Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
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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 - Feb. 20 -
Teacher union head taking fight to Elon Musk through Tesla stock
American Federation of Teachers President Randi Weingarten is urging top Tesla investors to review the company's current valuation on behalf of her union's members. Weingarten, who heads one of ...The Hill - 5d -
White House identifies DOGE administrator amid questions about Elon Musk's role
The administrator of President Donald Trump's so-called Department of Government Efficiency has been identified as Amy Gleason, a White House official said.CNBC - 6d -
‘Dark MAGA’ Spreads as Elon Musk’s Influence Grows
Elon Musk continues to extend his power among constituents and in the government.Inc. - Feb. 23 -
With Musk's DOGE role, some Tesla owners rethink their allegiance
Elon Musk's close ties to President Trump is alienating some motorists. Wall Street analysts say that could hurt Tesla.CBS News - Feb. 24 -
A Union Takes on Musk via Tesla’s Stock
The American Federation of Teachers is pressuring some of the carmaker’s biggest shareholders as the tech mogul's cost-cutting influence in Washington sets off alarm bells.The New York Times - 5d -
Airline stocks fall as possible economic 'soft patch' raises demand concerns
Signs of a weakening consumer have emerged ahead of the peak spring and summer travel season.CNBC - 52m -
How does the White House characterize Elon Musk's role in DOGE, government?
Elon Musk is doubling down on his threat demanding federal workers explain what they did last week or lose their jobs. CBS News White House reporter Aaron Navarro and CBS News executive director of ...CBS News - 6d -
Tesla shares falling as European sales drop. Is Musk to blame?
Tesla's shares dropped by more than 9% as sales in at least five European countries disappoint. CBS News' Ramy Inocencio reports on the potential correlation to Elon Musk.CBS News - 6d -
Elon Musk rebuffs claims that Tesla could invest in Nissan
Japanese carmaker’s shares rise almost 10% after reports that a group wants US EV firm to put in money. Elon Musk has rebuffed the idea that Tesla could put money into the struggling carmaker ...The Guardian - Feb. 21 -
‘I felt nothing but disgust’: Tesla owners vent their anger at Elon Musk
The tycoon’s links with Donald Trump and Germany’s far-right AfD have slammed the brakes on sales and put the car’s owners in a spin. Tesla sales almost halve in Europe over Musk’s ties to ...The Guardian - Feb. 25 -
Elon Musk appears to be driving Europe away from Teslas
Overall EV sales in Europe surged 34% in January, while Tesla saw its sales across the continent plummet by a staggering 45%.CBS News - 6d -
Tesla Fires a Manager Who Criticized Elon Musk on Social Media
The employee objected to a post on X by Mr. Musk, Tesla’s chief executive and a top adviser to President Trump, that referred to Nazi leaders.The New York Times - 4d -
Tesla for Sale: Buyer’s Remorse Sinks In for Elon Musk’s E.V.-Owning Critics
The backlash against the electric vehicle company has intensified as the billionaire ally of President Trump exerts his power over the federal government.The New York Times - 6h -
Tesla's market cap sinks below $1 trillion as stock slumps more than 8%
Tesla shares have dropped dramatically since peaking in December, and Tuesday's decline pushed the company's market cap below $1 trillion.CNBC - Feb. 25 -
As Israel uses US-made AI models in war, concerns arise about tech’s role in who lives and who dies
U.S. tech giants have quietly empowered Israel to track and kill many more alleged militants more quickly in Gaza and Lebanon through a sharp spike in artificial intelligence and computing servicesABC News - Feb. 18 -
What 15 Americans Think About Elon Musk and DOGE’s Government Cuts
Americans across the country are deeply split over Mr. Musk, with some welcoming his cuts to government and others outraged at what they see as an abuse of power.The New York Times - Feb. 25 -
The Tesla Takedown Has Begun. A National Protest Movement Seeks to Strike a Blow to Elon Musk’s Net Worth
As DOGE barrels through D.C., Americans on the ground are starting to mobilize outside Tesla dealerships.Inc. - Feb. 19 -
Tesla's worst month since 2022 coincided with Elon Musk's first full month in White House
Tesla shares plunged 28% in February, their worst month since December 2022.CNBC - 8h -
Tesla charging stations torched in apparent arson near Boston, latest attack on Elon Musk company
Tesla charging stations were torched near Boston in what appears to be the latest attack on the company owned by Elon Musk, billionaire adviser to Donald Trump.NBC News - 5h -
Growing concern over measles outbreak
In Texas, officials are reporting that one unvaccinated child has died of measles. Officials say at least 124 people have been infected and 18 people hospitalized. Almost all have been babies and ...NBC News - 5d -
Chain, chain, chain: political theatre confirms Elon Musk’s Maga hero status at jubilant CPAC
Emboldened and exultant, speakers put less emphasis on baiting liberals and more on spreading the Maga gospel. What do you give the man who has everything? A ballroom full of cheering conservative ...The Guardian - Feb. 23 -
Musk’s ‘Doge’ claim about USAid funds for India sets off political firestorm
Apparently baseless claim that $21m was given to help voter turnout seized on by Trump and Modi government . Elon Musk’s “department of government efficiency” has been accused of setting off a ...The Guardian - Feb. 24 -
What Elon Musk Got Wrong About Why Federal Retirement Is Still Managed out of a Limestone Mine
The massive underground facility, which has been used to store archives since the 1960s, remains a crucial but convoluted hub for US government records.Wired - Feb. 22 -
Can you trust Elon Musk and his ‘DOGE’ claims about government fraud?
