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(Bloomberg) -- Elon Musk is on a mission to block President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in the legislation, according to a person familiar with the matter.Most Read from BloombergICE Moves to DNA-Test Families Targeted for Deportation with New ContractThe Global Struggle to Build Safer CarsNYC Residents Want Safer Streets, Cheaper Housing, Survey SaysThe Buffalo Architect Fighting fo...
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One of his lesser-known companies just revealed important news...
Continue ReadingAlphabet Inc.'s Chief Executive Officer Sundar Pichai talks about the US Justice Department's antitrust case against the search giant. Pichai says choice is good for users, but he says "the reason people use Google is because they want to use it." He speaks to Bloomberg's Emily Chang at the Bloomberg Tech summit in San Francisco...
Continue ReadingAmazon (NASDAQ:AMZN) founder Jeff Bezos says life's toughest calls get easier when you fast-forward to age 80 and ask which choice will leave you with fewer "acts of omission." What Happened: Speaking at the Summit LA event in 2017, Bezos recalled telling his boss he would quit to "start an internet bookstore." After two days of soul-searching, he said, "it was immediately obvious... I knew that when I'm 80, I would never regret trying this thing and failing." Not trying would have been a “100%...
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Amazon is completing construction of a "humanoid park," an indoor obstacle course at one of the company's San Francisco, California offices, where it will soon test such robots, according to one source...
Continue ReadingPony AI is developing self-driving technology and just partnered with Uber Technologies. Shares of Pony AI (NASDAQ: PONY) soared 112% in May, according to data from S&P Global Market Intelligence. The upstart is trying to bring self-driving and autonomous vehicle technology to the masses, with a focus on the Chinese market...
Continue ReadingThe electric automaker is struggling to grow...
Continue ReadingHe just quintupled his stake to make it one of the biggest holdings in his portfolio...
Continue ReadingRivian is about to reach an inflection point for growth. There may never be another Tesla (NASDAQ: TSLA). Tesla's high-profile leader, Elon Musk, has pushed the company into many lucrative verticals, everything from electric vehicles and solar power to distributed energy and robotaxis...
Continue ReadingNvidia, with a market value of $3.444 trillion, topped software giant Microsoft. This happened a week after Nvidia's report of double-digit revenue growth and strong demand for its artificial intelligence chips. Nvidia (NASDAQ: NVDA) might be the company everyone's talking about thanks to its dominance in the high-growth area of artificial intelligence (AI), but it remained behind one other tech player, Microsoft, in terms of market value...
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