Tesla shares saw a steep decline among S&P 500 stocks on Monday, after tensions between CEO Elon Musk and US President Donald Trump flared up again over the weekend. Once a key Trump ally and major donor, Musk announced plans to launch a third political party in response to the Republican-backed spending bill passed last…
Tesla’s stock price slumped in early trading Monday after CEO Elon Musk’s announced over the weekend that he has formed a new political party following his acrimonious split from President Trump. The electric vehicle company’s stock fell 7%, at $293 per share, in morning trading. Musk had threatened to form a new political party if the…
Elon Musk’s new political party could split the right-wing vote but is unlikely to succeed in any major way, experts have told Newsweek. While Musk cannot run for president because he was born in South Africa, the party has the potential to shake-up politics ahead of the midterms, though it is doubtful it will break…
White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Samuel Corum | Getty Images News | Getty Images Tesla shares fell in premarket trade on Monday after CEO Elon Musk…
Elon Musk led a MAGA freak-out after the Justice Department and FBI shot down claims about a so-called “client list” belonging to late child sex offender Jeffrey Epstein. Federal agencies are also preparing to release video footage they say proves Epstein took his own life in a Manhattan detention center while awaiting trial on sex…
Elon Musk announced the formation of his new political party a day after conducting a poll on his social media platform, X. But this isn’t the first time Musk has outsourced his decision-making to social media. The Tesla and SpaceX CEO has conducted several polls on X over the years. Musk has asked users whether…
Elon Musk said an Axios report that the Department of Justice and Federal Bureau of Investigation (FBI) have concluded that there is no evidence of a Jeffrey Epstein client list was the “final straw”. The report also said the agencies concluded there is no credible evidence that the disgraced financier and pedophile blackmailed high-profile and…
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living…
US President Donald Trump and Tesla CEO Elon Musk have once again engaged in a war of words, this time over Musk’s new political party, the ‘American Party’. In a long post on Truth social media platform, Trump said he is “saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN…
By Adeola Adeosun is the Newsweek Weekend Night Editor based in Atlanta, Georgia. Her focus is reporting on U.S. national news, politics and trends. Adeola joined Newsweek in 2024 and has previously worked for CNN, Bossip, and The Messenger. You can get in touch with Adeola by emailing a.adeosun@newsweek.com. Languages: English. Adeola Adeosun Weekend Night…