Musk draws skepticism with call for $2 trillion in spending cuts

Tesla CEO Elon Musk's call for federal spending cuts of “at least” $2 trillion comes as the billionaire tech giant stands as one of former President Trump's most prominent supporters. However, this is drawing skepticism from experts. “How much do you think we can get out of this wasted $6.5 trillion Harris-Biden budget?” asked Howard […]

Nvidia in talks with Elon Musk about investing in xAI: source

Semiconductor giant Nvidia is in talks to invest in Elon Musk's fast-growing artificial intelligence startup xAI, people familiar with the matter said. XAI, which powers the insidious Grok chatbot on Musk's X social network, is in talks with some investors to raise billions of dollars. Approximately $40 billion valuationWSJ reported this week. Information reported that […]

Elon Musk to spend election night with Trump in Florida

Entrepreneur and Donald Trump supporter Elon Musk will reportedly watch the presidential election results with Trump at one of his resorts. Mr. Musk will be at Mar-a-Lago in Palm Beach, Florida, where Mr. Trump and a small group of people will be watching election coverage as vote-counting operations take place. new york times report cited […]

Tesla shares surge 13% after CEO Elon Musk touts sales forecast

CEO Elon Musk has told investors that the company's electric vehicle sales will increase 20-30% next year as it prepares to roll out more affordable models. Tesla stock rose more than 13% before the opening bell Thursday after the company said it expected . Tesla, which had a market capitalization of nearly $670 billion as […]

Tesla CEO Elon Musk celebrates results

Keith FitzGerald, president of FitzGerald Group, is looking at the top and bottom stocks before the market opens on Monday. Tesla did not disappoint, and CEO Elon Musk has made that clear. “It's remarkable that Tesla is profitable despite a very challenging environment, and in fact this is a record third quarter for us,” he […]

Elon Musk PAC warned by DOJ that $1 million sweepstakes may be illegal

The Department of Justice (DOJ) recently announced a historic $1 million donation to voters in battleground states from Elon Musk's America PAC after being warned by lawyers who claimed the effort may be illegal. I contacted. On Monday, the Justice Department received a letter from a “group of lawyers and public officials” requesting an investigation […]

Newsom Never Tried to Persuade Elon Musk, Tesla to Stay in California

Former President Donald Trump announced last week that California Governor Gavin Newsom (D) will bring Tesla CEO Elon Musk to the state before Tesla opens its headquarters in Texas in 2021. He claimed that he made no effort to persuade him to stay in office. As Breitbart News noted at the time, Musk moved Tesla's […]