Category: Musk, Elon

Tesla Chair Denies That Board Sought to Replace Elon Musk

Robyn Denholm, who leads Tesla’s board, said on social media that board members were “highly confident” in Mr. Musk, the company’s chief executive.
How Much Time Will Musk Devote to Tesla?

The carmaker denied a report that its board had explored finding a successor to Elon Musk. But even if he sticks around, he and the company face big challenges.
Trump’s 100-Day Economic Report Card

Market chaos and economic uncertainty has been a feature of the president’s first few months back in office. DealBook breaks down the milestones, and what to expect next.
New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff

Emails and testimonials from workers at the Consumer Financial Protection Bureau document the administration’s efforts to lay off 90 percent of the employees.
Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices

Electric vehicles will get even more expensive, but prices for Teslas and some other models may not rise as much as prices for some conventional cars.
What Elon Musk Didn’t Budget For: Firing Workers Costs Money, Too

An expert on the federal work force estimates that the speed and chaos of Mr. Musk’s cuts to the bureaucracy will cost taxpayers $135 billion this fiscal year.
Elon Musk Backs Away From Washington, but DOGE Remains

The Department of Government Efficiency has already made an immense imprint on the government, but it has not come close to Elon Musk’s pledge of cutting $1 trillion.
Elon Musk Warns China’s Rare Earth Restrictions May Delay Tesla Robots

China’s halt this month on exports of magnets containing heavy rare earth metals has affected Tesla’s plans to manufacture Optimus robots.
Tesla’s Falling Profit May Pressure Elon Musk to Return to Day Job

The carmaker is expected to report a decline in quarterly earnings after Tesla’s brand suffered because of its chief executive’s role in the Trump administration.
Inside a Union’s Fight Against Trump’s Federal Job Cuts

Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.”
The Trump Billionaires Who Run the Economy and the Things They Say

“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.
Head of I.R.S. Being Ousted Amid Treasury’s Power Struggle With Elon Musk

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his knowledge.