Last week, Elon Musk finally had his long-awaited Thanos moment for legacy verification in a rapid scheduled disassembly. It was a busy day for the boss of Twitter and SpaceX when it comes to valuable lessons from watching billions of dollars of hard work explode. But if we’re to believe Musk (this time) after the… Read more »
Electric vehicle sales are surging. Australian sales doubled in 2022 to 3.8% of all new vehicle purchases, and were up 780% in the first two months of 2023 compared to a year ago. In the United States, Europe and China, the market share of electric vehicles is much higher, helped by greater government support. As… Read more »
When Elon Musk closed the deal to buy Twitter late last year, the company suddenly found itself facing a US$3 billion yearly deficit and was four months away from bankruptcy, the billionaire told the BBC in an interview last week. Why was Twitter in trouble? Because Musk bought it. “In rough numbers, in a normal… Read more »
Elon Musk, Steve Wozniak, and over 1300 academics, tech and business luminaries have signed a Future of Life Institute (FLI) open letter calling for a 6-month freeze on “out-of-control” AI development that, they say, poses “profound risks to society and humanity.” That development has accelerated at a furious rate since last November’s release of GPT-3… Read more »
According to predictions made nearly a decade ago, we should be riding around in self-driving vehicles today. It’s now clear the autonomous vehicle revolution was overhyped. Proponents woefully underestimated the technological challenges. It turns out developing a truly driverless vehicle is hard. The other factor driving the hype was the amount of money being invested… Read more »
If share price is anything to go by, Tesla is in trouble. The market capitalisation of the electric vehicle (EV) company has fallen by 73% from its record high in November 2021, causing concern for investors. On the face of it, there is no crisis. The cars are still the benchmark for performance. The underlying… Read more »
‘Chief Twit’ Elon Musk’s electric vehicle company, Tesla, has copped its third vehicle recall in Australia in less than a month from safety regulators, with the latest software glitch involving around 15,900 Model 3 and Model Y cars imported this year. “Due to a software error, the tail lamps on one or both sides may… Read more »
As a case study in how to implement organisational change, Elon Musk’s actions at Twitter will go down as the gold standard in what not to do. Among other things, the evidence shows successful organisational change requires: a clear, compelling vision that is communicated effectively; employee participation; and fairness in the way change is implemented.… Read more »
Following Elon Musk’s acquisition of Twitter on October 27, the world’s richest man proposed a range of controversial changes to the platform. With mounting evidence that he is making it up as he goes along, these proposals are tweeted out in a stream-of-consciousness manner from Musk’s Twitter account. Primarily to raise revenue, one of the… Read more »
Twitter Australia’s entire news curation team is among the thousands of staff who lost their jobs after billionaire Elon Musk sacked half the workforce a week after his US$44 billion private takeover. The local Twitter team is less than 50 people, but around 20% of them worked in the news curation team. The job losses… Read more »
Twitter feels like I could wake up any morning now and find the whole site burned to ground, with Elon Mush standing in the smoking rubble, in a pair of yellowed Y-fronts, dribbling bathtub gin through broken teeth, laughing at me. — John Birmingham (@JohnBirmingham) October 31, 2022 It doesn’t seem that many people are… Read more »
Elon Musk has finally completed his US$44 billion deal to acquire Twitter and take it private. The world’s richest man has already begun putting his imprint on the social network by firing four of its top executives. While most people are likely familiar with the idea of taking a private company public – the process… Read more »
The battle of the billionaires has become the stuff of headlines. The world’s richest man, Elon Musk, has gone head-to-head with Australia’s richest man, billionaire Andrew “Twiggy” Forrest. Musk, founding investor in battery-powered car giant Tesla, has famously mocked hydrogen fuel-cell vehicles as “mind-bogglingly stupid”. Forrest has just placed a very large bet on green… Read more »
• Elon Musk spies a burrito cart -> Elon Musk wants a burrito. • He doesn’t want to pay for it. • Suggests via tweet that the burrito cart guy, sixty-eight-year-old Miguel Chumacero, should just let him have the burrito. Specifically, the ‘Giga-Chad’ Trinidad Scorpion Chilli Breakfast Burrito. • Burrito cart guy unimpressed with early… Read more »
Twitter pugilist Elon Musk has a new war to fight on the micro-blogging site he’s buying. After ordering his executives back into the office for a “minimum” of 40 hours a week via email, Musk followed up with an all staff email saying “If you don’t show up, we’ll assume you’ve resigned”. Taking a dig… Read more »
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