A New York Times article details Elon Musk’s property in West Lake Hills, Texas, highlighting issues with permits and ordinances. The article describes the home’s cost, size, and controversial fence but avoids revealing the exact address. Initially, the lead image included Musk’s address, but it was later updated to remove it after The Intercept’s inquiry. Despite the update, the original image remains accessible on the Times website. The property is a $6 million, 6,900-square-foot home with six bedrooms, purchased through a limited liability company named after the street. Sophia Prescott 07/05/2025 1:00 am
Tesla is struggling in Europe, with sales plummeting over 50% in key markets like France, the Netherlands, and the UK. Germany saw a 46% drop, while only Italy and Norway experienced growth. Challenges include a limited product lineup and increased competition from Chinese and European EVs. CEO Elon Musk’s political stance and the US’s global tensions have further tarnished Tesla’s image. Despite an EV boom in the UK, Tesla’s sales fell 62%, registering only 512 cars. In Germany, BEV registrations rose, but Tesla’s decline continues. Liam Harrington 06/05/2025 6:00 pm
OpenAI will remain under its nonprofit board’s control, abandoning plans to become a for-profit entity. This decision follows criticism from former employees and Elon Musk, who filed a lawsuit against the restructuring. OpenAI aims to balance its mission of benefiting humanity with the need to raise funds and deliver profits. The nonprofit board will oversee operations, while the for-profit arm becomes a public benefit corporation. OpenAI plans to secure a $30 billion investment from SoftBank, valuing it at $300 billion, to support its mission. Liam Harrington 06/05/2025 11:00 am
Elon Musk’s high-walled compound near Austin, Texas, dubbed “Fort Knox” by neighbors, has sparked controversy. Residents, including Paul Hemmer, allege zoning violations and constant surveillance by Musk’s security. Hemmer claims he was falsely accused of indecent behavior and is concerned about privacy invasion. Neighbors filed a formal complaint against Musk, who installed a 16-foot fence and surveillance cameras, exceeding local height restrictions. Hemmer even used a drone to document alleged violations, highlighting tensions in the upscale West Lake Hills community. Sophia Prescott 06/05/2025 11:00 am
OpenAI has reversed a restructuring plan, keeping its nonprofit parent in control, limiting CEO Sam Altman’s power. This decision follows criticism and a lawsuit from Elon Musk, who claims OpenAI deviated from its mission. The nonprofit will continue overseeing the for-profit arm, which will become a public benefit corporation to raise capital while maintaining its mission. Despite concerns about balancing profit and public good, OpenAI assures no changes to investor relationships and plans to remove profit caps. However, details on the nonprofit’s control remain unclear. Liam Harrington 06/05/2025 7:30 am
OpenAI’s nonprofit division will maintain control over its for-profit arm, transitioning it to a public benefit corporation (PBC). This decision follows feedback from civic leaders and discussions with the Attorneys General of Delaware and California. OpenAI, founded as a nonprofit in 2015, had considered converting to a for-profit to raise capital for growth and charitable initiatives. However, opposition, including a lawsuit from Elon Musk, argued this move strayed from its original mission. The nonprofit will remain a major shareholder, and the case will proceed to a jury trial in 2026. Sophia Prescott 05/05/2025 9:00 pm
President Trump proposed a budget with $163 billion in cuts to non-defense funds, including major reductions to health and education programs. The Department of Defense’s budget would increase to $1.01 trillion. Elon Musk, a close ally, is expected to benefit from government contracts despite his companies facing legal issues. NASA’s budget faces cuts, but $1 billion is proposed for Mars exploration, benefiting Musk’s SpaceX. The budget reflects Trump’s support for Musk’s ventures, including a missile shield project. Ava Harrington 04/05/2025 7:00 pm
President Trump’s tariff changes have created economic uncertainty, with higher import duties affecting nearly all industries. Automakers face significant challenges, except Tesla, led by Trump ally Elon Musk. A 25% tariff on automobiles and parts was enacted on March 26, 2025, with a 10% baseline duty on all imports following in April. The tariffs exclude some under the U.S.-Mexico-Canada Agreement, but non-U.S. content may still incur costs. Tesla could avoid the high costs impacting other automakers. Sophia Prescott 04/05/2025 6:30 am
Elon Musk, known for avoiding mainstream media, held a rare meeting with reporters from major outlets like The New York Times and The Washington Post. This occurred as the Wall Street Journal prepared to publish claims about Tesla’s board seeking to replace him as CEO, which Musk denied. During the meeting, Musk, alongside Department of Government Efficiency members, reflected on his time in the Trump administration, comparing himself to Buddha. Despite his usual media hostility, Musk was engaged and non-confrontational, though some noted he seemed somewhat defeated. Sophia Prescott 02/05/2025 5:30 am
Tesla chair Robyn Denholm denied a Wall Street Journal report claiming the board is searching for a new CEO to replace Elon Musk. Denholm stated the board is confident in Musk’s leadership. The report emerged amid Tesla’s recent volatility, including a 45% stock drop and a 71% earnings decline. Musk announced he would step back from his government role to focus on Tesla. Analysts believe Musk will remain CEO for at least five years, and the board is not actively seeking his replacement. President Trump praised Musk for his government service. Sophia Prescott 01/05/2025 3:30 pm
