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The Latest Breaking News from Elon Musk

Elon Musk Says Tesla Could Face 'A Few Rough Quarters' As EV Incentives Expire And Trump Tariff Pressures Mount

Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, warned that the company was entering a challenging period as federal EV credits wind down and tariff-related headwinds begin to mount.

Benzinga

European Central Bank leaves interest rates unchanged despite trade war uncertainty – as it happened

Live, rolling coverage of business, economics and financial markets as policy rate left at 2%

The Guardian - UK

Elon Musk Aims To Deploy Robotaxis To Serve Half The US Population By The End Of 2025, Targets Million Optimus Units Annually 'As Fast As It's Humanly Possible'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk just shared some ambitious targets for the electric vehicle giant during Wednesday's second-quarter earnings call with investors.

Benzinga

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Tesla Stock Drops After-Hours, Analysts Lament Lack Of 'Clear Metrics,' Balance Sheet Pressure And Legal Risks: Elon Musk Gave 'Ton Of Ammunition' To Lawyers Suing Him

Leading analysts react to Tesla Inc.’s (NASDAQ:TSLA) second-quarter earnings call, flagging a range of concerns regarding the company and its current direction.

Benzinga

Elon Musk's Tesla Sits On $284 Million Bitcoin Windfall In Q2, Refuses to Cash Out

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported Wednesday unrealized gains of over $280 million on its cryptocurrency holdings in the second quarter, thanks to a 30% jump in Bitcoin’s (CRYPTO: BTC) price.

Benzinga

Tesla, Alphabet, Chipotle, IBM, And Nvidia: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market witnessed a positive session today, with the Dow Jones index climbing over 500 points, or 1.1% to 45,010.29. The NASDAQ saw a rise of 0.6% to 21,020.02, while the SP 500 increased by almost 0.8% to 6,358.91.

Benzinga

Elon Musk says Tesla will start adding vehicles it doesn’t own into its robotaxi network next year

The Austin-based EV company is still working on taking safety drivers out of the passenger seats and expanding into new cities.

Fortune

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Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’

He said his ownership stake is "a major concern," noting he hoped the Tesla board addresses the issue at its annual shareholder meeting in November.

Fortune

Trump signs executive orders targeting ‘woke’ AI models and regulation

Crackdown would streamline the building of datacentres and remove environmental protections

The Guardian - US

Elon Musk, Richest Man Alive, Is Asked How He Feels About Being Labeled 'Evil Billionaire' — 'It's Not Like I've Got Some Massive Cash Balance'

If you're expecting Elon Musk to apologize for being rich, don't hold your breath. During a 2021 sit-down with the team behind The Babylon Bee—the satire site known for spoofing everything from politics to pop culture—Musk got personal about his money, his taxes, and what he really thinks of those…

Benzinga

Fast internet is getting in the way of understanding the universe, scientists warn

The rush for faster and more widely available internet is making it harder to understand the cosmos, according to scientists.

The Independent UK

Tesla Reports 16% Profit Drop To $1.2 Bn On Lower Auto Sales

Tesla reported another drop in quarterly profits Wednesday on lower auto sales amid intensifying electric vehicle competition and lingering backlash over CEO Elon Musk's involvement in US politics.

International Business Times

Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings

Wall Street analysts had entered the earnings season with low expectations for Tesla. It underachieved.

Fortune

Tesla profit plunges in latest quarter as Musk's turn to politics continues to keep buyers away

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits fell sharply again in the latest quarter

The Independent UK

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We Got This Covered

‘Part of his daily routine’: Grok AI took one look at Trump’s antics and called it out for what it is

Only MAGA is fooled by Trump.

Windows Central

Atlantic allies turn to xAI and OpenAI — Why chatbots are now a matter of national strategy

OpenAI teams up with the UK as xAI scores $200M Pentagon deal

Al Jazeera

Trump administration unveils wide ranging AI action plan

The plan is said to put pressure on China and build new data centers in the US.

The Guardian - US

Tesla reports declines in revenue and profit amid shaky financial year

Steep drop in new car sales and stock price at electric car maker linked to Elon Musk’s role in Trump administration

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news in one place.

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International Business Times UK

Krispy Kreme Stock Becomes Latest Reddit Darling: Why It's Being Tied to GoPro to Boost Shares

Krispy Kreme's stock has surged roughly 27–35% over the past two sessions, driven almost entirely by meme‑stock momentum rather than any changes in its fundamentals.

Benzinga

As Earnings Season Heats Up, Tesla's Future Plans Are Under The Microscope

Tesla Inc (NASDAQ:TSLA) shares are trading flat Wednesday afternoon as investors are bracing for the electric vehicle giant’s second-quarter financial results, due after the market close. Here’s what investors need to know.

Barchart

Is the Tesla ‘Model Q’ Coming in 2025? These Top Analysts Think So.

Analysts at Deutsche Bank believe that Tesla may finally launch its affordable model this year.

Fortune

Elon Musk's Tesla Diner is a next step in the beleaguered EV-maker's plan to create an 'all-encompassing brand,' analyst Dan Ives says

The CEO is already eyeing expansion for his Tesla Diner dishing merchandise and food served by Optimus robots.

Tom’s Hardware

Elon Musk says xAI is targeting 50 million 'H100 equivalent' AI GPUs in five years — 230k GPUs, including 30k GB200s already reportedly operational for training Grok

Elon Musk's xAI aims to achieve 50 exaFLOPS of AI training compute — equivalent to 50 million H100 GPUs — within five years. Thanks to Nvidia's rapid performance scaling, it is more than doable even with less than a million GPUs, but that will likely require an immense amount of…

Latin Times

Mexican President Sheinbaum Said Government Is Investigating Musk's SpaceX Over Unauthorized Work In The Country

Mexican President Claudia Sheinbaum said different government agencies are investigating Elon Musk's SpaceX over unauthorized work in its territory

PC Gamer

Elon Musk's xAI is reportedly trying to borrow $12,000,000,000 for even more Nvidia GPUs, an impulse all PC gamers can truly understand

I've checked down the back of the sofa, and I'm not sure I can cover it.

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