Elon Musk commits to leading Tesla for next five years

Elon Musk, chief executive officer of Tesla Inc., speaks via video link at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025.

Bloomberg | Bloomberg | Getty Images

Tesla CEO Elon Musk on Tuesday committed to leading the electric-vehicle-maker for the next five years.

“Yes, no doubt about that at all,” Musk said in an interview at Bloomberg’s Qatar Economic Forum in Abu Dhabi.

Musk’s comments come after some investors have questioned his dedication to Tesla.

He has been serving as a key advisor to President Donald Trump in leading the so-called Department of Government Efficiency, which has been a major focus for the tech billionaire in recent months. The stock has had a volatile start to the year, and is down more than 12% year to date.

Shares of Tesla rose about 1% on Tuesday.

This is breaking news. Please refresh for updates.

Source

World

Asia-Pacific markets rise as investors await Bank of Japan decision

December 19, 2025

Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets rose Friday as investors look toward the Bank of Japan decision coming out later in the day. The decision could see rates raised to 0.75% — the highest since 1995 — […]

World

TikTok signs agreement to create new U.S. joint venture, memo says

December 18, 2025

Samuel Boivin | Nurphoto | Getty Images TikTok’s U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew. The entity is named TikTok USDS Joint Venture LLC, the memo said. As part of the joint venture, Chew said in the memo, which was […]

World

Here are four key takeaways from Europe’s central banks’ final rate decisions of 2025

December 18, 2025

Thursday’s bonanza of four European central banks announcing interest rate decisions was as expected: the European Central Bank, Norges Bank, and Riksbank held their rates, while the Bank of England cut. But there were hints at what’s ahead for 2026. Here are four key takeaways. 1. The BoE voted to cut, but only just The […]