The Latest Breaking News from Elon Musk

Tesla Inc. (NASDAQ:TSLA) has confirmed that the company will introduce more affordable models to the lineup as sales figures continue to fall throughout various markets.

One of the unique aspects of Washington life is a Senate “vote-a-rama,” in which the upper house of Congress tortures itself by pulling a marathon all-nighter of speeches, amendments and votes on a critical bill.

Major U.S. indices were mixed on Tuesday, with the Dow Jones Industrial Average rising 0.9% to 44,494.94 and the SP 500 declining 0.1% to 6,198.01. The Nasdaq fell 0.8% to 20,202.89.

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc. and Coinbase Global Inc. . These trades reflect Ark’s strategic positioning amid ongoing market developments. The transactions occurred as Tesla faced a dip in share price due to external factors, while Coinbase dealt with legal challenges.

Senate Republicans have managed to pass President Donald Trump’s massive tax-and-spending bill, a package that could add $3.3 trillion to the national debt. The legislation is now set to move to the House of Representatives for potential final approval.

Trump has set a July 4 deadline for bill, which extends tax cuts, slashes social safety nets and surges national debt.

NEWS ANALYSIS: The odds of a ‘John McCain moment’ look much dimmer after Murkowski approved Trump’s ‘big, beautiful bill’ while telling reporters she doesn’t like it, writes John Bowden

World's richest billionaire Elon Musk could be ready to influence future U.S. elections with a promise to create the American Party if the "Big Beautiful Bill" passes in Congress.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.89%. September E-mini S&P futures (ESU25 ) are down -0.12%, and September E-mini Nasdaq futures...