Electric-car CEOs battling to become the next Elon Musk

  • No electric-vehicle startup has matched, or even approached, Tesla’s success, much of which can be credited to CEO Elon Musk.
  • The CEOs of a new generation of EV companies are hoping they recreate Musk’s career — but his path is a tricky one to follow.
  • They include Rivian’s RJ Scaringe and Lucid Motors’ Peter Rawlinson.
  • Visit Business Insider’s homepage for more stories.

Running Tesla has helped turn Elon Musk into one of the world’s richest people. As of Friday, he was fifth on Forbes’ ranking of the world’s billionaires, ahead of Warren Buffett and just behind Mark Zuckerberg.

A handful of startup founders have attempted to match Musk’s success at Tesla over the years, but most have failed to overcome the brutal economics of the car business. Now, a new wave of CEOs is hoping they can learn from their predecessors’ mistakes and capitalize on projected growth in EV demand

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Facebook, Google, Twitter CEOs to testify at Oct. 28 Senate hearing

Marcy Gordon, Associated Press
Published 8:01 p.m. ET Oct. 5, 2020 | Updated 8:03 p.m. ET Oct. 5, 2020

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Four Big Tech CEOs – Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple – are testifying on their companies’ practices on the issue of market dominance in the industry. (July 29)

AP Domestic

The CEOs of technology giants Facebook, Google and Twitter are expected to testify for an Oct. 28 Senate hearing on tech companies’ control over hate speech and misinformation on their platforms.

The Senate Commerce Committee voted last week to authorize subpoenas for Facebook CEO Mark Zuckerberg, Sundar Pichai of Google and Twitter’s Jack Dorsey to force them to testify if they didn’t agree to do so voluntarily. Spokespeople for the companies said Monday that the CEOs will cooperate.

The hearing “must be constructive and focused on what matters most to

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CEOs of 3 tech giants to testify at Oct. 28 Senate hearing

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This combination of 2018-2020 photos shows, from left, Twitter CEO Jack Dorsey, Google CEO Sundar Pichai, and Facebook CEO Mark Zuckerberg. They are expected to testify in an Oct. 28, 2020 Senate hearing on tech companies’ control over hate speech and misinformation on their platforms.

AP

The CEOs of technology giants Facebook, Google and Twitter are expected to testify for an Oct. 28 Senate hearing on tech companies’ control over hate speech and misinformation on their platforms.

The Senate Commerce Committee voted last week to authorize subpoenas for Facebook CEO Mark Zuckerberg, Sundar Pichai of Google and Twitter’s Jack Dorsey to force them to testify if they didn’t agree to do so voluntarily. Spokespeople for the companies said Monday that the CEOs will cooperate.

The hearing “must be constructive and focused on what matters most to the American people: how we work

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CEOs of 3 Tech Giants to Testify at Oct. 28 Senate Hearing | Washington, D.C. News

By MARCY GORDON, AP Business Writer

WASHINGTON (AP) — The CEOs of technology giants Facebook, Google and Twitter are expected to testify for an Oct. 28 Senate hearing on tech companies’ control over hate speech and misinformation on their platforms.

The Senate Commerce Committee voted last week to authorize subpoenas for Facebook CEO Mark Zuckerberg, Sundar Pichai of Google and Twitter’s Jack Dorsey to force them to testify if they didn’t agree to do so voluntarily. Spokespeople for the companies said Monday that the CEOs will cooperate.

The hearing “must be constructive and focused on what matters most to the American people: how we work together to protect elections,” Twitter said in a tweet in its policy channel.

The hearing will come less than a week before Election Day. It marks a new bipartisan initiative against Big Tech companies, which have been under increasing scrutiny in Washington and from state

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CEOs of 3 social media giants to testify at Senate hearing

The hearing “must be constructive and focused on what matters most to the American people: how we work together to protect elections,” Twitter said in a tweet in its policy channel.

The hearing will come less than a week before Election Day. It marks a new bipartisan initiative against Big Tech companies, which have been under increasing scrutiny in Washington and from state attorneys general over issues of competition, consumer privacy and hate speech.

The executives’ testimony is needed “to reveal the extent of influence that their companies have over American speech during a critical time in our democratic process,” said Sen. Roger Wicker, a Mississippi Republican who heads the Commerce Committee.

Facebook, meanwhile, is expanding restrictions on political advertising, including new bans on messages claiming widespread voter fraud. The new prohibitions laid out in a blog post came days after President Donald Trump raised the prospect of mass fraud

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Twitter, Facebook, and Google CEOs to testify on Oct. 28 to Congress

 Sen. Roger Wicker (R-MS), Chairman of the Senate Committee on Commerce, Science, and Transportation, arrives for a hearing on May 6 in Washington, D.C.

