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The Latest Breaking News from Elon Musk

Elon Musk Says Optimus, AI Will Enable 'Excellent' Healthcare—Cathie Wood Sees $50 Billion AI Compute Need

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk believes that the company’s Optimus Humanoid robot, as well as its Artificial Intelligence efforts, will enable accessible healthcare for all in the future.

Benzinga · Jul 7

UK Extends £100,000 Political Donation Cap to Recent Returnees

UK's new political finance rules: recent arrivals must wait a year before donating over £100,000 to curb foreign influence. Learn how it affects wealthy donors and political parties.

International Business Times UK · Jul 7

Gavin Newsom, Robert Reich Say Elon Musk's DOGE Damage Will 'Never Be Forgotten' as Fourth of July Sunset Clause Takes Effect

Gov. Gavin Newsom (D-CA) and economist Robert Reich delivered heavy criticism of Elon Musk-led Department of Government Efficiency (DOGE) on Monday as the organization officially shut down over the weekend.

Benzinga · Jul 7

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Bitcoin in Trump Accounts? Pres Says 'Something Could Happen,' Dells, SpaceX Back Billions in Donations

Trump says Bitcoin could eventually play a role in Trump Accounts as Dell and SpaceX pledge billions to expand the children's investment programme.

International Business Times UK · Jul 7

‘The risks are growing and the resources are shrinking’: Experts blame DOGE cuts for intensifying the Ebola outbreak, which has killed more than 500

U.S. humanitarian foreign aid fell from $14 billion in 2024 to $3.7 billion last year, in large part a result of the gutting of USAID.

Fortune · Jul 6

SpaceX president gifts $320M in company stock to fund new Trump Accounts

Trump Accounts were launched to mark America’s 250th anniversary

The Independent UK · Jul 6

EXCLUSIVE: Tesla Thinks the Money Is in Robots. This CEO Says the Bigger Opportunity Starts After They're Sold

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk has made no secret of his ambitions for humanoid robots, predicting that machines like Optimus could one day outnumber the company’s cars. But one robotics executive believes investors may be overlooking where the industry’s biggest opportunity really lies.

Benzinga · Jul 6

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Elon Musk's bid to set aside Twitter fraud verdict rejected by US judge

U.S. District Judge Charles Breyer in San Francisco also denied Musk's motion to decertify the class of investors, and granted the investors' motion for prejudgment interest. The judge did, however, find Musk not liable for one of his challenged tweets.

The Economic Times · Jul 6

Elon Musk Says Optimus Production WIll be 'Extremely Slow at First': Tesla Stock Reacts Negatively

Tesla's stock fell 7.5% after Elon Musk clarified that Optimus robot production will be slow initially due to its complexity.

International Business Times UK · Jul 6

SpaceX president to donate company stock to Trump Accounts; Katie Miller does the '$325 million' math

SpaceX president Gwynne Shotwell announced that she and her husband will be donating company stock to the Trump Accounts of more than 2 million American children. The announcement comes days after Trump said in an interview with CNBC that he expects Elon Musk to donate SpaceX stock to the program.…

The Times of India · Jul 6

'Outrageous': Senator Slams Elon Musk for Paying Same Social Security Tax as an 'Electrician'

US Senator Patty Murray has accused Elon Musk of paying the same Social Security tax as a $185,000‑a‑year electrician, reigniting a fierce debate over how America taxes its first trillionaire.

International Business Times UK · Jul 6

Not just Elon Musk, retail investors are losing money in Tesla and SpaceX crash. What should you do?

The sharp correction in Tesla and SpaceX has dented retail investors' portfolios, including those of Indians investing in US stocks. Experts say the selloff reflects a broader repricing of AI-linked stocks and advise investors to review portfolio allocation, risk appetite and investment horizon instead of reacting to short-term volatility.

