats do exist. They are usually, under the covers! — Lord Leopard (Lutyens' Wale) نئی دہلی (@Leopard212) June 2, 2023 × Last month, Elon Musk shared an adorable tweet on the occasion of his son’s birthday. Musk wished his son on May 4, which was also Star Wars Day, with a special post. Musk wrote, “May the 4th be with you,” quoting a famous dialogue used by Star Wars fans. May the 4th be with you ❤️ pic.twitter.com/jicWCJohs5 — Elon Musk (@elonmusk) May 4, 2023 × Elon Musk dated Canadian singer Grimes for more than three years. The couple welcomed X AE A-XII in May 2020. They also became parents to a daughter via surrogacy in March 2022. Later, the couple broke up. Grimes revealed it on Twitter. She wrote, “Me and E have broken up again since the writing of this article haha, but he’s my best friend and the love of my life, and my life and art are forever dedicated to The Mission now, I think Devin wrote that part of the story really well.” Me and E have broken up *again* since the writing of this article haha, but he’s my best friend and the love of my life, and my life and art are forever dedicated to The Mission now, I think Devin wrote that part of the story rly well. Sique - peace out — 𝔊𝔯𝔦𝔪𝔢𝔰 (@Grimezsz) March 10, 2022 × In a subsequent tweet, she explained that their mission is to build “sustainable energy and to make humanity a multi-planetary species.” WATCH WION LIVE HERE

Delhi Police’s ‘purrfect’ reply to Elon Musk’s cat query tweet leaves internet in splits

<p>Elon Musk, currently the world's richest person, has been&nbsp;accused of insider trading in a proposed class action by investors. Musk has been&nbsp;accused of manipulating the cryptocurrency Dogecoin, costing them billions of dollars.</p>

<p>The filing was made in the Manhattan federal court on Wednesday night in which investors accused Musk of using Twitter posts and paying influencers and pursuing "publicity stunts" to make profits at their expense through multiple Dogecoin wallets that he controls.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/technology/elon-musks-neuralink-cleared-for-human-test-of-brain-implants-596576">Elon Musk's Neuralink cleared for human test of brain implants</a></strong></p>

<p>Investors said this includes&nbsp;the time&nbsp;Musk sold about $124 million of Dogecoin in April after he replaced Twitter's blue bird logo with Dogecoin's Shiba Inu dog logo, leading to a 30 per cent&nbsp;spike in Dogecoin's price.</p>

<p>The Tesla owner&nbsp;bought Twitter in October 2022.</p>

<h2><strong>Elon Musk insider trading accusation: What does the court filing say?</strong></h2>

<p>The investors have accused Elon Musk of deliberately driving up Dogecoin's price by more than 36,000 per cent over the last two years and then letting it crash.</p>

<p>According to the filing in Manhattan court, a&nbsp;"deliberate course of carnival barking, market manipulation and insider trading" enabled Elon Musk to defraud investors, and pave the way for his own promotion&nbsp;and his companies.</p>

<p><strong>Also watch |&nbsp;Elon Musk launches new AI start up to compete with OpenAI</strong></p>

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<p>They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June.</p>

<h2><strong>What did Elon Musk say?</strong></h2>

<p>Elon Musk and Tesla had in March sought a dismissal of the second amended complaint. They called it a "fanciful work of fiction," and on May 26 said another amendment was unjustified.</p>

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Elon Musk, currently the world's richest person, has been accused of insider trading in a proposed class action by investors. Musk has been accused of manipulating the cryptocurrency Dogecoin, costing them billions of dollars.

Elon Musk, currently the world's richest person, has been accused of insider trading in a proposed class action by investors. Musk has been accused of manipulating the cryptocurrency Dogecoin, costing them billions of dollars. The filing was made in the Manhattan federal court on Wednesday night in which investors accused Musk of using Twitter posts and paying influencers and pursuing "publicity stunts" to make profits at their expense through multiple Dogecoin wallets that he controls. Also read | Elon Musk's Neuralink cleared for human test of brain implants Investors said this includes the time Musk sold about $124 million of Dogecoin in April after he replaced Twitter's blue bird logo with Dogecoin's Shiba Inu dog logo, leading to a 30 per cent spike in Dogecoin's price. The Tesla owner bought Twitter in October 2022. Elon Musk insider trading accusation: What does the court filing say? The investors have accused Elon Musk of deliberately driving up Dogecoin's price by more than 36,000 per cent over the last two years and then letting it crash. According to the filing in Manhattan court, a "deliberate course of carnival barking, market manipulation and insider trading" enabled Elon Musk to defraud investors, and pave the way for his own promotion and his companies. Also watch | Elon Musk launches new AI start up to compete with OpenAI × They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June. What did Elon Musk say? Elon Musk and Tesla had in March sought a dismissal of the second amended complaint. They called it a "fanciful work of fiction," and on May 26 said another amendment was unjustified. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Elon Musk engaged in 'carnival barking' for insider trading: Dogecoin lawsuit

<p>Twitter's head of trust and safety, Ella Irwin, has resigned from the social media giant, reported Reuters. Irwin joined Twitter in June 2022 and took over trust and safety team in November when the previous head Yoel Roth resigned. Irwin oversaw content moderation.&nbsp;</p>

<p>After billionaire Elon Musk acquired Twitter in October last year, the social media platform has faced criticism for lax protection against harmful content. The platform is struggling to keep advertisers as brands are wary of appearing next to unsuitable content. Irwin's resignation has come amid all this.</p>

<p>Earlier this month, Musk hired Linda Yaccarino, former NBC Universal advertising chief, to be the new CEO of Twitter.</p>

<p>Reuters reported that an emailed request to Twitter for comment on Irwin's resignation received an auto-generated reply with a poop emoji.</p>

<p>Fortune earlier reported that Irwin's internal Slack account appeared to be deactivated.</p>

<p>Soon after taking over Twitter, Musk cut costs and Twitter dramatically laid off thousands of employees. Those sacked included many who had worked on efforts to prevent illegal and harmful content as well as to protect election integrity and ensuring that accurate information surfaces on the platform.</p>

<p>Musk has promoted a feature called Community Notes, which lets users add context to tweets, as a way to combat misleading information on Twitter.</p>

<h2><strong>More troubles for Musk: Dogecoin insider trading lawsuit on the way</strong></h2>

<p>Musk is facing trouble even off Twitter. The Tesla CEO is being accused of insider trading in a proposed class action by investors. Musk is being accused of manipulating the cryptocurrency dogecoin, allegedly costing the investors billions of dollars.</p>

<p>The filing was made on Wednesday night in Manhattan federal court. Investors reportedly say that Musk used &nbsp;Twitter posts, paid online influencers, his 2021 appearance on NBC's "Saturday Night Live" and other "publicity stunts" to trade profitably at their expense through several Dogecoin wallets that he or Tesla controls.</p>

