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Whether you’re satisfied with the results of the 2024 presidential election or not, the only option now that the votes are in is to accept that situation and move forward with grace and confidence. Throughout their campaign for the White House, both Kamala Harris and Donald Trump had celebrities endorsing them to help persuade the public. The former relied on Megan Thee Stallion’s bodacious body and a co-sign from Barack Obama, while Trump’s support from figures like Elon Musk and Joe Rogan could be what gave him the winning edge. The South African pledged his allegiance to the Republican candidate following the assassination attempt made on his life in July; per Barrons , Musk was one of the president-elect’s biggest donors for his third campaign, spending more than $130 million supporting Trump and others in his political party. Considering he’s the richest man in the world, dishing out this money to help his friend was nothing for the Twitter CEO, who’s only stood to benefit...
In 2003, J effrey B. Straubel, Elon Reeve Musk, Martin Eberhard and Marc Tarpenning founded Tesla – a company focused on the design, develop ment, manufacturing and sale of fully electric vehicles, energy generation and storage systems. In 2024, the automotive brand reported 140,473 employees and was ranked No. 58 on Forbes ‘ Global 2000 list, plus No. 68 on the outlet’s ranking of America’s Best Employers for Tech Workers. While Musk in particular has faced criticism for his leadership style in the past, Tesla’s net worth hasn’t taken the same hit as his other companies, such as Twitter/X ; recent estimates claim the South African’s stake in the latter is worth nearly 70% less than what he paid for it two years ago. As of Oct. 3, the price of a Tesla share is $243.81 according to Forbes. This is down 2.09%, or $5.21 and is a result of the company’s third-quarter deliveries missing expectations. 462,890 EVs were delivered in the three months before Sept. 30, while Wall Street...
Will Drewery previously worked with Tesla and now works for himself through his own technology company. From Tesla To Building His Own Technology Company Silicon Valley Business Journal reports Drewery worked with Tesla in 2013. Among his contributions to the company includes sourcing $3.5 billion in equipment to its plants based in Fremont, CA, and Buffalo, NY, over a five-year period. TechCrunch mentioned the delivery, testing, and installation of equipment was a process that could often take months or even a few years for companies that lacked the team members or tools. “This is why I felt the market needs a Diagon,” Drewery told TechCrunch. He later transitioned to work for Astra and recognized discrepancies in the market that would lead him to launch his own company, Diagon Technologies. What he recognized were issues with the sale of manufacturing equipment — including satellites, rockets, batteries and semiconductors — from some other countries due to national-security...
The Democratic Republic of the Congo (DRC) is among the countries facing a humanitarian crisis. The U.S. Agency for International Development (USAID) reported that it’s not only experiencing one of the world’s longest humanitarian crises but also one of the most complex. A most prevalent issue in the DRC is child labor. According to the U.S. Department of Labor, nearly 25,000 children work in cobalt mines. Despite the alarming rate of exploitation, a case in the U.S. regarding the matter has ended with the defendants not found at fault. Previously, in 2022, Apple, Alphabet Inc. (Google), Dell, Microsoft, and Tesla were said to have been “knowingly benefiting from and aiding and abetting the cruel and brutal use of young children in the Democratic Republic of Congo to mine cobalt,” according to ABC News. However, in March 2024, the U.S. Court of Appeals for the District of Columbia found the five tech giants not liable due to only having an “ordinary buyer-seller transaction” with...
While working in the music industry, many artists make the smart move and don’t limit themselves to only excelling in music. Will.i.am is among such musicians who are the definition of “multi-hyphenate.” As an entertainer, record producer, tech entrepreneur, and founder, the East Los Angeles, CA, native has built an extensive resume for himself. “Investor” is yet another title under his growing list of endeavors. In an interview with the “Drink Champs” podcast, Will.i.am recounted two specific investments he’s made thus far. When asked by host N.O.R.E. whether he’d choose Steve Jobs or Elon Musk — like in a game of “This or That” — Will.i.am was prompted to share how both CEOs have made an impact on his life. “I invested in Tesla in 2006 before Elon took over [the company] — around the same time,” Will.i.am explained on the podcast. He continued, “And then, I was a part of Beats. And then, Apple bought Beats from us. So you’re talking about two companies that changed my life. So, I...
