Category Archives: Elon Musk

Elon Musk’s proposed new political party could focus on a few pivotal congressional seats

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Billionaire said his ‘America party’ would try to turn attainable House and Senate seats to decide major issues

The new US political party that Elon Musk has boasted about possibly bankrolling could initially focus on a handful of attainable House and Senate seats while striving to be the decisive vote on major issues amid the thin margins in Congress.

Tesla and SpaceX’s multibillionaire CEO mused about that approach on Friday in a post on X, the social media platform which he owns, as he continued feuding with Donald Trump over the spending bill that the president has signed into law.

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‘A billion people backing you’: China transfixed as Musk turns against Trump

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Tesla CEO’s feud with US president dominates Chinese social media, with many praising his ‘tech-driven mindset’

Few break-ups have as many gossiping observers as the fallout between the once inseparable Donald Trump and Elon Musk.

The ill-fated bromance between the US president and the world’s richest man, which once raised questions about American oligarchy, is now being pored over by social media users in China, many of whom are Team Musk.

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Musk vows to unseat lawmakers who support Trump’s one big beautiful bill

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Tesla CEO also threatened forming an ‘America Party’ if the bill, which would increase US deficit by $3.3tn, is passed

Elon Musk has vowed to unseat lawmakers who support Donald Trump’s sweeping budget bill, which he has criticized because it would increase the country’s deficit by $3.3tn.

“Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame! And they will lose their primary next year if it is the last thing I do on this Earth,” he wrote on his social media platform, X.

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Doge employee ‘Big Balls’ has resigned, says White House official

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One of Doge’s best-known workers Edward Coristine, 19, quits a month after his former boss Elon Musk’s departure

One of the US so-called “department of government efficiency” (Doge) service’s best-known employees, 19-year-old Edward Coristine, has resigned from the US government, a White House official said on Tuesday, a month after the acrimonious departure of his former boss Elon Musk.

The White House official gave no further details on the move and Coristine did not immediately return an email seeking comment.

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‘They went too far’: Musk says he regrets some of his posts about Trump

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Tesla share price rises as former head of president’s ‘efficiency’ drive seems to retreat from explosive falling out

Elon Musk has expressed contrition for some of his tweets about Donald Trump last week, in an apparent effort to retreat from an explosive falling out that has threatened to damage the Tesla boss’s business interests.

Musk was by far the biggest donor to Trump’s presidential campaign, but tensions between the two erupted into public view last week and rapidly escalated, as the world’s richest man called for the president’s impeachment and mocked his connections to the sex offender Jeffrey Epstein in a series of posts.

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LA police announce ‘mass arrests’ as Newsom intensifies criticism of Trump | First Thing

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Protesters defy overnight curfew as California governor issues searing rebuke of administration. Plus, who is behind the hedonistic party palaces of New York’s Fire Island?

Good morning.

Los Angeles police have announced they are making “mass arrests” in the city’s downtown area, as people gathered in defiance of an overnight curfew imposed after days of protests against Donald Trump’s immigration crackdown and military deployment.

What has Newsom said? Trump’s decision to deploy the national guard in LA was “a brazen abuse of power”, that has “inflamed a combustible situation”, Newsom said in a searing rebuke of the administration.

What about Trump? In an address to troops at the Fort Bragg military base in North Carolina yesterday, Trump spread conspiracy theories, maligned California’s Democratic leaders and misleadingly portrayed protesters as part of a “foreign invasion”.

Were they really armed by Israel? Yes. Israeli defence officials acknowledged last week that they had been arming the group, with the aim of undermining Hamas. Aid workers said the group had a long history of looting from UN trucks.

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Trump warns Musk of ‘very serious consequences’ if he backs Democrats

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US president says he’s ‘too busy doing other things’ to try to reconcile with erstwhile ally and campaign backer

Donald Trump warned Elon Musk on Saturday that he faces “very serious consequences” if he funds Democratic candidates following the pair’s epic public bust-up this week.

The warning, delivered in an interview with NBC News scheduled to broadcast on Sunday, follows days of feuding and threats after Musk called Republicans’ budget legislation an “abomination”.

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The Trump-Musk feud shows danger of handing the keys of power to one person

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A billionaire’s vendetta has threatened to cut off the US from the ISS and complicate national defense

After a year of effusive praise and expressions of love for each other, Elon Musk and Donald Trump exploded their political partnership in dramatic fashion this week. The highly public split included, among other highlights, the world’s richest person accusing the president of the United States of associating with a notorious sex offender. Trump said Musk had “lost his mind”.

