Latest news with #WhiteHouse-backed
Business Upturn
3 days ago
- Automotive
- Business Upturn
Musk Builds It. Trump Unleashes It. Wall Street Legend Says Dojo Is the First Real Test of the America First AI Doctrine
WASHINGTON, June 01, 2025 (GLOBE NEWSWIRE) — What if the most powerful AI system in the world wasn't built in a lab… but in a car factory? And what if the U.S. government was already positioning it as a strategic national advantage? According to former hedge fund manager Enrique Abeyta's recent briefing, that's exactly what's happening with Dojo, Elon Musk's custom-built AI training platform — a system now directly aligned with President Trump's push to eliminate barriers for American AI innovation. 'Musk didn't wait for permission. Trump just made it legal to move even faster,' Abeyta says. The Private Project With a Public Mandate Dojo was born when Musk hit a wall with Nvidia's chip supply chain. Instead of waiting, he built his own chip — one now said to be 6x more powerful than Nvidia's most popular processor. Fueled by 160 billion frames of visual data daily from Tesla's fleet, Dojo is training itself to operate in the physical world — with no human in the loop. On June 1st, Musk is expected to deploy it at scale with Tesla's first robotaxi: no wheel, no pedals, no driver. Trump Clears the Runway Last month, President Trump signed an executive order titled 'Removing Barriers to American AI Innovation.' The goal: fast-track domestic AI systems that can compete globally — especially against China. Dojo fits the criteria. One of Musk's key infrastructure partners is now 'expecting to receive billions of dollars' in federal support tied to the initiative. This isn't just a Tesla story anymore — it's a White House-backed acceleration plan for real-world AI control. Enrique's Take: 'This Is What Strategic AI Looks Like' Abeyta believes we're now seeing the merger of visionary tech with presidential willpower — a rare alignment where speed, sovereignty, and national competitiveness all converge. 'Most companies are still talking. Musk is already deploying. And Trump is clearing every legal obstacle in his path,' Abeyta adds. About Enrique Abeyta Enrique Abeyta is a former hedge fund manager who spent 25 years following power shifts across capital markets, policy, and technology. After managing nearly $4 billion in institutional capital, he now runs Breaking Profits, a research platform focused on uncovering large-scale economic inflection points — especially where private enterprise and public policy collide. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press Group Email: [email protected]
Yahoo
4 days ago
- Business
- Yahoo
Musk Builds It. Trump Unleashes It. Wall Street Legend Says Dojo Is the First Real Test of the America First AI Doctrine
WASHINGTON, June 01, 2025 (GLOBE NEWSWIRE) -- What if the most powerful AI system in the world wasn't built in a lab… but in a car factory? And what if the U.S. government was already positioning it as a strategic national advantage? According to former hedge fund manager Enrique Abeyta's recent briefing, that's exactly what's happening with Dojo, Elon Musk's custom-built AI training platform — a system now directly aligned with President Trump's push to eliminate barriers for American AI innovation. 'Musk didn't wait for permission. Trump just made it legal to move even faster,' Abeyta says. The Private Project With a Public Mandate Dojo was born when Musk hit a wall with Nvidia's chip supply chain. Instead of waiting, he built his own chip — one now said to be 6x more powerful than Nvidia's most popular processor. Fueled by 160 billion frames of visual data daily from Tesla's fleet, Dojo is training itself to operate in the physical world — with no human in the loop. On June 1st, Musk is expected to deploy it at scale with Tesla's first robotaxi: no wheel, no pedals, no driver. Trump Clears the Runway Last month, President Trump signed an executive order titled 'Removing Barriers to American AI Innovation.' The goal: fast-track domestic AI systems that can compete globally — especially against China. Dojo fits the criteria. One of Musk's key infrastructure partners is now 'expecting to receive billions of dollars' in federal support tied to the initiative. This isn't just a Tesla story anymore — it's a White House-backed acceleration plan for real-world AI control. Enrique's Take: 'This Is What Strategic AI Looks Like' Abeyta believes we're now seeing the merger of visionary tech with presidential willpower — a rare alignment where speed, sovereignty, and national competitiveness all converge. 'Most companies are still talking. Musk is already deploying. And Trump is clearing every legal obstacle in his path,' Abeyta adds. About Enrique Abeyta Enrique Abeyta is a former hedge fund manager who spent 25 years following power shifts across capital markets, policy, and technology. After managing nearly $4 billion in institutional capital, he now runs Breaking Profits, a research platform focused on uncovering large-scale economic inflection points — especially where private enterprise and public policy collide. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@ in to access your portfolio
Yahoo
11-03-2025
- Automotive
- Yahoo
Trump promises to label Musk protesters domestic terrorists while cutting Tesla ad at White House
