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README.md
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make sure that Pixel phones remain top contenders in the world of mobile
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photography.
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Elon Reeve Musk (/ˈiːlɒn/ EE-lon; born June 28, 1971) is a businessman and investor. He is the founder,
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OnePlus faces the prospect of going out of store in some states in the Indian market next month. Reports
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datasets:
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- EdinburghNLP/xsum
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- samsum
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make sure that Pixel phones remain top contenders in the world of mobile
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photography.
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Elon Reeve Musk (/ˈiːlɒn/ EE-lon; born June 28, 1971) is a businessman and investor. He is the founder,
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chairman, CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla,
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Inc.; owner, executive chairman, and CTO of X Corp.; founder of the Boring Company and xAI; co-founder
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of Neuralink and OpenAI; and president of the Musk Foundation. He is one of the wealthiest people in
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the world, with an estimated net worth of US$190 billion as of March 2024, according to the Bloomberg
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Billionaires Index, and $195 billion according to Forbes, primarily from his ownership stakes in Tesla
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and SpaceX.[5][6]
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A member of the wealthy South African Musk family, Elon was born in Pretoria and briefly attended the
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University of Pretoria before immigrating to Canada at age 18, acquiring citizenship through his
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Canadian-born mother. Two years later, he matriculated at Queen University at Kingston in Canada.
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Musk later transferred to the University of Pennsylvania, and received bachelor degrees in economics
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and physics. He moved to California in 1995 to attend Stanford University, but dropped out after two
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days and, with his brother Kimbal, co-founded online city guide software company Zip2. The startup
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was acquired by Compaq for $307 million in 1999, and that same year Musk co-founded X.com, a direct
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bank. X.com merged with Confinity in 2000 to form PayPal.
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In October 2002, eBay acquired PayPal for $1.5 billion, and that same year, with $100 million of the
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money he made, Musk founded SpaceX, a spaceflight services company. In 2004, he became an early investor
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in electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.). He became its chairman and product
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architect, assuming the position of CEO in 2008. In 2006, Musk helped create SolarCity, a solar-energy
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company that was acquired by Tesla in 2016 and became Tesla Energy. In 2013, he proposed a hyperloop
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high-speed vactrain transportation system. In 2015, he co-founded OpenAI, a nonprofit artificial
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intelligence research company. The following year, Musk co-founded Neuralink—a neurotechnology company
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developing brain–computer interfaces—and the Boring Company, a tunnel construction company. In 2022,
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he acquired Twitter for $44 billion. He subsequently merged the company into newly created X Corp.
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and rebranded the service as X the following year. In March 2023, he founded xAI, an artificial
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intelligence company.
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Musk has expressed views that have made him a polarizing figure.[7] He has been criticized for making
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unscientific and misleading statements, including COVID-19 misinformation and antisemitic conspiracy
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theories.[7][8][9][10] His ownership of Twitter has been similarly controversial, being marked by the
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laying off of a large number of employees, an increase in hate speech and misinformation and disinformation
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on the website, as well as changes to Twitter Blue verification. In 2018, the U.S. Securities and Exchange
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Commission (SEC) sued him, alleging that he had falsely announced that he had secured funding for a private
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takeover of Tesla. To settle the case, Musk stepped down as the chairman of Tesla and paid a $20 million fine.
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OnePlus faces the prospect of going out of store in some states in the Indian market next month. Reports
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this week suggest OnePlus phones will be taken off around 4,500 stores in different parts of the country
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from May 1, 2024 onwards. It has been pointed out that the retailer organisation taking charge of stores
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in the South and western parts of the country are not pleased with the company for various reasons.
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The South Indian Organized Retailers Association (ORA) has been quoted saying that OnePlus does not garner
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enough margins for its network to sell OnePlus phones and that will definitely come as a big jolt to the
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popular brand.
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Report also mentions that the ORA has sent a formal complaint to OnePlus executives earlier this week,
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stating that until the issues regarding OnePlus warranty and margins are not resolved, retailers will
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decide against selling OnePlus phones at their stores in states like Gujarat, Maharashtra, Andhra Pradesh,
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Telangana, Karnataka, and Tamil Nadu, that caters to a total of 4,500 stores.
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Having said that, the retailers looking to stop selling OnePlus phones are associated with multi-retail
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brands, so it is possible that small-time mobile shops could still offer phones from the brand. OnePlus
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has claimed to be one of the top-sellers via online channels but its focus on the offline market seems
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to have wavered which seems to have caused this displeasure among the retailers in the country.
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We have previously seen that offline retailers play a big role in the growth and demand for phones, and
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OnePlus will need to do everything to make sure this issue is resolved at the earliest, before it starts
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to impact its online sales as well. We’re still a few weeks away from the deadline, which ensures OnePlus
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can still get things sorted and go back to business as usual in these regions.
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datasets:
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- EdinburghNLP/xsum
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- samsum
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