Latest in Turmoil at Tesla continues as Musk tries to reassure employees
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Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - Mar. 11 -
Tesla’s stock may be bouncing, but this analyst explains why you should keep selling
One reason Tesla investors should sell into the stock’s recent bounce is because of all the “political noise” surrounding Chief Executive Elon Musk, one analyst says.MarketWatch - Mar. 13 -
Trump compares violence against Tesla to Capitol riot: ‘You didn’t have anything like that on Jan. 6’
President Trump on Friday compared the vandalization of Tesla dealerships across the U.S. to the riot at the U.S. Capitol on Jan. 6, 2021, arguing the level of attacks on Elon Musk’s company wasn’t ...The Hill - 3d -
Is Elon Musk rooting for a government shutdown?
In just over 48 hours, the government will partially shut down unless Congress can pass a continuing resolution. New reporting from Wired finds Elon Musk and his Department of Government Efficiency ...CBS News - Mar. 12 -
Tesla tells US government Trump trade war could ‘harm’ EV companies
Letter from Elon Musk’s firm to US trade representative warns of ‘downstream impacts’ of tit-for-tat tariffs. Business live – latest updates Elon Musk’s Tesla has warned that Donald Trump’s ...The Guardian - Mar. 14 -
Wildlife biologist fired by DOGE continues working for free
In February, the Trump administration let go of over 2,300 probationary employees from the Interior Department as part of its effort to reduce the size of the federal workforce. One fired U.S. Fish ...CBS News - Mar. 14 -
Elon Musk-backed foreign aid group GiveDirectly is hit by Doge cuts
The nonprofit has received millions in donations from Tesla chief’s foundationFinancial Times - 5d -
Late Night Tackles the Attacks on Tesla
Jordan Klepper said no one should be blowing up Elon Musk’s cars, “especially because if you just wait a few minutes, they’ll probably do it by themselves.”The New York Times - 4d -
Can Donald Trump afford a trade war with Canada?
And can Elon Musk afford a tumble in Tesla's share price?BBC News - Mar. 12 -
Elon Musk targeted me over Tesla protests. That proves our movement is working
I’ve always believed the people are powerful. Now we know the world’s richest man does too. On Saturday morning, I woke up to a nightmare of notifications. On Sunday, it got worse. Elon Musk had ...The Guardian - Mar. 13 -
Tesla warns Trump administration it is ‘exposed’ to retaliatory tariffs
Elon Musk’s electric-car maker says levies could make it costlier to produce vehicles in the USFinancial Times - Mar. 13 -
Tesla’s Letter to the Trump Administration, Tariffs and a Market Meltdown
Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.The New York Times - Mar. 14 -
What to Know About the Backlash Against Tesla
Elon Musk’s electric carmaker faces serious headwinds amid his involvement with right-wing politics and the Trump administration.The New York Times - 5d -
‘Major brand worries’: Just how toxic is Elon Musk for Tesla?
With sales down and electric vehicle rivals catching up, the rightwing politico’s brand is driving into a storm. Globally renowned brands would not, ordinarily, want to be associated with Germany’s ...The Guardian - Mar. 8 -
Tesla stock is falling because Elon Musk’s stock is falling
The company is valued more as a moonshot rather than a carmakerFinancial Times - Mar. 11 -
Elon Musk's carmaker Tesla raises concern over Trump tariffs
The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.BBC News - Mar. 14 -
Tesla's challenges run deeper than 'toxic' controversy around Elon Musk
The company is still valued at more than 100 times its earnings - but it faces problems that experts say go beyond questions around its CEOBBC News - 5d -
Elon Musk discovers ‘magic money computers,’ or how the U.S. financial system actually works
Elon Musk, the chief executive of Tesla and SpaceX and the brainchild behind the Department of Government Efficiency, went onto Sen. Ted Cruz’s podcast to discuss what he’s learned in Washington.MarketWatch - 6d -
Judge Finds Musk’s ‘Special Government Employee’ Status Might Make His Leadership of DOGE Unconstitutional
The billionaire’s status in government may prohibit him from doing much of what he’s been touting as job- and budget-cutting successes.Inc. - 5d -
Jimmy Kimmel Doubts Trump Will Really Buy a Tesla
“But why should he, when he did a big commercial for them today, absolutely free?” Kimmel said after the president brought some of Elon Musk’s cars to the White House.The New York Times - Mar. 12 -
