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Is Trump Trying to Get Back in Elon Musk’s Good Graces?

gizmodo.com Matt Novak 2025-07-24 18:10:01

Elon Musk and Donald Trump joined forces before the 2024 presidential election to help each other out. Trump needed Musk’s money to buy votes and Musk needed Trump to decimate the federal government while making sure contracts with his own companies remained untouched. But the two men had a very messy falling out back in late May, when Musk departed his government role with DOGE, the Department of Government Efficiency. But no matter how much the men may bicker in public, they keep trying to si

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Musk’s Starlink hit with hours-long outage after rollout of T-Mobile satellite service

cnbc.com Chris Eudaily 2025-07-25 08:42:16

Elon Musk's satellite internet service Starlink said it had a "network outage" on Thursday. The company said it was working on a solution. There were more than 60,000 reports of an outage on Downdetector, a site that logs issues. Starlink is owned and operated by SpaceX, which is also run by Musk. At 4:30 p.m. ET, Musk apologized for the outage on X and said, "Service will be restored shortly." At 6:23 p.m. ET, SpaceX's vice president of Starlink engineering, Michael Nicolls, said in an X po

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Tesla's stock plunges 8% after another weak quarter for auto sales

cnbc.com Arjun Kharpal Lora Kolodny 2025-07-25 16:04:24

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 8% Thursday after the company reported a second straight quarter of declining auto sales, and CEO Elon Musk told analysts that there could be a "few rough quarters" ahead due to the expiration of federal electric vehicle tax

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Musk's Starlink hit with outage day after rollout of T-Mobile satellite service

cnbc.com Chris Eudaily 2025-07-25 16:39:48

Elon Musk's satellite internet service Starlink said it had a "network outage" on Thursday. The company said it was working on a solution. There were more than 60,000 reports of an outage on Downdetector, a site that logs issues. Starlink is owned and operated by SpaceX, which is also run by Musk. Musk apologized for the outage on his social media platform X and said, "Service will be restored shortly." Musk posted earlier Thursday that the company's direct-to-cell-phone service was "growing

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After Years of Promises, Tesla Says Its Cheaper Car Is Actually on the Way

gizmodo.com Luc Olinga 2025-07-25 20:13:29

For nearly a decade, it has been the holy grail for Tesla fans and the key to its mainstream future: a truly affordable electric car for the masses. After years of promises, delays, and speculation, the company confirmed on Wednesday that the long-awaited cheaper Tesla is finally moving from myth to reality. In its Q2 2025 earnings release, Tesla stated, “We continue to expand our vehicle offering, including first builds of a more affordable model in June, with volume production planned for the

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Elon Admits That Tesla Is in for a World of Hurt

futurism.com Unknown 2025-07-26 04:27:35

The ordeal isn't over yet for Tesla or its investors, according to CEO Elon Musk, as it misses heaps of Wall Street targets in its latest earnings report. "We probably could have a few rough quarters," Musk said in a conference call on Wednesday, as quoted by the Financial Times. If past is prelude, he could be onto something. In the second quarter, between April and June of this year, Tesla raked in just $1.2 billion in net income, when during that same period last year it made $1.4 billion.

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Trump says he won't 'destroy' Musk's companies by taking away subsidies

cnbc.com Samantha Subin 2025-07-26 08:14:28

Elon Musk receives a golden key from U.S. President Donald Trump in the Oval Office at the White House in Washington, D.C., U.S., May 30, 2025. REUTERS/Nathan Howard President Donald Trump on Thursday denied claims that he wants to wreck Elon Musk's companies and their work with the U.S. government. "Everyone is stating that I will destroy Elon's companies by taking away some, if not all, of the large scale subsidies he receives from the U.S. Government," he said in a post to Truth Social. "Th

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Tesla's stock plunges 9% after another weak quarter for auto sales

cnbc.com Arjun Kharpal Lora Kolodny 2025-07-26 12:59:08

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 9% Thursday after the company reported a second straight quarter of declining auto sales, and CEO Elon Musk told analysts that there could be a "few rough quarters" ahead due to the expiration of federal electric vehicle tax

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Elon Musk Warns That Tesla Board Could Fire Him "If I Go Crazy"

futurism.com Unknown 2025-07-26 12:15:11

As widely expected, Tesla's latest business fundamentals are not looking good. During the company's second-quarter earnings call on Wednesday, Tesla reported a whopping 16 percent decline in automotive revenue, its biggest drop in over a decade. There are no two ways about it: Tesla is in a full-blown crisis under Musk's leadership. The mercurial CEO has massively tarnished the company's brand, leading to plummeting sales. At some level, even Musk seems to get it. The richest man in the world

