Tesla Shares Plunge as Elon Musk’s Political Role Grows More Divisive
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.
Read more at The New York Times
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Tesla facilities face wave of attacks as Elon Musk delves into politics
As Elon Musk attempts to drastically cut the federal workforce and delves further into the corridors of American power, the Tesla CEO's electric carmaker facilities have come under fire — literally.NBC News - 1d -
Tesla facilities across the country attacked in protest of Elon Musk
A wave of anti-Tesla attacks have occurred as Elon Musk takes a leading role in President Trump's cost-cutting task force known as DOGE.CBS News - 1d -
Tesla shares plunge 14%, head for worst day in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 14% and heading for their worst day on the market since September 2020.NBC News - 1h -
What’s Driving Tesla’s Woes?
As Tesla faces a global sales slump, and with shares down for the seventh consecutive week, could Elon Musk's antics really be to blame?Wired - 2d -
Tesla shares have declined every week since Elon Musk went to Washington
Tesla's stock has dropped for seven straight weeks, a stretch that dates back to the beginning of Donald Trump's second term in the White House.CNBC - 2d -
Tesla shares plunge 15%, suffering steepest drop in five years
Tesla continued its downward slide on Monday, with the stock suffering its most dramatic selloff since September 2020.CNBC - 21m -
Is Elon Musk’s Tesla EV Party Over?
Tesla’s stock defied gravity for years. How long it can keep doing so remains up in the air.Inc. - 4h -
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 - 2d -
Rage Against Elon Musk Turns Tesla Into a Target
The backlash against the electric vehicle company has turned violent at times, as its billionaire chief executive parlays his support for President Trump into consequential influence over the ...The New York Times - 1d -
There Is a Liberal Answer to Elon Musk
Right-wing populism thrives on scarcity. The answer is abundance. But a politics of abundance will work only if Democrats confront where their approach has failed.The New York Times - 1d -
LinkedIn co-founder has known Elon Musk for years. Here’s what he says Americans don’t understand about the Tesla CEO.
Elon Musk takes a hammer-and-nail approach to everything, LinkedIn co-founder Reid Hoffman says.MarketWatch - 5h -
Trump defends Elon Musk, DOGE cuts to federal workforce
President Trump defended Elon Musk and DOGE over the weekend after reported rifts between Musk and Cabinet members. CBS News White House reporter Olivia Rinaldi has more.CBS News - 4h -
Elon Musk's Starlink has a growing footprint in the federal government
The use of Starlink has been adopted by at least one additional federal agency since Donald Trump began his second presidential term.NBC News - 2d -
Elon Musk Is Making Republicans Sweat and Giving Democrats a New Target
His unusual governing arrangement with President Trump is opening Republicans up to being yoked politically to Mr. Musk, who polls show is broadly unpopular.The New York Times - 2d -
‘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 - 2d -
Rubio takes Elon Musk's side in fight with Polish diplomat: 'Just making things up’
Secretary of State Marco Rubio took Elon Musk's side in an online fight with a Polish diplomat over Starlink's role in the Russia-Ukraine war. The exchanges were notable coming days after Rubio and ...The Hill - 7h -
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 - 2h -
Elon Musk’s X suffers multiple outages
Elon Musk's social media platform X experienced several outages on MondayCNBC - 2h -
‘SNL’ pokes fun at Musk, Rubio during cold open
The latest episode of “Saturday Night Live” featured James Austin Johnson’s version of President Trump attempting to bring together Marco Rubio and Elon Musk during the cold open. The show went on ...NBC News - 1d -
Elon Musk’s Neuralink Files to Trademark ‘Telepathy’
The brain implant company cofounded by Elon Musk is moving to trademark several product names, including Telepathy and Telekinesis.Wired - 2d -
Elon Musk’s DOGE Calls in U.S. Marshals When a Small Agency Refuses to Share Data
The U.S. African Development Foundation refused to let DOGE members into its offices. DOGE returned with law enforcement.Inc. - 2d -
Elon Musk's feud with OpenAI CEO Sam Altman, explained
Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial intelligence.Los Angeles Times - 10h -
Elon Musk says "massive cyberattack" is causing outages at X
Elon Musk's social media site X wasn't working for thousands of users on Monday, with the billionaire claiming a cyberattack.CBS News - 49m -
'SNL' taps into cynicism over Elon Musk's White House influence