As Musk and Trump traded insults, each on his own social network, they also issued threats with tangible consequences. Trump suggested that he could cancel all of Musk’s government contracts and subsidies – “the best way to save money”, he posted – a move that would have devastating consequences not only on the tech billionaire’s companies but also on the federal agencies that have come to depend on them. Musk responded by announcing that he would begin decommissioning the SpaceX Dragon spacecraft that Nasa relies on for transport missions, although he later reversed the decision.

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Eyes on Senate Republicans as Trump and Musk feud over tax and spend bill

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Lawmakers still weighing whether to pass ‘Big, Beautiful Bill’ at root of rift between US president and tech boss

As the simmering tensions between Donald Trump and his once top adviser, the billionaire Elon Musk, erupted into public view on Thursday, eyes turned to the Republican lawmakers still weighing whether to pass the president’s so-called “Big, Beautiful Bill”.

It was approved by just a single vote in the House of Representatives with no Democratic support last month, and nonpartisan analysts have found the sweeping legislation could add a whopping $2.4tn-$5tn to the $36.2tn US national debt and make deep cuts to Medicaid and food-assistance programs. Seen as an outline of Trump’s “America first” agenda, the bill would also extend tax cuts, fund beefed-up immigration enforcement and impose new work requirements for enrollees of federal safety net programs.

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Tesla share plunge amid Trump feud wipes $152bn off Elon Musk’s company

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Car company’s shares dropped by 14.2% and its billionaire CEO’s net worth reduced by $8.73bn

Tesla’s shares dropped by about 14.2% on Thursday at market close, wiping roughly $152bn off the value of the company as a feud between Elon Musk and Donald Trump erupted into public view. The former political allies traded threats and insults through posts on their respective social media platforms throughout the afternoon as the company’s price fell.

Trump suggested on Truth Social that he could cut Musk’s government subsidies and contracts, of which both Tesla and SpaceX have been immense beneficiaries. Musk meanwhile threatened to decommission the SpaceX spacecraft that Nasa relies on for transport missions, called for Trump’s impeachment, derided the president’s signature tariffs and accused him of being affiliated with the notorious sex offender Jeffrey Epstein. Musk said late Thursday evening his company will not decommission its spacecraft.

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Trump travel ban to ‘sow division and vilify communities’ – US politics live

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President brings in ban for visitors from 12 countries and restricts travel from a further seven

Donald Trump has ordered an investigation into Joe Biden’s actions as president, alleging top aides masked his predecessor’s “cognitive decline”.

The investigation will build on a Republican-led campaign already under way to discredit the former president and overturn some of his executive actions, including pardons and federal rules issued towards the end of his term in office.

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Trump praises Elon Musk for ‘colossal change’ as Doge adviser says farewell

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US president presents top ally with golden key as Musk says Doge unit ‘will only grow stronger over time’

Donald Trump saw Elon Musk off from the White House on Friday, as the Tesla chief concluded his more than four months leading the so-called department of government efficiency’s disruptive foray into federal departments that achieved far fewer cost savings than expected.

Standing alongside Trump in the Oval Office, Musk, who faced a 130-day limit in his tenure as a special government employee that had ended two days prior, vowed that his departure “is not the end” of Doge.

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First Thing: Federal court blocks Trump from imposing ‘illegal’ sweeping tariffs

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The ruling says Trump exceeded authority in imposing sweeping tariffs. Plus, Elon Musk confirms government exit

Good morning.

A federal trade court has ruled Donald Trump’s sweeping tariffs regime illegal, a dramatic twist that could block the president’s controversial global trade policy.

What was the ruling? Tariffs typically need to be approved by Congress but Trump has so far bypassed that requirement by claiming that the country’s trade deficits amounted to a national emergency. The court’s ruling said Trump’s tariff orders “exceed any authority granted to the president … to regulate importation by means of tariffs”.

How are markets reacting? Global markets cheered the ruling, with the US dollar rallying along with indexes in France, Germany, Japan, and futures for the US S&P 500, Dow Jones and Nasdaq indexes rising.

What’s next? The Trump administration has already filed to appeal. White House officials attacked the court, calling it “unelected”.

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Musk is pivoting from DC and Doge’s failures – and wants investors to know

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The billionaire mogul is signaling far and wide that he’s back to business, and even criticizing Trump’s tax bill

Elon Musk really wants the public – and investors – to know that he’s leaving Washington DC behind.

