Elon Musk
Wall Street analysts say Elon Musk is the clear auto tariff winner: ‘Tesla wins, Detroit bleeds’
Several analysts on Wall Street see a clear winner emerging from President Donald Trump ‘s new auto tariff policy: Tesla . Trump announced on Wednesday that all cars not made in the U.S. would be slapped with a 25% tariff beginning next week. The news sent shares of major American car producers in diverging directions […]
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Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs ‘because he may have a conflict’
U.S. President Donald Trump speaks to the media in the Oval Office at the White House in Washington, D.C., U.S., March 26, 2025. Evelyn Hockstein | Reuters After President Donald Trump said on Wednesday he would impose 25% tariffs on “all cars that are not made in the United States,” he said his key advisor, […]
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Tesla shares drop on plunging European sales, concerns about Trump’s tariffs
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images Tesla shares fell almost 6% on Wednesday as data from Europe showed slowing sales last month, and investors grew […]
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The Atlantic publishes full Signal thread with Hegseth, Waltz after Trump says texts not classified
(L-R) US National Security Advisor Mike Waltz speaks with Defense Secretary Pete Hegseth as US President Donald Trump meets with French President Emmanuel Macron in the Oval Office of the White House in Washington, DC, on February 24, 2025. Ludovic Marin | Afp | Getty Images The Atlantic on Wednesday published the full text thread […]
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Treasury Department is set to lay off a ‘substantial’ number of employees, official says
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025. Mandel Ngan | AFP | Getty Images The Treasury Department is planning to furlough a “substantial” level of its workforce in conjunction with Elon Musk’s efforts to shrink the size of the federal government, according to a court document. […]
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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. Chalinee Thirasupa | Reuters Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as […]
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Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the […]
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Tesla rebounds 10% for biggest gain since its post-Election Day pop, following 9 straight weeks of losses
An aerial view of a Tesla dealership in Hamilton, Canada, on March 20, 2025. Katherine Ky Cheng | Getty Images News | Getty Images Tesla shares are headed for their best day in 2025 after falling for nine consecutive weeks due to rising controversy surrounding CEO Elon Musk’s political activities. Shares were last up more […]
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Concerns about espionage rise as Trump and Musk fire thousands of federal workers
A commuter near the Federal Aviation Administration (FAA) headquarters in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty Images As President Donald Trump and billionaire Elon Musk work to overhaul the federal government, they’re forcing out thousands of workers with insider knowledge and connections who now need a job. […]
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Republican interim SEC chief Mark Uyeda cast the sole vote against suing Musk
The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, D.C., U.S. on March 5, 2025. Leslie Josephs | CNBC Days before Republicans took the helm of the U.S. Securities and Exchange Commission in January, the agency’s five commissioners held a closed-door vote on whether to sue Elon Musk. Since 2022, the agency had been […]
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