Page 31 - Elon Musk

Tesla to import cars from Germany, not China, as India plans take shape

The Berlin factory, which produces the Tesla Model Y, is now likely to manufacture right-hand drive vehicles for the Indian market

Musk's companies set to add $613 bn in value since presidential election

Investors are eager to get close to Musk, the so-called first buddy, who poured money into President Trump's campaign and is now running the administration's controversial cost-cutting efforts

President Trump eyes giving taxpayers cut of DOGE savings amid uproar

The remarks were the latest signal that Trump is working to justify his DOGE effort, which has sent shockwaves through Washington as Musk's moves to slash the federal government's spending

US agriculture dept tries to rehire fired workers tied to bird flu response

The Agriculture Department is scrambling to rehire several workers who were involved in the US government's response to the ongoing bird flu outbreak that has devastated egg and poultry farms over the past three years. The workers were among the thousands of federal employees eliminated on the recommendations of billionaire Elon Musk 's Department of Government Efficiency that is working to carry out Trump's promise to streamline and reshape the federal government. Republican Rep Don Bacon said the administration should be more careful in how it carries out the cuts. "While President Trump is fulfilling his promise to shed light on waste, fraud, and abuse in government, DOGE needs to measure twice and cut once. Downsizing decisions must be narrowly tailored to preserve critical missions," said Bacon, who represents a swing district in Nebraska. The bird flu outbreak has prompted the slaughter of roughly 160 million birds to help control the virus since the outbreak began in 2022. M

Hundreds of current, ex-federal employees rally against firing of workers

Hundreds of current and former federal employees rallied on Wednesday outside the Department of Health and Human Services headquarters, protesting recent firings and their effect on public health, and directing much of their ire at Elon Musk and his agency's efforts to cut spending. "We are here today to fight for the future of science, to fight for your family's future, to give the American people hope," said Ian Fucci, a cancer researcher at the National Institutes of Health. "Consider the medications you rely on for diabetes, heart disease or cancer. These were developed in large part due to NIH and NIH-funded researchers. Is destroying years of progress into research really serving the American people? No." Amid frigid temperatures and light snow, attendees chanted slogans such as "Funding, not freezes" and "Stand up, fight back". They carried signs proclaiming, "Protect civil servants because they protect you!" and "In science we trust". Many said they were there to fight the .

DOGE notches courtroom wins as Elon Musk crusades to slash US federal govt

Although some parts of US President Donald Trump 's agenda are getting bogged down by litigation, Elon Musk 's Department of Government Efficiency is having better luck in the courtroom. Labour unions, Democrats and federal employees have filed several lawsuits arguing that DOGE is running roughshod over privacy protections or usurping power from other branches of government. But judges appointed by Democratic and Republican presidents haven't always gone along with those arguments, at least so far. Most notably, DOGE critics are failing to obtain temporary restraining orders that would prevent Musk's team from accessing sensitive government databases. "It is not the job of the federal courts to police the security of the information systems in the executive branch," wrote US District Judge Randolph Moss in a case involving the Office of Personnel Management. Moss was appointed by President Barack Obama. The success is striking given the other challenges that Trump has faced in the

Musk's X in talks to raise money at $44 billion valuation: Report

Musk bought X for the same price in 2022, but some investors including Fidelity Investments have sharply written down the value of their stake as the platform struggled to retain advertisements

DOGE says it saved $55 billion, itemised data show only $16.6 bn of that

Treasury Secretary Scott Bessent echoed claims that DOGE had found an estimated $50 billion savings so far

Musk claims Biden left Williams, Wilmore in space for 'political reasons'

Donald Trump and his advisor Musk claimed that the previous Joe Biden administration was going to leave NASA astronauts Sunita Williams and Butch Wilmore in space

Can 'Make in India' help Tesla navigate increasing global roadblocks?

After prolonged speculation about Tesla's entry into the Indian market, the Elon Musk-led EV major has begun the process of setting up its manufacturing unit in India

Musk's Tesla may face licensing delays in China amid Trump tariff threats

Chinese authorities may be considering leveraging Tesla's approval process as a strategic tool in ongoing trade negotiations with the US government

Musk takes on Fort Knox: Who can confirm the US still holds $425 bn in gold

Elon Musk questions whether $425 billion-worth gold reserves are safe in Fort Knox, challenging the strict security measures and lack of transparency

Swiss politician Meret Schneider threatened for urging social media ban

Green Party politician has spoken about the need to regulate social media and argued that Switzerland is lagging behind in doing so

US will go bankrupt: Musk criticises high trade deficit, tax expenditure

Musk said that US President Donald Trump inherited a $2 trillion trade deficit, warning that "America will go bankrupt" if it fails to bring the deficit under control

Trump explains why he couldn't find anyone 'smarter' than Musk to lead DOGE

Since Musk took over, DOGE has targeted wasteful spending in federal agencies, backing Trump's push to restructure the government - an effort that has also led to thousands of job cuts

In 1st joint interview, Trump backs Musk's efforts to enforce exec orders

Donning a t-shirt reading 'tech support' during the interview, Elon Musk described his primary function as assisting US President Donald Trump with technological matters

Trump, Musk target tax enforcers, scientists, bank regulators for job cuts

White House has not said how many people it plans to fire and has given no numbers on the mass layoffs

DOGE effort has saved estimated $50 billion so far, says US treasury secy

He added the cost-cutting effort could eventually lead to several percent of GDP that we are saving

US judge denies request to halt Musk's access to federal agencies for now

US District Judge Tanya Chutkan in Washington rejected a bid for immediate court intervention from Democratic state attorneys general who contend Musk is exercising power to reshape the US government

They have lot more money: Trump on $21 mn fund for India's 'voter turnout'

While he acknowledged his respect for India and its Prime Minister Narendra Modi, Trump criticised the idea of funding voter turnout initiatives in the country