DOGE’s Dodgy Numbers Employ a Tesla Technique
Safety researchers claim Elon Musk’s auto company has a long history of potentially misleading stats. Now it looks like his government department is following suit.Wired - 5d -
Elon Musk Says X Outages Were Caused by a Cyberattack From Ukraine
The billionaire’s social media site X suffered outages, and Tesla’s stock tanked on Monday.The New York Times - Mar. 10 -
China pledges greater market access as Tim Cook and other global CEOs gather in Beijing
Chinese Vice Premier He Lifeng has reassured foreign business leaders that Beijing will continue to open up its market and welcome more investment from multinational companies, according to a ...NBC News - 21h -
Donald Trump Bought a $90,000 Tesla With 37 Recall Notices Against It
Here’s hoping Elon Musk won’t have to personally fix President Trump’s new EV anytime soon.Wired - Mar. 12 -
Short sellers make $16bn profit from Tesla’s share price plunge
Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car makerFinancial Times - 6d -
Tesla recalls more than 46,000 Cybertrucks over safety issue
Elon Musk’s electric-car maker says panel may fall off pick-up truck causing a ‘road hazard’Financial Times - 4d -
Fired NOAA staffers are reinstated, creating confusion on the heels of severe storms
National Oceanographic and Atmospheric Administration workers experienced a kind of whiplash as the government tried to reinstate probationary employees who had been fired.NBC News - 5d -
Musk Email Reaches Italian Workers. It Did Not Go Well.
Employees at the Aviano Air Base who serve American forces got a familiar demand to list their achievements. Unions say Italy “is not the Wild West like the U.S.”The New York Times - Mar. 14 -
Judge finds Musk and DOGE's shutdown of USAID likely unconstitutional
U.S. District Judge Theodore Chuang ruled in favor of a group of more than two dozen unnamed former and current USAID employees and contractors.CBS News - 5d -
Sen. Mark Kelly on Ukraine aid, Elon Musk's criticism and U.S. responsibility
Sen. Mark Kelly, a Democratic lawmaker and Navy combat veteran, is standing by his call for continued U.S. support for Ukraine after visiting the country. His remarks drew criticism from Elon Musk, ...CBS News - Mar. 11 -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - Mar. 11 -
Wall Street turmoil rattles retirement savers, turning financial planners into therapists
Turmoil on Wall Street is keeping financial planners’ phones ringing as 401(k) holders watch their retirement account balances fall with the stock markets they’re tied to.NBC News - Mar. 13 -
What might happen next after the S&P 500’s correction?
Also: Deeper looks at Microsoft, Tesla (and Musk) and ways to broaden your investment horizons and lower your risk.MarketWatch - Mar. 14 -
Here's the biggest news you missed this weekend
Chuck Schumer dismissed calls from Democrats to step down. Protesters gathered at Tesla dealerships to denounce Elon Musk.NBC News - 1d -
Trump’s Tariffs Could Help Tesla, by Hurting Its Rivals More
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.The New York Times - Mar. 8 -
The FBI Is Investigating Attacks on Tesla as ‘Domestic Terrorism.’ Here’s Why That Matters
The domestic terrorism designation could give law enforcement sweeping authority to surveil people protesting against Elon Musk’s role in the US federal government, civil liberties experts warn.Wired - 2d -
Retail giants like Macy's, Walgreens face financial turmoil
Some household-name retail giants are facing financial turmoil. But while some are struggling to survive, it's not all bad news. Elise Preston has the details, plus a surprise rebound.CBS News - Mar. 15 -
Tesla investor survey shows 85% believe Elon Musk's politics are having 'negative' or 'extremely negative' impact on company
The poll is the latest sign of mounting frustration with the billionaire entrepreneur as he's become a rising politic figure.CNBC - Mar. 12 -
A president touting Musk’s cars from the White House shows this: the Tesla boycott really irks him | Gaby Hinsliff
Trump has met a force he cannot control: people’s ability to parade their anger and distaste through consumer choice. What do you buy the richest man in the world? The answer, obviously, is the one ...The Guardian - Mar. 14 -
Kristi Noem says she plans to use "broad and extensive" authorities as DHS secretary
Department of Homeland Security Secretary Krisi Noem said tests polygraph tests will continue for employees, while pledging to prosecute leakers.CBS News - Mar. 9