<p>A "deliberate course of carnival barking, market manipulation and insider trading" enabled Musk to defraud investors, promote himself and his companies, the filing said.</p>

<p>In addition to Twitter, Musk also runs SpaceX, a rocket and spacecraft manufacturer, as well as Tesla, which makes electric cars.</p>

<p>Reuters reported that Alex Spiro, a lawyer for Musk and Tesla, declined to comment on Thursday. The investors' lawyers reportedly did not respond immediately to requests for comment.</p>

<p>Investors have accused Musk of deliberately driving up Dogecoin's price more than 36,000% over two years and then letting it crash.</p>

<p>They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June.</p>

<p><em>(With inputs from agencies)</em></p>

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Twitter's head of trust and safety, Ella Irwin, has resigned from the social media giant, reported Reuters. Irwin joined Twitter in June 2022 and took over trust and safety team in November when the previous head Yoel Roth resigned.

Twitter's head of trust and safety, Ella Irwin, has resigned from the social media giant, reported Reuters. Irwin joined Twitter in June 2022 and took over trust and safety team in November when the previous head Yoel Roth resigned. Irwin oversaw content moderation. After billionaire Elon Musk acquired Twitter in October last year, the social media platform has faced criticism for lax protection against harmful content. The platform is struggling to keep advertisers as brands are wary of appearing next to unsuitable content. Irwin's resignation has come amid all this. Earlier this month, Musk hired Linda Yaccarino, former NBC Universal advertising chief, to be the new CEO of Twitter. Reuters reported that an emailed request to Twitter for comment on Irwin's resignation received an auto-generated reply with a poop emoji. Fortune earlier reported that Irwin's internal Slack account appeared to be deactivated. Soon after taking over Twitter, Musk cut costs and Twitter dramatically laid off thousands of employees. Those sacked included many who had worked on efforts to prevent illegal and harmful content as well as to protect election integrity and ensuring that accurate information surfaces on the platform. Musk has promoted a feature called Community Notes, which lets users add context to tweets, as a way to combat misleading information on Twitter. More troubles for Musk: Dogecoin insider trading lawsuit on the way Musk is facing trouble even off Twitter. The Tesla CEO is being accused of insider trading in a proposed class action by investors. Musk is being accused of manipulating the cryptocurrency dogecoin, allegedly costing the investors billions of dollars. The filing was made on Wednesday night in Manhattan federal court. Investors reportedly say that Musk used Twitter posts, paid online influencers, his 2021 appearance on NBC's "Saturday Night Live" and other "publicity stunts" to trade profitably at their expense through several Dogecoin wallets that he or Tesla controls. A "deliberate course of carnival barking, market manipulation and insider trading" enabled Musk to defraud investors, promote himself and his companies, the filing said. In addition to Twitter, Musk also runs SpaceX, a rocket and spacecraft manufacturer, as well as Tesla, which makes electric cars. Reuters reported that Alex Spiro, a lawyer for Musk and Tesla, declined to comment on Thursday. The investors' lawyers reportedly did not respond immediately to requests for comment. Investors have accused Musk of deliberately driving up Dogecoin's price more than 36,000% over two years and then letting it crash. They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June. (With inputs from agencies) You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE ×

Twitter's head of trust and safety has resigned: Report

<p dir="ltr">Social media giant Twitter, acquired by billionaire Elon Musk for a staggering $44 billion, has seen its market value plummet to just one-third of its purchase price, a Reuters report said. Financial services company Fidelity, holding an equity stake in Twitter, recently marked down the value in their monthly disclosure on Sunday, shedding light on the challenging financial situation that has unfolded since Musk took control of the platform.</p>

<p>The acquisition, completed last year, raised eyebrows and sparked debates about the future of Twitter under Musk's leadership. Now, it seems those concerns were not unfounded. Musk himself acknowledged that he had overpaid for the platform, and recent reports indicate that Twitter's Worth is now less than half of what he initially paid.</p>

<p><strong>The Musk vs Twitter Saga</strong></p>

<p>Twitter's financial struggles have intensified since Musk's takeover, with the company burdened by a substantial $13 billion debt. Musk's unconventional decision-making and content moderation challenges have further exacerbated the situation, leading to a staggering 50 percent decline in advertising revenue, as confirmed by Musk in March.</p>

<p>To mitigate the revenue loss, Twitter introduced a subscription-based service called Twitter Blue, aiming to recoup some of the advertising revenue shortfalls. However, this attempt has fallen short of expectations, with less than 1 percent of Twitter's monthly users opting for the premium service by the end of March.</p>

<p>The recent markdown of Twitter's value by Fidelity raises concerns about the platform's prospects and its ability to regain stability under Musk's guidance. While the exact methodology behind Fidelity's valuation figures remains unclear, this development reflects the challenging nature of evaluating private companies like Twitter, now known as X Holdings Corp., without access to verified financial information.</p>

<p>The future of Twitter hangs in the balance, with stakeholders hoping for a turnaround that will restore investor confidence and unlock the platform's full potential. Elon Musk's ambitious acquisition may have hit a roadblock, but as history has shown, the tech industry is known for its unexpected twists and turns. All eyes will be on Musk as he navigates this critical juncture, aiming to transform Twitter's fortunes and prove its skeptics wrong.</p>

<p><i>(With inputs from Reuters)</i></p>


Social media giant Twitter, acquired by billionaire Elon Musk for a staggering $44 billion, has seen its market value plummet to just one-third of its purchase price, a Reuters report said.

Social media giant Twitter, acquired by billionaire Elon Musk for a staggering $44 billion, has seen its market value plummet to just one-third of its purchase price, a Reuters report said. Financial services company Fidelity, holding an equity stake in Twitter, recently marked down the value in their monthly disclosure on Sunday, shedding light on the challenging financial situation that has unfolded since Musk took control of the platform. The acquisition, completed last year, raised eyebrows and sparked debates about the future of Twitter under Musk's leadership. Now, it seems those concerns were not unfounded. Musk himself acknowledged that he had overpaid for the platform, and recent reports indicate that Twitter's Worth is now less than half of what he initially paid. The Musk vs Twitter Saga Twitter's financial struggles have intensified since Musk's takeover, with the company burdened by a substantial $13 billion debt. Musk's unconventional decision-making and content moderation challenges have further exacerbated the situation, leading to a staggering 50 percent decline in advertising revenue, as confirmed by Musk in March. To mitigate the revenue loss, Twitter introduced a subscription-based service called Twitter Blue, aiming to recoup some of the advertising revenue shortfalls. However, this attempt has fallen short of expectations, with less than 1 percent of Twitter's monthly users opting for the premium service by the end of March. The recent markdown of Twitter's value by Fidelity raises concerns about the platform's prospects and its ability to regain stability under Musk's guidance. While the exact methodology behind Fidelity's valuation figures remains unclear, this development reflects the challenging nature of evaluating private companies like Twitter, now known as X Holdings Corp., without access to verified financial information. The future of Twitter hangs in the balance, with stakeholders hoping for a turnaround that will restore investor confidence and unlock the platform's full potential. Elon Musk's ambitious acquisition may have hit a roadblock, but as history has shown, the tech industry is known for its unexpected twists and turns. All eyes will be on Musk as he navigates this critical juncture, aiming to transform Twitter's fortunes and prove its skeptics wrong. (With inputs from Reuters)

