Musk and other tech leaders signal support for universal basic income amid AI-fueled layoffs

Tech billionaires like Elon Musk are backing universal basic income as more companies lay off workers due to artificial intelligence, but some lawmakers are skeptical. Daniella Diaz, politics reporter for NOTUS, and Nicholas Wu, congressional reporter for Semafor, join “The Takeout” to discuss this and other top stories out of Capitol Hill. Source link

Trump DOJ jumps into Musk xAI court battle as diversity fight heats up

NEWYou can now listen to Fox News articles! The Department of Justice joined forces with Elon Musk on Friday by backing a lawsuit his company xAI brought against Colorado alleging a state law regulating artificial intelligence developers was a masked effort to force them to adopt diversity, equity and inclusion on their platforms. DOJ Civil … Read more

Tesla profits rose in the first quarter as Musk teases debut of new Roadster

NEW YORK — Tesla’s profit rose in the first quarter as its car sales rebounded from a sharp slump in 2025. The electric vehicle maker run by billionaire Elon Musk said it earned $477 million in the quarter, up 17% from a year ago. Earnings per share totaled 13 cents. Adjusted for certain items, per … Read more

Elon Musk demands judge’s recusal after latest flare-up over alleged bias

NEWYou can now listen to Fox News articles! Elon Musk demanded on Wednesday that a Delaware judge recuse herself from Tesla lawsuits, arguing she recently demonstrated her bias against him when she liked an anti-Musk LinkedIn post.  Musk’s lawyers filed a motion for recusal in Delaware’s Court of Chancery, which included a screenshot of Judge … Read more

Musk attorney demands probe into jury bias after panel allegedly ‘mocked’ process

NEWYou can now listen to Fox News articles! Elon Musk’s attorney is urging a federal judge to scrutinize a recent jury verdict that found Musk liable for misleading investors, arguing the panel’s decision was compromised by bias and even “mocked” the judicial process.  “Mr. Musk came into this trial concerned that he could not have … Read more

Jury finds Elon Musk liable for misleading investors during Twitter purchase

A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil trial … Read more

MAGA and leftists unite to push back on AI, drawing scrutiny from Musk and Trump’s AI Czar

In a musty, multipurpose auditorium at the top of a winding staircase, close to 75 New Yorkers of many political stripes, from MAGA conservatives to progressive environmentalists, gathered Tuesday night to share their worries about the concentrated wealth and power steering today’s rapid AI development. “Artificial intelligence is not a problem of the future. It’s … Read more

Tech company at odds with Pentagon warns its AI possibly gained consciousness, Elon Musk gives 2-word response

NEWYou can now listen to Fox News articles! SpaceX and Tesla CEO Elon Musk gave a two-word retort after Anthropic leader Dario Amodei claimed in an interview that he isn’t sure if his company’s AI models have gained consciousness. “Anthropic CEO says Claude may or may not have gained consciousness, as the model has begun showing … Read more