Elon Musk

SpaceX’s Starlink has become a big benefactor of Trump’s tariff trade war, leaked memos show

SpaceX’s satellite internet service, Starlink, is directly benefiting from the Trump administration’s tariff trade war, according to leaked State Department memos obtained by the Washington Post.   The memos show the U.S. pushing countries to adopt Starlink. Some show that countries believe that doing so could help lubricate their U.S. trade and tariff negotiations. One memo […]

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Elon Musk took a chainsaw to the US government. Tesla is taking the hit.

Elon Musk has long been credited with turning Tesla into a beacon of innovation, the visionary who pushed the world into an era of electrification. But his slide into politics — specifically his alignment with President Trump and activities within the federal government — has dragged Tesla into uncertainty.  For many would-be Tesla buyers, the

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Tesla sales continue to slump across Europe despite April EV sales swell

Tesla’s new car sales in Spain fell 36% in April to just 571 vehicles year-over-year, Reuters reports. That slump comes as sales of electric cars made by other brands rose in the Iberian country. Tesla sales in Spain mirror those in Europe generally, which plunged in the first four months of the year by 37.2%,

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Tesla’s board reportedly sought a successor while Musk wheeled around Washington

According to a new, brow-raising WSJ report, Tesla’s board quietly began searching for Elon Musk’s potential successor about a month ago, approaching executive search firms as the carmaker faced protests, plummeting sales, and shrinking profits while Musk waded into Washington to slash government spending. Board members reportedly met with Musk to express concerns about his

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Tesla’s board reportedly sought a successor while Musk wheeled around Washington

According to a new, brow-raising WSJ report, Tesla’s board quietly began searching for Elon Musk’s potential successor about a month ago, approaching executive search firms as the carmaker faced protests, plummeting sales, and shrinking profits while Musk waded into Washington to slash government spending. Board members reportedly met with Musk to express concerns about his

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Musk’s xAI Holdings is reportedly raising the second-largest private funding round ever

Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would constitute the the second-largest startup funding round ever, behind only

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Tesla begins ‘FSD Supervised’ ride-hail tests with employees in Austin, Bay Area

Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company’s planned robotaxi launch this summer. “FSD Supervised ride-hailing service is live for an early set of employees in Austin & San Francisco Bay Area,” the company posted Wednesday on X. FSD stands for “Full Self-Driving,”

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Anti-Musk protests are now an official risk to Tesla’s business

Protests against Elon Musk and Tesla have been spreading around the world thanks to the CEO’s involvement in the Trump administration. Now those protests are listed in an official “risk factor” in paperwork Tesla is required to file with federal regulators. The new language, filed with the Securities and Exchange Commission on Wednesday morning, shows

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Elon Musk says he may keep doing DOGE work for ‘the remainder’ of Trump’s term

Tesla CEO Elon Musk says he may keep doing work with the Department of Government Efficiency through the remainder of President Donald Trump’s second term, amid calls for him to step away from politics. Musk said he plans to reduce his role with DOGE to a “day or two” per week starting next month, “or

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