President Donald Trump beamed from in front of and inside a Tesla Model S on Tuesday, telling reporters gathered on the White House driveway that the electric vehicle was "beautiful." The bit of promo for DOGE head Elon Musk's car brand made good on a promise that Trump made earlier in the week. The president swore in a Monday post to Truth Social that he would buy the car as a "show of confidence and support" for Musk. "Elon Musk is 'putting it on the line' in order to help our Nation, and he is doing a FANTASTIC JOB!" Trump wrote. "But the Radical Left Lunatics, as they often do, are trying to illegally and collusively boycott Tesla, one of the World's great automakers, and Elon's 'baby,' in order to attack and do harm to Elon, and everything he stands for." Tesla stocks have flagged in the first few weeks of the Trump administration, with the automaker taking a hit due to faltering sales and Musk's ongoing association with Trump and European far-right parties. The White House-backed advertisement from Trump seems to be a bit of backscratching for Trump's campaign trail benefactor. "It's a great product, as good as it gets," Trump said. "[Musk] has devoted his energy and his life to doing this, and he's been treated very unfairly by a very small group of people." The backlash to Musk's smash-and-grab of the federal government has moved beyond Wall Street tickers into the real world. Across the nation, protesters have gathered outside Tesla showrooms and charging stations to rail against the CEO's actions. The "Tesla Takedown" actions have occasionally turned destructive. Trump promised on Tuesday to label any violence against Tesla dealerships as domestic terrorism, per a report from Reuters.
Yahoo
16-02-2025
- Automotive
- Yahoo
Scattered anti-Musk protests target Tesla dealerships
Linda Koistinen and her husband Dale stood outside a Tesla dealership in Berkeley, California, on Saturday, protesting. They were not there to take aim at the company's electric vehicles, but the person behind Tesla - Elon Musk - and join with others who are upset at the world's richest man's work to disrupt and take apart large portions of the US government. "It's a place where we can make a visible stand against him personally," Ms Koistinen told the BBC. "He should not be deciding the fate of our democracy by disassembling our government piece by piece. It's not right." As part of an effort organizers dubbed #TeslaTakeover, clutches of protesters across the country gathered outside the company's showrooms, having largely planned when to meet and where on the social media platform Bluesky, an upstart competitor to Musk-owned X, formerly Twitter. In some places, those protests barely numbered a dozen, with people in Washington DC, Minneapolis, Pittsburgh and Lyndhurst, Ohio, stamping their feet to stay warm amid snow and cold weather. Some held signs that read "Say no to Doge" and "Deport Musk". The protest in Berkeley - a top California city for electric car ownership - numbered 200. As part of his White House-backed effort called Doge, for Department of Government Efficiency, Musk has been sending teams into government agencies to comb through data and pushing for massive spending cuts as well as "clawbacks" of money already spent. President Donald Trump, who received an historic amount of campaign donations from Musk, is on the same page, freezing hiring as well as laying off thousands of federal employees. Musk says he has uncovered wasteful spending and his work is aimed at making the government operate more smoothly. But to many, he is stopping the government from functioning while making decisions that should be left to elected leaders and accessing private information. "It's just really grinding on the mind," said Dale Koistinen. "I'm 84 years old. This is unbelievable. This is a takeover of our government." Along with X, Musk also is the primary owner SpaceX, Neuralink and the Boring Company. But it is Tesla he is most known for and Tesla is where people unhappy with his Doge work are taking out their anger. For days, concerned Americans have been asking fellow citizens to dump their Tesla stock and sell their Tesla vehicles. Singer-songwriter Sheryl Crow posted a video to Instagram that showed her Tesla being towed away. "There comes a time when you have to decide who you are willing to align with," she wrote in the caption. "So long Tesla." Crow added that she was donating proceeds from the car's sale to National Public Radio in the U.S., a frequent target of Musk's ire. Tesla stock surged following Donald Trump's election in November. Musk contributed a quarter of a billion dollars to Trump's re-election effort, and hit the trail on Trump's behalf in the final days of the campaign. But after touching an all-time high in December, the company's shares have shed 30% of their value with a pronounced selloff since Trump was inaugurated last month. Saturday's protests were promoted by prominent disinformation researcher Joan Donovan and the actor Alex Winter, who played Bill in the 80s movie "Bill & Ted's Excellent Adventure." Teah Jackson, though, noticed the Berkeley protest during an outing with her girlfriend, and stopped to show her support. "It's hopeful," Jackson told the BBC. "It's an acknowledgement that people aren't going to go down without a fight and that they're going to continue to push for what they believe in."