Sen. Roger Wicker (R-MS), Chairman of the Senate Committee on Commerce, Science, and Transportation, arrives for a hearing on May 6 in Washington, D.C.

Less than a week before the 2020 presidential election, three of the biggest names in tech—Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai, and Twitter CEO Jack Dorsey—will testify before the Senate Committee on Commerce, Science, and Transportation about a longstanding law that protects websites from liability for user-generated content.

The committee unanimously voted to subpoena the men on Thursday. They’re scheduled to testify on Oct. 28, according to committee aides who spoke with Politico on Friday on the condition of anonymity. While the subpoenas are ready to go out, they will not be formally issued because the CEOs have voluntarily agreed to appear before the committee, one aide told the outlet.

Their testimony will address Section 230 of the Communications Decency Act, a

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Facebook, Twitter, Google CEOs will testify before U.S. Senate committee

By David Shepardson and Nandita Bose

WASHINGTON (Reuters) – The chief executives of Facebook <FB.O, Twitter <TWTR.N> and Alphabet-owned Google <GOOGL.O> have agreed to voluntarily testify at a hearing before the Senate Commerce Committee on Oct. 28 about a key law protecting internet companies.

Facebook and Twitter confirmed on Friday that their CEOs, Mark Zuckerberg and Jack Dorsey, respectively, will appear, while a source said that Google’s Sundar Pichai will appear. That came a day after the committee unanimously voted to approve a plan to subpoena the three CEOs to appear before the panel.

Twitter’s Dorsey tweeted on Friday that the hearing “must be constructive & focused on what matters most to the American people: how we work together to protect elections.”

The CEOs are to appear virtually.

In addition to discussions on reforming the law called Section 230 of the Communications Decency Act, which protects internet companies from liability

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Twitter, Facebook to Send CEOs to Senate Hearing on Section 230

Twitter Inc. and Facebook Inc. will send their chief executive officers to a U.S. Senate hearing later this month devoted to a law that shields internet companies from liabilities. (Photo by Justin Sullivan/Getty Images)

Twitter Inc. and Facebook Inc. will send their chief executive officers to a U.S. Senate hearing later this month devoted to a law that shields internet companies from liabilities. (Photo by Justin Sullivan/Getty Images)

Justin Sullivan/Getty Images

(Bloomberg) — Twitter Inc. and Facebook Inc. will send their chief executive officers to a U.S. Senate hearing later this month devoted to a law that shields internet companies from liabilities.

A Senate panel voted to subpoena the heads of Twitter, Facebook and Alphabet Inc.’s Google for an Oct. 28 session focusing on Section 230 of the Communications Decency Act, a provision that protects the companies from lawsuits over user-generated content. Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg have agreed to attend voluntarily, their companies said.

The hearing “must be constructive & focused on what

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Facebook, Google, Twitter CEOs agree to testify before Nov. 3 election

Lawmakers have sought to convene the hearing to explore social-media sites’ content-management practices and the future of a federal law, known as Section 230, that spares tech giants from being held liable for the way they police their sites and services.

GOP lawmakers have ramped up their attacks in recent months as tech companies take a more aggressive stand against controversial tweets and posts from President Trump, including his widely debunked comments that seek to cast doubt over the 2020 election. Democrats, meanwhile, widely reject the claims of bias — instead, they fault Facebook, Google and Twitter for failing to crack down against harmful or abusive posts, photos and videos, including viral election disinformation.

A spokesman for Sen. Roger Wicker (Miss.), the Republican chairman of the Commerce Committee, did not respond to a request for comment. The hearing is set to occur virtually, with the tech executives testifying from the

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Tech CEOs will testify before Senate Commerce Committee

By David Shepardson and Nandita Rose | Reuters

WASHINGTON – The chief executives of Facebook <FB.O, Twitter and Alphabet-owned Google have agreed to voluntarily testify at a hearing before the Senate Commerce Committee on Oct. 28 about a key law protecting internet companies.

Facebook and Twitter confirmed on Friday that their CEOs, Mark Zuckerberg and Jack Dorsey, respectively, will appear, while a source said that Google’s Sundar Pichai will appear. That came a day after the committee unanimously voted to approve a plan to subpoena the three CEOs to appear before the panel.

Twitter’s Dorsey tweeted on Friday that the hearing “must be constructive & focused on what matters most to the American people: how we work together to protect elections.”

The CEOs are to appear virtually.

In addition to discussions on reforming the law called Section 230 of the Communications Decency Act, which protects internet companies from liability over

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