Twitter's worth takes a tumble: Elon Musk's $44 billion investment deflates

<p>Elon Musk, the Chief Executive Officer of Tesla, concluded his two-day trip to China on Thursday, after having discussions with high-ranking Chinese government officials, including the vice premier. Following his departure from Shanghai, Musk's private jet was tracked heading to Austin, Texas, where Tesla's global headquarters is located.</p>

<p>During his visit, Musk also visited Tesla's Shanghai factory, which is the company's largest production facility globally. Photos and a video released by Tesla showed Musk holding up a "Giga Shanghai" sign, surrounded by hundreds of employees, including Tom Zhu, the head of global manufacturing.</p>

<h2><strong>Musk held talks with China’s top ministers</strong></h2>

<p>In the video, Musk expressed his admiration for the employees' perseverance in overcoming various challenges induced by stress in supply chains and the pandemic. He also made a heart sign with his hands, showing appreciation for their hard work.&nbsp;</p>

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<p dir="ltr" lang="en">Elon Musk's private jet left Shanghai and headed to Austin, Texas, wrapping up a whirlwind trip to China, his first in three years <a href="https://t.co/LvcCjM9Eha">https://t.co/LvcCjM9Eha</a> <a href="https://t.co/4ZDd9MiUDL">pic.twitter.com/4ZDd9MiUDL</a></p>
— Reuters (@Reuters) <a href="https://twitter.com/Reuters/status/1664229050695716865?ref_src=twsrc%5Etfw">June 1, 2023</a></blockquote>
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<p dir="ltr" lang="en"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> heads home after 3-day <a href="https://twitter.com/hashtag/China?src=hash&amp;ref_src=twsrc%5Etfw">#China</a> trip. <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@Tesla</a> <a href="https://twitter.com/hashtag/China?src=hash&amp;ref_src=twsrc%5Etfw">#China</a> PR posts video of him rallying Shanghai factory staff for “amazing work”. Musk met Vice Premier/Xi confidante Ding Xuexiang Wed, Shanghai Communist Party head Thu says <a href="https://twitter.com/Reuters?ref_src=twsrc%5Etfw">@Reuters</a>. No Premier. <a href="https://t.co/mKZuVsbutE">https://t.co/mKZuVsbutE</a> <a href="https://t.co/jdwR0OphzT">pic.twitter.com/jdwR0OphzT</a></p>
— Eunice Yoon (@onlyyoontv) <a href="https://twitter.com/onlyyoontv/status/1664210924381814784?ref_src=twsrc%5Etfw">June 1, 2023</a></blockquote>
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<p>Prior to visiting the Shanghai factory, Musk had meetings with China's foreign, commerce, and industry ministers in Beijing. He also had a dinner meeting with the chairman of Contemporary Amperex Technology Co Ltd (CATL), the largest battery supplier for Tesla.</p>

<h2><strong>Musk’s rare meet with China’s Vice Premier</strong></h2>

<p>One significant highlight of Musk's trip was his meeting with Chinese Vice Premier Ding Xuexiang, who holds the sixth-highest position in China's top governing body. This marks the first known one-on-one meeting between Ding and a foreign CEO, highlighting the importance China places on its relationship with Tesla and Elon Musk. In 2019, Musk had a similar meeting with then-Premier Li Keqiang.</p>

<p>In addition to government officials, Musk also met with Chen Jining, the communist party secretary of Shanghai. The municipal government issued a statement on Thursday, stating that Chen welcomed Tesla to expand its investments and business operations in the city.</p>

<p>Although details of Musk's conversations with Chinese government officials remain undisclosed, the industry ministry confirmed that discussions revolved around electric vehicles and connected car development. The commerce ministry also announced that Musk discussed Tesla's progress in China with the minister.</p>

<h2><strong>Musk remained off Twitter during his China visit&nbsp;</strong></h2>

<p>Musk's visit to China drew attention for another peculiar reason: his silence on Twitter. Known for his active presence on the social media platform, Musk refrained from tweeting since arriving in China. This marks his longest hiatus from Twitter since June 2022 when he was involved in acquiring Twitter.</p>

<p>It is worth noting that foreign social media platforms like Twitter and Facebook are banned in China, although they can be accessed through virtual private networks (VPNs).</p>

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Elon Musk, the Chief Executive Officer of Tesla, concluded his two-day trip to China on Thursday, after having discussions with high-ranking Chinese government officials, including the vice premier.

Elon Musk, the Chief Executive Officer of Tesla, concluded his two-day trip to China on Thursday, after having discussions with high-ranking Chinese government officials, including the vice premier. Following his departure from Shanghai, Musk's private jet was tracked heading to Austin, Texas, where Tesla's global headquarters is located. During his visit, Musk also visited Tesla's Shanghai factory, which is the company's largest production facility globally. Photos and a video released by Tesla showed Musk holding up a "Giga Shanghai" sign, surrounded by hundreds of employees, including Tom Zhu, the head of global manufacturing. Musk held talks with China’s top ministers In the video, Musk expressed his admiration for the employees' perseverance in overcoming various challenges induced by stress in supply chains and the pandemic. He also made a heart sign with his hands, showing appreciation for their hard work. Elon Musk's private jet left Shanghai and headed to Austin, Texas, wrapping up a whirlwind trip to China, his first in three years https://t.co/LvcCjM9Eha pic.twitter.com/4ZDd9MiUDL — Reuters (@Reuters) June 1, 2023 × $TSLA @elonmusk heads home after 3-day #China trip. @Tesla #China PR posts video of him rallying Shanghai factory staff for “amazing work”. Musk met Vice Premier/Xi confidante Ding Xuexiang Wed, Shanghai Communist Party head Thu says @Reuters. No Premier. https://t.co/mKZuVsbutE pic.twitter.com/jdwR0OphzT — Eunice Yoon (@onlyyoontv) June 1, 2023 × Prior to visiting the Shanghai factory, Musk had meetings with China's foreign, commerce, and industry ministers in Beijing. He also had a dinner meeting with the chairman of Contemporary Amperex Technology Co Ltd (CATL), the largest battery supplier for Tesla. Musk’s rare meet with China’s Vice Premier One significant highlight of Musk's trip was his meeting with Chinese Vice Premier Ding Xuexiang, who holds the sixth-highest position in China's top governing body. This marks the first known one-on-one meeting between Ding and a foreign CEO, highlighting the importance China places on its relationship with Tesla and Elon Musk. In 2019, Musk had a similar meeting with then-Premier Li Keqiang. In addition to government officials, Musk also met with Chen Jining, the communist party secretary of Shanghai. The municipal government issued a statement on Thursday, stating that Chen welcomed Tesla to expand its investments and business operations in the city. Although details of Musk's conversations with Chinese government officials remain undisclosed, the industry ministry confirmed that discussions revolved around electric vehicles and connected car development. The commerce ministry also announced that Musk discussed Tesla's progress in China with the minister. Musk remained off Twitter during his China visit Musk's visit to China drew attention for another peculiar reason: his silence on Twitter. Known for his active presence on the social media platform, Musk refrained from tweeting since arriving in China. This marks his longest hiatus from Twitter since June 2022 when he was involved in acquiring Twitter. It is worth noting that foreign social media platforms like Twitter and Facebook are banned in China, although they can be accessed through virtual private networks (VPNs). WATCH WION LIVE HERE ×

