Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is […]

The post VW and Rivian launch joint venture, Elon Musk to lead ‘DOGE’ appeared first on ShinyShiny.

Apres la nomination d'Elon Musk a la tete d'un ministere de l'Efficacite gouvernementale, le ministre de la Fonction publique francais a exprime sa << hate >> de << partager les meilleures pratiques >>.

Donald Trump confie à Elon Musk et Vivek Ramaswamy "l'efficacité gouvernementale"

1. Aux Etats-Unis, Elon Musk chargé par Donald Trump de « démanteler la bureaucratie gouvernementale »  Le Monde
2. Le ministre de la fonction publique, Guillaume Kasbarian, félicite Elon Musk, nommé par Donald Trump pour « démanteler la bureaucratie »  Le Monde
3. 6750 milliards de dollars : à quoi sert le colossal budget fédéral des États-Unis que Elon Musk veut raboter?  Le Figaro
4. Donald Trump nomme Elon Musk à la tête d’un ministère de l’«efficacité gouvernementale»  Libération
5. "J'en ai rêvé, Musk va le faire": l'hommage de Valérie Pécresse au "comité de la hache anti-bureaucratique"...  BFM Paris Ile-de-France

1. Trump says Elon Musk, Vivek Ramaswamy will lead the Department of Government Efficiency  The Globe and Mail
2. Why is Elon Musk becoming Donald Trump's efficiency adviser?  BBC.com
3. Elon Musk and Vivek Ramaswamy will lead new 'Department of Government Efficiency' in Trump administration  CTV News
4. George Conway: Musk, Ramaswamy to lead ‘nonexistent department’  The Hill

Elon Musk a tenté de montrer lundi au tribunal que ses fameux tweets de 2018, sur sa volonté de sortir Tesla de la Bourse, n'avaient rien de trompeurs ou de frauduleux, contrairement aux accusations d'investisseurs qui disent avoir perdu des millions de dollars à cause du milliardaire.

Le patron de Tesla -- et de Twitter, depuis fin octobre -- a assuré qu'il n'avait "jamais" cherché à tromper les investisseurs, et que l'accusation de fraude était "scandaleuse".

Il avait créé la stupeur le 7 août 2018 en affirmant qu'il voulait retirer son groupe automobile de la Bourse au prix de 420 dollars par action, puis en assurant que le financement était "sécurisé".

"Je ne disais pas que c'était fait, je disais simplement que je l'envisageais, que j'y pensais. Et qu'à mon avis le financement était sécurisé", a déclaré Elon Musk à la barre, dans le tribunal de San Francisco où a lieu le procès.

La semaine dernière, le principal avocat des plaignants, Nicholas Porritt, avait accusé le dirigeant d'avoir "menti" et d'être responsable des pertes des investisseurs.

Le titre avait bondi dans la foulée des tweets très inhabituels (et le Nasdaq avait temporairement suspendu le cours de l'action Tesla), avant de décliner les jours suivants. Des articles de presse avaient fini par révéler que le patron n'avait pas vraiment les fonds.

Tesla était restée cotée en Bourse.

A travers ses questions, Nicholas Porritt a cherché à montrer qu'Elon Musk n'avait pas réalisé les consultations appropriées, et ne disposait pas ni des éléments nécessaires, ni de l'autorité pour faire une annonce aussi fracassante, surtout sur Twitter, et surtout pendant que les marchés étaient ouverts.

- "M. Tweet" -

L'avocat a mis en avant des échanges acerbes le 12 août 2018 entre le milliardaire et Yasir Al-Rumayyan, le directeur du fonds souverain saoudien, qui s'était engagé "catégoriquement" et "sans hésitation" à financer l'opération, selon Elon Musk.

"Le financement n'était pas vraiment sécurisé, n'est-ce pas?", a demandé M Porritt.

Yasir Al-Rumayyan a fait du "rétropédalage", a rétorqué le patron de Tesla.

Il a assuré qu'il avait de toute façon la possibilité de vendre ses actions de son autre fleuron, SpaceX, "l'entreprise non cotée la plus valorisée des Etats-Unis".