In a series of interviews and social media posts this week, Musk has criticized Donald Trump’s marquee tax bill and emphasized his recommitment to leading SpaceX, Tesla and the artificial intelligence company xAI. The world’s richest person claimed that he was back to working around the clock at his companies – to the point of sleeping in conference rooms and factory offices once again.

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Tesla wins council approval for new factory in South Australia despite vocal anti-Musk sentiment

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Marion council votes to seek state government approval for battery factory in Adelaide despite hundreds of submissions opposing it

Elon Musk’s Tesla is one step closer to opening a factory in an Adelaide suburb despite overwhelming community opposition from “anti-Tesla and anti-Elon Musk sentiment”.

On Tuesday night the City of Marion council voted to seek state government approval to sell the site to a developer who will build the factory.

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How Donald Trump’s ‘historic’ Gulf state deals benefit a handful of powerful men

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The deals stand to enrich tech CEOs substantially by opening up new audiences for their products

On his tour of the Middle East this week, Donald Trump announced a slew of multibillion-dollar tech deals with the leaders of Saudi Arabia, the United Arab Emirates and Qatar. With the sale of the US’s most advanced technology, he also sold the American model of the industry that made it: enormous amounts of power concentrated in the hands of a few men.

The announcements poured in last week: the US and the United Arab Emirates agreed on Abu Dhabi as the site of the largest artificial intelligence campus outside the US. The deal reportedly allows the UAE to import half a million Nvidia semiconductor chips, considered the most advanced in the world for the creation of artificial intelligence products. Saudi Arabia struck a similar deal for semiconductors, obtaining the promise of the sale of hundreds of thousands of Nvidia Blackwell chips to Humain, an AI startup owned by its sovereign wealth fund. Cisco said it had signed a deal with a UAE AI firm to develop the country’s AI sector. The agreements also directed some investment by Saudi firms into US technology and manufacturing. Amazon Web Services and Qualcomm likewise announced deals on cloud computing and cybersecurity.

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Elon Musk’s AI firm blames unauthorised change for chatbot’s rant about ‘white genocide’

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xAI’s Grok bot repeatedly referred to widely discredited claim about South Africa that has been touted by Donald Trump

Elon Musk’s artificial intelligence company has blamed an “unauthorised modification” for a glitch in its Grok chatbot that resulted in the tool ranting about “white genocide” in South Africa.

In a post on Musk’s X platform, xAI said new measures would be brought in to ensure its employees cannot modify the bot’s behaviour without extra oversight.

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Elon Musk shows he still has the White House’s ear on Trump’s Middle East trip

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Although Musk has pivoted from Doge, the Saudi summit shows how he’s retaining proximity to the US president

Over the course of an eight-minute interview, Elon Musk touted his numerous businesses and vision of a “Star Trek future” while telling the crowd that his Tesla Optimus robots had performed a dance for Donald Trump and the crown prince of Saudi Arabia, Mohammed bin Salman, to the tune of YMCA. He also announced that Starlink, his satellite internet company, had struck a deal for use in Saudi Arabia for maritime and aviation usage; looking to the near future, he expressed his desire to bring Tesla’s self-driving robotaxis to the country.

“We could not be more appreciative of having a lifetime partner and a friend like you, Elon, to the Kingdom,” Saudi Arabia’s minister of communications and IT, Abdullah Alswaha, told Musk.

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Elon Musk’s company town: SpaceX employees vote to create ‘Starbase’

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Residents – most of them SpaceX workers – in remote Texas community approve plan to create new city

Voters in a small patch of south Texas voted on Saturday to give Elon Musk a town to call his own, officially creating a new city called Starbase in the area where Musk’s SpaceX holds rocket launches.

A couple of hundred residents of what was previously known as Boca Chica decided to make their unincorporated neighborhoods into a town that will grant them the authority to pass city ordinances.

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Mass resignations at labor department threaten workers in US and overseas, warn staff – as more cuts loom

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Exclusive: Insiders sound alarm over ‘catastrophic’ impact of widespread departures and cuts under Trump

A “catastrophic” exodus of thousands of employees from the US Department of Labor threatens “all of the core aspects of working life”, insiders have warned, amid fears that the Trump administration will further slash the agency’s operations.

The federal agency has already lost about 20% of its workforce, according to employees, as nearly 2,700 staff took retirement, early retirement, deferred resignation buyouts or “fork in the road” departures earlier this year.

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