Tesla CEO Musk concludes two-day China trip, spends longest time off Twitter since taking over

<p>Elon Musk has received a grand welcome in China. It is the Tesla CEO’s first trip to the country in over three years. The industrialist has vowed to expand his business in China. &nbsp;But, not everyone is happy with the promises Elon Musk has been making. Vivek Ramaswamy, the Republican leader and US presidential candidate has raised concerns over the billionaire’s trip to China.</p>

<p>In a video, Vivek Ramaswamy, who is of Indian origin, said that Elon Musk’s meeting with Qin Gang, China's foreign minister, was no small matter. The Republican candidate stated that the Tesla CEO’s statement referring to the United States and Communist China as "conjoined twins" was posted in the Asian country, but not in America.</p>

<p>“I’ve been one of the most vocal supporters of Elon Musk’s effort to transform Twitter, but it’s a real risk to the US&nbsp;when the CCP (Chinese Communist Party) turns our most prominent business leaders and celebrities - Tim Cook, Larry Fink, LeBron James, Elon Musk - into puppets to advance their agenda. That tilts the global scales of perception in China’s favour - and sadly, it’s working. The U.S. needs leaders who aren’t in China’s pocket, yet Biden is just another embodiment of that same problem,” Vivek Ramaswamy said.&nbsp;</p>

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<p dir="ltr" lang="en">I'm breaking an unspoken rule in the GOP, but I call it like I see it: it's deeply concerning that <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> met with China's foreign minister yesterday to oppose decoupling and referred to the U.S. &amp; Communist China as "conjoined twins." Tesla's VP in China reposted that_ <a href="https://t.co/UD26pweilX">pic.twitter.com/UD26pweilX</a></p>
— Vivek Ramaswamy (@VivekGRamaswamy) <a href="https://twitter.com/VivekGRamaswamy/status/1664022522835226627?ref_src=twsrc%5Etfw">May 31, 2023</a></blockquote>
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<p>The visit comes as Tesla is facing stiff competition from &nbsp;Chinese-made electric vehicles. Elon Musk is the latest in a series of American industrialists who have visited China after the country reversed its zero-Covid policy. &nbsp;In March, Apple CEO Tim Cook undertook a trip to China.</p>

<p>Elon Musk has not yet made any public statements on Twitter about his trip to China. Interestingly, Twitter, which is owned by Musk, remains banned in the country.</p>

<h2>Significance of Elon Musk’s China Trip</h2>

<p>Elon Musk has often expressed his admiration for China. He had earlier suggested that Taiwan, a self-governed territory that China claims as part of its country, could be run as a “special administrative zone”. The billionaire’s Shanghai-based Gigafactory has also made headlines. Last year, the factory had contributed to about one-quarter of Shanghai's total automotive production value, as per a Reuters report. Local authorities have vowed to boost ties with Tesla, but some uncertainty regarding the Shanghai factory’s expansion plan remains. As per Reuters, there is no clarity on whether Tesla is facing any regulatory hurdles in its aim to broaden its production facilities.</p>

<p>Investors are also keen to see whether China will clear Tesla's advanced driver assistance features for release.<br />
&nbsp;</p>


Elon Musk has received a grand welcome in China. It is the Tesla CEO’s first trip to the country in over three years. The industrialist has vowed to expand his business in China.

Elon Musk has received a grand welcome in China. It is the Tesla CEO’s first trip to the country in over three years. The industrialist has vowed to expand his business in China. But, not everyone is happy with the promises Elon Musk has been making. Vivek Ramaswamy, the Republican leader and US presidential candidate has raised concerns over the billionaire’s trip to China. In a video, Vivek Ramaswamy, who is of Indian origin, said that Elon Musk’s meeting with Qin Gang, China's foreign minister, was no small matter. The Republican candidate stated that the Tesla CEO’s statement referring to the United States and Communist China as "conjoined twins" was posted in the Asian country, but not in America. “I’ve been one of the most vocal supporters of Elon Musk’s effort to transform Twitter, but it’s a real risk to the US when the CCP (Chinese Communist Party) turns our most prominent business leaders and celebrities - Tim Cook, Larry Fink, LeBron James, Elon Musk - into puppets to advance their agenda. That tilts the global scales of perception in China’s favour - and sadly, it’s working. The U.S. needs leaders who aren’t in China’s pocket, yet Biden is just another embodiment of that same problem,” Vivek Ramaswamy said. I'm breaking an unspoken rule in the GOP, but I call it like I see it: it's deeply concerning that @elonmusk met with China's foreign minister yesterday to oppose decoupling and referred to the U.S. & Communist China as "conjoined twins." Tesla's VP in China reposted that_ pic.twitter.com/UD26pweilX — Vivek Ramaswamy (@VivekGRamaswamy) May 31, 2023 × The visit comes as Tesla is facing stiff competition from Chinese-made electric vehicles. Elon Musk is the latest in a series of American industrialists who have visited China after the country reversed its zero-Covid policy. In March, Apple CEO Tim Cook undertook a trip to China. Elon Musk has not yet made any public statements on Twitter about his trip to China. Interestingly, Twitter, which is owned by Musk, remains banned in the country. Significance of Elon Musk’s China Trip Elon Musk has often expressed his admiration for China. He had earlier suggested that Taiwan, a self-governed territory that China claims as part of its country, could be run as a “special administrative zone”. The billionaire’s Shanghai-based Gigafactory has also made headlines. Last year, the factory had contributed to about one-quarter of Shanghai's total automotive production value, as per a Reuters report. Local authorities have vowed to boost ties with Tesla, but some uncertainty regarding the Shanghai factory’s expansion plan remains. As per Reuters, there is no clarity on whether Tesla is facing any regulatory hurdles in its aim to broaden its production facilities. Investors are also keen to see whether China will clear Tesla's advanced driver assistance features for release.