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Tesla shares drop 8% after auto sales plunge again

cnbc.com Arjun Kharpal 2025-07-26 20:47:11

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT watch now Tesla shares fell 8% Thursday after the company reported a second straight quarter of declining auto sales. Elon Musk's electric vehicle maker reported a top and bottom line miss on second-quarter results, noting that automotive revenue fell 16% year-on-year to $16.7 billion. On an earnings call, Musk said Tesla "probably could have a few rough quarters" ahead as a result of the expiration of federal electric vehicl

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Photos: Here Are the Piles of Used Bedding and Children’s Play Sets Left Near DOGE’s Old Offices

wired.com Zoë Schiffer 2025-07-26 00:17:50

Elon Musk’s associates at the so-called Department of Government Efficiency (DOGE) have begun vacating their headquarters at the General Services Administration (GSA) in Washington, DC. An apocalyptic scene of toddler play sets, mattresses, and pillows remains. Near rooms where DOGE once operated, a seemingly abandoned children’s wooden kitchen set sits next to a rainbow climbing arch and an easel covered in crumpled paper, according to photos obtained by WIRED. Other children’s toys are within

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Tesla shares drop 6% in premarket trading after auto sales plunge again

cnbc.com Arjun Kharpal 2025-07-27 09:45:04

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tesla shares fell 6% in premarket trading on Thursday after the company reported a second straight quarter of declining automotive sales. Elon Musk's electric carmaker reported a top and bottom line miss on second-quarter results, noting that automotive revenue fell 16% year-on-year to $16.7 billion. On an earnings call, Musk said Tesla "probably could have

Topics: electric musk tesla thursday year

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Tesla’s Nightmare Continues as Musk Warns of ‘Rough Quarters’ Ahead

gizmodo.com Luc Olinga 2025-07-27 05:14:11

Tesla’s second-quarter earnings paint a grim picture: falling profits, slumping sales, and a reputation hit that keeps on hurting. The all-electric carmaker reported net income of $1.17 billion, down 16.3% from the same period in 2024. Revenue fell 12% to $22.5 billion from $25.5 billion a year earlier, marking Tesla’s second consecutive quarter of declining profits and revenue this year. The cause is clear: Tesla is selling fewer cars and cutting prices to chase demand. Deliveries fell 13.5%

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Tesla’s Nightmare Continues As Musk Warns of “Rough Quarters”Ahead

gizmodo.com Luc Olinga 2025-07-27 10:14:11

Tesla’s second-quarter earnings paint a grim picture: falling profits, slumping sales, and a reputation hit that keeps on hurting. The all-electric carmaker reported net income of $1.17 billion, down 16.3% from the same period in 2024. Revenue fell 12% to $22.5 billion from $25.5 billion a year earlier, marking Tesla’s second consecutive quarter of declining profits and revenue this year. The cause is clear: Tesla is selling fewer cars and cutting prices to chase demand. Deliveries fell 13.5%

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Undeterred by limits, Elon Musk plots a big robotaxi expansion

theverge.com Andrew J. Hawkins 2025-07-27 16:29:24

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla wants to bring its robotaxi service to new markets, including cities in Florida, Nevada, Arizona, and California, Elon Musk said in an earnings call Wednesday. The company is testing its Full Self-Driving (Supervised) feature in Europe and China, and hopes the launch the controversial product in the near future. And i

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Elon Musk's Tesla Is Now the Most Hated Electric Vehicle Maker

futurism.com Unknown 2025-07-27 18:53:07

To absolutely no one's surprise, a new study on electric vehicles has found that people really hate automaker Tesla — more than any other major EV brand, underscoring a tumultuous year with CEO Elon Musk's deeply unpopular forays into politics leading to people protesting or even vandalizing Teslas. A market research initiative called the Electric Vehicle Intelligence Report polled more than 8,000 people over the spring and summer and found that Tesla ranked dead last in a list of 19 EV carmake

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A $17 Hotdog and a Humanoid Robot Serving Popcorn: WIRED’s Day at the Tesla Diner

wired.com Jason Parham 2025-07-27 20:00:54

Renuka Veerasingam believes Elon Musk is humanity’s last hope. “I want to go to Mars, and he is going to take us,” she says. “Space is the final frontier. It’s in our DNA to find the final frontier—to keep going until we get to the edge.” Though Veerasingam is 140 million miles from Mars, she is currently on the edge of Santa Monica Boulevard and North Orange Drive, in the heart of Hollywood, for the opening of the new Tesla Diner, modeled in the likeness of the same kind of retro-futuristic sp

Topics: ethan musk noah tesla veerasingam

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Tesla reports sales miss as auto revenue drops for second straight quarter

cnbc.com Lora Kolodny 2025-07-28 00:50:59

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Tesla's slump this year is partly due to a backlash against the company in the U.S. and Europe, after CEO Elon Musk spent heavily to help reelect President Donald Trump , endorsed Germany's extreme anti-immigrant AfD party, and then led the Trump administration's Department of Government Efficiency. At DOGE, Musk helped to slash the federal workforce