"Cela m'aurait brisé le cœur (de les vendre), mais je l'aurais fait si besoin", a-t-il déclaré, évoquant comment il avait dû se séparer d'actions de Tesla pour racheter Twitter l'année dernière.

Costume sombre, chemise blanche et cravate, il est apparu hésitant, ne se souvenant pas de nombreux emails et détails, et répondant souvent à côté des questions pour répéter à l'envie les messages qu'il voulait faire passer au jury.

Au point de faire perdre patience à l'avocat des investisseurs. "Nous avons passé toute une journée ensemble à Austin, vous vous en souvenez M. Tweet?!", a lancé Nicholas Porritt, avant de corriger pour "M. Musk".

- "Karma" -

L'accusation est aussi revenue sur le prix proposé par Elon Musk, 420 dollars par action. Aux Etats-Unis, les chiffres 4 et 20 accolés sont associés à la consommation de cannabis. Quand le milliardaire a proposé de racheter Twitter au printemps dernier, il a choisi un prix de 54,20 dollars par action.

"Avez-vous arrondi à 420 en guise de blague à l'attention de votre petite amie?", a demandé Nicholas Porritt.

"Ce n'était pas une blague, cela représentait une prime de 20% au-dessus du prix de l'action", a répondu Elon Musk, reconnaissant cependant qu'il y a "un certain karma autour de 420".

"Pas sûr que ce soit un bon ou un mauvais karma à ce stade", a-t-il encore plaisanté.

Son avocat Alex Spiro l'a ensuite aidé à dresser le portrait d'un immigré parti de rien, venu aux Etats-Unis - "là où les grandes choses sont possibles" - après une enfance "malheureuse" en Afrique du Sud, selon les mots du milliardaire.

"On m'a traité de fou à de nombreuses reprises", a déclaré Elon Musk après avoir énuméré les entreprises qu'il a cofondées.

Mais "à ce stade je crois que j'ai levé plus d'argent que quiconque dans l'histoire", s'est-il vanté, attribuant sa réussite à son "honnêteté" à l'égard des investisseurs.

Le procès doit durer trois semaines. Dans une précédente décision liée à cette affaire, un juge avait estimé que le fameux tweet de 2018 pouvait être considéré comme "faux et trompeur".

Le gendarme boursier américain, la SEC, avait de son côté obligé Elon Musk à céder la présidence du conseil d'administration, à payer une amende et à faire pré-approuver par un juriste ses tweets directement liés à l'activité de Tesla.

It has accused X of promoting "disturbing content", and says Mr Musk is using it to "shape political discourse."

The tech billionaire joins the incoming administration to "dismantle government bureaucracy" - but what's in it for both of them?

U.S. President-elect Donald Trump on Tuesday named Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead a newly created Department of Government Efficiency, rewarding two of Trump’s well known supporters from the private sector.

Musk and Ramaswamy “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,“ Trump said in a statement.

Trump said the new department “will provide advice and guidance from outside of government,“ signaling the entity would operate outside the confines of government.

However, it would work with the White House and Office of Management & Budget to “drive large scale structural reform, and create an entrepreneurial approach” to government never seen before.

Trump said their work would conclude by July 4, 2026, making it a “gift” to the country on the 250th anniversary of the signing of the Declaration of Independence.

Musk, ranked by Forbes as the richest person in the world, already stood to benefit from Trump’s victory, with the billionaire entrepreneur expected to wield extraordinary influence to help his companies and secure favorable government treatment.

Musk gave millions of dollars to support Trump’s presidential campaign and made public appearances with him. Trump had said he would offer Musk a role in his administration promoting government efficiency.

He has many links to Washington, opens new tab and his lineup of companies includes electric car company Tesla (TSLA.O), opens new tab, social media platform X and rocket company SpaceX.

“This will send shockwaves through the system, and anyone involved in government waste, which is a lot of people!” Musk said, according to Trump’s statement, which called the new government initiative “potentially ‘The Manhattan Project’ of our time,“ referring to the U.S. plan to build the atomic bomb that helped end World War Two.