On Elon Musk's China trip, US presidential candidate Vivek Ramaswamy has this to say

Twitter's worth takes a tumble: Elon Musk's $44 billion investment deflates | World DNA

<p>Tesla CEO Elon Musk once again becomes the world's richest man after shares of French tycoon Bernard Arnault fell 2.6 per cent on Wednesday. The two billionaires have been in a constant neck-and-neck fight for the top spot in Bloomberg's Billionaire Index.</p>

<p>The Bloomberg Billionaires tally predicted Tesla's CEO's current net worth to be $192 billion, compared to Arnault's $187 billion.&nbsp;</p>

<p><a href="https://www.wionews.com/business-economy/elon-musks-private-jet-lands-in-beijing-expected-to-meet-senior-chinese-officials-598254"><strong>Also read |&nbsp;Tesla CEO Elon Musk lands in Beijing, meets Foreign Minister Qin Gang</strong></a></p>

<p>Arnault, the 74-year-old French business tycoon had first surpassed Musk in December last year as the tech industry was struggling and luxury showed resilience in the face of inflation.</p>

<p>He founded LVMH, one of the world's largest conglomerates, and owns luxury brands like Loius Vuitton, Dior and Hermes.&nbsp;</p>

<p>According to CNN, while LVMH's shares are down 19.7 per cent, Tesla's shares have risen 65.6 per cent in the year to date. This year, Musk has gained more than $55.3 billion mainly because of Tesla.</p>

<p>Now as Bloomberg marks Musk at the top, Forbes' The Richest People In The World list on the other hand still puts Musk at the second spot with a net wealth of $180 billion and Arnault is at the first rank with a staggering net worth of $211 billion.&nbsp;</p>

<p><strong>Musk's unannounced visit to China: A hot topic</strong></p>

<p>This news&nbsp;comes as Musk embarked on an unannounced visit to China, aiming to strengthen and expand his business in China.</p>

<p>He arrived in Beijing on Tuesday. This is Musk's first trip to China in over three years.&nbsp;</p>

<p><a href="https://www.wionews.com/world/china-offers-musk-red-carpet-welcome-as-tesla-boss-takes-chinese-internet-by-storm-598799"><strong>Also read |&nbsp;China offers Musk red carpet welcome as Tesla boss takes Chinese internet by storm</strong></a></p>

<p>The Chinese Foreign minister met Musk after he landed, the ministry said in its statement.&nbsp;</p>

<p>However, the details of the talks between the two are&nbsp;yet to be made public. Still, the statement cited Qin telling Musk that China is committed to creating a better market orientation business and international business environment for foreign enterprises.&nbsp;</p>

<p>Musk responded that "Tesla opposes breaking chains and is willing to continue expanding its business in China."</p>

<p>The chairman of China’s largest battery manufacturer CAT, Zeng Yuqun, also hosted a dinner for Musk, whose&nbsp;visit to the Asian country has been a hot topic.</p>

<p>Apart from Elon Musk, Starbucks’ Laxman Narasimhan and JP Morgan's Jamie Dimon are also visiting the communist country this week. In March, Apple CEO Tim Cook also paid a visit.</p>

<p>The visit comes amidst the automaker giant has been facing problems in China regarding the expansion of its Shanghai plant due to its data concerns.</p>

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Tesla CEO Elon Musk once again becomes the world's richest man after shares of French tycoon Bernard Arnault fell 2.6 per cent on Wednesday. The two billionaires have been in a constant neck-and-neck fight for the top spot in Bloomberg's Billionaire Index.

Tesla CEO Elon Musk once again becomes the world's richest man after shares of French tycoon Bernard Arnault fell 2.6 per cent on Wednesday. The two billionaires have been in a constant neck-and-neck fight for the top spot in Bloomberg's Billionaire Index. The Bloomberg Billionaires tally predicted Tesla's CEO's current net worth to be $192 billion, compared to Arnault's $187 billion. Also read | Tesla CEO Elon Musk lands in Beijing, meets Foreign Minister Qin Gang Arnault, the 74-year-old French business tycoon had first surpassed Musk in December last year as the tech industry was struggling and luxury showed resilience in the face of inflation. He founded LVMH, one of the world's largest conglomerates, and owns luxury brands like Loius Vuitton, Dior and Hermes. According to CNN, while LVMH's shares are down 19.7 per cent, Tesla's shares have risen 65.6 per cent in the year to date. This year, Musk has gained more than $55.3 billion mainly because of Tesla. Now as Bloomberg marks Musk at the top, Forbes' The Richest People In The World list on the other hand still puts Musk at the second spot with a net wealth of $180 billion and Arnault is at the first rank with a staggering net worth of $211 billion. Musk's unannounced visit to China: A hot topic This news comes as Musk embarked on an unannounced visit to China, aiming to strengthen and expand his business in China. He arrived in Beijing on Tuesday. This is Musk's first trip to China in over three years. Also read | China offers Musk red carpet welcome as Tesla boss takes Chinese internet by storm The Chinese Foreign minister met Musk after he landed, the ministry said in its statement. However, the details of the talks between the two are yet to be made public. Still, the statement cited Qin telling Musk that China is committed to creating a better market orientation business and international business environment for foreign enterprises. Musk responded that "Tesla opposes breaking chains and is willing to continue expanding its business in China." The chairman of China’s largest battery manufacturer CAT, Zeng Yuqun, also hosted a dinner for Musk, whose visit to the Asian country has been a hot topic. Apart from Elon Musk, Starbucks’ Laxman Narasimhan and JP Morgan's Jamie Dimon are also visiting the communist country this week. In March, Apple CEO Tim Cook also paid a visit. The visit comes amidst the automaker giant has been facing problems in China regarding the expansion of its Shanghai plant due to its data concerns. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Tesla CEO Elon Musk becomes world's richest person again, overtakes French tycoon Bernard Arnault

Tesla boss Elon Musk is on a business visit to China his first since COVID-19 breakout in 2019. Now the billionaire met with China's Foreign Minister Qin Gang. The visit is also crucial for Tesla's Chinese market share is on the decline.

