Tesla shares have plunged while Musk takes on Washington. Is that the reason

Tesla shares have plunged while Musk takes on Washington. Is that the reason?

Shares of Elon Musk's Tesla electric car company have fallen sharply, leading some investors to wonder if the drop is related to his cost-cutting work in Washington.

ABC News - Feb. 13

Musk brings tech playbook to Washington

Welcome to The Hill's Technology newsletter {beacon} View Online Technology Technology The Big Story How Musk is using his tech playbook for DOGE campaign Elon Musk and his allies are using ...

The Hill - Feb. 7

FIS shares plunge most since 2023 on disappointing revenue, guidance miss

Shares of Fidelity National Information Services had their worst day on the market since 2023 after the company's disappointing guidance.

CNBC - Feb. 12

Democrats call out Trump actions on Tesla, Musk

High-level policy discussions that could benefit Tesla and its biggest shareholder Elon Musk are underscoring the political complexities of the world’s richest man playing a central role in the ...

The Hill - 6d

Elon Musk’s Toxicity Could Spell Disaster for Tesla

Staggering sales drops, swastika-daubed EVs, companies culling fleet models, and fan-forum owners selling their cars—Elon Musk's alt-right antics are seriously impacting his electric car business.

Wired - 6d

Democrats plan Musk protests outside Tesla dealerships

Democratic activists are planning a protest campaign this week against tech billionaire and Department of Government Efficiency (DOGE) head Elon Musk outside offices of lawmakers and Tesla ...

The Hill - 3d

Elon Musk Is Focused on DOGE. What About Tesla?

Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.

The New York Times - 4h

Reddit shares plunge after Google algorithm change contributes to miss in user numbers

Reddit reported better-than-expected results, but the company issued disappointing user numbers.

CNBC - Feb. 12

Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report

The Trump administration is engaged in a wide-ranging effort to slash government spending and reduce the number of federal workers.

CNBC - 7h

The Musketeers Take Washington + Spotify’s Ghost Music + Tool Time

“The way to control government is to control the computers”

The New York Times - Feb. 7

Dozens of recruits have died nationwide while training to become police officers

At least 29 recruits have died during basic training at law enforcement academies nationwide in the last decade

ABC News - 2d

As Elon Musk Attacks DEI, Tesla Quietly Addresses Racism Complaints

The company’s board pledged to investors that it would pay closer attention to how the company managed workers.

The New York Times - Feb. 6

Tesla’s stock falls again, and this analyst explains how Elon Musk is a problem

Tesla’s stock continues to pullback, as the souring of public opinion toward CEO Elon Musk fuels worries of lower sales.

MarketWatch - Feb. 10

How Elon Musk's crusade against government could benefit Tesla

Elon Musk has long railed against the U.S. government, saying numerous investigations and safety programs have stymied Tesla, his electric car company, and its efforts to create fleets of robotaxis ...

ABC News - Feb. 11

Trump froze a bribery law that previously hit suppliers for Elon Musk's Tesla

President Trump has told Attorney General Pam Bondi to look at past cases by the DOJ involving the Foreign Corrupt Practices Act.

CNBC - Feb. 12

Protesters target Tesla showrooms over Elon Musk’s cost-cutting

The billionaire has become a focus of outrage at the Trump administration’s attacks on government agencies

Financial Times - 4d

The Slash-and-Burn Tactics Musk Brings to Washington Often Backfired at Twitter

Can Elon Musk’s track record at X help predict the results of his current exploits within the U.S. federal government?

Inc. - Feb. 7

As Trump and Musk Upend Washington, Congressional Phones Can’t Keep Up

In the three weeks since President Trump took office and gave Elon Musk free rein inside the federal government, millions of calls have poured in to members of Congress, jamming the system.

The New York Times - Feb. 7

Unemployment spikes in Washington, D.C., as Trump and Musk begin efforts to shrink the government

Since Trump has taken office, nearly 4,000 workers have filed for unemployment insurance as part of a surge that began at the start of the new year

CNBC - 4d

Unemployment spikes in Washington, D.C., as Trump and Musk begin efforts to shrink the government

President Donald Trump’s moves to fire thousands of federal government workers have coincided with a surge in jobless claims in Washington, D.C., that could get worse as the efforts intensify.

NBC News - 4d

Washington Post backs out of 'Fire Elon Musk' ad order

The Washington Post this week backed out of a “Fire Elon Musk” advertising order that was to run as a wrap on some of its Tuesday editions, according to the advocacy group Common Cause. The group ...

The Hill - 3d

Washington Post Cancels Ad From Groups Calling for Trump to Fire Musk

The newspaper told Common Cause, an advocacy group, that it was pulling its special ad, which would have covered the front and back pages of some Tuesday editions.

The New York Times - 2d

Warren Buffett bought shares in booze, pizza and pool companies in Q4, while ditching Ulta Beauty

Berkshire Hathaway revealed that it had snapped up more than 5.6 million shares of Constellation Brands, known for beers like Corona and Modelo.

MarketWatch - 5d

Democrats Take Aim at Elon Musk

It’s the first sign of unified opposition for a rudderless and leaderless Democratic Party.

The New York Times - Feb. 8

Elon Musk keeps bringing his kids to work – and the reasons aren’t cute at all | Arwa Mahdawi

Is this fun fathering or a cynical and exploitative PR strategy from the tech billionaire? I suspect the latter .... Welcome to the White House, where every day seems to be ...

The Guardian - 2d

It Takes Two And Split Fiction Director Shares His Thoughts On AI

After It Takes Two sold more than 20 million copies, developer Hazelight's new game, Split Fiction, releases this March. The story involves the characters Mio and Zoe encountering a machine that ...

GameSpot - Feb. 13

Hedge fund giant Bridgewater made a new bet on Tesla. They may have gotten a bargain.

Bridgewater Associates made a fresh bet on EV maker Tesla Inc. late last year, as it exited memory chip maker Micron Technology and banking giant Goldman Sachs.

MarketWatch - 6d

Kevin O'Leary on DOGE: 'Keep hacking while you have a 24-month mandate before the midterms'

“Shark Tank” investor Kevin O’Leary said President Trump and tech billionaire Elon Musk are not working fast enough to make the sweeping cuts they are proposing in relation to the federal workforce ...

The Hill - 1d

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market cap.

CNBC - Feb. 12

Protesters target Tesla showrooms in US over Elon Musk’s government cost-cutting

Demonstrations across the US against tycoon’s ties to Trump highlight potential risks to firm’s reputation and sales. . Protesters gathered outside Tesla dealerships across the US on Saturday in ...

The Guardian - 4d

Tesla's law firm drafts Delaware bill that could salvage Musk pay package

The legislation would amend Delaware General Corporation Law and could pave the way for the reinstatement of Musk's 2018 CEO pay package at Tesla.

CNBC - 1d

Tesla's law firm helps draft bill some experts say could restore Musk's pay package

A law firm representing Elon Musk and Tesla helped draft a bill some experts say could, if passed, possibly restore Musk's lost multibillion-dollar compensation package.

ABC News - 2h

Spicer: Trump has been clear 'it may take a little while' for prices to come down

Former White House aide Sean Spicer said President Trump has acknowledged that “it may take a little while” for to prices to come down — referring to a promise Trump made on the campaign trail. ...

The Hill - Feb. 11

The market is at the last stage of the bull cycle — but that may take a while. Here are three stocks from this value-focused manager.

Get ready for the “first year of the last leg of the bull run,” says ValueWorks’ Charles Lemonides.

MarketWatch - 1d

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