Musks
Trump picked Elon Musk and Vivek Ramaswamy to co-lead DOGE, a new government efficiency commission.Their aim is to cut government spending, and one idea they’ve floated is to ax federal agencies.Millions of Americans are employed by the US government. Here’s how the agencies break down and what workers make.Elon Musk’s…
By Shankar Ramakrishnan and Echo Wang (Reuters) – Elon Musk’s political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that backed the billionaire’s purchase of the social media platform X, three banking sources said. Some of the lenders in the…
Elon Musk’s Department of Government Efficiency is looking for people to join the effort.Musk posted that the compensation is “zero.” So, is this a real job opportunity?DOGE hasn’t answered questions about pay, or whether you need an X account to apply.The new quasi-department Elon Musk is creating to root out…
Xiaomi CEO Lei Jun posted a photo of himself sleeping on the factory floor.Lei was celebrating an EV production milestone — 100,000 units of the Xiaomi SU7.Xiaomi launched the Xiaomi SU7 in March and makes four versions of the car. Xiaomi CEO Lei Jun is celebrating a new EV production…
(In paragraph 23, removes garbled text) WASHINGTON (Reuters) -President-elect Donald Trump has tasked billionaire Tesla (NASDAQ:) CEO Elon Musk with setting up a panel to streamline the U.S. government. Although Trump has said little about how this group would operate, Musk previously set an ambitious goal of cutting $2 trillion…
Has Elon Musk’s $1M-a-day “lottery” distributed these windfalls, or only “big cardboard checks?”That was a question raised in court Monday by a lawyer for the Philadelphia DA, who is suing Musk.Musk’s side says the $1M is salary for “spokespeople.” A lawyer for Philadelphia’s district attorney questioned on Monday if Elon…
Elon Musk’s ownership has shifted X’s political stance, affecting Democratic ad spending.Some Democratic ad campaigns still see opportunities in ads on X, formerly known as Twitter.X switched political ads back on last year as it looked to recoup lost revenue after a brand exodus. While some Democratic political advertisers —…
Tesla’s falling California sales point to bigger problems for the car company.Changes to the EV market are finally catching up to Tesla.Some customers and investors are losing patience with Musk’s political antics. Tesla is losing some ground in its home state of California, signaling more trouble ahead for the world’s…
It sure seems like Twitter is more likely to show content from Republican or right-wing accounts.That’s the conclusion from two new reports in The Washington Post and The Wall Street Journal.Is this because Twitter users want this? Or because Trump supporter Elon Musk wants them to see it? Is X,…
A lawsuit by the Philadelphia DA would stop Elon Musk’s $1M-a-day voter giveaway as early as Friday.DA Larry Krasner calls the giveaway an illegal lottery.A hearing on Krasner’s request for an emergency injunction will come 4 days before the election. The Philadelphia district attorney will take Elon Musk’s America PAC…
