Tesla shares fell sharply after Elon Musk announced a new political party, intensifying his feud with Donald Trump over a controversial spending bill passed by Congress.
U.S. Treasury Secretary Scott Bessent has urged Elon Musk to steer clear of politics and prioritise his companies, after the Tesla CEO announced the formation of a new political party in defiance of President Donald Trump.
Investment firm Azoria Partners announced it would delay the launch of its Tesla ETF following Elon Musk's declaration of forming a new U.S. political party.
Posting on X on Saturday evening, Musk wrote: “By a factor of 2 to 1, you want a new political party and you shall have it! Today, the America Party is formed to give you back your freedom.”
Tesla’s new car registrations plunged sharply in June, dropping 64.4% in Sweden and 61.6% in Denmark compared to last year, highlighting growing challenges for the U.S. electric vehicle maker in these Nordic markets.
Billionaire Elon Musk has vowed to form a new political party if Donald Trump’s massive spending bill is passed by Congress, slamming it as evidence of a “one-party country.”
U.S. President Donald Trump suggested reviewing subsidies granted to Elon Musk’s companies to save federal funds, reigniting a public feud after Musk’s sharp criticism of the government’s latest tax and spending bill.
Tesla has begun a small-scale robotaxi trial in Austin, Texas, deploying about 10 self-driving cars to pick up paying passengers in a limited area, as the state enacts new regulations for autonomous vehicles.
U.S. President Donald Trump has warned that there could be “serious consequences” if Elon Musk provides financial support to Democratic candidates challenging Republicans who back Trump’s tax-cut bill, signalling a sharp turn in their previously cordial relationship.
This edition of Newshour explores the roots and ripple effects of President Trump’s clash with Elon Musk. AnewZ correspondent Oubai Shahbandar joins the program to unpack the political and economic stakes, while residents of Oakland, California share how the dispute resonates on the ground.
SpaceX launched its Falcon 9 rocket carrying the SXM-10 satellite for SiriusXM early Saturday, marking another success despite rising political tensions.
An escalating feud between Elon Musk and Donald Trump threatens to disrupt key U.S. space programs and jeopardize $22 billion in government contracts with SpaceX.
Elon Musk has launched a scathing attack on President Donald Trump’s flagship tax and spending legislation, criticizing it as a “disgusting abomination” and warning it could harm Tesla’s business.
Donald Trump and Elon Musk held a final press conference in the Oval Office to mark the official end of Musk’s role as head of the Department of Government Efficiency (DOGE).
Elon Musk announced Wednesday that he is leaving his role as a special adviser to President Donald Trump, ending a rocky chapter marked by major government layoffs, agency cuts, and political pushback.
Elon Musk has officially stepped down from his role in the Trump administration, bringing an end to his involvement in the Department of Government Efficiency (DOGE), a cost-cutting initiative he helped lead.
SpaceX's latest Starship launch from Texas ended in an uncontrolled spin before completing key mission goals, highlighting fresh challenges for Elon Musk’s ambitious Mars program.
The bitter public feud between tech giants Elon Musk and Bill Gates has escalated, as Gates blames Musk for cutting off aid to vulnerable populations—while Musk counters by questioning Gates’ moral authority over his ties to convicted sex offender Jeffrey Epstein.
Elon Musk confirmed he plans to stay as Tesla’s chief executive for at least five more years. Speaking at the Qatar Economic Forum, Musk said despite pressure over his ties to Donald Trump’s administration, he remains committed to leading the electric car company.
NATO's top transformation commander has issued a stark warning: Europe risks being left behind in the increasingly militarized space race, outpaced by private players like Elon Musk and strategic rivals such as China and Russia.
Elon Musk announced he will sharply reduce his involvement in the Trump administration’s Department of Government Efficiency starting next month, shifting focus back to Tesla amid mounting investor pressure and falling sales.
Elon Musk announced on Saturday that he plans to visit India later this year, following a discussion with Indian Prime Minister Narendra Modi about potential collaboration in technology and innovation.
Tech billionaire Elon Musk, CEO of Tesla, made direct appeals to U.S. President Donald Trump over the weekend to reverse newly imposed tariffs, according to a report from the Washington Post.
A jury trial in the lawsuit filed by billionaire Elon Musk against OpenAI will begin in spring 2026, as determined by U.S. District Judge Yvonne Gonzalez Rogers on Friday.
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