Elon Musk predicts ‘hardship,’ economic turmoil and a stock market crash if Trump wins

Elon Musk predicts ‘hardship,’ economic turmoil and a stock-market crash if Trump wins

Musk’s agenda is like your new family doctor promising a major dose of brutal chemotherapy when you are perfectly healthy and cancer-free.

Business - MarketWatch - October 31

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post

In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...

Did Elon Musk Win the Election for Trump?

Through his wealth and cultural influence, Elon Musk undoubtedly strengthened the Trump campaign. WIRED unpacks whether it really was his efforts that sealed the deal for the president-elect.

Tech - Wired - November 7

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - October 30

Elon Musk claims Jeff Bezos predicted that Trump would lose election

Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.

Donald Trump and Elon Musk golf at Trump International after election win

The president-elect returned to golf at Trump International, the same course where an assassination attempt was made against him in September.

Trump’s Victory Is a Major Win for Elon Musk and Big-Money Politics

The candidate largely let the billionaire run his $175 million ground game — a gamble that future candidates could look to emulate.

Business - The New York Times - November 6

Musk's Tesla hits $1T market cap after Trump win

Tesla’s stock continued its massive rally Friday, bringing the electric vehicle maker’s market capitalization above $1 trillion. The company’s share price was up 7 percent as of midday Friday ...

Politics - The Hill - November 8

Tesla hits $1tn market value after Musk-backed Trump win

Car company’s valuation saw sharp rally on growing bets CEO would reap the benefits of his support for president-elect. Tesla’s market value breached the $1tn mark in a sharp rally on Friday, on ...

World - The Guardian - November 8

The stock market hasn’t priced in a Trump win, Morgan Stanley strategist says

The chief U.S. stock-market strategist at Morgan Stanley says the fact that financial stocks are rallying has more to do with fundamentals than with the approaching election.

Business - MarketWatch - October 28

Trump’s win and the Fed’s rate cut are giving the stock market an open road

S&P 500 races ahead, and opportunities surface in solar power and crypto.

Business - MarketWatch - November 7

Why the stock market failed to see that Trump would win the presidential election

The Dow’s strong gain this year favored the Democrats and Kamala Harris. But Wall Street is increasingly disconnected from Main Street.

Business - MarketWatch - November 8

Trump’s win sparked stocks for this surprising reason — and it’s fueling the market rally

Investors hate uncertainty; the U.S. election result was quick and orderly.

Business - MarketWatch - November 16

Elon Musk Gets a Crash Course in How Trumpworld Works

The world’s richest person, not known for his humility, is still learning the cutthroat courtier politics of Donald Trump’s inner circle — and his ultimate influence remains an open question.

Tech - The New York Times - 2 days ago

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Tesla's 39% surge since Donald Trump's election victory last week has lifted Elon Musk's net worth by about $70 billion.

Business - CNBC - November 11

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.

Could the Bond Market Stymie Trump’s Economic Plans?

Some fiscal hawks worry that Trump’s policies would increase the deficit and fuel inflation.

Business - The New York Times - November 9

14 earnings reports and major economic data will be the stock market movers this week

Look for updates on economic growth, inflation, and jobs. It's also the biggest week of earnings season.

Business - CNBC - October 27

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House

Tech - ABC News - November 6

Entrepreneurs Including Mark Cuban and Elon Musk Congratulated Trump on His Decisive Win, While Others Licked Their Wounds

The results are in and while there may be some sour grapes, most entrepreneurs chose to keep it classy.

Business - Inc. - November 6

'#EndtheFed': Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win

During his first term as president, Donald Trump was not shy about publicly disparaging Federal Reserve Chair Jerome Powell and his policy decisions.

Business - CNBC - November 9

A Recent Timeline of Elon Musk Going All In on Trump

Over the past month, Elon Musk has put himself in position to take the credit for a Donald Trump win—or the blame for a loss.

Tech - Wired - November 4

Elon Musk to watch results with Donald Trump

The tech billionaire has aggressively campaigned for the Republican candidate in swing states across the country.

Trump’s victory will benefit Elon Musk and xAI

Now that Musk helped propel Trump to a victory, expect xAI to join in the list of federally approved AI vendors and possibly even preferred AI vendors.

Tech - VentureBeat - November 6

Elon Musk Joined Trump’s Call With Zelensky

Elon Musk was with Donald Trump at Mar-a-Lago when the president-elect spoke with Ukraine’s leader. It is not clear if they discussed any change in U.S. policy toward Ukraine.

Top stories - The New York Times - November 8

Elon Musk Made Appearance on Trump-Zelensky Call

The billionaire owner of SpaceX was on the call briefly and his involvement wasn’t planned, according to those familiar with the conversation.

World - The Wall Street Journal - November 8

Elon Musk joined Trump's call with Zelensky

Billionaire Elon Musk joined President-elect Trump's call earlier this week with Ukrainian President Volodymyr Zelensky, a sign of how Musk's close relationship with Trump could manifest itself as ...

Politics - The Hill - November 8

Elon Musk weighing in on Trump staffing decisions: Sources

Several people close to Donald Trump have stressed to ABC News the significance and influence billionaire Elon Musk has had in the Trump orbit over the last week.

Elon Musk, Ramaswamy land Trump admin roles

President-elect Trump has tapped tech entrepreneurs Elon Musk and Vivek Ramaswamy to lead an advisory group focused on cutting federal spending and reducing the size of the government. Trump ...

Politics - The Hill - November 13

Behind Trump's plans for Elon Musk, Vivek Ramaswamy

Donald Trump's plans for Elon Musk and Vivek Ramaswamy's roles in his government are emerging after he announced they would head a temporary agency known as the Department of Government Efficiency. ...

Examining Elon Musk's influence on Trump's transition process

President-elect Donald Trump announced this week that Elon Musk will help lead a new agency known as the Department of Government Efficiency. Theodore Schleifer, campaign finance reporter for The ...

Trump to Watch Latest SpaceX Launch With Elon Musk

The president-elect’s appearance in Texas demonstrates the growing closeness between the two billionaires, and Mr. Musk’s increasing influence in Mr. Trump’s orbit.

Top stories - The New York Times - 4 days ago

Tesla hits $1 trillion market cap as stock rallies after Trump win

Shares of Tesla climbed in afternoon trading Friday, pushing the electric vehicle maker's market cap past $1 trillion.

Business - CNBC - November 8

Trump's 2024 win highlights Democrats' economic challenge

The 2024 election saw a shift towards the GOP and MAGA, with Democrats needing to aggressively address economic anxieties in order to win back voters.

Politics - The Hill - November 15

Lichtman blames bad election prediction on disinformation, Elon Musk

Historian and political scientist Allan Lichtman is blaming disinformation and billionaire tech mogul Elon Musk for his incorrect prediction that Vice President Harris would win the presidency. ...

Politics - The Hill - November 12

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