Seattle Daily Star

  The billionaire has numerous new products in the pipeline, including a vehicle with no steering wheel Elon Musk’s voyage into the future has already created the most valuable motor company in the world in Tesla. And his creative streak is far from finished as shown with a new form of transport that features no pedals or steering wheel — the Tesla robotaxi. Mr Musk revealed some more details about the robotaxi as Tesla reported its first quarter financial results , which took it past the $3 billion mark in quarterly net profit for the first time. What is the robotaxi? Well, it has not been seen yet, because Tesla has not released any images — those interested will have to wait until next year to get a glimpse. But Mr Musk did confirm the lack of pedals and steering wheel, which makes it sound more like a train than a car. This is what he said on Tesla ’s financial results conference call: “We are also working on a new vehicle that I alluded to at the Giga Texas opening, which...

 The founder of Tesla and SpaceX is the richest person in the world, with a personal fortune of $259bn Elon Musk, founder and chief executive of electric vehicle maker Tesla and rocket company SpaceX, is the world’s richest person, with a current net worth of $259 billion, according to the Bloomberg Billionaires Index. Mr Musk’s enormous fortune far exceeds that of Amazon founder Jeff Bezos — the world’s second-wealthiest person, with a net worth of $180bn — by $79bn. The 50-year-old was first crowned the world’s richest person in January this year, when his net worth was valued at $273.5bn by Bloomberg, which compared his wealth with John D Rockefeller. “Mr Musk reached the level of riches, inflation-adjusted, achieved by modern history’s wealthiest person,” Bloomberg said at the time. However, a combination of volatile stock markets, the Russia-Ukraine crisis and the Covid-19 pandemic has taken a toll on Mr Musk’s net worth, which has fallen by 4.1 per cent — or $11bn — since the...

  Elon Musk will not join Twitter’s board of directors as planned, the company’s CEO announced in a tweet Sunday night. Twitter had announced on Tuesday that Musk would join the board, but those plans apparently fell apart before the appointment could become official. “The Board and I had many discussions about Elon joining the board, and with Elon directly,” Twitter CEO Parag Agrawal said in a memo sent to employees that he posted to Twitter. He said the appointment was set to be confirmed on Saturday, following a background check. “Elon’s appointment to the board was set to become effective 4/9, but Elon shared that same morning that he will no longer be joining the board. I believe this is for the best,” Agrawal added, without providing further reasoning for the decision. Agrawal also noted that the Tesla CEO is Twitter’s “biggest shareholder and we will remain open to his input.” Earlier on Sunday, Musk tweeted his suggested changes for Twitter Blue, the social media giant’...