Elon Musk Becomes World’s First $500 Billion Man — Briefly Elon Musk, the billionaire behind Tesla and SpaceX, has become the first person in history to briefly cross the $500 billion net worth mark, according to Forbes’ Real-Time Billionaires tracker. The 54-year-old’s wealth touched $500.1 billion on Wednesday before slipping slightly to $499.1 billion, fueled […]
Trump Calls Musk’s New Political Party ‘Ridiculous’ One day after Elon Musk announced he’s starting a new political party in the U.S., former President Donald Trump spoke to reporters before boarding Air Force One in New Jersey. Trump said, “Starting a third party is ridiculous. We already have great success with the Republican Party. The […]
Tesla Needs Strong Sales to Avoid Another Bad Year Tesla has to sell over one million cars in the second half of this year to avoid another yearly sales drop. But some experts think that might be hard because of economic problems caused by new tariffs and the possibility that tax credits for electric cars […]
Former U.S. President Donald Trump made strong comments after Elon Musk criticized a new government bill that cuts taxes and increases spending. Musk promised to try and remove lawmakers who supported the bill, even though they had promised to reduce government spending. Trump responded by saying Musk has received more money in government help (subsidies) […]
Elon Musk Slams New Spending Bill, Criticizes Trump and Lawmakers After staying quiet for a few weeks, Elon Musk has spoken out again about a new government spending bill. The fight started with former President Donald Trump, and now Musk is loudly criticizing the bill. On Saturday, as the U.S. Senate discussed the bill, Musk […]
The launch of Starlink, which provides high-speed internet access to remote locations using low Earth orbit satellites, has sparked fierce debate in India over issues ranging from predatory pricing to spectrum allocation. Communications minister Jyotiraditya Scindia said he held a “productive meeting” with Gwynne Shotwell, president and chief operating officer of Starlink owner SpaceX. Shotwell […]
Musk said on Wednesday he regretted some of the posts he made about Trump as they had gone “too far,” a gesture the U.S. president described as “very nice,” in the latest sign of a tentative reconciliation between the two men. Billionaire businessman Elon Musk backed off digs he took at President Donald Trump after […]
“I regret some of my posts about President @realDonaldTrump last week. They went too far,” Musk wrote on his social media platform X. Musk’s expression of regret came just days after Trump threatened the tech billionaire with “serious consequences” if he sought to punish Republicans who voted for a controversial spending bill. Their blistering break-up […]
Several fiscally conservative Republicans in the US Senate supported the views Musk expressed in social media posts, which could complicate the bill’s path to passage in that chamber. “I’m sorry, but I just can’t stand it anymore,” Tesla and SpaceX CEO Musk wrote in a post on his social media platform X.. “This massive, outrageous, […]
India will significantly cut import taxes for foreign automakers that pledge to invest in domestic EV production lines. The policy, which has been in the works for a year, was originally designed to attract Tesla to set up manufacturing in the country, but CEO Elon Musk put his investment plans for India on hold last […]
