The Senate has passed President Donald Trump’s massive tax-and-spending bill, which could add $3.3 trillion to the national debt. The legislation is now set to move to the House of Representatives for potential final approval.
Musk's Historic Challenge: Beating 169-Year Odds as a Third-Party Candidate
The world’s richest billionaire, Elon Musk, may be on the verge of influencing future U.S. elections with his promise to create the America Party if the “Big Beautiful Bill” passes in Congress. Musk, armed with billions of dollars and significant worldwide influence, could face a formidable challenge as a third-party candidate.
Tesla Stock: Latest Market Developments and Trends
Tesla Inc. shares are experiencing a decline amidst disagreements between CEO Elon Musk and President Donald Trump. Additionally, the company’s registrations in Sweden and Denmark have fallen during June, contributing to the downward trend.
Elon Musk Denounces Donald Trump's Spending Bill as 'Insane' Amid Rising Odds of 'America Party' Launch
Elon Musk, CEO of Tesla and SpaceX, has reiterated his intention to form a new political party, dubbed the “America Party,” amid his ongoing feud with President Donald Trump over the proposed federal spending package. Musk has sharply criticized the bill, labeling it a “disgusting abomination” due to its tax breaks and cuts to essential programs like healthcare and food assistance.
Tesla Stock Decline Linked to Souring of Trump-Musk Relationship, According to Dan Ives
Wedbush analyst Dan Ives has predicted a weak performance for Tesla Inc. due to the strained relationship between CEO Elon Musk and President Donald Trump. This prediction comes after a public fallout between the two, with Trump recently criticizing the subsidies Musk’s companies receive.
Elon Musk Criticized by Trump Over Subsidies, Ross Gerber Condemns Tesla Board's Inaction
Investment advisor Ross Gerber has criticized Tesla Inc. board members for remaining silent after President Donald Trump launched a scathing attack on CEO Elon Musk and federal subsidies supporting his company.
Tesla Shares Plummet 5% in Pre-Market Trading on Tuesday: An Explanation
Shares of Tesla Inc. declined 4.78% during Tuesday’s pre-market session. This sudden drop came after CEO Elon Musk reignited political comeback rumors following his criticism of President Donald Trump‘s spending bill.
Tesla's European Sales Plummet, Down Over 60% in Sweden and Denmark Under Elon Musk's Leadership
Tesla’s European sales have taken a significant hit, with sales in Denmark and Sweden experiencing a sharp decline in June. According to recent data, Tesla recorded a 61.57% decline in sales in Denmark and a 64.4% decline in Sweden compared to the same period last year.
Peter Thiel Backs Elon Musk's Billion Robot Vision, Calling Deficit Worries Short-Sighted
Billionaire investor Peter Thiel has expressed his support for Elon Musk’s ambitious plan to create “a billion humanoid robots in the U.S. in 10 years”. However, Thiel also points out that this vision seems to contradict Musk’s concerns about the growing federal deficits.
Elon Musk Expresses Disapproval of Trump's Legislation, Citing Overwhelming Support for Alternative Party
Elon Musk, the CEO of Tesla Inc. and SpaceX, has expressed his disapproval of President Donald Trump’s “Big, Beautiful Bill.” Musk took to social media to voice his displeasure, posting “VOX POPULI, VOX DEI” — the voice of the people is the voice of God.