15 – Breaking News & Latest Updates 2026
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Elon Musk

Elon Musk certainly has a lot of ideas. Since making a fortune from PayPal in the original dotcom boom, he’s taken over Tesla, pushing forward production of electric cars, and founded SpaceX, the rocket company that now flies plenty of NASA payloads.

Two newer companies — the Boring Company, focused on digging holes for transit tunnels, and NeuraLink, which is developing brain-computer interfaces — also occupy his time. Then there’s the Hyperloop, the high-speed land travel design he’s encouraged others to develop. Somehow, this brash billionaire still has time to get himself into trouble on Twitter.

Alex Heath
Alex Heath
OpenAI says there is no “agreement at all” with Elon Musk.

The company’s legal response to Musk’s lawsuit was just made public and, as we expected, OpenAI refutes the crux of Musk’s argument: that it violated a founding contract with him when it became a commercial entity.

From OpenAI’s court filing, which is really just an official version of its public response to Musk last week:

Were this case to proceed to discovery, the evidence would show that Musk supported a for-profit structure for OpenAI, to be controlled by Musk himself, and dropped the project when his wishes were not followed. Seeing the remarkable technological advances OpenAI has achieved, Musk now wants that success for himself.

Elizabeth Lopatto
Elizabeth Lopatto
Seven banks who have Elon Musk-related debt are trying to negotiate with Musk.

They are discussing options that may make the debt less risky to hold. After the events of 2022, when Musk bought Twitter, it was difficult for these banks to offload the debt; they’ve agreed — for now anyway — to coordinate a sale together when X is “on firmer financial footing.”

Wes Davis
Wes Davis
OpenAI execs think Musk sued because he’s upset he’s not along for the ride.

Chief strategy officer Jason Kwon said in a staff memo regarding Elon Musk’s lawsuit that Musk has “regrets about not being involved with the company today,” according to several reports.

Axios detailed claims that Kwon refuted, including whether GPT-4 represents artificial general intelligence that benefits humanity. In court, Musk would also need to prove a very wobbly claim that OpenAI was contractually bound to do so.

Elizabeth Lopatto
Elizabeth Lopatto
Elon Musk has punked Matt Levine again.

“oh it’s a rare friday money stuff, i wonder who could have brought that about,” Levine wrote on Twitter.

Thomas Ricker
Thomas Ricker
Tesla Roadster is coming. No really!

Elon Musk isn’t great with timelines so take his latest proclamations about a 2024 reveal for the second generation Roadster announced in 2017 with appropriate skepticism, especially since he already missed the 2020, 2022, and 2023 dates.

Technically he says “aiming to ship next yea” which is either a typo for 2025 or a tactic to avoid accountability.

Justine Calma
Justine Calma
“Why am I on fire?”

Workers suffered chemical burns while digging a tunnel in Las Vegas for Elon Musk’s Boring Company, according to a state OSHA investigation. “You’d be like, ‘Why am I on fire?’” one worker told Bloomberg Businessweek.

They routinely waded through chemical-laced water, which burned and scarred workers when it splashed onto their skin. OSHA reportedly fined the Boring Company $112,504 last fall for eight “serious” violations. Musk’s company is contesting the findings of the investigation.

Jess Weatherbed
Jess Weatherbed
Is “Adrian Dittmann” actually Elon Musk?

Dittmann has found media attention before due to sounding almost identical to the Tesla CEO, but after appearing on Alex Jones’s Infowars podcast, people now suspect that he may actually be Musk masquerading under a false name.

It’s an uncanny vocal likeness, and it’s not like Musk doesn’t have a history of allegedly using burner accounts.

Joanna Nelius
Joanna Nelius
One of the last ways to access Twitter without an account is dead.

Nitter, the open-source, tracker-free Twitter front end, joins the other great third-party apps in the API afterlife.

Activist IT collective NoLog, which ran one of the largest Nitter instances, has shut it down, three weeks after Nitter’s developer said the project was dead.

Wes Davis
Wes Davis
Elon Musk’s Neuralink is now a Nevada company.

