Elon Musk

U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. Treasury Building is seen from the Washington Monument on a cold, winter day on Jan. 21, 2025 in Washington, DC. Kevin Carter | Getty Images The U.S. debt and deficit problem worsened during President Donald Trump’s first month in office, as the budget shortfall for February passed the $1 trillion mark even though […]
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Waymo expands its robotaxi service again, this time to parts of Silicon Valley
Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images Waymo on Tuesday announced it is expanding its service to include another 27 square miles of coverage around the San Francisco Bay Area. With […]
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Ron Baron says he won’t sell a single personal Tesla share amid the EV play’s big decline
Ron Baron, founder of Baron Capital. Anjali Sundaram | CNBC Billionaire investor Ron Baron is standing by Elon Musk’s Tesla even in the face of its dramatic sell-off. The stock plunged 15% on Monday, its biggest one-day loss since September 2020. “I can’t believe how cheap they are, things that we look at,” Baron said […]
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White House: Stock market plunge is not as ‘meaningful’ as business activity
The White House on Monday downplayed the weeks long stock market sell-off, insisting that recent moves by business leaders suggest a brighter outlook for the U.S. economy. “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” a White House official told […]
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Tesla shares plunge 14%, head for worst day in five years
People gather in a protest outside a Tesla dealership in Lisbon against Tesla and SpaceX CEO Elon Musk on March 9, 2025. Patricia De Melo Moreira | Afp | Getty Images 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 […]
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Elon Musk’s social platform X is down for some users
Elon Musk’s social media platform X experienced several outages on Monday morning, leaving some users unable to load the site. Nearly 40,000 users reported problems with the platform around 10 a.m. ET, according to the analytics platform Downdetector, which gathers data from users who spot glitches and report them to the service. Around 28,000 people […]
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Here’s why banks don’t want the CFPB to disappear
Key Points For years, American financial companies have fought the Consumer Financial Protection Bureau in the courts and media. Now, with the CFPB on life support after the Trump administration issued a stop-work order and shuttered its headquarters, the agency finds itself with an unlikely ally: the same banks that reliably complained about its rules […]
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Memo says mass layoffs at Veterans’ Affairs will begin early as June
A person walks past the Department of Veterans Affairs headquarters a block from the White House on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images The Department of Veterans Affairs will begin mass layoffs at the politically sensitive agency as early as June, according to a memo reviewed […]
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Tesla shares have declined every week since Elon Musk went to Washington
Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Brian Snyder | Reuters Tesla’s stock has never had a stretch this red. For seven straight weeks, since Elon Musk went to Washington, D.C. to join the Trump administration, shares […]
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