Tesla, Elon Musk and Ives
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Tesla has scheduled an annual shareholder meeting for November, one day after it came under pressure from major shareholders to do so.
Elon Musk's shifting focus and political ambitions have raised concerns about his commitment as CEO to Tesla, Inc. Learn more about TSLA stock here.
20hon MSN
Trump's Department of Government Efficiency led by Elon Musk faced resistance while attempting to reduce federal workforce and address the $37 trillion national debt.
Trump, making his first comments on Musk’s criticism of his bill during an Oval Office press conference, insinuated the Tesla CEO opposes his “One Big Beautiful Bill Act” because he is “upset” the electric vehicle tax credit was removed, adding he’s not sure he’ll remain friends with Musk and alleging Musk “knew the inner workings of the bill.”
Musk, who earlier advocated for cryptocurrencies, has confirmed that the political party would embrace Bitcoin as "fiat is hopeless," as he claimed. Notably, Tesla holds 11,509 BTC worth more than $1.25 billion on its balance sheet, making it the eighth-largest public Bitcoin corporate treasury.
The fallout between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam Altman.
As CEO of X, Linda Yaccarino had a cushy job, a fancy paycheck, and the ability to contribute to the future of tech. So why did she step down Tuesday? It’s a tale as old as time: her “parents” were going through a divorce,
The president said Elon Musk 'was a tremendous help' a day after the world's richest man announced he would be limiting his government role. Tesla's stock tanked in the last quarter.