Ramaswamy is the founder of a pharmaceutical company who ran for the Republican presidential nomination against Trump and then threw his support behind the former president after dropping out.

“We will not go gently, @elonmusk,“ Ramaswamy said on X.

Musk reposted the announcement from Trump on his X account and added comments such as that, “The merch will be (fire),“ using three fire emojis, and, “People have no idea how much this will move the needle!”

He also posted: “Threat to democracy? Nope, threat to BUREAUCRACY!!!”

The acronym of the new department - DOGE - coincides with the name of the cryptocurrency dogecoin that Musk promotes.

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Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and US president-elect Donald Trump looks on during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, US, October 5, 2024. — ReutersMusk and Ramaswamy to lead...

Elon Musk's artificial intelligence startup xAI is reportedly engaged in funding talks that could see the company secure a $40 billion valuation.

"Unlike most celebrity endorsements which end with a few supportive words on social media and perhaps some appearances on friendly cable news networks, Musk has devoted significant time and energy to making the case for Trump directly to voters," Ohio-based political consultant Shane Harris wrote in an essay for the Association of Mature American Citizens.

President-elect Donald Trump showed his intention to shake up the federal government Tuesday by naming former Director of National Intelligence John Ratcliffe to lead the CIA, Elon Musk to head a new department to cut waste and regulations, and the unexpected choice of military reservist and Fox News figure Pete Hegseth to serve as Defense Secretary.

Some election lawyers suggested that Musk is inching closer to the legal line.

The post Elon Musk’s $1 million offer raises new legal questions appeared first on Boston.com.

The world’s richest man gave his money and time in campaigning for the president-elect and now is putting in his requests for a friendlier regulatory environment.

The post Elon Musk helped elect Trump. What does he expect in return? appeared first on Boston.com.

The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin.

The post Trump says Elon Musk, Vivek Ramaswamy will form outside group to advise White House on government efficiency appeared first on Boston.com.

The billionaire businessman has spent weeks campaigning relentlessly for Donald Trump. That dedication could lead to major benefits for him and his companies.

Russian military correspondent Alexander Kots said that the Russian Armed Forces use Elon Musk's technology in military actions. According to Kots, the Russian military use Starlink satellites in the special military operation zone. "The troops actively use Starlink in the SVO (SVO is a Russian abbreviation for special military operation — ed.). We use it, among other things, for broadcast to command posts, to get images from reconnaissance UAVs,” the military correspondent said. This has significantly raised the level of Russian intelligence, the military correspondent added.

[International] :
U.S. President-elect Donald Trump has picked Tesla and SpaceX CEO Elon Musk to co-lead a newly created Department of Government Efficiency along with former Republican presidential primary candidate Vivek Ramaswamy. In a statement on Wednesday, Trump said the nominees will pave the way for his government ...

[more...]

In an interview with the BBC last month, CEO Elon Musk said he had fired more than 6,000 people since taking over Twitter.

Since taking over Twitter last November, Tesla chief Elon Musk has transformed it. From selling the verified badge for $8 a month to letting creators monetise their content, Musk has revamped many things at the microblogging site, except for its iconic bird logo. That, however, is about to change.

While he did not provide more details on the subscription plans, a test case by X earlier this week suggested several restrictions for users who don't want to pay for the service.

In just four hours of its launch, the social media platform has recorded over five million signups, Zuckerberg announced on Thursday.

Starlink wants India to just assign a license for the service and not insist on auctioning the signal-carrying spectrum or airwaves. This stand finds Musk on the side of Tatas, Sunil Bharti Mittal's firm, and Amazon, who too prefer the same route. But Ambani's Reliance says there must be an auction of spectrum for foreign satellite service providers to offer voice and data services to provide a level playing field to traditional telecom players who offer the same services using airwaves bought in government auctions.

A roundup of current events in workplace safety, including Ladder Safety Month training opportunities and Elon Musk’s latest OSHA violations.