Elon Musk, entrepreneur and CEO of companies like Tesla and SpaceX , is not only known for his innovations but also for his staggering wealth. In 2022, Musk made headlines when he invested a whopping $44 billion in X, formally known as Twitter. This move sparked discussions about the investment’s value and impact on the platform. Despite expressing buyer’s remorse and even joking about it on social media , Musk’s financial decisions continue to fascinate the public’s attention. How Much Money Does Elon Musk Make Per Second? Elon Musk earns approximately $656 per second, according to CoinCodex . This estimation is from Musk’s reported estimated net worth of $205.2 billion as of January 2024 and the span of over a decade during which he accumulated his wealth. Musk’s earnings per second are over $43,000 per minute, nearly equivalent to the annual full-time wage in the US of $53,490. Musk earns a year’s salary in just one minute, and it takes him only a week to reach a nine-figure...
It is going to be a long fought battle for a Black former Tesla employee. AfroTech previously reported Owen Diaz filed a racial harassment and discrimination lawsuit against the automotive company. In 2021, he shared with the court that he had been told by coworkers to “go back to Africa,” per Insider. Diaz also claimed racial graffiti was scrawled in the bathrooms of the Tesla factory.
Soon there may come a day when the world won’t even need keys to unlock the whip. As a matter of fact, for one man, that day has already arrived. According to CNN, a Detroit, MI, man can now unlock his Tesla without a key due to a chip that has been implanted into his arm. Yes, you read that correctly. Brandon Dalaly, took his love for tech to the next level by agreeing to have the piece of technology installed into his body. View this post on Instagram A post shared by Brandon Dalaly (@bdalaly)
The updates in this Tesla case just keep getting worse and worse. Lawyers representing the former elevator operator who filed a lawsuit against the smart car company have officially rejected a $15 million award. According to Complex, Owen Diaz is now rejecting a new trial after his original verdict amount of nearly $137 million was reduced to $15 million. As previously reported by AfroTech, Diaz only had a few days to decide on whether he would accept the offer on the table. Now, it looks like he will continue to fight for what he says he’s worth. “In rejecting the court’s excessive reduction by asking for a new trial, Mr. Diaz is again asking a jury of his peers to evaluate what Tesla did to him and to provide just compensation for the torrent of racist slurs that was directed at him,” said his lawyers in a statement.
The world’s richest man is back at it again with another lawsuit. Elon Musk has been sued for $258 billion for his alleged involvement in defrauding investors during a Dogecoin pyramid scheme. Fortune reports that the tech mogul has been sued by American citizen Keith Johnson “who was defrauded out of money by defendants’ Dogecoin Crypto Pyramid Scheme.” The defendants include Musk and his Tesla company as well as his SpaceX corporation. Johnson will represent not only himself but a group of investors who suffered similar losses due to Dogecoin trading that stems back to 2019.
A former elevator worker at Tesla has 14 days to determine if he will collect $15 million for the damages caused by racial abuse while working at the company’s Fremont, California factory. According to TechCrunch, Owen Diaz was originally set to receive $137 million after the company turned a blind eye to the racial harassment and discrimination that he endured at the electric vehicle (EV) plant. After Tesla challenged the verdict brought forth on behalf of the former employee, whose race is Black, the payout was diminished to $15 million. Now, the original $6.9 million that Diaz was set to receive for compensatory damages has been reduced to $1.5 million. Punitive damages went from $130 million to $13.5 million.
The world’s richest man is back at it with questionable business practices. This time, Elon Musk is raising eyebrows after sending out not one, but two company-wide emails to Tesla employees threatening that they return to work … or else, Bloomberg reports. “Everyone at Tesla is required to spend a minimum of 40 hours in the office per week,” said Musk in one of the emails. “To be super clear.” Elon to Tesla team: no more remote work pic.twitter.com/aSmZAAOm7G — Whole Mars Catalog (@WholeMarsBlog) June 1, 2022 He continued: “Moreover, the office must be where your actual colleagues are located, not some remote pseudo office. If you don’t show up, we will assume you have resigned.” What’s more, according to a tweet of one of the leaked emails, he actually titled the follow-up email: “To be super clear.” He sent a follow-up to everyone confirming the company-wide policy. pic.twitter.com/aYLnV5WhTe — Sam Nissim (@SamNissim) June 1, 2022 And, it looks like his message of strongly...
Elon Musk and the acquisition of social media giant, Twitter, have caught the attention of many high-profile individuals. Whether it’s celebrities denouncing their association with the app because they disagree with him or A-listers trying to gain a piece of the pie, there is no shortage of interest around the estimated multi-billion-dollar deal. AfroTech previously reported that Meek Mill tweeted his desire to purchase shares of Twitter after the billionaire bought it. Now, LA rap legend Snoop Dogg has entered the chat, and he doesn’t just want to buy a part of it — he wants the entire thing.