Elon Musk News Updates

GovernmentBusinessTechnology

Trump Says He’s Going to Buy a Tesla

After one of the worst single day sell-offs in Tesla’s history, President Donald Trump threw his support behind his adviser, billionaire Elon Musk, vowing to buy one of his cars.

March 11, 2025
BusinessTechnologyFuel

Tesla Tumbles Most Since 2020 on Pullback in Sales Estimates

Tesla Inc. shares plunged the most since 2020 on growing concerns across Wall Street about the electric car maker’s deliveries.

March 10, 2025
GovernmentBusinessTechnologyEquipment

Tesla Erases $700 Billion ‘Trump Bump’

Tesla's shares are on track to erase the $700 billion post-election bump that stemmed from expectations that CEO Elon Musk's relationship with the president would benefit the company.

March 7, 2025
GovernmentBusinessTechnologySafetyFuel

Congressional Democrats Question Actions of Musk-Led DOGE

Congressional Democrats are pushing back on White House and Elon Musk efforts to halt transportation initiatives launched during the Biden administration.

March 6, 2025
GovernmentBusinessTechnologyEquipment

‘Armored Teslas’ Vanish From Government Procurement List

The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla  in relation to a planned $400 million armored EV purchase after reports emerged about it on Feb. 12.

February 13, 2025
GovernmentBusinessTechnology

Ontario Cancels Deal With Musk’s Starlink

Ontario’s premier said his government is ending its contract with Starlink, the Elon Musk-controlled satellite company.

February 3, 2025
GovernmentBusinessTechnologyEquipmentSafetyFuel

Tesla’s Market Value Surges Despite EV Demand Concerns

The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musk’s political prominence.

January 29, 2025
GovernmentBusinessTechnology

Duffy Vows to Not Protect Musk in NHTSA Probe of Tesla

Sean Duffy, President-elect Donald Trump’s nominee to lead USDOT, promised to not interfere with ongoing NHTSA investigations into Tesla if confirmed as secretary.

January 15, 2025
GovernmentBusiness

House Passes Spending Plan Hours Before Shutdown Deadline

The spending bill would keep the government open through March 14, provide disaster relief and give billions of dollars in economic aid to farmers. It will not suspend the national debt limit.

December 20, 2024
GovernmentBusiness

Trump Faces Setback as House Nixes Spending Plan

The bill failed by a vote of 235 to 174, with 38 Republicans voting against it in defiance of both Trump and Musk. Nearly all Democrats voted against the spending package.

December 19, 2024