Humanitarian Medical Expert Alerts Court to Bio-Hacking Urgency

Ms. Nikki C. Musko is noted for her success as a leader in the dog training industry

BD Kim unveils 12.5-meter artwork at Baekdu Mountain, inviting Elon Musk to lead a new art era

The "SNL" comedian Chloe Fineman said Musk made her cry when he hosted the show in 2021. On Sunday, he said "SNL" had been "slowly dying for years."

President-elect Trump is appointing Elon Musk and Vivek Ramaswamy to lead an effort to cut government spending, eliminate regulations and restructure federal agencies. To give you an idea of how clownish the project already is, they're calling it the Department of Government Efficiency (DOGE). Dogecoin is the name of a cryptocoin created as a joke to mock crytocurrency speculation. People bought it for the lulz and it's currently worth 39 cents.

We've lived amongst Elon Musk headlines for so long now that it's easy to forget just how much he sounds like a sci-fi character. He runs a space company and wants to colonize mars. He also runs a company that just implanted a computer chip into a human brain. And he believes there's a pretty high probability everything is a simulation and we are living inside of it.

But the latest Elon Musk headline-grabbing drama is less something out of sci-fi, and more something pulled from HBO's "Succession."

Elon Musk helped take Tesla from the brink of bankruptcy to one of the biggest companies in the world. And his compensation for that was an unprecedentedly large pay package that turned him into the richest person on Earth. But a judge made a decision about that pay package that set off a chain of events resulting in quite possibly the most expensive, highest stakes vote in publicly traded company history.

The ensuing battle over Musk's compensation is not just another wild Elon tale. It's a lesson in how to motivate the people running the biggest companies that – like it or not – are shaping our world. It's a classic economics problem with a very 2024 twist.

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A second Trump administration committed to cutting federal spending could mean very good things for non-traditional defense companies and startups because of a focus on affordability, Eric DeMarco, the president […]

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Musk confirmed that his company could make use of their current heat pump technology to develop a smart HVAC system for home use.

US President-elect Donald Trump has named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world’s richest man who donated millions of dollars to helping Trump get elected.

Technology entrepreneur Elon Musk, the founder of Tesla, SpaceX and The Boring Company, gives a rapt audience a preview of gaming in Tesla cars, and described which failure most helped his career. - REUTERS

While Donald Trump has announced a few people who will be part of his new administration, when it comes to Cabinet appointees, things appear to be ramping up fast. Trump has named people to several roles, including chief of staff and border czar, and media reports in the past 24 hours have leaked a number of potential Cabinet appointments–with more to come.

On Monday night, the Wall Street Journal reported that Trump was expected to name Florida Senator Marco Rubio as his Secretary of State—the first of the 15 Cabinet posts to be filled. And on Tuesday South Dakota Governor Kristi Noem was tapped to head Homeland Security. Trump also confirmed that former Rep. Lee Zeldin would be his EPA administrator and that John Ratcliffe, the one-time director of National Intelligence during the final year of Trump’s first term and a former congressman who is unflinchingly loyal to Trump, is his pick to lead the CIA. Trump also surprised many with his pick of Fox News host Pete Hegseth for Defense Secretary.

The job of Cabinet secretaries is to advise the president on issues that are related to their office—and whoever fills those must first be confirmed by the Senate . . . at least, for now. Trump is already calling on the Republican-controlled Senate to change those rules and let him appoint nominees without a Senate vote.

Nominees for Cabinet positions are normally trusted advisors, experts in their field, and sometimes major donors. Tesla CEO and Trump backer Elon Musk also may or may not be involved: He recently put out a call on X saying it “would be interesting to hear recommendations for roles in the new administration for consideration by the President.”

Whether those recommendations will carry any weight is, of course, unknown, but given how close Musk and Trump are now—and Trump’s fondness for social media feedback—it can’t be discounted entirely.

That said, here are some of the leading and potential candidates for select Cabinet posts:

Attorney General

Senator Mike Lee: Considered by some as the leading candidate, the Utah Senator aided efforts to overturn the 2020 election. He has also spread conspiracy theories about the January 6 attack on the Capitol. That’s a big turnaround from 2016, when he did not vote for Trump.

