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Edward Ludlow

Edward Ludlow

Fortune

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Tesla’s top HR executive has left the company, sources say

Allie Arebalo was one of the most senior women at the company, in her role since February 2023. She worked for Tesla for about six years, according to...

01.05.2024 50

Fortune

Edward Ludlow

Tesla guts newly formed marketing team despite investors demanding greater focus on ads as EV sales slow

The cuts signal a retreat from a traditional advertising push that CEO Elon Musk greenlighted less than a year ago.

22.04.2024 30

Fortune

Edward Ludlow

Tesla's top engineering exec, who led development of critical technologies, has resigned after 18 years, adding to concerns about who will succeed Elon Musk as CEO

Tesla's top engineering executive Drew Baglino resigned from the company after leading development of its batteries, motors and energy products.

15.04.2024 7

Fortune

Edward Ludlow

Cathie Wood discloses OpenAI stake, saying it’s ‘at the forefront of a Cambrian explosion in artificial intelligence capability’

Wood’s most famous vehicle, Ark Innovation ETF, catapulted to fame during the height of the pandemic after making big bets on the likes of Tesla.

12.04.2024 20

Fortune

Edward Ludlow

Tesla bull Cathie Wood's $54 million Ark Venture Fund invests in Sam Altman-led OpenAI, and Elon Musk sued both last month

OpenAI will represent about 4% of the Ark venture fund’s holdings.

12.04.2024 8

Fortune

Edward Ludlow

Tesla rival Rivian unveils R2 and shares a few surprises—including a way it'll save a much-needed $2.25 billion

Shares of the EV maker jumped as much as 16% after its announcements, their biggest gain since July.

07.03.2024 10

Fortune

Edward Ludlow

Tesla rival Fisker is in talks with Nissan on a partnership—and a financial lifeline

Fisker has warned that its current capital may not be enough to sustain it over the next 12 months without additional funds.

02.03.2024 10

Fortune

Edward Ludlow

Sam Altman says OpenAI needs way more AI chips—and he's working to raise billions for a network of factories to make them

Altman believes the AI industry needs to act now to ensure there’s sufficient supply near the end of the decade.

21.01.2024 20

Fortune

Edward Ludlow

Tesla’s push into supercomputers, potentially worth $500 billion in added market value, just suffered a big blow after its chief departs

Musk has said the carmaker plans to invest more than $1 billion on Project Dojo by the end of 2024.

07.12.2023 6

Fortune

Edward Ludlow

Sam Altman was fundraising in the Middle East for a new chip venture to rival Nvidia before OpenAI's board ousted him

Altman planned to spin up an AI-focused chip company that could challenge Nvidia’s dominance.

19.11.2023 8

Fortune

Edward Ludlow

Elon Musk tells X employees YouTube and LinkedIn will be closer rivals as company expands business lines

X also plans to create a news wire service, called XWire, that would rival Cision’s PR Newswire, said Musk and CEO Linda Yaccarino.

27.10.2023 2

Fortune

Edward Ludlow

Amazon to invest up to $4 billion in ChatGPT rival Anthropic as it plays catch-up in Generative AI

Anthropic will move most of its software to Amazon Web Services data centers, and use the cloud computing company’s homegrown chips to train the...

25.09.2023 20

Fortune

Edward Ludlow

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