On a balmy Sunday in Austin, Tesla fans awaited the promise of the future. After a few hours of delays, that promise was finally realized, and a select group took their first rides, livestreaming their experience. While Tesla robotaxis are meant to be fully autonomous, Tesla employees were still present in the passenger seat of…
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of setbacks, including looming tariffs and a brand crisis perpetuated by Chief Executive Elon Musk’s prominent role in the Trump administration. The Austin, Texas-based company reported…
Last December, I asked my students at Wharton to nominate and vote on topics for our final class. The runaway top choice was leadership lessons from Elon Musk. It’s become a hot topic among the corporate elite, too. At a recent leadership conference, the founder of a lucrative start-up said in passing that Mr. Musk…
One hallmark of Elon Musk’s 12 weeks in government has been his focus on Social Security. He has sent one of his closest advisers to work at the Social Security Administration. He has falsely insisted that the program is rife with fraud. And he has depicted the entitlement as a tool — a “giant magnet,”…
South Africa’s president, Cyril Ramaphosa, has been vocal about his desire to see his country’s wealthiest son, Elon Musk, invest some of his billions at home. But his overtures have been stymied by Mr. Musk’s criticism of the South African government as racist. Mr. Musk has argued that a law requiring foreign companies to sell…
Bezos puts a rocket up SpaceX After years of puff and prep, Jeff Bezos’s Project Kuiper is lobbing its first 27 satellites into orbit in a $10 billion (£7.8 billion) swing at Starlink, the Elon [Roman Salute] Musk-powered behemoth that lords over the skies. A United Launch Alliance Atlas V rocket carrying the Kuiper gear…
Privacy advocates say that all this data could enable the government to punish its political opponents by weaponizing information about an individual’s personal life (bankruptcies, criminal histories, medical claims) or halting the benefits they receive (housing vouchers, retirement checks, food assistance). “They have not demonstrated a single case in which fraud detection has required some…
Many of America’s billionaires and millionaires thought they knew how they would profit from a second Trump term: There would be tax cuts and deregulation and an end to bothersome government investigations. In other words, a White House sedulously attuned to their interests. What they didn’t count on, however, was a chaotic and nonsensical tariff…
Photo: Scott Olson / Staff (Getty Images) Even the world’s most prominent Trump supporter, Elon Musk, is displeased with the tariffs. Musk, who runs the Department of Government Efficiency (DOGE), spent the weekend criticizing the administration’s top trade adviser, Peter Navarro, and amped up his criticism Tuesday, saying Navarro is “dumber than a sack of…
Elon Musk‘s wealth dropped below $300 billion on Monday for the first time since last year, as the impacts of recent Tesla backlash and sweeping new tariffs collided. The richest man in the world was worth $298 billion as of market close Monday, according to the Bloomberg Billionaires Index. Since the beginning of the year,…