Elon Musk in China, his first visit after COVID-19 | Business News

The struggling Chinese economy may get a turbo boost from Elon Musk. Chinese foreign ministry said that Musk's Tesla is likely to expand its business in the country. This is a huge announcement for the world's second largest economy. China has been witnessing an exodus of companies to competing economies like India and Vietnam.

Elon Musk bats for better US-China ties

<p>China’s effusive overture to American billionaire Elon Musk was on clear display this week when the Tesla boss visited the country for the first time in three years. China's foreign, commerce and industry ministers, all were lined up to have a one-to-one discussion with the popular businessman. Zeng Yuqun, the chairman of China’s largest battery manufacturer CATL, also hosted a dinner for Musk.</p>
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<p>Adding more charm to Musk’s visit were overwhelming comments made by Chinese netizens. Despite rising tensions between US and China, Chinese users were in awe of the visiting billionaire, with one user commenting, “He's a global idol," and another saying, “Elon Musk is just great, if only China could have someone like Elon Musk."</p>

<h2><strong>Musk’s visit: A hot topic in China</strong></h2>

<p>Apart from Elon Musk, JP Morgan's Jamie Dimon and Starbucks’ Laxman Narasimhan are also visiting the communist country this week. In March, Apple CEO Tim Cook was there. While China continues to be a significant market for all of these business tycoons, China’s recent departure from its stringent Zero Covid policy has also encouraged such high-stake visits.</p>
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<p>However, the intensity of the warm welcome bestowed upon Musk has been second to none. His visit is being eagerly followed by the Chinese public. His comments on artificial intelligence and the future of electric vehicles have especially generated intensive engagement on Chinese social media.&nbsp;</p>

<p><strong>Watch:&nbsp;Elon Musk in China, his first visit after COVID-19 | Business News</strong></p>

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<p>While details about Musk’s discussions with the Chinese officials are not made public yet, a statement released by China’s industry minister reveals that the focus of the discussions held with Musk was the development of electric cars in China.</p>

<h2><strong>Tesla facing challenges in China</strong></h2>

<p>Elon Musk’s visit to China comes amidst speculations about Tesla facing challenges in China regarding the expansion of its Shanghai plant due to data concerns. The plant was initially scheduled to undergo “third-phase” expansion mid-year, which would effectively double the plant’s production capacity to two&nbsp;million cars a year.&nbsp;</p>
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<p>Tesla cars were banned from Chinese military sites and housing compounds in early 2021 over concerns that the in-built cameras of the car might record sensitive location data.</p>

<p><a href="https://www.wionews.com/business-economy/elon-musk-in-china-tesla-ceo-minister-talk-ways-to-develop-new-energy-vehicles-598731"><strong>Also Read |&nbsp;Elon Musk in China: Tesla CEO, minister talk ways to develop new energy vehicles</strong></a></p>

<p>Tesla is also facing intense competition from Chinese electric vehicle manufacturing companies, including BYD and SAIC. Tesla presently occupies a 10.3 per cent share of China’s automobile market and is the only foreign brand among the top 10.&nbsp;</p>

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China’s effusive overture to American billionaire Elon Musk was on clear display this week when the Tesla boss visited the country for the first time in three years.

China’s effusive overture to American billionaire Elon Musk was on clear display this week when the Tesla boss visited the country for the first time in three years. China's foreign, commerce and industry ministers, all were lined up to have a one-to-one discussion with the popular businessman. Zeng Yuqun, the chairman of China’s largest battery manufacturer CATL, also hosted a dinner for Musk. Adding more charm to Musk’s visit were overwhelming comments made by Chinese netizens. Despite rising tensions between US and China, Chinese users were in awe of the visiting billionaire, with one user commenting, “He's a global idol," and another saying, “Elon Musk is just great, if only China could have someone like Elon Musk." Musk’s visit: A hot topic in China Apart from Elon Musk, JP Morgan's Jamie Dimon and Starbucks’ Laxman Narasimhan are also visiting the communist country this week. In March, Apple CEO Tim Cook was there. While China continues to be a significant market for all of these business tycoons, China’s recent departure from its stringent Zero Covid policy has also encouraged such high-stake visits. However, the intensity of the warm welcome bestowed upon Musk has been second to none. His visit is being eagerly followed by the Chinese public. His comments on artificial intelligence and the future of electric vehicles have especially generated intensive engagement on Chinese social media. Watch: Elon Musk in China, his first visit after COVID-19 | Business News × While details about Musk’s discussions with the Chinese officials are not made public yet, a statement released by China’s industry minister reveals that the focus of the discussions held with Musk was the development of electric cars in China. Tesla facing challenges in China Elon Musk’s visit to China comes amidst speculations about Tesla facing challenges in China regarding the expansion of its Shanghai plant due to data concerns. The plant was initially scheduled to undergo “third-phase” expansion mid-year, which would effectively double the plant’s production capacity to two million cars a year. Tesla cars were banned from Chinese military sites and housing compounds in early 2021 over concerns that the in-built cameras of the car might record sensitive location data. Also Read | Elon Musk in China: Tesla CEO, minister talk ways to develop new energy vehicles Tesla is also facing intense competition from Chinese electric vehicle manufacturing companies, including BYD and SAIC. Tesla presently occupies a 10.3 per cent share of China’s automobile market and is the only foreign brand among the top 10. WATCH WION LIVE HERE ×

China offers Musk red carpet welcome as Tesla boss takes Chinese internet by storm

<p>Elon Musk,&nbsp;on Tuesday, arrived in Beijing on an unannounced visit. This is his first trip to China in more than three years. He is expected to&nbsp;visit Tesla's Shanghai plant during his trip.&nbsp;</p>

<p>Musk met Foreign Minister Qin Gang in Beijing after he landed, said the ministry.</p>

<p>Qin told Musk China was "committed to creating a better market-oriented, rule-of-law-based and internationalised business environment" for foreign enterprises, his ministry said on its website.</p>

<p>Musk in response said, "Tesla opposes 'decoupling and breaking chains', and is willing to continue to expand its business in China", according to the ministry's readout.</p>

<p>According to Beijing, on Tuesday, Qin and Musk discussed relations between China and the United States, with the Chinese foreign minister saying the two countries should "apply the brakes in a timely manner to avoid dangerous driving".</p>

<h2><strong>Musk's private jet lands in Beijing&nbsp;</strong></h2>

<p>As per a Reuters news agency witness, a private jet, which is used by Tesla Inc CEO Elon Musk, landed in Beijing on Tuesday.</p>

<p>According to a flight aggregation website ADS-B Exchange, Musk’s private jet, a 2015 Gulfstream G650ER, was seen leaving Alaska before crossing over Japan and South Korea on Tuesday morning.</p>

