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Protests erupted outside Tesla showrooms across the U.S. and Europe against Elon Musk's actions as head of the Department of Government Efficiency, with demonstrators criticizing his government purges and calling for a boycott of Tesla vehicles. The Tesla Takedown movement, supported by disillusioned owners and celebrities, aims to raise awareness of the issues surrounding Musk's leadership. Despite the backlash and declining sales, Musk remains optimistic about Tesla's future, predicting significant growth in vehicle sales.
Protesters gathered outside a Tesla showroom in London as part of the global "Takedown Tesla" movement, expressing their anger towards CEO Elon Musk. The demonstrations, which aim to affect Tesla's sales and share prices, have seen increased participation, with activists criticizing Musk's recent behavior and policies. Concerns about rising tensions in the U.S. and their potential impact on Europe were also voiced by attendees.
Elon Musk announced that xAI has acquired X in an all-stock deal, valuing xAI at $80 billion and X at $33 billion. Meanwhile, Block is laying off 931 employees as part of a restructuring, and 23andMe has filed for bankruptcy, with co-founder Anne Wojcicki planning to bid for the company. Additionally, a leaked database reveals China's advanced AI censorship capabilities, and Rivian's skunkworks project has spun out as a new company called Also, securing $105 million in funding.
Elon Musk's AI startup, xAI, has acquired his social media platform X in an all-stock deal, valuing xAI at $80 billion and X at $33 billion after accounting for $12 billion in debt. This merger aims to combine resources and enhance AI capabilities, leveraging X's extensive user data. Musk's acquisition reflects his strategy to integrate his companies, furthering his ambitions in the AI sector.
Protesters in Bristol, organized as Americans for Action, are urging a boycott of Tesla in response to Elon Musk's influence over U.S. politics and his role in a government taskforce that has led to significant federal employee layoffs. With Tesla sales in Europe plummeting by 45% in January 2025 compared to the previous year, the group aims to raise awareness about Musk's actions and their impact, emphasizing the need for collective action to challenge his growing power.
Elon Musk expressed deep concerns about the declining birth rate in the US, warning that it could lead to civilization's collapse if not addressed. He emphasized America's crucial role in supporting Western civilization, stating that its strength is vital for a stable future. Despite these worries, Musk remains optimistic about the nation's potential as long as it upholds its core values of freedom and opportunity.
Elon Musk's approach to reforming Social Security is heavily influenced by his experiences at PayPal, where he faced significant challenges with fraud. He emphasizes the need to address fraud in the Social Security system, claiming it poses a risk of bankruptcy if left unchecked. Musk's tenure at PayPal, marked by a relentless fight against financial cheating, shapes his current views on government fraud, despite the relative decrease in such issues today.
Elon Musk plans to step down from his role leading the Department of Government Efficiency (DOGE) by the end of May, claiming his team is on track to cut the US federal deficit by $1 trillion. Musk stated that they are reducing waste and fraud at a rate of $4 billion a day, aiming for a 15% reduction in federal spending without impacting critical services.Despite facing challenges with Tesla and legal battles over DOGE's aggressive measures, Musk remains optimistic about the future, asserting that the government can become more efficient through modern solutions.
Rep. Andre Carson, a vocal critic of Elon Musk, is under scrutiny for leasing a Tesla with taxpayer funds, totaling nearly $11,000 last year. Despite his legislative efforts against Musk's influence and privacy concerns, Carson's office claims the lease aligns with House rules and reflects a commitment to clean energy, not a political endorsement. Carson plans to end the lease when it expires in October 2024.
Elon Musk hinted at a potential exit from the Department of Government Efficiency (DOGE) by late spring, as his special government employee status is set to expire on May 30. Despite facing backlash over his businesses, including a significant decline in Tesla sales and negative public perception, Musk defended DOGE's controversial cuts. Additionally, he announced that his xAI startup would acquire X in an all-stock deal, aiming to merge their capabilities for greater potential.
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