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Here’s the Front-Runner to Play Elon Musk in Luca Guadagnino’s AI Movie

gizmodo.com Bruce Gil 2025-07-28 04:45:18

It seems like you haven’t really made it in Silicon Valley until a major movie actor plays you on film. Jesse Eisenberg portrayed Facebook founder Mark Zuckerberg in The Social Network, and Michael Fassbender played Steve Jobs in the 2015 film Steve Jobs. Even Bill Gates was played by Anthony Michael Hall in the 1999 TV film Pirates of Silicon Valley. And now Elon Musk is reportedly next in line to get the Hollywood treatment. Deadline reported today that Ike Barinholtz, the star of The Studio,

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Things Are Looking Really, Really Bad for Tesla

futurism.com Unknown 2025-07-28 10:23:12

Elon Musk's carmaker Tesla is widely expected to disappoint with its Q2 earnings report later today. Demand for the company's EVs has dried up significantly over the past 18 months, driven in large part by its exceptionally divisive CEO's efforts to alienate buyers at the exact moment that the company is facing a flood of high-quality international competition. Deliveries fell a record 13.5 percent this quarter compared to a year earlier — and the accompanying earnings report, which is set to

Topics: carmaker investors musk robotaxi tesla

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Tesla set to report second-quarter earnings after the bell

cnbc.com Lora Kolodny 2025-07-28 16:00:09

Elon Musk, chief executive officer of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris, June 16, 2023. Tesla will report second-quarter results after the close of regular trading on Wednesday. Here's what Wall Street expects, according to an average of estimates compiled by LSEG: Earnings per share : 43 cents : 43 cents Revenue: $22.74 billion Revenue in the period is expected to drop 11% from a year earlier, marking a second str

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As Tesla’s Sales Dwindle, a Critical Revenue Source Is Running Dry

gizmodo.com Lucas Ropek 2025-07-29 04:10:27

Despite the occasional stock market rally, Tesla is clearly struggling. The EV company, once the crown jewel of its industry, has seen steep declines over the past year, as its CEO, Elon Musk, continues to draw criticism over his political activities. Sales for the company are down all over the world, despite its recent introduction to new markets, like India. Now, as Tesla struggles to keep its head above water, another significant revenue stream is about to run dry, thanks largely to Musk’s fo

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Tesla Isn’t a Car Company Anymore

gizmodo.com Luc Olinga 2025-07-30 00:15:12

Tesla may be in trouble. Investors and fans will get a clearer picture this Wednesday, July 23, when Elon Musk’s carmaker publishes its second-quarter earnings. There is no doubt that the core business is facing significant headwinds. The electric vehicle pioneer is expected to post a 13 percent drop in revenue and a 25 percent plunge in earnings per share. But if you only listen to Musk on the earnings call, you might not even hear the word “car.” Instead, expect a full-court press on robotaxi

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Leaked Documents Show xAI Employees Were Alarmed by Something They Were Asked to Do at Elon Musk's AI Startup

futurism.com Unknown 2025-07-30 02:22:26

Earlier this year, more than 200 staffers at Elon Musk's AI startup xAI were asked to have their faces recorded while speaking to their coworkers. According to internal documents and Slack messages obtained by Business Insider, some employees were taken aback after being asked to take part in a project called "Skippy," the goal of which was to train the company's Hitler-loving AI chatbot, Grok, on their facial expressions. It remains unclear whether project Skippy was in any way related to xAI

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Elon Now Facing the Possibility That SpaceX Will Never Get Starship Working

futurism.com Unknown 2025-07-30 15:13:23

SpaceX is nine full-scale test launches into developing its enormous, nearly 400-feet-tall Starship, the most powerful rocket ever built. Over the last two and a half years, we've seen over half a dozen spectacular explosions. Two launches earlier this year sent massive streaks of debris hurtling over the Turks and Caicos Islands, prompting airspace closures. Its most recent test in May ended in an uncontrolled splashdown in the Gulf of Mexico after helplessly spinning on its axis and suffering

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After Fight With Musk, Trump Reportedly Ordered Review of Government SpaceX Contracts

futurism.com Unknown 2025-07-31 03:15:31

Now that SpaceX CEO Elon Musk and president Donald Trump are no longer seeing eye to eye, it sounds like the White House is working to undercut the richest man in the world's revenue from Washington. As the Wall Street Journal reports, Trump aides initiated a review of SpaceX contracts with the federal government to identify potential waste — pointed scrutiny not unlike the so-called Department of Government Efficiency helmed by Musk himself prior to his ousting from the Trump administration.