American people deserve answers about what these Washington outsiders-turned-insiders are up toMarketWatch - Feb. 23 -
Tesla shares slump after European sales fall
Shares in the US electric carmaker dropped after European sales halved in January.BBC News - 6d -
Elon Musk Zeroes In on the I.R.S.
The tech mogul’s cost-cutting initiative is seeking sensitive taxpayer data, drawing concerns about privacy, potential political retribution and more.The New York Times - Feb. 18 -
Why did Tesla sales fall for the first time in 12 years?
Elon Musk's company, Tesla, saw its sales fall by 1% in 2024, despite global electric vehicle sales rising 7.3%. It marked the first time the company's annual sales have fallen in 12 years. CBS ...CBS News - 6d -
Alibaba’s stock falls on expensive AI-investment pledge
The online retailer plans to spend $53 billion over the next three years on AI and cloud technology.MarketWatch - Feb. 24 -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 5d -
Morning Report — From Cabinet to Capitol, Musk’s role questioned
In today’s issue: The Cabinet and Congress, at least for the time being, squirm in Elon Musk’s shadow. President Trump interjected to explain Musk’s actions during his Cabinet meeting Wednesday, ...The Hill - 5d -
What to Know About the Saudi Crown Prince’s Role in Global Diplomacy
The kingdom’s de facto leader, Crown Prince Mohammed bin Salman, was once shunned in diplomatic circles. Now he is playing an important role in negotiations over Gaza and Ukraine.The New York Times - Feb. 20 -
About 8 in 10 say they've recently experienced extreme weather: Survey
Roughly 80 percent of Americans said they have recently experienced extreme weather, according to a new poll. The survey, released Friday from The Associated Press/NORC Research Center, found that ...The Hill - 3d -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - Feb. 21
More from The New York Times
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Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.The New York Times - 1h -
Trump’s Tariffs on Canada, Mexico and China Snap Into Effect
President Trump imposed hefty tariffs on the United States’ largest trading partners on Tuesday, roiling global relations and sending shock waves through industries that depend on trade.The New York Times - 16h -
China Retaliates Against Trump, Imposing Tariffs and Blacklisting U.S. Companies
Beijing imposed broad tariffs on imports of American food and said 15 U.S. companies could no longer buy from China without special permission.The New York Times - 2h -
How ‘Silo’ and ‘Paradise’ Envision Housing After the Apocalypse
“Paradise” and “Silo” have opposing takes on the future of urban organization, echoing the debate over America’s housing shortage today.The New York Times - 12h -
Target Reports Solid Holiday Quarter But Warns of Tariff Uncertainty Ahead
The retailer ended 2024 with a good holiday season, but warned of uncertainty ahead.The New York Times - 10h
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Trump could meet Canada and Mexico ‘in the middle’ on tariffs, Lutnick says
Investors fret that aggressively protectionist trade policy will hurt economyFinancial Times - 8m -
Canada, Mexico tariff deal could be in works, Lutnick suggests. Here’s what markets will watch.
A deal to roll back U.S. tariffs on Canadian and Mexican goods may be in the works, a top Trump administration official suggested Tuesday, as President Donald Trump prepared to give a major address ...MarketWatch - 12m -
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.CNBC - 18m -
Germany’s Merz strikes ‘game-changing’ deal to boost defence spending
Chancellor-to-be’s moves to relax debt brake marks historic shift in country’s conservative approach to borrowingFinancial Times - 23m -
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.CNBC - 29m