Last week, Musk said he wanted to move Tesla’s incorporation to Texas after a Delaware judge struck down his $55 billion pay package, but as Bloomberg notes, that would take a shareholder vote. There’s no such restriction on Neuralink.

The Wall Street Journal writes that Musk isn’t the only billionaire railing against Delaware’s rules, but that despite Nevada’s friendly laws, lawyers “prefer the simplicity” of Delaware incorporation.

Update February 11th, 2024, 2:06PM ET: Added context from The Wall Street Journal.

Nilay Patel
Nilay Patel
Welcome to the first Thursday Decoder.

This week marks the launch of Decoder’s second episode, which will explain big topics in the news with Verge reporters, experts, and other friends of the show. (The other Decoder you know and love, featuring big interviews with CEOs and others, now publishes every Monday.)

For this episode, I sat down with Verge Transportation Editor Andy Hawkins, to discuss a fantastic article he wrote called, “The EV Transition trips over its own cord.” It’s all about how the momentum for electric cars in America has started to hit serious snags, even as more people than ever before go fully electric. Check it out.

Elizabeth Lopatto
Elizabeth Lopatto
The guy behind internet gossip blog Crazy Days and Nights actually was a lawyer, Daily Beast says.

The Daily Beast says it identified the site’s lead blogger through a filing in a Florida court — after he had an affair with a woman that’s led to “dueling legal complaints and accusations of abusive behavior.” When the blogger sought a restraining order, he revealed enough details about himself to be identifiable.

Not all of the blind items on CDaN were true — the blog says so itself. But it did occasionally post tech industry rumors; a favorite “celebrity CEO,” for instance, was Elon Musk .

Richard Lawler
Richard Lawler
SpaceX is being investigated for discrimination and sexual harassment.

The California Civil Rights Department is investigating complaints by seven workers that SpaceX execs “discriminated against women, joked about sexual harassment and fired workers for raising concerns,” reports Bloomberg and Reuters.

The same agency is also suing Tesla over charges of operating a “racially segregated workplace.”

In the SpaceX complaints, employees cite a pattern of discrimination, as well as inappropriate tweets by Musk that they said they couldn’t easily avoid because he uses the platform for important company announcements.

Wes Davis
Wes Davis
How independent are the boards of Musk’s companies?

Not very, according to The Wall Street Journal’s examination, published last night.

It’s not just that some members have earned, for example, “hundreds of millions of dollars” — far more than typical board member compensation, the Journal says.

It’s that reportedly, some members are heavily invested in Musk’s and each other’s companies, and regularly do drugs with him “because they think refraining could upset the billionaire, who has made them a lot of money.”

Richard Lawler
Richard Lawler
Tesla will pay $1.5 million to settle a California lawsuit over dumping hazardous waste.

Tesla was being sued by 25 California DAs for dumping hazardous automotive components and waste like metal car panel welding spatter in the trash instead of handling it appropriately.

As TechCrunch points out, Tesla will pay $1.3 million in civil penalties, $200k for the costs of the investigation, and comply with an injunction for five years with training for employees and audits of its trash containers.

Richard Lawler
Richard Lawler
Elon Musk has news on Neuralink’s first human implant and a new product name: Telepathy.

Elon Musk’s other other company, the brain-machine interface startup Neuralink, has apparently put an implant in a human, who is recovering well and seeing “promising neuron spike detection.”

As for why you’d let Musk put a chip in your brain, he says its first product, Telepathy, would bring control of a phone or computer just by thinking, as demonstrated previously with Pong-playing monkeysread here for more on the monkey experiments.

Elon tweets reading: “The first human received an implant from @Neuralink  yesterday and is recovering well.  Initial results show promising neuron spike detection.” “The first @Neuralink  product is called Telepathy.” “Enables control of your phone or computer, and through them almost any device, just by thinking.  Initial users will be those who have lost the use of their limbs.   Imagine if Stephen Hawking could communicate faster than a speed typist or auctioneer. That is the goal.”
Elon Musk Neuralink tweets on January 29th, 2024.
Screenshot: Elon Musk (X) (1) (2)
Why Elon Musk needs MrBeastWhy Elon Musk needs MrBeast
Jacob Kastrenakes
Jay Peters
Jay Peters
Elon Musk’s xAI is halfway to its $1 billion funding goal.

