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The Latest Breaking News from Elon Musk

Earnings and trade hopes send FTSE 100 to new high

The FTSE 100 index closed up 76.88 points, 0.9%, at 9,138.37, a new closing peak.

The Independent UK

Elon Musk Led A Spending Cut Crusade — Then His Startup Got A $200 Million Contract To Build Custom AI For The Government He Tried To Shrink

Elon Musk once made headlines for targeting bloated government spending. Now his AI company is cashing in on it.

Benzinga

Ike Barinholtz cast as Elon Musk in OpenAI film from Luca Guadagnino

Emmy-nominated actor to play co-founder of OpenAI in Artificial, said to be set during Sam Altman’s firing and rehiring as CEO

The Guardian - UK

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Musk Predicts a “Few Rough Quarters” Ahead. Is Tesla Stock Still a Good Buy?

Tesla believes it is in a transition period, and the road ahead could be rough.

Barchart

Stocks Gain on Tech Earnings and US Labor Market Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.21%. September E-mini S&P futures (ESU25 ) are up +0.23%, and September E-mini Nasdaq futures...

Barchart

Tesla Stock Is Slipping Despite Musk’s Bold Promises. Should You Buy TSLA Here?

Tesla stock is trading lower today after missing Q2 estimates. While CEO Elon Musk yet again repeated that TSLA would one day become the world’s most valuable company, markets are not buying that argument, at least for now.

Barchart

Tesla Is In For A Rough Spell. Musk Believes Autonomy Will Save It

Meanwhile, Tesla's brand image is absolutely cooked. Plus, The U.S. built fewer than 400 chargers with $7.5 billion in federal funding.

InsideEVs

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Elon Musk admits ‘rough’ times ahead for Tesla as company focuses less on selling cars, more on robo-taxis

Many prospective buyers have been turned off by Musk’s foray into right-wing politics

The Independent UK

Stocks Supported by Strong Earnings from Alphabet

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. September E-mini S&P futures (ESU25 ) are up +0.08%, and September E-mini Nasdaq futures...

Barchart

Elon Musk Has Almost 4 Million Times More Money Than You — Here’s What That Looks Like

It's hard to wrap your head around the concept, so GOBankingRates did some math to put it in perspective.

GOBankingRates

Tesla faces ban from selling cars in California

Autopilot and Full Self-Driving features have been blamed for deadly accidents

The Independent UK

Elon Musk–Sam Altman Rivalry To Come Alive In Amazon MGM's Upcoming Film 'Artificial', With Ike Barinholtz Likely To Play Musk: Report

Ike Barinholtz, the actor known for his role in Apple’s “The Studio,” is in talks to play Elon Musk in an upcoming AI-themed film, “Artificial.” The movie, directed by Luca Guadagnino, is set to be released by Amazon MGM Studios, owned by Amazon.com Inc. (NASDAQ:AMZN).

Benzinga

Treasonous Conspiracy

Plus: Columbia settles, State Department releases murderer, and more...

Reason

Tesla Faces Profit Slump and Shrinking European Market Share as Musk Warns of Rough Quarters Ahead

A tumultuous period lies ahead for Tesla as profits decline and its European market share shrinks. Elon Musk warns of "rough quarters" due to expiring US tax credits.

International Business Times UK

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Fortune

Tesla sells off after Elon Musk scraps his 2025 sales growth target and warns, ‘We could have a few rough quarters’

The Tesla CEO hosted an earnings call once more long on promises and short on specifics, especially regarding his month-old robotaxi service that has logged only 7,000 driverless miles.

GOBankingRates

You’d Need To Work for 3.5 Million Years To Match Elon Musk’s Net Worth — Here’s the Math

Someone making around $115,000 annually, or $55 per hour, would need to work 3.5 million years to accumulate that amount of money.

GOBankingRates

Are You Smarter Than Elon Musk? If So, You Can Avoid His 5 Money Mistakes

Musk might be a genius billionaire, but he has made mistakes.

The Independent UK

AI-themed film to depict drama at Elon Musk company

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Benzinga

As Elon Musk, Mark Zuckerberg And Sam Altman Chase Nvidia AI Chips, Jensen Huang Says 'Just Call Me' — Here's How Allocation Really Works

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang revealed the company’s straightforward chip allocation process during Wednesday’s All In Podcast, dismissing concerns about favoritism among tech titans competing for scarce artificial intelligence processors.

Benzinga

Elon Musk's Starlink-Powered T-Satellite Aims To End Dead Zones — But Expert Warns: 'This Will Bite T-Mobile' After 12-Month Deal Ends

T-Mobile US Inc.‘s (NASDAQ:TMUS) newly launched T-Satellite service, powered by Elon Musk's Starlink, could backfire on the telecom giant once a speculated 12-month exclusivity deal ends, highlights Peter Adderton, the founder of MobileX and Boost Mobile.

Benzinga

Gene Munster Says Tesla's Cheaper Model Y Is Like Apple's iPhone Strategy—But Warns It May Cannibalize Sales

Deepwater Asset Management's co-founder Gene Munster thinks the affordable Tesla Inc. (NASDAQ:TSLA) Model Y trim level will cannibalize the existing Model Y.

The Independent UK

Elon Musk film eyes up The Studio actor for starring role

Reports suggest the film follows a tumultuous period at the artificial intelligence company OpenAI

Benzinga

Tesla Stock Falls Over 6% Pre-Market After Q2 Miss — Elon Musk Warns Of 'Rough Few Quarters' Ahead

Tesla Inc. (NASDAQ:TSLA) is down by over 6% in pre-market trading following the company's Q2 earnings call with investors.

The Guardian - UK

Tesla’s European sales slump as Musk warns of ‘rough quarters’ ahead

Electric carmaker struggles to emerge from sales rut on continent despite updating its bestselling Model Y

Benzinga

Tesla CFO Urges Customers To Order Now Or Risk Delay As Trump Nixes $7,500 EV Credit

Tesla Inc.'s (NASDAQ:TSLA) Chief Financial Officer, Vaibhav Taneja, has cautioned that President Donald Trump's regulatory changes could impact the EV giant's inventory.

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