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The Latest Breaking News from Elon Musk

Musk’s never been more powerful so why are Tesla shares tanking?

Sales of electric vehicles are down as Musk’s involvement in politics becomes a ‘distraction’, experts say.

Al Jazeera

Tesla Says It Could Face Retaliatory Tariffs

Many U.S. businesses have expressed concerns about Trump's tariffs, but Tesla's statement stands out because the company is led by Elon Musk, a close ally of the president.

International Business Times

Tesla is getting pummeled in the stock market, but Elon Musk's other companies are having a field day in the secondary market—especially xAI

The cumulative value of SpaceX, Neuralink, the Boring Company, and xAI has shot up 45% since last November.

Fortune

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DOGE Says $400M In Taxpayer Dollars Saved In 2 Days, Elon Musk Laments 'Corruption' Attacks

DOGE said Thursday that it was able to save $400 million in taxpayer money in the last two days after it canceled some contracts and grants – Elon Musk has been speaking up on opposition over his department's downsizing strategies.

International Business Times

Putin mulls over US-Ukrainian ceasefire proposal – but the initial signs aren’t positive

While Donald Trump’s special envoy was en route to Moscow to talk about a possible ceasefire deal with his opposite numbers in the Kremlin, Vladimir Putin enjoyed a meet-up with his old friend Alexander Lukashenko, the president of Belarus, and the atmosphere was reportedly congenial.

The Conversation

Elon Musk's Tesla warns company could be harmed by Trump's tariffs

Tesla representatives have asked the Trump administration to consider the “downstream impacts” of policies to address unfair trade practices

Evening Standard

WFP Says Funding Shortfall Forces It To Cut Food Aid To 1 Mn People In Myanmar

The World Food Programme will be forced to cut off one million people in war-torn Myanmar from its vital food aid because of "critical funding shortfalls", it said on Friday.

International Business Times

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Keir Starmer is having his chainsaw moment – but all he will slash is democracy

The PM sounds like Elon Musk when promising to fight the ‘blockers’, but his government’s plans will weaken the link between peoples and politics, says Guardian columnist Simon Jenkins

The Guardian - UK

Tesla tells US government Trump trade war could ‘harm’ EV companies

Letter from Elon Musk’s firm to US trade representative warns of ‘downstream impacts’ of tit-for-tat tariffs

The Guardian - UK

Musk’s entitlement remarks show Trumpworld can’t keep its story straight

The billionaire foreshadows cuts to Medicare and social security – despite Trump’s campaign pledges

The Guardian - US

US Postal Service Signs Deal With Elon Musk's DOGE For Reform, Plans 10,000 Job Cuts

In a letter to Congress on Thursday, Postmaster General Louis DeJoy revealed that the USPS will work with DOGE to help fix "big problems" and reduce costs. As part of the plan, the agency will cut 10,000 jobs over the next month through a voluntary early retirement program.

International Business Times

US Shutdown Threat Piles Pressure On Government Hit By Trump Cuts

The US government was hours from shutting down Friday as Democrats smarting over President Donald Trump's spending cuts threatened to block his federal funding plans -- although hopes were high for a resolution to the impasse.

International Business Times

Super Micro CEO Charles Liang said he teamed up with Elon Musk’s xAI to build the gargantuan Colossus data center in just 122 days

The 750,000 square foot AI supercomputer in Memphis has 100,000 Nvidia GPUs, and Super Micro says it is the largest data center in the world.

Fortune

A president touting Musk’s cars from the White House shows this: the Tesla boycott really irks him

Trump has met a force he cannot control: people’s ability to parade their anger and distaste through consumer choice, says Guardian columnist Gaby Hinsliff

The Guardian - UK

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The Independent UK

Asian shares advance, despite Wall Street's tumble, as China pledges to boost consumer spending

Asian markets have shrugged off another decline on Wall Street, with markets in China advancing after banks and other financial institutions were ordered to do more to help spur more consumer spending

The Independent UK

Musk’s own Grok chatbot declares Democrats better for the economy than Republicans

Better not tell Donald Trump

The Independent UK

DOGE lease cancellations: Which government offices could be closed this year and when

The General Services Administration, working with Elon Musk’s Department of Government Efficiency, has notified landlords that federal agencies will be terminating hundreds of leases for offices and buildings in the coming months

The Independent UK

Hundreds of federal offices could begin closing this summer at DOGE's behest, internal records show

Elon Musk's Department of Government Efficiency is listing all the federal real estate leases it is ending, but new records obtained by The Associated Press show when those cancellations are expected to take effect

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The Independent UK

Union rages after Elon Musk shares X post that ‘Hitler didn’t murder millions, public sector workers did’

‘Our nurses, teachers, firefighters, librarians ... are not, as the world’s richest man implies, genocidal murderers,’ fires back angry union president

International Business Times

Most Asian Markets Rise On Hopes For Bill To Avert US Shutdown

Asian investors fought Friday to grind out gains at the end of a painful week for markets as they welcomed signs US lawmakers will avert a government shutdown but remained fearful over Donald Trump's trade war.

The Independent UK

USPS agrees to work with DOGE on reform, planning to cut 10,000 workers

Postmaster General Louis DeJoy has agreed to cut 10,000 workers and billions of dollars from the U.S. Postal Service budget

The Guardian - US

Chuck Schumer to vote for Republican funding bill to avert shutdown

Minority leader laments ‘Hobson’s choice’ but says shutdown would give Trump and Musk ‘carte blanche’

The Independent UK

Republicans get behind effort to make hating Elon Musk domestic terrorism

Representative Marjorie Taylor Greene and her colleagues appear to be stepping up the pressure on the FBI and the Attorney General to investigate instances of Tesla vandalism as acts of domestic terrorism, which Donald Trump has championed.

The Independent UK

Shots fired at Tesla dealership as backlash against Elon Musk grows

Police in Oregon say gunshots were fired at a Tesla dealership for the second time in a week

The Independent UK

Senate Democrats signal they won’t pick a shutdown fight while DOGE has the reins

Analysis: Schumer says a shutdown isn’t worth the risk, but Democrats could face an equal risk by not showing a spine, John Bowden writes.

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