Tesla, Elon Musk
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President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
Tesla attributed the revenue decline to a drop in vehicle deliveries, less money from regulatory credit sales and a lower average selling price for its vehicles. Still, Musk struck an optimistic tone on Tesla’s post-earnings call and is banking on a rapid expansion of the company’s robotaxi service.
Cheer to lovers of Vine, the now-defunct social media app is making a comeback. Or is it? Well, according to X, formerly Twitter, CEO Elon Musk, it is. He posted Thursday morning that Vine, the app known for its six-second looping videos,
Shares in Tesla were down in premarket trading as the carmaker lays out the risks from President Trump’s tariffs and his scrapping of tax credits.
Musk said that half the US population could have access to a Tesla robotaxi by the end of 2025. That’s a huge leap from the company’s current limited rollout.
Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.
SpaceX has warned investors about the risk to the company from its own CEO. In documents attached to a tender offer to investors, SpaceX said there were “risk factors” associated with CEO Elon Musk’s potential return to politics,