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The Latest Breaking News from Elon Musk

Tesla reports steep drop in profits despite US rush to buy electric vehicles

Carmaker exceeded Wall Street’s expectations with more than $26bn in revenue, but saw a 37% drop in profits

The Guardian - US

Tesla reports record sales, record storage—but profit slips as tax-credit rush pulls demand forward

Tesla posted all-time highs in vehicle deliveries and energy storage deployments in Q3, lifting revenue, but compressed automotive margins and a pull-forward surge before U.S. EV tax credits expired weighed on earnings and set up a tougher Q4 demand backdrop.

Fortune

Tesla Profits Tumble On Higher Costs, Tariff Drag

Tesla reported a hefty drop in profits Wednesday, citing a drag from tariffs and other expenses that more than offset a lift from increased auto sales.

International Business Times

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Record Tesla sales can’t help Musk avoid massive profit decline as company pursues bets on robotaxis and AI

Tesla has weathered attacks on dealers and boycotts since Elon Musk became more involved in politics

The Independent UK

Musk's Net Worth Nears $500B Again as xAI Eyes $20 Billion Nvidia-Chip Deal for Colossus 2 Data Centre

Elon Musk's net worth is on an upward trend after steeply dropping from a record $500 billion weeks ago. His venture xAI is planning a mega chip deal with Nvidia to power its supersize data centre in Memphis.

International Business Times UK

'Sean Dummy': Why is Elon Musk attacking the acting NASA chief?

Elon Musk has hammered acting NASA chief Sean Duffy repeatedly on social media over the past few days, calling him "Sean Dummy" and claiming he's "trying to kill NASA." Here's what may be going on.

Space

Elon Musk takes another shot at Transport Secretary Sean Duffy over NASA role: ‘He need moar brainz!’

The tech billionaire has called Duffy ‘dangerously stupid’ and campaigned for SpaceX astronaut Jared Isaacman to replace him as NASA chief

The Independent UK

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Tesla's Reality Check: Can EV ETFs Regain Power After Earnings?

Tesla’s third-quarter results this week are proving to be more than just another report card on Elon Musk’s kingdom; they’re an acid test for the entire electric vehicle (EV) ETF universe.

Benzinga

What's Going On With Tesla Stock Wednesday?

Tesla, Inc. (NASDAQ:TSLA) shares are in the spotlight on Wednesday ahead of third-quarter earnings, which are due after the market close.

Benzinga

Tesla Analyst Says Elon Musk Will 'Be Heavy On Optimism And Light On Truth' For Q3 Earnings Call

A notable Tesla Inc (NASDAQ:TSLA) bearish analyst shares thoughts on what the company will report for third-quarter financial results and what CEO Elon Musk will say on the conference call.

Benzinga

Tesla Earnings Are Today. The Big Question: Will Its Cheaper Cars Work?

Tesla's sales and shrinking profit margins may not get fixed with the new Standard trim cars. Also, Uber gives drivers cash to go electric.

InsideEVs

23 Celebrities Who Lost Their Fanbases Practically Overnight

From pop icons to beloved actors, these 23 celebrities learned that public opinion moves faster than even a dedicated PR team can keep up with.

Bored Panda

What Is Elon Musk’s Total Salary in 2025?

Elon Musk’s 2025 compensation is in the billions. Find out what's in the deal and what Musk has to do to take home is earnings.

GOBankingRates

Prince Harry, Steve Bannon and Will.i.am join unlikely alliance to oppose development of super-powerful AI

Safety group says it’s no longer ‘nerds versus the nerds’ in fight to stop runaway AI

The Independent UK

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Benzinga

Tesla Board Chair Robyn Denholm Criticizes Proxy Advisors' 'One-Size-Fits-All' Approach To Elon Musk's $1 Trillion Pay Package

Tesla Inc. (NASDAQ:TSLA) Board of Directors Chair, Robyn Denholm, has criticized proxy advisory firms like International Shareholder Services (ISS) and Glass Lewis for opposing CEO Elon Musk's new compensation award, which could make him a trillionaire.

International Business Times UK

'Trying to Kill NASA': Elon Musk Accuses Acting Chief Sean Duffy of Botching the Lunar Program

Elon Musk ignited a fierce public feud with Acting NASA Administrator Sean Duffy, calling him 'Sean Dummy' and suggesting he had a '2-digit IQ' in a dramatic series of posts on X.

International Business Times

Netflix Plunges Nearly 7% After Earnings Miss — Is Elon Musk Behind It?

Netflix stock plunged nearly 7% after missing earnings forecasts, with some blaming Elon Musk's "Cancel Netflix" campaign for the drop.

Benzinga

Elon Musk Says X Messages Are Fully Encrypted With No 'AWS Dependencies' Or Advertising Hooks

On Tuesday, Elon Musk said that X, formerly Twitter, is fully encrypted, free from ads and operates independently of Amazon.com Inc.'s (NASDAQ:AMZN) Web Services.

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International Business Times UK

Tesla Faces Backlash Over Elon Musk's $1 Trillion 'Biggest Pay Package in History'

Proxy advisers ISS and Glass Lewis urge Tesla shareholders to reject Elon Musk's $1 trillion compensation plan — the largest CEO pay package in history.

Benzinga

Gary Black Expects 'Overwhelming Approval' For Elon Musk's Trillion-Dollar Pay Package Amid Proxy Advisor Opposition

Future Fund LLC's managing director, Gary Black, predicts a majority of shareholders will approve Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's trillion-dollar pay package during November's shareholder meeting.

Benzinga

Elon Musk Says Trump's Transportation Secretary Sean Duffy Is 'Trying To Kill' NASA

Billionaire and SpaceX CEO Elon Musk has sharply criticized a government official's reported plan to fold NASA into the Department of Transportation, calling it a threat to the agency's independence and U.S. space leadership.

Benzinga

Bernie Sanders Slams Jeff Bezos For Reportedly Replacing 600,000 Amazon Jobs With Robots: 'That's The Direction Of Every Major Corporation'

On Tuesday, Sen. Bernie Sanders (I-Vt.) criticized Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos for potentially replacing hundreds of thousands of jobs with robots, while Elon Musk weighed in on AI's broader impact on the workforce.

Benzinga

Ross Gerber Calls Elon Musk's Pay Packet 'Insanity,' Questions Whether Anyone On Tesla Board Negotiated The Trillion-Dollar Salary

Investment firm Gerber Kawasaki's co-founder Ross Gerber thinks that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's new trillion-dollar pay package could invite lawsuits in the near future.

The Independent UK

Prince Harry, Meghan join call for ban on development of AI 'superintelligence'

Prince Harry and Meghan have joined a diverse group, including Steve Bannon and Glenn Beck, to call for a ban on AI "superintelligence" that threatens humanity

Axios

Trump treats Bill Ackman, Steve Wynn and other big donors to White House dinner

The dinner illustrates how Trump rewards mega-donors who are aligned with his political agenda and interests.

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