Billionaire Elon Musk slammed New York City mayoral frontrunner Zohran Mamdani in a recent interview, calling him a charismatic swindler whose socialist agenda would devastate the city’s economy.
Tesla’s Cybertruck, once promoted as an “apocalypse-proof” vehicle by CEO Elon Musk, is facing a severe decline in demand. According to data from Cox Automotive, Tesla sold just 5,400 Cybertrucks in the most recent quarter—a dramatic 62.6% drop from the same period last year.
Elon Musk’s artificial intelligence startup, xAI, has raised $20 billion in a major funding round led by chipmaking giant Nvidia, solidifying the company’s position as one of the fastest-growing players in the AI sector. The deal combines $7.5 billion in equity and up to $12.5 billion in debt through a special purpose vehicle (SPV) that will allow xAI to acquire and rent Nvidia processors for five years.