Tesla's $2.9 Billion Battery Deal Just Collapsed to $7,386

Tesla's $2.9 Billion Battery Deal Just Collapsed to $7,386

South Korean supplier L&F announced that its $2.9 billion contract to supply battery materials to Tesla has been written down to just $7,386, a reduction of more than 99 percent. The materials were intended for Tesla's 4680 battery cells, which power the Cybertruck. With the Cybertruck selling at a fraction of its production capacity and the $25,000 Tesla cancelled, the 4680 program that Musk promised would halve battery costs has collapsed.

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Elon Musk fights California over First Amendment

Elon Musk fights California over First Amendment

Companies Complying with or Directly Impacted by Transparency Laws Major generative AI developers are broadly subject to AB 2013, which requires them to publicly disclose high-level summaries of the d...

9 Mars 22min

Elon's Market Manipulation and the Twitter Takeover

Elon's Market Manipulation and the Twitter Takeover

In 2026, Elon Musk testified in a San Francisco federal court to defend himself against a class-action lawsuit brought by former Twitter shareholders. The plaintiffs allege that Musk used deceptive so...

7 Mars 19min

OpenAI signs the military deal Anthropic refused

OpenAI signs the military deal Anthropic refused

After Anthropic was blacklisted for refusing a military contract that lacked surveillance and lethality safeguards, OpenAI quickly stepped in to secure a deal with the Pentagon. CEO Sam Altman eventua...

6 Mars 10min

Military AI partnership triggers record ChatGPT uninstalls

Military AI partnership triggers record ChatGPT uninstalls

A massive shift in the AI market triggered by OpenAI’s controversial decision to partner with the U.S. Department of Defense. This move led to a 295% surge in ChatGPT uninstalls, as users grew concern...

5 Mars 12min

AI UPDATE: How a Drone Strike Crashed Claude

AI UPDATE: How a Drone Strike Crashed Claude

Sign up for Babel to earn $15! >> ⁠https://dashboard.babel.audio/sign-up?referrer=vVDO6yebQQK4LiZ8SQV2Nw.7Q3oJEnZ&referrerName=William⁠In early 2026, Anthropic reached a historic $380 billion valuatio...

4 Mars 7min

SpaceX and Xai buy back $3 Billion

SpaceX and Xai buy back $3 Billion

Sign up for Babel to earn $15! >> https://dashboard.babel.audio/sign-up?referrer=vVDO6yebQQK4LiZ8SQV2Nw.7Q3oJEnZ&referrerName=WilliamIn a major strategic restructuring, Elon Musk is consolidating his ...

3 Mars 12min

Anthropic rejects latest Pentagon offer: ‘We cannot in good conscience accede to their request’

Anthropic rejects latest Pentagon offer: ‘We cannot in good conscience accede to their request’

OpenAI CEO Sam Altman recently announced a formal partnership to integrate the company’s artificial intelligence into the Department of Defense's classified systems. This strategic move occurs as the ...

2 Mars 12min

Elon Musk’s Secret Texas Company Town

Elon Musk’s Secret Texas Company Town

the expansive growth of Elon Musk’s business empire in Texas, specifically focusing on the development of SpaceX’s Starbase and the Boring Company's presence in Bastrop. The reports detail the officia...

1 Mars 18min

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