Tesla

DOGE ‘blowback’ not only challenge for refocused Musk with sliding Tesla sales

April 27, 2025

Elon Musk is looking to reinvigorate Tesla sales, admitting in an earnings call that the electric car company has suffered "blowback" from his work with President Donald Trump's Department of Government Efficiency cost-cutting task force. Musk, Tesla’s CEO, told investors that he’s going to scale back his DOGE activities to spend more time with Tesla, […]

Jon Stewart Reveals Elon Musk ‘Ghosted’ Him After Interview Offer

April 27, 2025

Jon Stewart shared a major update on Thursday about the possibility of a Daily Show sit-down with Elon Musk. It seemed like it might actually happen—until Musk “ghosted” the host. “Judging from his most recent revelations of his baby mamas, I think everyone has been left on read at some point by that gentleman,” Stewart […]

Trump takes executive action targeting ActBlue, the main Democratic fundraising platform

April 27, 2025

President Donald Trump signed an executive memorandum Thursday aimed at investigating ActBlue, the leading Democratic fundraising platform. The memorandum directs Attorney General Pam Bondi to “investigate allegations regarding the unlawful use of online fundraising platforms to make 'straw' or 'dummy' contributions or foreign contributions to political candidates and committees, and to take appropriate action to […]

S&P 500 Index Today: Earnings Beats Boost the SPX

April 26, 2025

The S&P 500 (SPX) index saw limited movement on Friday, allowing it to close out the week with a slight gain. This comes alongside news of the U.S. getting closer to a trade deal with Japan. This is part of President Donald Trump’s tariffs strategy, which includes a hold on high tariffs to allow for […]

Sentiment Says Bear, Market Hints Otherwise

April 26, 2025

Wall Street Sentiment is Historically Bearish “It is easy in the world to live after the world’s opinion; it is easy in solitude after our own; but the great man is he who, in the midst of the crowd, keeps with perfect sweetness the independence of solitude.” ~ Ralph Waldo Emerson Emerson’s quote is powerful, […]

How ‘megaforces’ led BlackRock to declare Bitcoin is decoupling from stocks

April 26, 2025

“Crypto over the long run is decoupled from tech stocks,” said Jay Jacobs, BlackRock’s US head of equity ETFs. It’s the first time the asset manager has recognised the divergence. Bitcoin has been trading inversely to stocks. It all began as a narrative from Bitcoin advocates. Now the largest asset manager in the world is […]

Trump praises Elon Musk as ‘patriot, a brilliant guy, and a friend of mine’ amid DOGE exit

April 25, 2025

Elon Musk may be easing off his role at the Department of Government Efficiency (DOGE ), but President Donald Trump isn't easing off his praise. On Wednesday, Trump praised Musk's smarts and patriotism during an executive order signing in the Oval Office, brushing off critics and defending the tech mogul’s work on federal reform. "He’s […]

Tesla: Trump and Musk’s Achilles heel?

April 25, 2025

Tesla is becoming the Achilles heel of the alliance between Elon Musk and Donald Trump. So far in 2025, the company has suffered a 71% drop in profits, faced acts of vandalism in the United States, organized boycotts in Europe and an increasingly negative public perception. Beyond the slowdown in the electric car market, what […]

Tesla stock rises after Musk says time at DOGE will drop ‘significantly’

April 25, 2025

Tesla (TSLA) stock rose 3% in early trade Wednesday after CEO Elon Musk said he would spend more time at Tesla and less time in Washington, D.C., news that overshadowed a challenging quarter for the company that saw results come in far below Wall Street forecasts. "Starting early next month, in May, my time allocation […]

Tesla CEO Musk says time he spends on DOGE will drop ‘significantly’ next month

April 25, 2025

Elon Musk, CEO of Tesla Inc., in the Oval Office of the White House in Washington, D.C., on Feb. 11, 2025. Tesla CEO Elon Musk began his company's earnings call on Tuesday by saying that his time spent running President Donald Trump's so-called Department of Government Efficiency will drop "significantly" starting in May. Musk, who […]