Tesla chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement for CEO Elon Musk. The Journal had reported on Wednesday that Tesla’s board members had reached out about a month ago to several executive search firms to find the…
US President Donald Trump on Wednesday said Tesla boss Elon Musk could stay working for the White House as long as he wanted but understood the tycoon wanted to get back to his businesses. Musk last month said he will step back from his role as the unofficial head of the administration’s cost-cutting “Department of Government Efficiency”…
Tesla will launch in Saudi Arabia on April 10, the company announced on its social media and official website. A launch event will take place at the Bujairi Terrace in Riyadh where Tesla’s bestselling lineup will be showcased, according to the announcement. Tesla, the multinational automotive and clean energy company, is owned by billionaire Elon…
US President Donald Trump said Tuesday he will buy a “brand new Tesla” to show support for his top campaign donor and advisor, Tesla CEO Elon Musk. “To Republicans, Conservatives, and all great Americans, Elon Musk is ‘putting it on the line’ in order to help our Nation, and he is doing a FANTASTIC JOB!,”…
A federal judge extended a block on Elon Musk’s government cost-cutting team from accessing payment systems at the US Treasury Department on Friday, while another judge allowed the billionaire’s DOGE staffers to access records at health, labor and consumer financial protection agencies. Musk’s so-called Department of Government Efficiency has swept through federal agencies since Republican Donald Trump…
President-elect Donald Trump said he would attend next week’s state funeral for Jimmy Carter, the former US president who died on Sunday at the age of 100, and predicted that only House Speaker Mike Johnson could win the vote for the House’s top job. As Trump entered a New Year’s Eve Party at his Mar-a-Lago home…
A federal judge on Friday rejected the US Securities and Exchange Commission’s request to sanction Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter. US District Judge Jacqueline Scott Corley in San Francisco said sanctions over Musk’s Sept. 10 absence were unnecessary, after the world’s…
Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as US president on expectations his administration will be crypto friendly. The world’s biggest cryptocurrency BTC – has become one of the most eye-catching movers in the week since the election and touched $89,637 in Asia…
US President-elect Donald Trump on Tuesday named Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead a newly created Department of Government Efficiency, rewarding two of Trump’s well known supporters from the private sector. Musk and Ramaswamy “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and…
Donald Trump won the state of Arizona in this week’s US presidential election, US TV networks projected on Saturday, completing the Republican’s sweep of all seven swing states. After four days of counting in the southwest state with a large Hispanic population, CNN and NBC projected Trump had obtained its 11 electoral votes as he defeated…
Donald Trump surrogate Elon Musk’s offer of a million dollars to one registered voter in a swing state every day until the US Election Day on November 5 has raised questions about the legality of such a move. While Democratic candidate Kamala Harris’s campaign has not commented on the contest, Josh Shapiro, the Democratic Governor…
New York — Elon Musk’s sprawling empire — spanning everything from electric vehicles and social media to space rockets and miniature brain implants — may soon make him the world’s first trillionaire. Musk’s business success has made him one of the most influential — and controversial — people in the world. The Tesla boss is already the…
The European Union has slashed its planned extra tariff on Tesla (TSLA.O), electric vehicles imported from China by more than half, the bloc’s executive said on Tuesday, following further investigations requested by the company. The European Commission also revised its proposed punitive duties on imports of Chinese-made EVs in draft findings, in the highest profile EU…
