Elon Musk
Trump tax bill would add $2.4 trillion to deficits, Congressional Budget Office says
President Donald Trump’s “big, beautiful bill” would add $2.4 trillion to federal budget deficits over the next decade, the Congressional Budget Office estimated Wednesday. The bill passed by House Republicans last month would decrease federal spending by $1.3 trillion, but also see a a $3.7 trillion drop in revenues, according to the CBO’s latest analysis. The […]
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Tesla’s Australia sales soar in May — a bright spot amid struggles elsewhere
Electric vehicles outside a Tesla dealership in Melbourne on April 19, 2023. William West | AFP | Getty Images Tesla may be facing declining sales in the U.S. and Europe, but it reported a bright spot in Australia — where its electric vehicle sales rebounded to their highest level in nearly 12 months in May. […]
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CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Traders work on the floor of the New York Stock Exchange on June 3, 2025. NYSE Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade […]
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New Elizabeth Warren report chronicles ‘130 days of Elon Musk’
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Sen. Elizabeth Warren’s office issued a report Tuesday chronicling Elon Musk’s “130 days” in President Donald Trump’s administration, accusing the billionaire of […]
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Musk torches Trump budget bill: ‘Disgusting abomination’
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk on Tuesday tore into the massive tax-and-spending-cut bill backed by President Donald Trump, calling it a “disgusting abomination” that will explode federal budget deficits. […]
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Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
The Texas flag flies outside TDECU Stadium in Houston, Oct. 21, 2023. Tim Warner | Getty Images Sport | Getty Images Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming to Austin, Texas, which has emerged as a key battleground for self-driving technology. CEO Elon Musk wrote in a […]
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Trump’s foreign student policies alarm Rep. Ro Khanna: They’re ’embedded in Silicon Valley’
Democratic Rep. Ro Khanna of California warned Tuesday that the nation’s economy and talent pipeline could take a hit if international students opt against attending colleges in the United States because of President Donald Trump’s visa policies. “The reality is that you have people like Elon Musk who were foreign students, I mean, they have […]
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Elon Musk’s Neuralink raises $650 million in fresh capital
Jonathan Raa | Nurphoto | Getty Images Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced on Monday. ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a release. Neuralink said the fresh capital will help the […]
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Why Tesla sales are rebounding in Norway while Europe lags
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on Sept. 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla‘s sale of new cars in Norway skyrocketed 213% in May from a year ago, according to […]
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Neuralink competitor Paradromics completes first human implant
Dr. Matthew Willsey working in the operating room. Courtesy of the University of Michigan Neurotech startup Paradromics on Monday announced it has implanted its brain-computer interface in a human for the first time. The procedure took place May 14 at the University of Michigan with a patient who was already undergoing neurosurgery to treat epilepsy. […]
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