Archive for the ‘Elon Musk’ Category

Elon Musk Teases Cybertruck Progress Again: ‘Tough Product To … – Benzinga

Tesla, Inc. TSLA is tirelessly working on bringingits highly anticipatedCybertruckinto production, and fans are eagerly awaiting the companys iPhone moment. Tesla enthusiasts and trackers are actively sharing updates and photos on social media, showcasing their keen interest in the vehicles progress.

What Happened: A Tesla influencer, known by the Twitter handle @TeslaSynopsis, shared a captivating video displaying both the front and rear views of the Cybertruck.

Accompanied by the caption, Heres your dose of Cybertruck, the video appears to have been filmed at the Giga Texas site, with a glimpse of a factory worker in motion.

While the exact time of the video remains unclear, its impact is undeniable, garnering over 1.4 million views and highlighting the tremendous anticipation surrounding this yet-to-be-launched vehicle.Elon Musk, the CEO of Tesla, also weighed in on the video, stating, Were working hard to get Cybertruck into production!

Recognizing the challenges faced during the design and manufacturing process, Musk emphasized, This was a tough product to design & even tougher to build, while expressing confidence in its ultimate greatness.

See Also:Everything You Need To Know About Tesla Stock

Why It Matters: The significance of the Cybertrucks progress stems from Teslas recent decline in deliveries amid economic uncertainties. Despite the companys efforts, including aggressive price cuts, its sales have been lackluster.

However, analysts anticipate that the Cybertruck could rejuvenate Teslas volume figures.Gary BlackfromFuture Fundpredicts a fourth-quarter launchfor the Cybertruck, projecting a unit potential of over 250,000 by 2024.

Even Shark Tank-fameKevin OLearyrecognizes the appealof the Cybertruck, referring to it as a very interesting vehicle and acknowledging the immense demand surrounding it.

Price Action:Teslas stock closed Tuesdays session at $185.77, representing a 1.64% decrease, according to data fromBenzinga Pro.

Check out more of Benzingas Future Of Mobility coverage byfollowing this link.

Read Next: Tesla Takes The Crown, Ends Fords 12-Year Reign In Brand Loyalty For Vehicle Make

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Elon Musk Teases Cybertruck Progress Again: 'Tough Product To ... - Benzinga

Read Elon Musk’s letter to CEO Satya Nadella on Microsoft ‘violating’ Twitter agreement – Times of India