<p>The jet with its identifying tail number could be seen at Beijing Capital International Airport on Tuesday, according to the Reuters witness.</p>

<p>After the United States, China is Tesla's second-largest market. The electric car company's Shanghai plant is its largest production hub.</p>

<p>Musk's visit to China would be the first after he took the internet by storm with his bizarre dance moves during a 2020 event at Tesla's plant in Shanghai.</p>

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<p dir="ltr" lang="en">.<a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> knows how to get down <a href="https://t.co/yIwcByxAuL">pic.twitter.com/yIwcByxAuL</a></p>
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<p>&nbsp;</p>

<p>This would also mark his first visit to the country since the COVID-19 pandemic.&nbsp;</p>

<p>This also comes after Tesla is facing challenges including intense competition from Chinese automaker companies that are exporting their vehicles as demand in the world's largest auto market weakens.&nbsp;</p>

<p>Earlier this month, Musk in a conversation with CNBC had said, "There are some constraints on our ability to expand in China." He added: "It's not a demand issue."</p>

<p>In the same interview, Musk said tensions between the United States and China "should be a concern for everyone."</p>

<h2><strong>Tesla's road to India and a Chinese stumble</strong></h2>

<p>Tesla has not yet entered India, the world's fifth-largest economy.&nbsp;</p>

<p>While Elon Musk has criticised what he said were India's high import taxes, India is averse to the idea of letting Tesla sell electric vehicles made in China.&nbsp;</p>

<p>In April 2022, speaking at Raisina Dialogue in New Delhi, India's road transport minister Nitin Gadkari said that Tesla's proposition of "manufacturing in China and selling in India" cannot be an acceptable one.&nbsp;</p>

<p>He said, "If Elon Musk is ready to manufacture in India, we have all the competencies and technology. Our request to him is to manufacture in India. India is a huge market, we have ports here. He could make in India and export all over."</p>

<p><em>(With inputs from agencies)</em></p>

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Elon Musk, on Tuesday, arrived in Beijing on an unannounced visit. This is his first trip to China in more than three years. He is expected to visit Tesla's Shanghai plant during his trip.

Elon Musk, on Tuesday, arrived in Beijing on an unannounced visit. This is his first trip to China in more than three years. He is expected to visit Tesla's Shanghai plant during his trip. Musk met Foreign Minister Qin Gang in Beijing after he landed, said the ministry. Qin told Musk China was "committed to creating a better market-oriented, rule-of-law-based and internationalised business environment" for foreign enterprises, his ministry said on its website. Musk in response said, "Tesla opposes 'decoupling and breaking chains', and is willing to continue to expand its business in China", according to the ministry's readout. According to Beijing, on Tuesday, Qin and Musk discussed relations between China and the United States, with the Chinese foreign minister saying the two countries should "apply the brakes in a timely manner to avoid dangerous driving". Musk's private jet lands in Beijing As per a Reuters news agency witness, a private jet, which is used by Tesla Inc CEO Elon Musk, landed in Beijing on Tuesday. According to a flight aggregation website ADS-B Exchange, Musk’s private jet, a 2015 Gulfstream G650ER, was seen leaving Alaska before crossing over Japan and South Korea on Tuesday morning. The jet with its identifying tail number could be seen at Beijing Capital International Airport on Tuesday, according to the Reuters witness. After the United States, China is Tesla's second-largest market. The electric car company's Shanghai plant is its largest production hub. Musk's visit to China would be the first after he took the internet by storm with his bizarre dance moves during a 2020 event at Tesla's plant in Shanghai. .@elonmusk knows how to get down pic.twitter.com/yIwcByxAuL — Tesla Owners Silicon Valley (@teslaownersSV) March 6, 2023 × This would also mark his first visit to the country since the COVID-19 pandemic. This also comes after Tesla is facing challenges including intense competition from Chinese automaker companies that are exporting their vehicles as demand in the world's largest auto market weakens. Earlier this month, Musk in a conversation with CNBC had said, "There are some constraints on our ability to expand in China." He added: "It's not a demand issue." In the same interview, Musk said tensions between the United States and China "should be a concern for everyone." Tesla's road to India and a Chinese stumble Tesla has not yet entered India, the world's fifth-largest economy. While Elon Musk has criticised what he said were India's high import taxes, India is averse to the idea of letting Tesla sell electric vehicles made in China. In April 2022, speaking at Raisina Dialogue in New Delhi, India's road transport minister Nitin Gadkari said that Tesla's proposition of "manufacturing in China and selling in India" cannot be an acceptable one. He said, "If Elon Musk is ready to manufacture in India, we have all the competencies and technology. Our request to him is to manufacture in India. India is a huge market, we have ports here. He could make in India and export all over." (With inputs from agencies) WATCH WION LIVE HERE

Tesla CEO Elon Musk lands in Beijing, meets Foreign Minister Qin Gang

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<p>Tesla's Chief Executive Officer (CEO) Elon Musk met Chinese Industry Minister Jin Zhuanglong in Beijing on Wednesday (May 31) to discuss ways to develop new energy vehicles. According to a readout from the Ministry of Industry and Information Technology, Musk met Zhuanglong to discuss "the development of new energy vehicles and intelligent connected vehicles." The readout did not give any further details.&nbsp;</p>

<p>Musk arrived in Beijing on Tuesday, his first trip to China in more than three years. On Wednesday, the Tesla CEO visited the Commerce Ministry. Speaking to reporters, Chinese Foreign Ministry spokesperson Mao Ning said, "Regarding your second question about the situation of Mr. Musk visiting China, China has released information on relevant meetings which you can check. I have no further information to add."</p>

<p>Musk was seen leaving his hotel accompanied by Tesla's China-based public affairs chief Grace Tao and head of global manufacturing Tom Zhu. His car was later seen parked outside the ministry.</p>

<h2><strong>Musk meets Chinese foreign minister</strong></h2>

<p>A day back, Musk met Chinese Foreign Minister Qing Gang hours after landing in Beijing. According to a report by the news agency Reuters, Gang told Musk that China was committed to improving the business environment for investors, including Tesla, and used an elaborate driving metaphor to describe China-US relations.&nbsp;</p>

<p>The Tesla CEO, meanwhile, expressed his opposition to an economic decoupling between Washington and Beijing.&nbsp;</p>

<p>"The interests of the United States and China are intertwined, like conjoined twins, who are inseparable from each other," Musk added.&nbsp;</p>

<h2><strong>'He's a pioneer': Musk showered with praise during China trip</strong></h2>

<p>Musk has been showered with praise since the time he arrived in Beijing. There is an outpour of enthusiasm for him on Chinese social media. "He's a global idol," commented one user. "Elon Musk is just great, if only China could have someone like Elon Musk," said another.</p>

<p>His visit to China comes as Tesla is facing intensifying competition from Chinese-made electric vehicles and some uncertainty about expansion plans for the Shanghai plant. And his extensive ties to China have raised eyebrows in the US, with President Joe Biden saying in November 2022 that the executive's links to foreign countries were "worthy" of scrutiny.</p>

<p><em><strong>(With inputs from agencies)</strong></em></p>

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Tesla's Chief Executive Officer (CEO) Elon Musk met Chinese Industry Minister Jin Zhuanglong in Beijing on Wednesday (May 31) to discuss ways to develop new energy vehicles.

