Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates

Elon Musk says Fed's decision is been 'foolish' for not cutting interest rates

Elon Musk, the CEO of Tesla and SpaceX, has criticized the Federal Reserve for not cutting interest rates sooner. He believes that the Fed’s decision to keep rates high despite recent weak economic data is “foolish” and could potentially harm the economy.   Musk’s comments came in response to a post on X (formerly Twitter) highlighting Read more: Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates..

Elon Musk will discuss $5 billion xAI investment with Tesla board

ELon Musk will discuss $5 billion xAI investment with Tesla board

Elon Musk recently announced his intention to discuss a potential $5 billion investment in his AI startup, xAI, with Tesla’s board. This proposal has generated significant interest and discussion due to the potential implications for both Tesla and xAI.   Elon Musk announced his intention to discuss the potential $5 billion investment in xAI with Tesla’s Read more: Elon Musk will discuss $5 billion xAI investment with Tesla board..

Elon musk net worth rose $10.5 B, Ranked 1 at Forbes Real-Time Billionaires

Elon musk net worth

Elon Musk net worth has seen significant fluctuations in recent years. However, according to Forbes’ Real-Time Billionaires List as of July 3, 2024, his estimated net worth is $228.2 billion, making him the richest person in the world. Elon Musk currently owns approximately 12% of Tesla the current jump in net worth is due to Read more: Elon musk net worth rose $10.5 B, Ranked 1 at Forbes Real-Time Billionaires..