The Economic Times · Jul 6

DOGE Officially Shuts Down After Reaching Trump-Set July 4 Deadline

The Department of Government Efficiency (DOGE) announced in a post on X over the weekend that its formal mission had ended after the temporary agency reached the sunset date established by President Donald Trump‘s executive order. The announcement came after the U.S. DOGE Service Temporary Organization reached its scheduled termination…

Benzinga · Jul 6

AI altering meaning of users’ drafts on issues from abortion to climate, study finds

Researchers say small changes in drafting could spread rapidly and create long-term shifts in public opinion

The Guardian - UK · Jul 6

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Benzinga · Jul 6

Elon Musk Says Space Is 'the Only Way to Scale at Scale' for AI Computing Amid Earthbound Bottlenecks

Elon Musk on Sunday emphasized the need for orbital infrastructure to prevent artificial intelligence (AI) computing from being held up by Earth’s limits and regulatory bottlenecks.

Benzinga · Jul 6

US Tech Sector Pushes Back Against UK’s Child Safety Social Media Regulations

Britain’s plan to bar under‑16s from major social platforms has opened a new front in its increasingly strained relationship with Washington and the US tech sector.

Benzinga · Jul 6

Michael Burry Rejects Claims He Was Wrong on Nvidia, Tesla and Housing Bets

The ‘Big Short’ Investor Michael Burry on Sunday disputed claims that several of his past market calls, including ones on Nvidia Corp. (NASDAQ:NVDA), Tesla Inc. (NASDAQ:TSLA) and another U.S. housing market crash, had proved wrong after an X account challenged his investing record.

Benzinga · Jul 6

Gary Black Says Tesla's Q2 Delivery Beat Was Fueled by Iran War-Driven Gas Price Spike, Expects TSLA to Rebound Ahead of Earnings

Investor Gary Black of The Future Fund LLC has reiterated that Tesla Inc.‘s (NASDAQ:TSLA) second-quarter 2026 delivery beat came due to elevated gas prices amid the war in Iran.

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Benzinga · Jul 6

Elon Musk Slammed for Paying the Same Social Security 'Taxes' as an Electrician, Ross Gerber Explains Why the Outrage Isn't Valid

Sen. Patty Murray (D-WA) criticized Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk for paying the same social security taxes as an ordinary American, but investor Ross Gerber disagrees with the lawmaker’s criticism.

Benzinga · Jul 6

MrBeast Says America Gave Him 'Freedom' to Chase Dreams, Tim Cook Calls 'Our Country' a Testament to 'Power of Possibility' as US Celebrates 250 Years

Over the weekend, America’s 250th birthday drew patriotic tributes from some of the biggest names in technology and business, while President Donald Trump used the landmark celebration to deliver a sharply political speech warning that the nation faces a “communist menace.”

International Business Times UK · Jul 5

Elon Musk's 'Chainsaw for Bureaucracy' Just Left an $11 Billion Budget Hole as Trump Rehires Staff

Elon Musk's dramatic cost‑cutting experiment in Donald Trump's second term has ended with the shutdown of the Department of Government Efficiency and an $11 billion hole in the US budget.

Benzinga · Jul 5

This Week in Tesla: Tesla Stock Tumbles Despite Delivery Beat, New Model Y L and More

The past week brought a mixed bag of news for Tesla Inc. (NASDAQ:TSLA) and Elon Musk, as despite impressive Q2 delivery numbers, the electric vehicle giant’s stock took a hit. Here’s a recap of all the major stories:

The Independent UK · Jul 5

Elon Musk’s DOGE quietly shuts down as agencies begin rehiring

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International Business Times UK · Jul 5

DOGE Initiative Shuts Down After Letting Unqualified Teenagers Rummage Through Private Sensitive American Records

Elon Musk's Department of Government Efficiency, created by Trump, ends amid legal disputes and contested savings claims, leaving a controversial legacy in federal workforce management.

International Business Times UK · Jul 5

SpaceX AI Phone Rumours Explained: Report Claims Investors Were Shown a Slim Prototype After Elon Musk's Denial

SpaceX has quietly shown investors a slim AI phone prototype, months after Elon Musk publicly denied any phone plans, raising fresh questions over his wider tech ambitions.

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