The fallout from Elon Musk’s plunge into politics a year ago is still hammering electric vehicle-maker Tesla, as both sales and profits dropped sharply again in the latest quarter. Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to…
The Trump administration is reportedly looking for new partners for its Golden Dome project. According a report by news agency Reuters, this move by the Donald Trump administration has attracted a critical reaction from Tesla and SpaceX CEO Elon Musk, who called the action as “breaking the law.” For those unaware, the Golden Dome project…
The Trump administration is actively seeking alternatives to Elon Musk‘s SpaceX for the ambitious Golden Dome missile defence system, a project envisioned to cost around $175 billion. This shift is largely driven by a deteriorating relationship between former President Trump and Musk, culminating in a public fallout in June. While SpaceX was initially a top…
Elon Musk is known for disrupting industries and speaking his mind, especially when it comes to traditional business icons like Warren Buffett. Over the years, Musk has repeatedly taken jabs at the legendary investor, calling his style of capital allocation “boring” and questioning the relevance of reading financial reports all day. But beneath the surface…
Amazon founder Jeff Bezos met with President Donald at the White House last week, CNBC has reported. Citing sources familiar with the matter, the report said that the meeting lasted for over an hour. While the exact timing and agenda of the meeting remain unclear, flight tracking data by Jack Sweeney shows a Gulfstream G700…
Was it a restaurant opening or a car show? On Monday, Cybertrucks and Teslas filed into the parking lot and lined around the block for the opening of the Tesla Diner: a two-story, retro-modern, steel-covered restaurant with two towering movie screens for customers to watch as they “supercharge” their cars. It marks the popular but…
Tesla CEO Elon Musk (Photo by Patrick Pleul / POOL / AFP) (Photo by PATRICK PLEUL/POOL/AFP via Getty … More Images) POOL/AFP via Getty Images Tesla’s reputation crisis is deepening, according to a new report from EV Intelligence that says Tesla now has the lowest net positive perception among all EV brands and the highest…
Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images President Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has…
Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg |…
Tesla India recently shared a post on X (formerly Twitter), announcing an update on the availability of Tesla cars in the country. “Now everyone in India can order directly on our website,” the post read, adding that four cities will get priority delivery. The post was later reshared by CEO Elon Musk. As per Tesla…