Tesla's shares are on track to erase the $700 billion post-election bump that stemmed from expectations that CEO Elon Musk's relationship with the president would benefit the company.
March 7, 2025Elon Musk News Updates
Tesla Erases $700 Billion ‘Trump Bump’
Congressional Democrats Question Actions of Musk-Led DOGE
Congressional Democrats are pushing back on White House and Elon Musk efforts to halt transportation initiatives launched during the Biden administration.
March 6, 2025‘Armored Teslas’ Vanish From Government Procurement List
The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla in relation to a planned $400 million armored EV purchase after reports emerged about it on Feb. 12.
February 13, 2025Ontario Cancels Deal With Musk’s Starlink
Ontario’s premier said his government is ending its contract with Starlink, the Elon Musk-controlled satellite company.
February 3, 2025Tesla’s Market Value Surges Despite EV Demand Concerns
The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
January 29, 2025Duffy Vows to Not Protect Musk in NHTSA Probe of Tesla
Sean Duffy, President-elect Donald Trump’s nominee to lead USDOT, promised to not interfere with ongoing NHTSA investigations into Tesla if confirmed as secretary.
January 15, 2025House Passes Spending Plan Hours Before Shutdown Deadline
The spending bill would keep the government open through March 14, provide disaster relief and give billions of dollars in economic aid to farmers. It will not suspend the national debt limit.
December 20, 2024Trump Faces Setback as House Nixes Spending Plan
The bill failed by a vote of 235 to 174, with 38 Republicans voting against it in defiance of both Trump and Musk. Nearly all Democrats voted against the spending package.
December 19, 2024Tesla Shares Jump to Record Amid $515 Billion Rally
Tesla shares climbed to a record for the first time since November 2021, buoyed by optimism the company’s self-driving ambitions can get a boost under the forthcoming Trump administration.
December 11, 2024Newsom, Musk Clash Over California EV Incentive Plan
Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.
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