Elon Musk is diving headfirst back into politics, and Tesla investors are not happy about it. The electric carmaker’s stock fell more than 7% on Monday as investors digested Musk’s renewed feud with President Donald Trump and his announcement that he would set up a new political party. After polling users on his social media
00:00 Josh Lipton Hello and welcome to Ask Your For a Trend. I’m Josh Lipton and for the next half hour, we are breaking down the trends of today that will move stocks tomorrow. There’s a lot to keep track of, so we’re focusing on what you need to know to get ahead of the
The feud between Elon Musk and Donald Trump seems to have gone from a full boil to a simmer over the weekend, but don’t rule out the possibility of the heat getting turned up again. In a conversation with NBC News, Trump said he has no interest in making nice with Musk right now, but
Other news we’re following: Merz says he found Trump open to dialogue and committed to NATO: German Chancellor Friedrich Merz said Friday, a day after meeting with Trump at the White House, that he encountered a US administration open to discussion and returned confident that Washington remains committed to NATO. Judge puts temporary hold on Trump’s latest
‘See you in the woodchipper,’ ex-USAID staffers tell Musk — 2:00 p.m. By the Associated Press A social media account run by recently terminated staffers of the US aid agency that Elon Musk helped destroy had parting words for Musk Friday after his public falling-out with President Donald Trump. “We’ll see you in the woodchipper,”
Illustration: Uli Knörzer for Bloomberg Three years into Russia’s invasion, Sergii Marchenko is courting donors and reassuring investors to ensure his country can continue fighting. June 6, 2025 at 4:00 AM EDT What does it take to run the finances of a country at war? That question is at the heart of this week’s conversation
WASHINGTON (AP) — President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package. The response so far from financial markets has been skeptical as Trump seems unable to trim deficits as promised. “All
Tesla is reeling from a huge slump in sales amid a political backlash against founder Elon Musk – Frederic J Brown/Getty Images Tesla’s finance chief was paid a record $139m (£104m) last year despite collapsing sales at the electric carmaker. Vaibhav Taneja, who has worked at Tesla since 2017 and took over as chief financial
Tesla (NASDAQ:TSLA) just rewrote the rules of the gameagain. In a recent SEC filing, the company announced it will now block shareholders who own less than 3% of its stock from filing derivative lawsuits against its executives or board. That threshold? About 97 million shares, or roughly $34 billion at Friday’s close. This follows Tesla’s
Those working to end the HIV epidemic say this cut in funding will have a ‘devastating impact.’ Protesters against planned National Institutes of Health funding cuts The Trump administration’s push to slash funding at the National Institutes of Health has been temporarily blocked by a federal judge. About $42 million of the terminated grants were