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Showing posts with label Elon Musk. Show all posts
Showing posts with label Elon Musk. Show all posts

Wednesday, July 30, 2025

Elon Musk is returning to business leadership

Elon Musk is returning to business leadership after a stint as a government official in the US. But the "return" could be on many levels: taking direct control of manufacturing operations, pushing new AI projects, expanding robotaxi, or even returning to politics with his own party. 

Elon Musk is returning to business leadership

Return to business leadership

Elon Musk officially stepped down from his role at the Department of Government Efficiency (DOGE) - the US government agency he led during the Trump presidency, from around the end of May 2025. 

He announced that he would return to work full-time for his companies such as Tesla, SpaceX, xAI, X, sleeping in conference rooms/factories/servers to directly control operations. 

International media emphasized that Musk has returned to the role of “omnipotent founder” – directly controlling every detail such as supervising the Samsung chip factory in Texas to produce AI chips for Tesla under a $16.5 billion contract.

Immediate effects on the market

After Musk withdrew from DOGE, Neuralink completed a $650 million funding round, Tesla recorded a 213% increase in sales in Norway compared to the same period last year.

However, Tesla is still facing its second consecutive quarter of revenue decline, reporting Q2 2025: car revenue decreased by 16%, EPS reached $0.40, the market reacted negatively with the stock price falling by about 8‑10%.

Investors and traders are skeptical: many believe that Musk's efforts to “return to Tesla” may be too late, and the company's trust losses during his political activities are difficult to quickly overcome.

 The next big project under his leadership

Musk has just announced plans to revive the Vine platform in the form of AI integration, although the details are unclear but it promises to be a short-form video platform with advanced AI content creation support.

At the same time, he continues to promote the expansion of Tesla's robotaxi service in many states such as Florida, Nevada, Arizona, California; by the end of 2025, the service is expected to reach more than 50% of the US population, and Tesla personal car owners can join the taxi network from 2026.

SpaceX is also preparing to launch a live session to update the progress of Starship before the next launch in August 2025.

Will Elon Musk return to politics?

A report from SpaceX and Bloomberg warns that Elon Musk is very likely to continue to be involved in US politics, even potentially re-emerging in politics in future roles (reuters.com).

 Musk announced a new political party called America Party on July 5, 2025, focusing on fiscal conservatism, a major push into politics.

He also announced his support for the Spanish far-right party “Vox”, which has caused great controversy in Europe.

Friday, July 25, 2025

Why Jeff Bezos got rich so quickly

Why Jeff Bezos got rich so quickly?

Amazon went public in 1997 – Jeff Bezos held a large stake.
Photo image Jeff Bezos


The stock price grew exponentially – from a few dollars per share to over $3,000 at its peak.

Bezos kept his stake instead of selling it off, helping his net worth grow along with Amazon’s growth. The product that helped Jeff Bezos become one of the richest people on the planet was Amazon.com

A brief summary of Amazon.com

Amazon, founded by Jeff Bezos in 1994, was originally an online bookstore, then expanded into all areas of e-commerce, cloud computing, technology devices, and many other services. Amazon’s outstanding success is the main foundation for Jeff Bezos’s huge fortune.

 Key "products" and services that make up the Amazon empire:

Amazon.com (Online retail platform)

Started with books, then expanded to sell everything: electronics, home appliances, clothing, food, etc.

Developed the Marketplace model - allowing third parties to sell on Amazon, earning huge commissions.

Amazon Prime

Annual/monthly subscription service: fast delivery, watching movies (Prime Video), listening to music, reading books...

Created a stable source of revenue and retained customers.

Amazon Web Services (AWS)

The world's leading cloud computing service.

Provided infrastructure for millions of businesses, websites, applications (Netflix, Facebook, Zoom...).

This is the most profitable segment in Amazon.

Kindle and the e-book ecosystem

Changing traditional reading habits.

 Alexa and smart home devices (Echo, Ring, Fire TV)

Leading the smart home market.

Automated logistics and warehousing

Building a giant network of transportation, warehouses, and robots to optimize costs and delivery speeds.

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