A federal judge has ruled that Elon Musk, CEO of Tesla Inc., must face a lawsuit alleging that he operated an illegal election giveaway during the 2024 presidential campaign. The lawsuit claims that Musk’s political action committee, America PAC, misled voters into believing they were entering a legitimate lottery.
Elon Musk Puts 'America Party' on Hold to Maintain MAGA Ties: Report
Elon Musk, the CEO of Tesla Inc., has reportedly decided to halt his plans to establish a new political party. This decision comes as a surprise, given his earlier announcement in July about forming the “America Party” for dissatisfied U.S. voters.
Tesla Sees 60% Quarterly Surge in China Registrations with 14,000 New Vehicles
Tesla has seen a substantial increase in registrations in China, with a 60% surge compared to the previous quarter. The company recorded 14,000 new insured registrations in the country, indicating a significant growth in demand for Tesla vehicles in the Chinese market.
Elizabeth Warren Claims Elon Musk's SpaceX Receives Billions in Government Funding While Paying Minimal Taxes
Senator Elizabeth Warren has accused Elon Musk’s SpaceX of benefiting from billions of dollars in US government contracts while paying little to no federal taxes. Warren took to social media to express her concerns, stating that SpaceX is worth over $350 billion after receiving billions in government contracts, but could be paying less in taxes than the average citizen.
Tesla Stock Faces Uncertainty Amid Mixed Sales and Demand Indicators
Tesla Inc shares are trading marginally higher as investors weigh a mix of bullish institutional data against signs of weakening consumer demand in key European markets.
Tesla Cuts UK Lease Prices by Almost 50% Amid Ongoing Global Sales Struggles
Tesla Inc. is offering significant discounts to leasing companies in the UK as the company continues to face sales challenges globally. These discounts can lead to lower monthly payments for customers, making Tesla vehicles more affordable.
Elon Musk's Daughter Speaks Out Against Being Held Responsible for His Public Image
Vivian Jenna Wilson, the estranged daughter of Elon Musk, has spoken out about her father’s transition into right-wing politics and culture, and the personal impact of his public denouncement of her. In a recent appearance on drag star Maddy Morphosis’s show “Give It to Me Straight,” Wilson shed light on her father’s brief tenure as a “special government employee” under President Donald Trump and the subsequent fallout with the White House.
RFK Jr. Denies 2028 Presidential Bid Amid GOP Infighting Over Trump's Potential Successor
Health Secretary Robert F. Kennedy Jr. has denied rumors of a 2028 presidential campaign. This denial comes as former White House strategist Steve Bannon considers his own bid, which could challenge Vice President JD Vance and fracture the ‘Make America Great Again’ (MAGA) movement.
5-Year Tesla Stock Ownership: This Is Your Potential Return
Tesla has seen significant growth over the past 5 years, outperforming the market by 7.75% on an annualized basis. This has resulted in an average annual return of 21.46%. With a current market capitalization of $1.07 trillion, Tesla has solidified its position in the market.
Elon Musk Threatens Tesla Short Sellers with Financial Ruin
Tesla Inc. stock has underperformed the overall market in 2025, with a year-to-date decline of 11.2%. Despite this, CEO Elon Musk has issued a warning to investors betting against the electric vehicle company. With Tesla rolling out robotaxis in several regions of the United States, Musk is confident that the company will come out on top.