Questions about tech investor Elon Musk's extraordinary influence in President Donald Trump's White House found answers that doubled as punchlines on "Saturday Night Live."NBC News - 1d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 3h -
Elon Musk Claims X Targeted in ‘Massive Cyberattack’
X (formerly Twitter) went down for thousands of users on Monday morning. Musk blamed a cyberattack.Inc. - 1h -
Trump denies reports of infighting between Cabinet, Elon Musk
President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.CBS News - 2d -
Trump downplays infighting between Elon Musk, Marco Rubio, other officials
President Trump is backing a House Republican plan to avert a government shutdown next week. He also played down reports of in-fighting in his Cabinet with advisor Elon Musk. Nikole Killion has the ...CBS News - 1d -
Thousands in Nepal want monarchy back as public frustration with politics grows
Thousands of supporters have greeted Nepal’s former king in capital Kathmandu and demanded his abolished monarchy be reinstated and Hinduism brought back as a state religionABC News - 1d -
Multiple outages at X caused by ‘massive cyberattack,’ Musk says
Scale of attack suggests role of a country or "coordinated group," Musk said.ABC News - 48m -
Tesla’s crash back towards reality, in several charts
Rapid unscheduled share-price disassemblyFinancial Times - 1h -
The making of Elon Musk: how did his childhood in apartheid South Africa shape him?
The billionaire and now Trump adviser grew up amid the collapse of white rule, attending an all-white school and then a more liberal one. With an imposing double-winged redbrick main building, and ...The Guardian - 6h -
Trump made clear ‘Elon Musk is your partner’ in Cabinet meeting, says Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says that President Trump made clear to his Cabinet that Elon Musk is “a partner” in deciding who and what will be cut ...NBC News - 1d -
Rubio and Trump Officials Clash With Elon Musk in an Explosive Meeting
Simmering anger at the billionaire’s unchecked power spilled out in a remarkable Cabinet Room meeting. The president quickly moved to rein in Mr. Musk.The New York Times - 2d -
Top budget Democrat: GOP spending bill hands ‘a blank check to Elon Musk’
Rep. Rosa DeLauro (D-Conn.), the top Democrat on the House Appropriations Committee, slammed the new House Republicans’ six-month stopgap funding bill, claiming it is a “blank check” for tech ...The Hill - 1d -
Dow plunges 890 points as recession fears, tariffs scare Wall Street
The stock market kicked off the week with steep losses Monday amid growing concern about the state of the U.S. economy and the impact of President Trump's trade policy. The Dow Jones Industrial ...The Hill - 23m -
Musk blames 'massive cyberattack' for X outage
Elon Musk said his social media platform X was targeted in a "massive cyberattack" on Monday, prompting outages for thousands of users. "There was (still is) a massive cyberattack against X," Musk ...The Hill - 2h -
Trump’s Affinity for Putin Grows More Consequential Than Ever
President Trump’s admiration for President Vladimir Putin of Russia has been endlessly dissected, but the American leader’s policy shifts since taking office again could have profound effects.The New York Times - 2d -
Trump Media falls more than 11% as broader sell-off intensifies
Trump Media sold off amid an across-the-board stock plunge as the volatility that dragged down all three major indexes last week worsened.CNBC - 22m
More from The New York Times
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Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 2h -
Inside Trump’s War on the I.R.S.: Dropped Audits and a Skeleton Staff
President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.The New York Times - 21m -
Undocumented Workers, Fearing Deportation, Are Staying Home
Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.The New York Times - 1d -
How a Classic French Dish Is Squeezed by Lingering Inflation
Businesses across Europe, including restaurants in Paris that make the dish, are being squeezed by sticky inflation.The New York Times - 1d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 17m
More in Business
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Bitcoin falls to November low under $80,000 on heightened recession fears
Bitcoin slipped under the $80,000 level on Monday, dragged by the continued selling pressure in the equities market.CNBC - 5m -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 5m -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 17m -
The stock market gets crushed but we were buying — plus, Google hears from Trump's DOJ
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 18m -
Wall Street Sinks as Recession Fears Loom
Last week’s steep sell-off resumed, with all three major U.S. indexes suffering sharp declines.Inc. - 20m