On The Daily (OTD) - 20th May 2025

Top Stories Today: Elon Musk & Tesla; Google.

Table of Contents

Top Stories Today

Elon Musk & Tesla

Elon Musk confirmed he plans to remain at the helm of Tesla for at least five more years, emphasizing the importance of retaining voting power to steer the company’s future direction. His remarks come amid concerns from shareholders questioning his focus, as he juggles multiple ventures and a political advisory role under President Trump. Despite recent financial setbacks, including a sharp drop in quarterly earnings, Musk reiterated his commitment to Tesla and said his government work would soon scale back. He also suggested that Starlink, his satellite internet business under SpaceX, could eventually become an independent publicly traded firm.

Google

Google has introduced a premium AI subscription called “Google AI Ultra,” priced at $249.99 per month, offering access to its most advanced artificial intelligence tools and features. Announced at its annual developer event, the plan includes early access to experimental products, enhanced usage limits, and a YouTube premium membership. Aimed at users seeking top-tier AI capabilities, the offering features tools like Gemini 2.5 Pro, video creation software, and multitasking assistants. This move reflects Google's strategy to broaden revenue beyond advertising and compete with similar high-end offerings from rivals like OpenAI.

Thanks for reading, subscribe to The Standard Lens for more.