Musk, Tesla and Trump
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Musk slammed Trump’s new “One Big Beautiful Bill,” calling it “a massive, outrageous, pork-filled Congressional spending bill.” He said it worsens the deficit and undoes the cost-cutting efforts he was tasked with under the Department of Government Efficiency (DOGE).
As Elon Musk pivots away from Washington and back to his companies including Tesla, experts say he will have to address several challenges.
The federal EV tax credit is, to put it lightly, in limbo given the current wording of the GOP's "big, beautiful bill." Though a lot of back-and-forth remains, with the Senate haggling with the House — and senators from red states with EV factories loath to damage the industry — it is more likely than not that GOP holdouts will fall in line and gut former President Biden's $7,
Elon Musk's actions in the White House violated norms "at an astonishing pace" for government workers, Elizabeth Warren's office said in a report.
Tesla has asked a judge to reject a demand for some of its vehicle crash data held by the U.S. National Highway Transportation Safety Administration, saying that public disclosure of the information could cause competitive harm.
The world's richest man is seeking to kill the GOP's top legislative priority, which contains provisions that would hurt his business.
Tesla billionaire Elon Musk has restarted his campaign against out of control U.S. government spending, backing a warning that bitcoin could “take over” from the U.S.
Some senior Tesla executives were alarmed last year when Elon Musk denied a Reuters report that the company had killed a planned all-new $25,000 EV that investors had expected to drive explosive vehicle sales growth,
Jamie Dimon, Warren Buffett, Ray Dalio, Jerome Powell—and now Elon Musk, are all sounding the alarm on America's national debt.