Jeffrey Clark: Known best as the assistant Attorney General who pressured officials in the Justice Department to overturn Trump’s loss in 2020, Clark is currently under indictment in Georgia for his role in that election. Three months ago, a disciplinary committee in Washington, D.C., said Clark should be disbarred for two years for efforts to interfere with election results.

Treasury Secretary

Scott Bessent: The former Soros Fund Management executive (and founder and CEO of Key Square Group) is reportedly Trump’s “go-to economic advisor” and has become the frontrunner in the race for Treasury Secretary after John Paulson removed himself from consideration Tuesday.  He has known the Trump family for decades and is friends with JD Vance. Bessent has expressed concerns about the country’s debt levels and believes the way to correct that is by increasing growth. Asked about a possible Treasury secretary role by CNBC, he said, “I’m going to do whatever Donald Trump asks.”

Howard Lutnick: While Lutnick, who is CEO of investment firm Cantor Fitzgerald, might be under consideration, he’s busy right now leading the Trump transition team with Linda McMahon (who was administrator of the Small Business Administration, 2017-2019, during Trump’s first term). Lutnick and Trump have been friends for more than 20 years and he raised or donated more than $75 million for Trump’s reelection bid.

Larry Kudlow: Best known as a Fox Business financial commentator, Kudlow served as director of the National Economic Council during the Trump Administration, 2018-2021. Throughout this election cycle, Kudlow has been a vocal supporter of Trump and his economic policies on Fox.

Wild cards

Robert F. Kennedy Jr.: While Kennedy has said Trump “promised” him “control of the public health agencies,” the exact role he will play in the administration (if any) is still very much up in the air. Asked by CNN in August if he would appoint the independent politician to his cabinet, Trump said “he probably would,” but public criticism of Kennedy’s stance on vaccines and water fluoridation has grown considerably since then.

Elon Musk: Musk has stuck close to Trump since the election, even sitting in on a call with Ukraine President Volodymyr Zelenskyy. Musk has, however, taken himself out of the running for any Cabinet positions, according to Trump. “He doesn’t want to be in the Cabinet, he just wants to be in charge of cost-cutting. We’ll have a new position, secretary of cost-cutting—Elon wants to do that.” On Tuesday, Trump announced that Musk and Vivek Ramaswamy would indeed head a new agency called the Department of Government Efficiency (DOGE) to cut government spending, although a new agency cannot be created without Congress.

Update, November 12, 2024: This article has been updated with Trump’s picks for CIA and Defense Secretary, and announcement about Musk and Ramaswamy.

President-elect Donald Trump announced Elon Musk will head a new U.S. Department of Government Efficiency ("DOGE").

Watch Bitcoin Pulls Back, Other Musk Investments | Bloomberg Technology  Bloomberg

El multimillonario ha afirmado que este vehículo revolucionará el transporte de personas porque su coste por kilómetro será 20 centavos, una quinta parte del de un autobús público Leer

Las acciones del fabricante de vehículos eléctricos se han revalorizado un 35,1% desde el miércoles, llevando la fortuna de Musk hasta los 320.200 millones de dólares. Leer

Ocupa el puesto 19 de la clasificación de Helltides, una web que recoge algunas de las mejores puntuaciones. No es la primera vez que el magnate presume de ser un jugador avanzado Leer

Su labor, sin formar parte del Ejecutivo, deberá concluir a más tardar el 4 de julio de 2026, en el 250 aniversario de la fundación de EEUU Leer

President-elect Donald Trump assigned Elon Musk on Tuesday to “dismantle” the U.S. bureaucracy, and named a longtime Fox News host, Pete Hegseth, to lead the Pentagon. Musk, the billionaire CEO of SpaceX and Tesla, had offered himself during the campaign as someone who could cut waste out of the federal budget. In late October, he […]

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U.S. President-elect Donald Trump has named Tesla CEO Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (D.O.G.E). The initiative aims to streamline government operations and cut wasteful government spending.  Trump Appoints Elon Musk And Vivek Ramaswamy To Head D.O.G.E And Cut $2 Trillion In Government [...]