Aug 04 Musk is getting millions of Tesla shares worth about $29 billion after judge ordered his pay package revoked By Michelle Chapman, Associated Press Tesla is awarding CEO Elon Musk 96 million shares of restricted stock. In December Delaware Chancellor Kathaleen St. Jude McCormick reaffirmed her earlier ruling that Tesla must revoke Musk’s multibillion-dollar pay package. Continue reading
Jun 11 Elon Musk backs off from feud with Trump, saying he regrets social media posts that 'went too far' By Associated Press Musk earlier deleted a post in which he claimed without evidence that the government was concealing information about the president's association with infamous pedophile Jeffrey Epstein. Trump has said he has no desire to repair their relationship. Continue reading
Jun 05 How Trump and Musk's relationship flamed out By Michelle L. Price, Associated Press Donald Trump and Elon Musk’s alliance took off like one of SpaceX’s rockets. And then it blew up. Continue reading
May 01 Musk defends work at DOGE but gives hazy answers on his future By Michelle L. Price, Associated Press In an interview with reporters at the White House, Musk gave hazy answers about the work he’d been doing and DOGE’s future and seemed taken aback by the intense backlash he’d encountered. Continue reading
Apr 27 Elon Musk lost popularity as he gained power in Washington, AP-NORC poll finds By Chris Megerian, Amelia Thomson-Deveaux, Associated Press Musk spent years building cachet as a business titan and tech visionary, brushing aside critics and skeptics to become the richest person on the planet. But as he gained power in Washington in recent months, his popularity has waned, according to… Continue reading
Apr 23 Watch 6:16 Tesla revenue falls sharply as Musk faces political backlash By John Yang, Karina Cuevas, Azhar Merchant Elon Musk says he’ll scale back his time with DOGE and focus more of his time on Tesla. That announcement came as Tesla reported its net income plunged 71 percent and car sales revenue dropped 20 percent. Musk defended his… Continue watching
Apr 23 How Tesla and other companies are dealing with tariff turmoil By Damian J. Troise, Associated Press Tariff and trade shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. Continue reading
Apr 22 Musk says he'll step back from DOGE to focus on Tesla as company sees 71 percent drop in Q1 profits By Bernard Condon, Associated Press The company has faced angry protests over Musk's leadership of a federal government jobs-cutting group, a role some investors claimed distracted the CEO from leading Tesla. Continue reading
Apr 14 The growing list of political violence in the U.S. By John Seewer, Associated Press Pennsylvania Gov. Josh Shapiro angrily called for an end to rising political violence just hours after a man broke into the governor’s mansion and set it on fire. Continue reading
Apr 02 Tesla sales tumble as Musk backlash, competition and aging lineup turn off buyers By Bernard Condon, Associated Press The 13 percent drop is likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash from Musk’s embrace of right wing politics. Continue reading