Twitter owner Elon Musk has accused Microsoft of inappropriately using the social media companys data to build apps. In a letter addressed to Microsoft CEO Satya Nadella, sent by Alex Spiro, one of Musks personal attorneys, accusing the software giant of improperly using the Twitter API and Twitter data. The letter levels a number of allegations against Microsoft, and demands an audit of all the ways Microsoft collected and used Twitters data. Here's the letter: Dear Mr Nadella As you are no doubt aware, for years, Microsoft has used Twitters standard developer APIs free of charge in order to benefit from Twitters data and services in key Microsoft products that generate tens of billions of dollars in revenue for Microsoft annually. Up until last month, when it declined to pay even a discounted rate for continued access to Twitters APIs and content, Microsoft operated eight separate Twitter API apps, listed below, which appear to provide data and functionality for at least five separate Microsoft products and services, including Xbox One, Bing Pages, Azure, Power Platform, and Ads. * Xbox One Social * Bing Pages * Bing Pages * Microsoft Azure * Microsoft Power Platform * Microsoft Ads * Microsoft Global Ads * Azure Logic Apps for Fairfax By registering and using these eight Twitter API apps (collectively, the Microsoft Apps), Microsoft agreed to comply with Twitters Developer Agreement and Policy (the Agreement). However, our recent review of Microsofts activity on the Microsoft Apps indicates that Microsoft may have been in violation of multiple provisions of the Agreement for an extended period of time. For example, Twitter enforces rate limits on use of the Twitter API, which the Agreement prohibits developers such as Microsoft from exceed[ing] or circumvent[ing]. The Agreementalso prohibits use of the Twitter API in a manner that exceeds reasonable request volume orconstitutes excessive or abusive usage. Despite these limitations, the Microsoft Apps accessedTwitters APIs over 780 million times and retrieved over 26 billion tweets in 2022 alone. Indeed, for one of the Microsoft Apps, Microsofts account information outright states that itintends to allow its customers to go around throttling limits. Microsoft also appears to have used the Twitter API for unauthorized uses and purposes. The Agreement makes clear that Microsoft was obligated to disclose and obtain approval for its intended use case for each Microsoft App, and to notify Twitter of any substantive modification to those use cases. Yet Microsoft did not identify any use case for six of the eight Microsoft Apps that it continued to operate until last month. Further, at least some of the Microsoft Apps appear to have engaged in expressly prohibited use cases. For example, the Azure Logic Apps for Fairfax app supplied Twitter content to a number of Microsoft endpoints that reference agovernment entity or agency, despite the fact that the Agreement prohibits use of the Twitter APIs on behalf of any government-related entity without first identify[ing] all such Government End Users to Twitter. Yet Microsoft did not provide any such notification toTwitter. The Agreement also prohibits the registration of multiple apps for a single use case orsubstantially similar or overlapping use cases. But Microsoft registered multiple apps each forits Bing Pages, Ads, and Azure products and services, in clear violation of this provision. Several of the Microsoft Apps were also used in Microsoft applications that include automationcapabilities, including Power Platform and Ads. Per the terms of the Agreement, Microsoft wasobligated to comply with Twitters Automation Rules in its operation of these apps.2 YetMicrosofts API requests for these apps include Twitter actions that are subject to certainrestrictions on automation, including retweets and direct messages. In view of the above, Twitter hereby requests a compliance audit pursuant to the terms of theAgreement for each of the eight Microsoft Apps (identified above) through April 2023. To that end, please provide us, with respect to each of the Microsoft Apps, on a Microsoft App- by-Microsoft App basis, the following information for past two years. 1. An identification of all Twitter Content (as that term is defined in the Agreement) currently in Microsofts possession or control. 2. Records describing all Twitter Content retained by Microsoft through its use of the Twitter APIs, the manner and format in which such Twitter Content was stored, and the manner in which such Twitter Content was used by Microsoft. 3. To the extent that any Twitter Content previously retained by Microsoft has been destroyed, adescription of how such Twitter Content was destroyed. 4. Records describing all uses of the Twitter APIs for each Microsoft App, including, but not limited to the following: (a) A description of the use case for each Microsoft App, and any changes to those usecases during the past two years. (b) An identification of all Twitter Content (as that term is defined in the Agreement) currently in Microsofts possession or control.2.Records describing all Twitter Content retained by Microsoft through its use of the Twitter APIs, the manner and format in which such Twitter Content was stored, and the manner in whichsuch Twitter Content was used by Microsoft.3.To the extent that any Twitter Content previously retained by Microsoft has been destroyed, adescription of how such Twitter Content was destroyed.4.Records describing all uses of the Twitter APIs for each Microsoft App, including, but notlimited to the following: a)a description of the use case for each Microsoft App, and any changes to those usecases during the past two years; (b) an identification of any and all government-related entities served by each MicrosoftApp, and the date(s) when each such government-related entity accessed Twitter Contentor the Twitter APIs through said Microsoft App; (c)a description of any token pooling implemented in any of the Microsoft Apps,including the time period(s) when any such token pooling occurred and the number of tokens that were pooled; and (d)a description of any other means implemented in the Microsoft Apps to circumvent Twitters rate limits for the Twitter APIs. 5. A written report, signed by an authorized representative, describing Microsofts deployment of Twitter Content and the Twitter APIs in each Microsoft App prior to the termination of theMicrosoft Apps in April 2023. We remind you that the terms of the Agreement require Microsoft to provide its full cooperation and assistance with the requested compliance audit. We look forward to your prompt and full cooperation in this matter. Please provide a date certain by which Microsoft will provide the requested information, and, in any event, no later than June 7, 2023. Very truly yours, Alex Spirocc: CC: Microsoft Board of Directors, Elon Musk

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Read Elon Musk's letter to CEO Satya Nadella on Microsoft 'violating' Twitter agreement - Times of India

DeSantis to announce 2024 bid in Twitter chat with Elon Musk – Spectrum News 1

Florida Gov. Ron DeSantis is set to formally announce his long-anticipated presidential campaign on Wednesday in a conversation with Twitter owner Elon Musk, a source confirmed to Spectrum News.

The announcement was first reported byNBC News. Musk seemed to confirm the report by retweeting a Fox News reporter's post on the platform about the event.

