The EV maker's investors have to weigh what the CEO’s bid to gain control of the ChatGPT creator means for his time and their shares.

Tesla shares extended their recent run of declines Tuesday amid what could be another potential distraction for CEO Elon Musk as the world's richest man as renews his long-running feud with OpenAI founder Sam Altman.

Elon Musk’s bid to buy OpenAI for $97 billion has sparked fears among Tesla investors that he’ll dump his shares to fund the deal. Several Tesla insiders, including Elon’s brother, Kimbal Musk, Tesla Chairwoman,

Elon Musk is attempting a $97.4 billion hostile takeover of ChatGPT developer OpenAI in an effort to snatch control from CEO Sam Altman.

Elon Musk submitted a $97.4 billion bid for OpenAI's nonprofit arm. It's likely to be rejected — but it could complicate OpenAI's efforts to convert to a for-profit.

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 5.2% in the afternoon session after Chinese electric vehicle manufacturer, BYD, unveiled "DiPilot," an assisted driving system (like a smart co-pilot or an extra pair of eyes while driving) that will integrate AI features from DeepSeek (Chinese AI Startup).

Tesla’s stock continues to pullback, as the souring of public opinion toward CEO Elon Musk fuels worries of lower sales.

Today’s Forbes Daily covers El Segundo’s defense tech movement, Trump’s funding violation, Eric Adams update, Elon Musk’s bid to buy OpenAI, Super Bowl ratings and more.