Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025. "With the advancements in vehicle autonomy and the introduction of new products,
In a move straight out of the Twitter and Tesla playbook, Elon Musk is apparently camping out just steps away from the White House.
Tesla is set to report earnings Wednesday for the first time since President Donald Trump—a close ally of CEO Elon Musk—returned to the White House.
The White House broke its days-long silence about SpaceX CEO Elon Musk on Friday, as questions swirled about whether Musk had rankled President Donald Trump when he publicly bashed Stargate, the Trump administration's first major tech initiative.
Elon Musk “very much” overstepped his bounds when he criticized a $500 billion artificial intelligence project touted by President Donald Trump, according to a White House official as aides are reportedly “furious” with the tech mogul while allies lament that he “abused the proximity to the president.”
Tesla’s upcoming fourth quarter earnings report, slated for release on Wednesday after the bell, comes at a time where investors are looking for a new catalyst to jumpstart the stock.
The White House’s Office of Personnel Management sent an email blast Tuesday to federal employees offering them a way to resign with pay through Sept. 30, the most sweeping effort yet by the new Trump administration to shrink the ranks of the federal workforce.
Technology, banking, and oil companies are the biggest beneficiaries of Trump’s policies, in contrast to renewable energy and labor-intensive companies
“Right now, he’s bulletproof,” a Republican operative said of Musk, the 53-year-old billionaire businessman who is leading Trump’s Department of Government Efficiency. Several Republican insiders and conservative activists, who requested anonymity to discuss both Musk and the president, offered similar views.
In November 2022, days after Elon Musk took control of the company then called Twitter, employees received an email with the subject line: “A fork in the road.” Now he’s turned his attention to the US government,
The billionaire and his Silicon Valley associates landed in the capital and immediately moved to cut the size of the federal government, reprising the playbook he used after buying Twitter in 2022.