The conversation is set to take place on Twitter Spaces, a place on the platform to have live audio conversations.

It was long speculated that DeSantis would run for the countrys highest office on the Republican ticket, but he avoided saying as much at every turn. Now, he will have to outpace the races frontrunner, former President Donald Trump, as he makes a bid to take on President Joe Biden, the presumptive Democratic nominee.

Trump has attacked DeSantis at rallies, in interviews, and dozens of times on his social media network, Truth Social. In the immediate aftermath of the news of Desantis' impending announcement breaking Tuesday, Trump began posting articles and messages from supporters attacking DeSantis. The Florida governor has not yet commented himself.

"Ron is unelectable," Trump posted on Friday. "His 'campaign' has been a total disaster!"

DeSantis emerged as a key supporter of Trump during his presidency and was endorsed by the then-president during his successful campaign for governor in 2018. Trump has repeatedly said that his endorsement boosted DeSantis to victory.

Now the former allies are at odds, with DeSantis spending the last few years using his office in concert with the Florida legislature to boost his credentials with the Republican partys right-wing and attempt to win over Trump supporters by wading into the so-called culture wars and targeting educators, colleges, LGBTQ Floridians, and migrants with a series of tough laws and restrictions.

He sought to punish one of Floridas largest employers, Disney, for opposing a controversial education law dubbed by critics as the "Don't Say Gay" bill. Hes signed legislation that makes it easier for schools to ban books, barred teachers from giving lessons on systematic racism and gender identity, and gutted a Florida universitys leadership as part of an effort to end diversity, equity and inclusion programs and, according to his administration, course correct universities missions to align education for citizenship of the constitutional republic.

The governor made several trips over the last few months to key early voting states, including Iowa and New Hampshire, increasing speculation about an impending announcement. He's also visited key battleground states like Ohio and Wisconsin.

DeSantis recently embarked on a multi-nation trip abroad in April that included Israel, Japan, South Korea, and the United Kingdom. The trip was announced as a trade mission, but it was perceived as a move to boost his foreign policy credentials. During his time in Israel, he signed a bill that would enhance penalties for expressing anti-Jewish hate messages in his state.

In May, he was asked if the end of Floridas legislative session meant that he would begin to turn his sights to the White House.

At the end of the day, these things will happen in relatively due course," DeSantis said, adding: "I think that so many people just didnt understand that ... you win an election, and you need to do something with what youve done, and that should have been our focus."

"You'll get there one way or another, very soon," he said, adding: "I'm not gonna short-circuit any of the good work that we've done."

Adding fuel to the fire of presidential rumors was a report from last month that DeSantis had launched a presidential exploratory committee, something he quickly denied.

"If theres any announcements, those will come at the appropriate time," he said at the time. "But if anyones telling you that somehow they know this or they know that, thats just inaccurate, because theres not been any decisions made."

DeSantis heads into the race with a pretty substantial war chest. He has access to more than $110 million in campaign funds left over from his gubernatorial run, and some fundraisers he had before his official announcement.

In comparison, Trumps campaign has raised over $18 million since November, and a super PAC has access to $55 million in cash reserves.

The governor also begin the year with a decent showing in the polls. On March 5, the polling aggregator FiveThirtyEight showed that on average, Trump earned 44.8% support among Republican voters, compared to DeSantis 29.6% support. On Tuesday, the disparity had grown to 53.5% for Trump and 20.8% for DeSantis, on average. No other contender was polling above 5.5%.

DeSantis attended Dunedin High School outside Tampa before going to Yale University. He later attended Harvard Law School, where he earned a commission in the U.S. Navy as a Judge Advocate General, or JAG, officer.

He served in Iraq as a legal advisor and earned a Bronze Star and an Iraq Campaign Medal. The future governor later served at Guantanamo Bay, the U.S. military base in Cuba where accused terrorists have been held during the post-9/11 wars. At least two detainees have since accused him of observing their force-feeding by U.S. officials.

After his service, he worked as a federal prosecutor before being elected to Congress in 2012. He was elected twice to be Floridas governor, most recently last year.

He joins Trump, entrepreneur Vivek Ramaswamy, former Arkansas Gov. Asa Hutchinson, former United Nations Ambassador Nikki Haley, South Carolina Sen. Tim Scott, and former California gubernatorial candidate Larry Elder in the Republican primary race for president. Former Vice President Mike Pence, former New Jersey Gov. Chris Christie, and several other prominent Republican officials have been teasing runs, but have yet to officially announce.

