Elon Musk Warns of Economic Upset as China Overtakes US and EU Amid Tariffs and Recession Concerns

Elon Musk, CEO of Tesla, has highlighted economic data showing China’s economy has significantly outgrown both the United States and European Union when measured by purchasing power parity. This information comes as a surprise to many, with China’s gross domestic product in PPP terms estimated to be approximately $35.29 trillion in 2025. In comparison, the US has a GDP of $28.78 trillion, and the EU has a GDP of $21.99 trillion.

Continue Reading →

Elon Musk's Dogecoin Clout May Shield His Companies from $2 Billion in Potential Liabilities, Says Senate Report

Elon Musk, the billionaire CEO of Tesla, may be able to avoid over $2 billion in financial liabilities due to his significant influence over the US government. According to a report by Senate Democratic committee staffers, Musk’s “Department of Government Efficiency” (DOGE) has driven major changes in Washington, with President Donald Trump supporting Musk’s push for cuts.

Continue Reading →