Tesla Financial News

“If you read the news, it feels like Armageddon,” he told employees in a meeting that lasted past 10 p.m. local time, according to Bloomberg. During the meeting, which was streamed live on his social media platform X, Musk further appealed: “I can’t walk past a TV without seeing a Tesla on fire. I understand if you don’t want to buy our product, but you don’t have to burn it down.” Musk also advised Tesla employees to “hang onto” their stock despite the «rocky moments.» Notably, Tesla shares have plunged more than 40% this year, erasing gains from a stock surge that followed President Donald Trump’s inauguration.

Donald Trump made it clear that those involved in the recent series of attacks on Elon Musk-owned Tesla properties could face significant consequences, including long prison sentences. Trump warned that anyone caught «sabotaging Teslas» — whether the perpetrators or their financial backers — could face up to 20 years in prison, in a fiery post on Truth Social. “People that get caught sabotaging Teslas will stand a very good chance of going to jail for up to twenty years, and that includes the funders. WE ARE LOOKING FOR YOU!!!,” his post read. This stern warning follows a string of attacks on Tesla showrooms, charging stations, and private vehicles, mainly in left-leaning cities across the United States. The White House has strongly backed Musk in the wake of these attacks.

Tesla and SpaceX CEO Elon Musk has raised concerns about the U.S. government’s financial operations, claiming that several government computers are making payments with little to no oversight. Speaking on a podcast hosted by Senator Ted Cruz, Musk called the situation “insane.” Musk claimed that 14 such computers, mainly located at the Treasury Department, were responsible for issuing payments without clear accountability. “Any computer which can just make money out of thin air, that’s magic money,” he said. According to Musk, the government’s financial systems are not well-tracked, leading to significant inefficiencies and potential misuse of funds.

Elon Musk, the ever-controversial billionaire, has once again ignited a debate—this time, about the very foundation of the U.S. financial system. In a recent podcast appearance with Senator Ted Cruz, Musk claimed that the U.S. government has “14 magic money computers” that create money out of thin air. His comments, delivered with characteristic bluntness, suggest a fundamental flaw in government accounting, comparing it to a company so mismanaged it would be “delisted immediately” if it were public. The claim set the internet ablaze, with social media users scrambling to decipher whether Musk was exposing a financial conspiracy or simply misrepresenting how government money works.

Elon Musk and Minnesota Governor Tim Walz exchanged heated words online over Tesla's stock decline. Walz mocked Musk's financial losses, and the billionaire responded with a sarcastic rebuttal. As Tesla's value plummets, the billionaire's growing political power remains a source of contention.

Elon Musk's travel to Mars will be deemed safe after tech mogul's mother visits the red planet. Neil deGrasse Tyson doesn't think very highly of tech billionaire Elon Musk's desperate desire to send humans to Mars and the two have been at loggerheads over the topic for long. In an exclusive interview to NDTV, Neil deGrasse Tyson cracked the joke while speaking about the future of space tourism and if he was interested. «I joke about this — if you want me to get on an Elon rocket, I'll say first have him send his mother to Mars and back. Then I will go and know it's safe,» he told NDTV when asked about space exploration. ALSO READ: US recession chances thrice the normal rate now? Harvard Professor sounds alarm amid Trump's tariff initiative

Kim, furious about the association, may reconsider custody arrangements. However, she reportedly fears Kanye's ability to reveal Kardashian family secrets, escalating the conflict. Kim Kardashian made a polite statement just as his declining mental health was ending their marriage. Having been diagnosed with bipolar disorder, she urged fans to have «compassion and empathy» for Kanye West, calling him «a brilliant but complicated person,» as quoted in a report by the Daily Mail. Kanye's actions, such as his tirades about being a Nazi on X and his public displays of his second wife, Bianca Censori, at the Grammys, must have tried Kim's patience numerous times in the years since, but she has largely remained silent to protect their kids. The rapper has now crossed a line, though.

Neymar is back in the spotlight for the wrong reasons. The Brazilian soccer star is being accused of cheating for allegedly attending a party with 20 escorts. Despite the allegations, Neymar and his pregnant girlfriend, Bruna Biancardi, appear to be standing together, denying any wrongdoing. The scandal comes as he deals with injuries and career setbacks, as per reports.

The latest filings with the US Securities and Exchange Commission (SEC) revealed that insiders have disposed of more than $100 million worth of Tesla shares since early February, reported ABC News. The selloffs have raised questions about whether the actions are an indicator of bad news to come for the company or merely a normal course of business, according to the report.

step down as Tesla's CEO. Investors are concerned that his multiple commitments, particularly his government role, are harming the company.

anti-Tesla protests, while her ex-husband continues to support Elon Musk.

Elon Musk, tech billionaire and US President Donald Trump's close ally, has claimed that his life was at risk over his role in the Trump administration and drastic cuts made to the federal workforce by a newly created department- DOGE. The Department of Government Efficiency (DOGE) has been created by US President Donald Trump and led by the world's richest man has been tasked with cutting US government jobs and other spending. Musk is leading the effort to drastically reduce the federal workforce and weed out what he sees as taxpayers' money being wasted. In an exclusive interview to Fox News, Musk said, «They basically want to kill me,» over the drastic and potentially illegal cuts made at DOGE has made to the federal government and workforce. ALSO READ: Canada under siege: Is Trump planning a 'Canschluss'?

Subscribe to enjoy similar stories. The "catfish effect", named after the practice of adding catfish to tanks of cod to keep them active during transportation, describes how a strong competitor can energize a stagnant market. Tesla’s entry into India could be just the jolt the country's electric vehicle (EV) industry needs.

Donald Trump’s second term, his partnership with Elon Musk continues to baffle political observers as the duo doubles down on their public camaraderie. This week, Trump flaunted his support for Musk by showcasing Tesla vehicles on the White House lawn, declaring plans to purchase one for official use. Hailing Musk as a “patriot,” Trump’s endorsement drew swift backlash from critics who called it a blatant promotion of Musk’s corporate interests.

The driver carved out the words — alongside a silhouette of Musk's now infamous 'salute' he gave at an inaugural event in Washington, DC. ALSO READ: As Tesla tanks, Musk’s chosen board chair stands strong as a badass woman in business world

Texas is continuing to stake a claim as a rival to Wall Street as a key financial hub in the United States, with Gov. Greg Abbott on Tuesday saying his state has a «stronger brand than New York.»

BEIJING — Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up, Zeekr CEO Andy An told CNBC ahead of a launch event Tuesday.

BYD has unveiled a megawatt charging system that it says can charge an EV as quickly as filling up a fuel tank, and said it will build a network across China, igniting a new super charging race. Here are more details about the Chinese electric vehicle giant's new technology and why the fast-charging space is attracting interest: WHY DOES FAST-CHARGING EV TECHNOLOGY MATTER? Drivers sceptical of EVs have cited worries that their batteries could go flat during long-distance drives, prompting automakers to come up with fast-charging as well as battery-swapping technology as solutions.