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.
Category: Tesla Motors Inc
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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.
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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.
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Markets Slump on Persistent Concern That Tariffs Will Hurt Growth
Trump’s tariffs continued to jar investors on Monday as stocks in Asia mostly fell and the U.S. dollar weakened.
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Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Overall sales of electric vehicles rose almost 11 percent in the first three months of the year as traditional carmakers offered new models.
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Tesla Halts Orders in China on U.S. Imported Models
The removal of an “order” button from Tesla’s Chinese website came after Beijing raised tariffs on American imports in response to President Trump’s levies against the country.
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Elon Musk Calls Peter Navarro a ‘Moron’ in Escalating Tariff Fight
The feud between two of President Trump’s top advisers is playing out as the administration’s new tariffs have caused huge losses across global financial markets.
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Used Tesla Market Heats Up as Owners Sell to Protest Elon Musk
Teslas that have been sold or traded in during the backlash against the company’s chief executive have become bargains on lots.
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Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
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Tesla Sales Are Slumping, Even in the Most E.V.-Friendly Place
Elon Musk’s involvement in right-wing politics contributed to fewer deliveries in Norway the first quarter, though other factors also played a role.
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Specter of Auto Tariffs Spurs Some Car Buyers to Rush Purchases
“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.
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How to Invest in a Time of Stock Market Turmoil and Economic Uncertainty
People with bond and international stock funds have held their own, despite a shaky U.S. stock market and the uncertainty and turmoil flowing from the White House.