Tesla's Chief Executive Officer (CEO) Elon Musk met Chinese Industry Minister Jin Zhuanglong in Beijing on Wednesday (May 31) to discuss ways to develop new energy vehicles. According to a readout from the Ministry of Industry and Information Technology, Musk met Zhuanglong to discuss "the development of new energy vehicles and intelligent connected vehicles." The readout did not give any further details. Musk arrived in Beijing on Tuesday, his first trip to China in more than three years. On Wednesday, the Tesla CEO visited the Commerce Ministry. Speaking to reporters, Chinese Foreign Ministry spokesperson Mao Ning said, "Regarding your second question about the situation of Mr. Musk visiting China, China has released information on relevant meetings which you can check. I have no further information to add." Musk was seen leaving his hotel accompanied by Tesla's China-based public affairs chief Grace Tao and head of global manufacturing Tom Zhu. His car was later seen parked outside the ministry. Musk meets Chinese foreign minister A day back, Musk met Chinese Foreign Minister Qing Gang hours after landing in Beijing. According to a report by the news agency Reuters, Gang told Musk that China was committed to improving the business environment for investors, including Tesla, and used an elaborate driving metaphor to describe China-US relations. The Tesla CEO, meanwhile, expressed his opposition to an economic decoupling between Washington and Beijing. "The interests of the United States and China are intertwined, like conjoined twins, who are inseparable from each other," Musk added. 'He's a pioneer': Musk showered with praise during China trip Musk has been showered with praise since the time he arrived in Beijing. There is an outpour of enthusiasm for him on Chinese social media. "He's a global idol," commented one user. "Elon Musk is just great, if only China could have someone like Elon Musk," said another. His visit to China comes as Tesla is facing intensifying competition from Chinese-made electric vehicles and some uncertainty about expansion plans for the Shanghai plant. And his extensive ties to China have raised eyebrows in the US, with President Joe Biden saying in November 2022 that the executive's links to foreign countries were "worthy" of scrutiny. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Elon Musk in China: Tesla CEO, minister talk ways to develop new energy vehicles

<p>The lean patch continues for the Chinese economy.&nbsp;</p>

<p>China's manufacturing sector contracted faster than expected in May due to weakening demand. Latest government data shows that the manufacturing Purchasing Managers' Index or PMI fell to 48.8 in May from 49.2 in April.&nbsp;</p>

<p>An index below 50 shows contraction in the sector, which clearly indicates that recovery in the world's second largest economy is losing steam after&nbsp;an uptick in the first three months of 2023.&nbsp;</p>

<p>The weak manufacturing data for May is all set to add more pressure on policymakers to double down on economic recovery.</p>

<p>The data comes while China hopes to get a much-needed boost from Elon Musk, who is on an unannounced trip to China, his first since the pandemic began in early 2020.</p>

<p>The Chinese foreign ministry on Tuesday said that Musk's Tesla is likely to expand its business in the country.</p>

<p>China is a huge market for the Electric Vehicle maker Tesla. The world's second largest economy is the company's second-largest market after the United States.</p>

<p>The company also runs its biggest production hub in Shanghai, which began operations in late 2019.&nbsp;</p>

<p>This makes China critical in Musk's plan to dominate the global EV market. Hence, it must come as no surprise that Chinese media reports suggest that Musk wants better economic ties between the US And China.</p>

<p>“The interests of the united states and China are intertwined, like conjoined twins, inseparable from each other," he is reported to have said in Beijing.&nbsp;</p>

<p>However, China's manufacturing might is now being challenged by India. The country is shoring up its manufacturing capacity as part of its 'Make in India' initiative.</p>

<p>A recent survey of over 100 CEOs showed that India is increasingly being favoured over China as a top destinations by multinational companies.&nbsp;</p>

<p>Even Tesla seems to be interested in manufacturing in India.&nbsp;</p>

<p>Recent reports have suggested that the EV maker is likely to set up a factory in India, as part of a plan to diversify its supply chain.&nbsp;</p>

<p>Notably, Musk has criticised what he said were India's high import taxes. On the other hand, India is averse to the idea of letting Tesla sell electric vehicles made in China.&nbsp;</p>


The lean patch continues for the Chinese economy. China's manufacturing sector contracted faster than expected in May due to weakening demand. Latest government data shows that the manufacturing Purchasing Managers' Index or PMI fell to 48.

The lean patch continues for the Chinese economy. China's manufacturing sector contracted faster than expected in May due to weakening demand. Latest government data shows that the manufacturing Purchasing Managers' Index or PMI fell to 48.8 in May from 49.2 in April. An index below 50 shows contraction in the sector, which clearly indicates that recovery in the world's second largest economy is losing steam after an uptick in the first three months of 2023. The weak manufacturing data for May is all set to add more pressure on policymakers to double down on economic recovery. The data comes while China hopes to get a much-needed boost from Elon Musk, who is on an unannounced trip to China, his first since the pandemic began in early 2020. The Chinese foreign ministry on Tuesday said that Musk's Tesla is likely to expand its business in the country. China is a huge market for the Electric Vehicle maker Tesla. The world's second largest economy is the company's second-largest market after the United States. The company also runs its biggest production hub in Shanghai, which began operations in late 2019. This makes China critical in Musk's plan to dominate the global EV market. Hence, it must come as no surprise that Chinese media reports suggest that Musk wants better economic ties between the US And China. “The interests of the united states and China are intertwined, like conjoined twins, inseparable from each other," he is reported to have said in Beijing. However, China's manufacturing might is now being challenged by India. The country is shoring up its manufacturing capacity as part of its 'Make in India' initiative. A recent survey of over 100 CEOs showed that India is increasingly being favoured over China as a top destinations by multinational companies. Even Tesla seems to be interested in manufacturing in India. Recent reports have suggested that the EV maker is likely to set up a factory in India, as part of a plan to diversify its supply chain. Notably, Musk has criticised what he said were India's high import taxes. On the other hand, India is averse to the idea of letting Tesla sell electric vehicles made in China.

China's manufacturing sector contracts further in May

In Pics | AI images of billionaire Elon Musk as an Indian groom take internet by storm

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