Tesla has made billions off electric cars its rivals aren't selling, but President Donald Trump's anti-EV policies put that revenue stream at risk.
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.
President Trump’s allies and aides are learning to deal with Tesla CEO Elon Musk, who has had a consistent presence in the early days of the Trump administration. Musk had a front-row seat at
After Trump’s presidential victory in November 2024, Tesla stock surged as Musk’s status as head of the Department of Government Efficiency (DOGE) helped generate positive momentum. But since Trump’s inauguration on January 20, shares have been trending downward, even as the company nears a key earnings report.
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.
Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025.
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.”
Sean Duffy, the new transportation secretary, is facing his first major crisis just hours after his swearing-in. Duffy, who was confirmed by the Senate Tuesday, quickly emerged as a public face of the federal government’s response to the deadly plane crash at Reagan National Airport,
Musk has former employees installed at the government’s HR shop, and several have appeared at its acquisition, tech and real estate agency as well.
Recent reports are claiming that US President Donald Trump has actually offered Tesla CEO Elon Musk the renowned Lincoln bedroom located at the White House for the DOGE office.
Elon Musk has emerged as one of the most influential and controversial powerbrokers in the new Trump administration. He spent at least US$277 million