Page 18 - Elon Musk

'So tempting to escalate': Musk fires back as Trump hints at deportation

US President Donald Trump threatens to review Elon Musk's citizenship and EV subsidies as tensions over a Republican tax bill mount; Musk hints at retaliation but says he'll hold off - for now

Last-minute twist in xAI deal brings Barclays, MUFG, and UBS on board

Barclays Plc, Mitsubishi UFJ Financial Group Inc. and UBS Group AG were added to the recent bond and loan sale for Elon Musk's artificial intelligence startup

Musk risks losing govt contracts worth billions as Trump feud reignites

Elon Musk may find out what happens when DOGE bites man. The billionaire SpaceX, Tesla and X owner who catapulted his zealous embrace of President Donald Trump into a powerful position slashing government spending now risks sweeping cuts to his own bottom line after resuming the feud that led to their very public bitter split last month. Musk's renewed heckling of Trump's big tax breaks and spending cuts bill, which passed the Senate on Tuesday, threatens to put billions of dollars of his government contracts in jeopardy if Trump retaliates. The rupture of their tenuous peace has resulted in a wobbling of the stock price of a market-moving company and led the president to muse about deporting Musk to his native South Africa. In a Frankenstein-style twist, as Musk volleyed fresh critiques about the cost of Trump's signature legislation, Trump mused Tuesday about turning Musk's Department of Government Efficiency back on its creator. DOGE is the monster that might have to go back an

Musk threatens new political party against Trump | One Big Beautiful Bill | Trump vs Musk | US News

As the US Senate debates Donald Trump’s tax and immigration bill, Elon Musk launches a blistering attack, calling the bill “insane” and vowing to launch a new political party if it passes.

Elon Musk threatens new political party if GOP backs Trump's policy Bill

That was the saber-rattling declaration of Elon Musk, should Republicans on Capitol Hill pass President Trump's sweeping domestic policy bill

Without subsidies, Musk would probably have to head to South Africa: Trump

Donald Trump made these remarks after Elon Musk criticised cuts to clean energy credits in the Senate version of the EV bill and hinted at launching a political outfit

Musk threatens to form new party over Trump's 'insane' $5 trn spending bill

Elon Musk criticises Trump's debt ceiling bill as 'fiscally reckless', warns Congress members of primary losses

Musk's xAI raises $5 billion each in fresh debt, equity: Morgan Stanley

The proceeds will support xAI's continued development of AI solutions, a data center and its flagship Grok platform

Musk lashes out at tax bill supporters, threatens to unseat lawmakers

Musk warned that the proposed cuts to EVs and other clean energy credits would be "incredibly destructive" to the country, destroying millions of jobs and giving "handouts to industries of the past"

Elon Musk renews criticism of Trump's big bill as it faces key Senate vote

Elon Musk on Saturday doubled down on his distaste for US President Donald Trump's sprawling tax and spending cuts bill, arguing the legislation that Republican senators are scrambling to pass would kill jobs and bog down burgeoning industries. The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country, Musk wrote on X on Saturday as the Senate was scheduled to call a vote to open debate on the nearly 1,000-page bill. It gives handouts to industries of the past while severely damaging industries of the future. The Tesla and SpaceX CEO, whose birthday is also Saturday, later posted that the bill would be political suicide for the Republican Party". The criticisms reopen a recent fiery conflict between the former head of the Department of Government Efficiency and the administration he recently left. They also represent yet another headache for Republican Senate leaders who have spent the weekend working overtime to get the

Starlink set to receive final regulatory approval for India market launch

Starlink awaits final authorisation from space regulator IN-SPACe; ground infra and security clearance still pending for India launch

Tesla Model Y makes driverless delivery with no human input, says Musk

The Tesla CEO said a Model Y SUV drove from the Austin factory to a customer's home with no one inside, as the firm steps up its push into autonomy and software-led growth

Appeals court returns peace institute to Trump admin with temporary stay

A federal appeals court panel on Friday stayed a lower court ruling that blocked the Trump administration from moving forward with dismantling the US Institute of Peace, an organisation taken over in March by the Department of Government Efficiency, then led by Elon Musk. The three-judge panel with the US Appeals Court for the District of Columbia Circuit issued the stay, saying the Trump administration's appeal of US District Court Judge Beryl Howell's opinion would likely succeed on the merits. The stay added that the president would face "irreparable harm from not being able to fully exercise his executive powers." The judges said in their decision that the nonprofit think tank that focuses on peace initiatives engaged in activities that fall under the purview of the executive branch. The appeal's court action is the latest turn in the government's shutdown of the USIP, which had been turned back over to the organisation's board and acting president following Howell's May 19 ...

'Your cuts will kill 8 mn more children': Bill Gates warns US government

Bill Gates said US global health aid cuts are already delaying medicines, weakening disease prevention, and could undo decades of progress in child mortality reduction

SpaceX seeks return of debris, rejects Mexico's pollution complaint

Sheinbaum said on Wednesday that SpaceX's Starship rocket launches in Texas have polluted an area in Mexico with debris

Tesla executive Omead Afshar, Elon Musk confidant, leaves company: Report

Afshar, who was part of the CEO's office at Tesla, had started overseeing sales and manufacturing operations in Europe and North America last year

Elon Musk bans hashtags from ads on X, calls them 'esthetic nightmare'

Elon Musk, in December 2024, had called hashtags "ugly" and said that the system no longer needs them; now calls them an "aesthetic nightmare" as X bans hashtags from all ads starting June 27

Jeff Bezos speaks to Trump as he seeks more govt contracts for Blue Origin

The efforts by Bezos and his team came days after a fallout was witnessed between Trump and Musk in early June. Musk, who was once the closest ally of Trump and served as one of his top advisers

Musk's robotaxis under probe after video shows wrong-lane driving in Texas

Federal traffic safety regulators are looking into suspected problems with Elon Musk's test run of self-driving "robotaxis" in Texas after videos surfaced showing them braking suddenly or going straight through an intersection from a turning lane and driving down the wrong side of the road. The National Highway Traffic Safety Administration said Tuesday that it has asked Tesla for information about the apparent errors. Though many other videos show robotaxis driving perfectly, if regulators find any major issues, that would likely raise questions about Musk's repeated statements that the robotaxis are safe and his claim that Tesla will dominate a future in which nearly all cars on road will have no one behind the wheel or even need a steering wheel at all. "NHTSA is aware of the referenced incidents and is in contact with the manufacturer to gather additional information," the agency said in a statement. Passengers in Tesla robotaxis on the road in Austin, Texas, have generally bee

Tesla launches robotaxi pilot in Texas, faces tough road to mass rollout

For years, Musk has said Tesla would soon operate its own autonomous ride-hailing service and also turn any Tesla, new or used, into a cash-generating robotaxi for its customers