Why is Elon Musk still CEO of Tesla?
The tech billionaire and his EV company suffer, Apple castigates itself over Siri failures and a Meta tell-all book evokes a strong reaction
Hello, and welcome to TechScape. In this week’s edition: Elon Musk suffers the slings and arrows of outrageous fortune, Apple beats itself up over Siri, and Meta goes after one of its own over a tell-all book.
The past 10 days have marked several of the most significant setbacks for Musk in months. Tesla, arguably his marquee company, continued to fall in value as investors worried about the threat of trade war and possible recession – as well as declining profits. Escalating protests against the company over the billionaire’s role in the government also grew in number and intensity across the US, coupled with rising cases of vandalism and social stigma against his cars. SpaceX has also struggled, with one of its rockets dramatically exploding in midflight last week and then an announcement that it was delaying a rescue mission to retrieve “stranded” astronauts. The company tried again two days later.
Adding to Musk’s headaches, his social media platform, X, experienced widespread outages throughout the day on Monday. During a Fox Business interview, he claimed that it was the result of a “massive cyberattack” that the company had traced to the area of Ukraine.
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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 - Mar. 9 -
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. - Mar. 10 -
Trump turns the White House lawn into a Tesla showroom
President Donald Trump on Tuesday turned the South Lawn of the White House into a temporary Tesla showroom in a conspicuous favor to his adviser Elon Musk, the billionaire CEO of the car company.NBC News - 6d -
Tesla tells US government Trump trade war could ‘harm’ EV companies
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Hundreds protest Tesla showrooms over Musk's DOGE work
Hundreds of protestors gathered outside of Tesla showrooms on Saturday to showcase their disdain for CEO Elon Musk and his work with the Department of Government Efficiency (DOGE) in an effort to ...The Hill - 2d -
DOGE complicates Musk's CEO roles
Presented by Ericsson - Elon Musk’s role in the Trump administration is complicating his business ventures, as the tech billionaire pushes forward with efforts to slash the federal government and ...The Hill - 5d -
How Elon Musk's Trump support could hurt — or help — Tesla
Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. Bears say it's a disaster for Tesla, bulls say a boon.CNBC - Mar. 11 -
Elon Musk’s White House role weighs on business empire
Elon Musk’s role in the Trump administration is complicating his business ventures, as the tech billionaire pushes forward with efforts to slash the federal government and budget in the face of ...The Hill - 6d -
Democratic Senator Mark Kelly to let go of his Tesla over Musk’s federal cuts
Arizona senator had also clashed with billionaire over the latter’s ‘traitor’ jibe after Kelly posted about his Ukraine visit. The Arizona Democratic senator Mark Kelly announced he was ditching ...The Guardian - 3d
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Israel shatters Gaza ceasefire as more than 400 Palestinians killed in IDF strikes – Middle East crisis live
Benjamin Netanyahu says attacks were carried out to ‘achieve war objectives’ as Hamas labels strikes a ‘blatant violation of humanitarian conventions’. Israeli strikes kill hundreds in Gaza ...The Guardian - 25m -
Israeli strikes kill hundreds in Gaza
Palestinian health authorities report 400 deaths as IDF hits dozens of sites across territory. Israeli-Gaza – latest updates Israel’s military has ordered an evacuation of parts of eastern ...The Guardian - 4h -
World leaders express outrage at Israel’s renewed bombing of Gaza civilians
Strikes said to target Hamas killed hundreds within hours including women and children, undermining ceasefire. Middle East crisis – live updates World governments and UN officials have ...The Guardian - 2h -
Why has Israel resumed large-scale airstrikes on Gaza?
Officials claim attacks will bring release of more hostages, but some suggest political factors at play for Netanyahu. Middle East crisis – live updates Israel has resumed large-scale attacks ...The Guardian - 5h -
Germany votes on debt break amid Ukraine fears as Putin-Trump call set to take place – Europe live
US and Russian presidents will speak on phone today as Bundestag votes on releasing a €500bn infrastructure fund to boost German defence. Trump and Putin to hold high-stakes call on Ukraine ...The Guardian - 49m
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Tennis stars accuse governing bodies of ‘cartel’ to deny them more prize money
Players’ group behind lawsuit is affiliated with sports company backed by hedge fund tycoon Bill AckmanFinancial Times - 17m -
What to Know About Israel’s Renewed Assault on Gaza
The deadly airstrikes shattered a period of relative calm and raised the prospect of a return to all-out war.The New York Times - 19m -
Live Updates: Israel Carries Out Deadly Strikes in Gaza and Warns of Intensified Attacks
The assaults targeting Hamas killed more than 400 people, local officials said, and were the first major strikes in Gaza since both sides agreed to a truce in January.The New York Times - 20m -
Trump’s Focus on Ukrainian Nuclear Plant Is Partly Linked to Minerals Deal, Officials Say
The U.S. is seeking access to Ukrainian minerals, which require extensive energy to process. The Zaporizhzhia power plant in southern Ukraine, which Russia controls, could help with that, Kyiv says.The New York Times - 21m -
Israel shatters Gaza ceasefire as more than 400 Palestinians killed in IDF strikes – Middle East crisis live
Benjamin Netanyahu says attacks were carried out to ‘achieve war objectives’ as Hamas labels strikes a ‘blatant violation of humanitarian conventions’. Israeli strikes kill hundreds in Gaza ...The Guardian - 25m