Elon Musk Says He's Scaling Back Political Spending
Digest more
4hon MSN
Shares in Tesla Inc. recently traded nearly 2% higher, even as the S&P 500 index dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and declared that the car company’s sales are improving.
Elon Musk got into a tense exchange Tuesday with CNBC anchor David Faber after he pressed the Tesla CEO on his leadership of President Trump’s cost-cutting initiatives and the efficacy of
7hon MSN
Elon Musk’s companies see reputations crumble as backlash from his work with DOGE hits his ventures - Hit to Tesla and SpaceX reputations comes as Musk grows less visible in White House role
DOGE dividend checks won’t happen. The House DOGE caucus is dead, and Musk’s agency faces mounting backlash in Washington.
Elon Musk’s Department of Government Efficiency has been Donald Trump’s battering ram during the president’s first 100 days, slashing the federal government and trying to bend its remnants to Trump’s will.
Elon Musk said he took the backlash against his electric automaker Tesla personally, though he declined to say he regretted the political activity that sparked the "massive violence."
Elon Musk, who has been an advisor for the DOGE under the Trump administration, affirmed that he was committed to being the CEO of Tesla.
Elon Musk’s prominent role in President Donald Trump’s White House appears to be fading, but the tech billionaire’s brainchild — the budget-slashing Department of Government Efficiency — is poised to continue its work after his departure.
Tesla announced quarterly earnings down 71 percent from a year earlier, amid tariff threats and protests over CEO Elon Musk’s role in pushing government cuts.
Elon Musk told Tesla investors that he plans to scale back his time at the Department of Government Efficiency.