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Express News | Trump Says Elon Musk, Working in Conjunction With Vivek Ramaswamy, Will Lead the Department of Government Efficiency
Tesla Stock Retreats -- WSJ
Research firm Rho Motion: Global electric autos sales increased by 35% in October, with europe barely achieving growth.
Market research firm Rho Motion stated on Wednesday that global sales of all-electric and plug-in hybrid autos in October increased by 35% compared to the same period last year, with china seeing a 54% increase in sales.
Elon Musk Announced Tesla's Berlin Gigafactory 5 Years Ago Today: Here's How EV Giant's Mega Factory Has Evolved
Elon Musk to Lead New Government Department for Trump. Tesla Stock Should Be OK. -- Barrons.com
The AI Tipping Point: Half of CFOs Will Axe AI Investment If It Doesn't Show ROI Next Year
Elon Musk Could Slash Billions in Federal Spending With This One Move -- Barrons.com
Twitter's 'shadow president' Musk.
Elon Musk, the 'shadow president' of online governance, continues to stir up a storm on Twitter supporting Trump, hinting that he may try to dismiss 80% of government employees, abolish the Department of Education, declare the Federal Reserve unconstitutional, and work towards deregulating and cutting spending in the usa government.
Dow, S&P Decline Ahead Of Key Inflation Data, Tesla, Trump Media Slides: Fear Index Remains In 'Greed' Zone
Tesla Makes 1000 Powerwalls At Giga Nevada In A Day As Energy Storage Segment Booms
Tesla Falls 6% As Hedge Funds Carry Out 'Trump Trade' Rebalancing, Gary Black Says President-Elect Could Help Secure Robotaxi Approvals
Trump Picks Musk, Entrepreneur Ramaswamy for Govt Efficiency Effort
Will Tesla continue to party in 'Trump 2.0'? Goldman Sachs cheers: could rise to $500!
Morgan Stanley analysts predict that if Tesla expands its business beyond autos, and Musk demonstrates new political power in the era of 'Trump 2.0', Tesla's stock price may rise to $500 per share, an increase of about 52.2% from the current level. Goldman Sachs believes that Tesla's autonomous driving capabilities may become the 'key' to its transformation into an ai giant, and Musk's political influence may help Tesla surpass auto manufacturers in the process.
Here comes Minister Ma!
Elon Musk will be one of the leaders of the "Government Efficiency Department" (DOGE) plan proposed by Trump, and this work will be completed by July 4, 2026. Trump previously expressed his hope that Musk could assist in cutting government costs by $2 trillion, which means about one-third of the total cost. After acquiring Twitter in 2022, Musk made bold cuts by 80%.
Appointed by Trump, Musk may not need to resign from his business position.
USA President-elect Trump announced on Tuesday that billionaires Elon Musk and entrepreneur Vivek Ramaswamy will lead the newly established Department of Government Efficiency, with the task of streamlining the government bureaucracy, eliminating excessive regulations, reducing wasteful spending, and restructuring federal institutions. Trump expressed during the campaign that he plans to develop a program to improve government efficiency, eliminate fraud and improper payments, and conduct a comprehensive financial and performance audit of the federal government. Trump said on Tuesday that the department will collaborate with the White House Management and Budget Office, and their work will be completed by July 4, 2026 (the 250th anniversary of the founding of the USA).
MARA Holdings, SoundHound AI, Spotify, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Options Market Statistics: Analysts Are Bullish on Nvidia Stock Ahead of Earnings Next Week, Options Pop
Express News | Trump Says They Will Pave the Way to Dismantle Government Bureaucracy, Slash Excess Regulations, Cut Wasteful Expenditures, and Restructure Federal Agencies
Volkswagen's investment in Tesla's competitor Rivian has increased to $5.8 billion.
Volkswagen Group announced on Tuesday that it plans to increase its investment in Rivian, a local auto manufacturer in the usa, by 16% to $5.8 billion, while the two companies have also launched a planned joint venture to develop electric vehicle architecture and software. Boosted by this news, Rivian's stocks rose nearly 9% after the market closed on Tuesday. The two companies stated in June that Volkswagen would invest $5 billion in Rivian, providing a lifeline for the struggling electric car startup. In the face of high borrowing costs and a slowdown in electric vehicle demand, Rivian is preparing to launch a smaller, cheaper model called R2.
Why Tesla Stock Just Pulled Back