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DeSantis to announce 2024 bid in Twitter chat with Elon Musk - Spectrum News 1

Elon Musk Is Bullish On Austin. Here’s How To Invest In The City’s … – Benzinga

Austin, Texas, is getting eccentric, and new ways of profiting from its boom are opening up.

Since 2010, the greater Austin metropolitan area has nearly doubled its gross domestic product (GDP) and witnessed a huge population influx. With a 36% increase in residents, it is Americas fastest-growing metro area. These statistics underscore the tremendous momentum and attractiveness of the Austin region, making it a prime destination for opportunity and prosperity.

Tesla Inc. CEO Elon Musk has reportedly bought 6,000 acres of land just outside of Austin where he plans to build his own town and add thousands of jobs to the area, after opening Teslas Gigafactory in 2016. Samsung is also building a $17 billion semiconductor facility, further accelerating the areas growth.

The Texas capitals real estate prices are following suit, with home appreciation hitting 170% since 2010 double the national average. With the supply constraints in some parts and increasing demand from the high-earning populace, it looks like Austin homes are going to grow in value even if the broader real estate market takes a hit.

This is great news for those who invest in Austins Cityfund. Cityfunds are a way to go bullish on an urban areas real estate market without taking on the commitment or risk of owning a single unit. Nonaccredited and accredited investors can buy shares of area-specific funds made up of many single-family homes and profit from appreciation realized on sales and rental income.

Austins Cityfunds boasts a portfolio of 23 single-family homes that have appreciated in value by 14.4% as of Jan. 31. In line with the companys vision to increase access to real estate gains, the barrier of entry is set to the bare minimum. As little as $100 is enough to own a piece of Austins Cityfund.

Nada, the company behind Cityfunds, sidestepped one of the greatest drawbacks of real estate investing illiquidity. Generally speaking, hold periods of up to 10 years are common for similar securities. But you can sell Cityfunds shares within Nadas app and instantly pull out your funds and the profits.

"Austin is a fast-growing sector for entrepreneurs to move into, which means there will be lots of new development and potential to benefit from the Cityfund," said one reviewer after acquiring shares of Austins Cityfund. Click here to do the same.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

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Elon Musk Is Bullish On Austin. Here's How To Invest In The City's ... - Benzinga

‘Game On’: Elon Musk’s Twitter Successor Gears Up To Tackle … – Benzinga

AsMeta Platforms Inc.META gears up to launch its Twitter rival,Elon MuskssuccessorLinda Yaccarinohas accepted the challenge with a resounding battle cry.

What Happened:On Sunday, Yaccarino, the new CEO of Twitter, responded to a news report about Metas soon-to-launchdecentralized text-based social media platform, codenamed P92 and now goes with the name Barcelona.

See Also:WhatsApp Scrambles To Clear The Air After Elon Musk Says Metas Messaging Service Cannot Be Trusted

The microblogging sites new chief appeared ready for some competition by theMark Zuckerberg-led company and responded with just two words, Game on!

The article in question Yaccarino quote tweeted was about Meta-ownedInstagrampreparing to launch its decentralized social network in the summer of this year. Meta reportedly shared some screenshots of the new app with a limited number of creators, includingLia Haberman.

Yaccarino was previously thechairman of global advertising and partnershipatComcast Corporations NBCUniversal.She played a crucial role in launching the ad-supported streaming servicePeacock.

Why Its Important:Before Yaccarino, Musk also took some potshots at Metas Twitter rival. The tech billionaire, who acquired Twitter in October 2022 for $44 billion, mocked Zuckerberg for considering launching arival and called him a copy cat.

In December 2022, it was first reported that Meta was scheming totake away Twitters bread and butter.

Previously, social media consultantMatt Navarrastated that Metas upcoming Twitter rival would function as a standalone app but would be integrated with Instagram.

Simply put, users will be able to keep their existing handles and passwords. Users followers will also receive a notification to follow them on Barcelona.

Check out more of Benzingas Consumer Tech coverage byfollowing this link.

Read Next:Mark Zuckerbergs Fortune Grew $44 Billion This Year

Photo by WEF on Flickr

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'Game On': Elon Musk's Twitter Successor Gears Up To Tackle ... - Benzinga