A wax head of Elon Musk on a robot dog as part of an art installation called "Regular Animals" by digital artist Mike Winkelmann, also known as Beeple, during Art Basel 2025 in Miami (Chandan Khanna/Getty Images)

Musk You?

Elon Musk says European Union‚ where Tesla’s sales are low, “should be abolished”

Sales are down 25% from last year on the continent and make up just 15% of total sales.

Rani Molla

12/8/25 8:06AM

Tesla CEO Elon Musk is stirring controversy once again in Europe after the European Union fined his social media platform, X, $140 million for a number of issues, including a “deceptive” blue check mark design and not providing data access to researchers.

Over the weekend, Musk posted, “The EU should be abolished and sovereignty returned to individual countries, so that governments can better represent their people.”

It should be noted that Musk doesn’t have as much to lose in Europe as he once did. After his previous machinations on the continent, Tesla’s 2025 sales are expected to decline 25% from last year in Europe, where they are slated to make up just 15% of the company’s total sales, according to the latest estimates from analyst Troy Teslike.

Musk has called Europe Tesla’s “weakest market,” blaming the relatively low sales on European governments’ lack of regulatory approval for its Full Self-Driving tech.

Sales in Europe pale in comparison to the unit delivery numbers Tesla hits in China and the US. And faster-growing sales in the rest of the world are helping to displace declines in Europe.

For what it’s worth, Musk no longer considers Tesla to be a car company. Rather, its future is in AI and robotics, so insulting a relatively small auto market isn’t quite the faux pas it might once have been.

Jon Keegan11h

OpenAI employees are cashing out their shares, dozens making $30 million each

OpenAI’s planned IPO later this year is expected to be one of the largest of all time. Employees who got equity early on are sure to reap a windfall when the company shares hit the public markets.

Often these pre-IPO shares can’t be cashed in until the company goes public, and many startups have longer lockup periods before employees can sell their shares.

But The Wall Street Journal reports that OpenAI has a relatively short two-year vesting period, and the company allowed employees to sell shares before the IPO via a tender offer, as long as they’ve reached the two-year mark.

According to the report, in October, more than 600 current and former OpenAI employees sold shares through this process, minting a cluster of new multimillionaires. The Journal said about 75 of those walked away with $30 million (the maximum sale amount for this offer).

How a Job at OpenAI Became the Greatest Lottery Ticket of the AI Boom

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Apple’s pie

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How much Apple’s biggest contribution to the AI boom matters for its sales

Hint: it’s not Siri and it’s not much.

Rani Molla5/8/26

Intel pops on reported Apple chip deal

Intel soared more than 14% on a Wall Street Journal report saying the company has reached a preliminary agreement with Apple to manufacture chips for the iPhone maker. Intel, already on a tear as of late, jumped earlier this week when Bloomberg first reported the two companies were in talks. It’s still unclear which chips Intel would manufacture for Apple, which has been facing supply constraints for its iPhone as well other products.

In any case, the deal could help Apple ease supply constraints that have hit some of its products and reduce its reliance on longtime partner TSMC, as it aims to bring more chip manufacturing stateside.