The AI company is also discussing an eye-watering valuation of between $15 billion and $20 billion, Bloomberg reports. (AI companies have been seeking huge valuations as of late.) xAI had raised $137.4 million toward that $1 billion goal as of early December.

However, Musk called the report “simply not accurate” in a reply to a post that linked Bloomberg’s story last night.

Update January 20th, 2024, 10:45AM ET: Added Elon Musk’s comment on the matter.

Richard Lawler
Richard Lawler
Elon Musk is uncomfortable with the amount of control Elon Musk has over Tesla.

The Tesla CEO and X CTO / owner writes that “I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control,” and proposed building products (like Grok?) outside of Tesla instead.

Musk’s stake in the company reportedly dropped to 13.4 percent in 2022 as he sold shares and acquired X, then known as Twitter. Now there’s this statement, a recent WSJ report citing concerns about drug use, and... Tesla’s Q4 earnings report coming up on January 24th.

“I am uncomfortable growing Tesla to be a leader in AI & robotics without ~25% control. Enough to be influential, but not so much I can’t be overturned. Unless that is the case, I would prefer to build products outside of Tesla. You don’t seem to understand Tesla is not one startup, but a dozen. Simply look at the delta between what Tesla does and GM.  As for stock ownership itself being enough motivation, Fidelity and other own similar stakes. Why don’t they show up for work?”
Image: @elonmusk (X)
Richard Lawler
Richard Lawler
X is still promising peer to peer payments in 2024.

X CEO and former award-winning DEI executive Linda Yaccarino is promoting the company’s 2024 plans for AI and Grok, as well as the “video first” experience that included so many unauthorized Super Mario Bros. Movie streams.

Upcoming features mentioned include a “see dissimilar posts” option, as well as payments. The latter is something Elon mentioned when he took over the company, and, as Liz Lopatto explains, has been a pursuit of his for much longer than that.

Wes Davis
Wes Davis
Elon Musk’s alleged drug use is worrying Tesla and SpaceX execs,

At least according to a new report in The Wall Street Journal that claims that SpaceX and Tesla executives and board members are concerned about how Musk’s drug use could affect his health — and his businesses.

Musk, thanks to SpaceX, is deeply entangled with the US federal government, and his antics have cost him before, such as when the Pentagon investigated him after he smoked pot on Joe Rogan’s podcast.

Jon Porter
Jon Porter
X said to be worth less than 29 percent of what Musk paid.

Fidelity, an investor that put over $300 million into Elon Musk’s takeover of Twitter, now believes the company is worth 71.5 percent less than the $44 billion paid for it, Axios reports. That implies a total valuation of between $12 and $13 billion and includes a drop of 10.7 percent in the month of November alone when Musk told advertisers to “go fuck” themselves.

Richard Lawler
Richard Lawler
Elon Musk’s X can’t shake off a lawsuit over millions of dollars in unpaid Twitter bonuses.

In this entry into the list of lawsuits over unpaid Twitter bills, Courthouse News reports Mark Schobinger’s class action lawsuit is over unpaid 2022 annual bonuses. Schobinger, notably, is Twitter’s former senior director of compensation.

He says execs’ promises of a 50 percent payout for those who remained through Q1 of 2023 kept employees around during Elon’s “hardcoretakeover, but now the company argues its oral promise wasn’t enforceable. The judge didn’t buy that, writing that “Twitter’s contrary arguments all fail,” so the case will proceed.

The hyperloop is dead for real this timeThe hyperloop is dead for real this time
Andrew J. Hawkins
Elizabeth Lopatto
Elizabeth Lopatto
Pop quiz, hotshot: who do you think the sources on this story are?

It’s about Elon Musk bragging to the banks that backed his Twitter takeover that he never lost money for his investors.

Meanwhile:

One multibillion-dollar firm that specialises in distressed debt called X’s debt “uninvestable”.

My guesses are: juniors at the banks angling to make more-senior employees look dumb in order to take their jobs or employees who cautioned against the Musk debt doing a public “I told you so.”