Musk, Tesla and Grok
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4don MSN
Tesla CEO Elon Musk is lashing out at Wedbush Securities analyst Dan Ives, telling the technology analyst to "Shut up." On his social media platform X on Tuesday, the billionaire posted "Shut up, Dan,
Tesla CEO Elon Musk didn't appear to like Wedbush analyst Dan Ives' suggestion that the company should rein in Musk's time spent on politics.
LinkedIn cofounder and top Democratic donor Reid Hoffman said he's "very sympathetic" to Musk's core cause of reining in deficits.
Mr. Musk’s involvement in politics and his financial support for the president’s campaign were once seen by investors as a benefit to Tesla, fueling a steep rise in company shares after the election last year. That association has now turned into a liability. Tesla shares are down 40 percent from their peak in December.
Tesla shares fell sharply in early trading Monday after CEO Elon Musk said he will launch a new political party.
3don MSN
Tesla has scheduled an annual shareholder meeting for November, one day after it came under pressure from major shareholders to do so.
Though Trump and Musk are on the outs, workers with longstanding ties to the Tesla billionaire remain embedded in the government.
Copper and pharmaceuticals are getting hit with the tariff stick and the price is steep says President Trump who is promising more trade deals. Stocks remain volatile amid the uncertainty, but investors are piling into Nvidia lifting its market cap to new record.