Alia Shoaib

Major Tesla Investor Rejects Elon Musk’s Monster $1 Trillion Pay Package

The manager of Norway’s sovereign wealth fund—one of the largest investors in the electric automaker Tesla—said it would vote against the proposed $1 trillion performance-based remuneration package for CEO Elon Musk at the annual general meeting on Thursday. “While we appreciate the significant value created under Mr. Musk’s visionary role, we are concerned about the…

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AI is not in a bubble says VC founder

AI is not in a bubble says VC founder

Whether or not markets are getting ahead of themselves over artificial intelligence is a hot topic for investors right now. Last week, billionaire investor Ray Dalio said his personal “bubble indicator” was relatively high, while Federal Reserve Chair Jerome Powell described the AI boom as “different” from the dotcom bubble. For Magnus Grimeland, founder of…

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NYC mayoral election: Elon Musk's 'Mumdumi or whatever' jibe at Indian-origin Zohran Mamdani irks fire; internet calls him 'racist'

NYC mayoral election: Elon Musk’s ‘Mumdumi or whatever’ jibe at Indian-origin Zohran Mamdani irks fire; internet calls him ‘racist’

Elon Musk has landed in controversy over his latest remarks, as people said he is being “racist” purposely against “coloured people.” The backlash of the billionaire started after he misspelt the New York City mayoral candidate Zohran Mamdani‘s name while endorsing his rival, Andrew Cuomo. ‘Racist’ Musk? Taking to X, Musk urged voters to back…

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