Topics: defense government musk spacex trump

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How to Check If That ‘Deleted’ Tweet Is Real

gizmodo.com Matt Novak 2025-07-31 08:20:58

It happens almost every day. A screenshot of a social media post from a prominent figure like Elon Musk or Donald Trump goes viral because it demonstrates just how stupid these men really are. But sometimes it sounds too good to be true. You go to check X or Truth Social yourself and it’s not there. But maybe it was deleted. What do you do? Well, we’ve got some tips that might be helpful for uncovering the truth. Right off the bat, it’s important to note that there’s not always a foolproof way

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Tesla Diner: Photos show opening of Musk's futuristic California drive-in

cnbc.com Krysta Escobar 2025-07-31 12:49:42

People dine inside during the opening of the Tesla Diner and Drive-In restaurant and Supercharger on Santa Monica Blvd in the Hollywood neighborhood Los Angeles, California on July 21, 2025. Elon Musk's flagship Tesla Diner opened Monday in Hollywood, California, and the CEO is already eyeing expansion "If our retro-futuristic diner turns out well, which I think it will, @Tesla will establish these in major cities around the world, as well as Supercharger sites on long distance routes," Musk w

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Elon Musk-Founded Brain Implant Startup Says It’s a ‘Disadvantaged’ Business Despite Being Worth $9 Billion

gizmodo.com Lucas Ropek 2025-08-01 12:45:58

Elon Musk, the rightwing culture warrior waging a “civilization-saving” battle against the “woke mind virus,” apparently isn’t above taking advantage of diversity, equity, and inclusion (DEI) programs when it serves his business purposes. Neuralink, the $9 billion brain implant startup that Musk founded, recently characterized itself as a “small disadvantaged business” in a federal filing with the Small Business Administration. The SBA website notes that Neuralink attested in its filings that i

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Tesla’s long-delayed retro diner and charging location is finally opening

theverge.com Jay Peters 2025-08-01 12:15:31

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Tesla’s long-in-the-works 1950s-inspired diner and drive-in Supercharger station in Los Angeles is expected to officially open today – and the company may build more of them down the line. The Tesla Diner lets people grab comfort food like burgers and fries (served in boxes shaped like Cybertrucks) and milkshakes while charging their vehicles. The Diner has giant screens so p

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Latest Tech News

Is Trump Trying to Get Back in Elon Musk’s Good Graces?

Musk’s Starlink hit with hours-long outage after rollout of T-Mobile satellite service

Tesla's stock plunges 8% after another weak quarter for auto sales

Musk's Starlink hit with outage day after rollout of T-Mobile satellite service

After Years of Promises, Tesla Says Its Cheaper Car Is Actually on the Way

Elon Admits That Tesla Is in for a World of Hurt

Trump says he won't 'destroy' Musk's companies by taking away subsidies

Tesla's stock plunges 9% after another weak quarter for auto sales

Elon Musk Warns That Tesla Board Could Fire Him "If I Go Crazy"

Tesla shares drop 8% after auto sales plunge again

Photos: Here Are the Piles of Used Bedding and Children’s Play Sets Left Near DOGE’s Old Offices

Tesla shares drop 6% in premarket trading after auto sales plunge again

Tesla’s Nightmare Continues as Musk Warns of ‘Rough Quarters’ Ahead

Tesla’s Nightmare Continues As Musk Warns of “Rough Quarters”Ahead

Undeterred by limits, Elon Musk plots a big robotaxi expansion

Elon Musk's Tesla Is Now the Most Hated Electric Vehicle Maker

A $17 Hotdog and a Humanoid Robot Serving Popcorn: WIRED’s Day at the Tesla Diner

Tesla reports sales miss as auto revenue drops for second straight quarter

Here’s the Front-Runner to Play Elon Musk in Luca Guadagnino’s AI Movie

Things Are Looking Really, Really Bad for Tesla

Tesla set to report second-quarter earnings after the bell

As Tesla’s Sales Dwindle, a Critical Revenue Source Is Running Dry

Tesla Isn’t a Car Company Anymore

Leaked Documents Show xAI Employees Were Alarmed by Something They Were Asked to Do at Elon Musk's AI Startup

Elon Now Facing the Possibility That SpaceX Will Never Get Starship Working

After Fight With Musk, Trump Reportedly Ordered Review of Government SpaceX Contracts

How to Check If That ‘Deleted’ Tweet Is Real

Tesla Diner: Photos show opening of Musk's futuristic California drive-in

Elon Musk-Founded Brain Implant Startup Says It’s a ‘Disadvantaged’ Business Despite Being Worth $9 Billion

Tesla’s long-delayed retro diner and charging location is finally opening

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