Yahoo
16-02-2025
- Automotive
- Yahoo
Americans protest Elon Musk: 'He should not be disassembling our democracy'
Linda Koistinen and her husband Dale stood outside a Tesla dealership in Berkeley, California, on Saturday, protesting. They were not there to take aim at the company's electric vehicles, but the person behind Tesla - Elon Musk - and join with others who are upset at the world's richest man's work to disrupt and take apart large portions of the US government. "It's a place where we can make a visible stand against him personally," Ms Koistinen told the BBC. "He should not be deciding the fate of our democracy by disassembling our government piece by piece. It's not right." As part of an effort organizers dubbed #TeslaTakeover, clutches of protesters across the country gathered outside the company's showrooms, having largely planned when to meet and where on the social media platform BlueSky, an upstart competitor to Musk-owned X, formerly Twitter. In some places, those protests barely numbered a dozen, with people in Washington DC, Minneapolis, Pittsburgh and Lyndhurst, Ohio, stamping their feet to stay warm amid snow and cold weather. Some held signs that read "Say no to Doge" and "Deport Musk". The protest in Berkeley - a top California city for electric car ownership - numbered 200. As part of his White House-backed effort called Doge, for Department of Government Efficiency, Musk has been sending teams into government agencies to comb through data and pushing for massive spending cuts as well as "clawbacks" of money already spent. President Donald Trump, who received an historic amount of campaign donations from Musk, is on the same page, freezing hiring as well as laying off thousands of federal employees. Musk says he has uncovered wasteful spending and his work is aimed at making the government operate more smoothly. But to many, he is stopping the government from functioning while making decisions that should be left to elected leaders and accessing private information. "It's just really grinding on the mind," said Dale Koistinen. "I'm 84 years old. This is unbelievable. This is a takeover of our government." Along with X, Musk also is the primary owner SpaceX, Neuralink and the Boring Company. But it is Tesla he is most known for and Tesla is where people unhappy with his Doge work are taking out their anger. For days, concerned Americans have been asking fellow citizens to dump their Tesla stock and sell their Tesla vehicles. Singer-songwriter Sheryl Crow posted a video to Instagram that showed her Tesla being towed away. "There comes a time when you have to decide who you are willing to align with," she wrote in the caption. "So long Tesla." Crow added that she was donating proceeds from the car's sale to National Public Radio in the U.S., a frequent target of Musk's ire. Tesla stock surged following Donald Trump's election in November. Musk contributed a quarter of a million dollars to Trump's re-election effort, and hit the trail on Trump's behalf in the final days of the campaign. But after touching an all-time high in December, the company's shares have shed 30% of their value with a pronounced selloff since Trump was inaugurated last month. Saturday's protests got a boost on BlueSky from Alex Winter, who acted in the 80s movie "Bill & Ted's Excellent Adventure," and prominent disinformation researcher Joan Donovan. Teah Jackson, though, noticed the Berkeley protest during an outing with her girlfriend, and stopped to show her support. "It's hopeful," Jackson told the BBC. "It's an acknowledgement that people aren't going to go down without a fight and that they're going to continue to push for what they believe in."
