Elon Musk’s decision to go all in on Donald Trump never made much sense. His scorched-earth approach to breaking up with Trump is even harder to square...

Shares dropped 9% on June 5, down 12% since May 27...

(Bloomberg) -- When Elon Musk and Donald Trump joined forces during the presidential campaign, there was always a question over how long their alliance would last and who would prevail if it didn’t work out.Most Read from BloombergNext Stop: Rancho Cucamonga!ICE Moves to DNA-Test Families Targeted for Deportation with New ContractWhere Public Transit Systems Are Bouncing Back Around the WorldUS Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnThe Global Struggle to Build Safer C...

Tesla (TSLA) shares "are way oversold" on the news of troubles in the relationship between the elect...

News of the day for June 6, 2025...

Some big names on Wall Street have waded in amid the amid the public breakdown of Elon Musk President Donald Trump's relationship. Billionaire investor Bill Ackman, who founded the hedge fund Pershing Square Capital, urged the two to make up on Thursday, saying in a post on X that “We are much stronger together than apart...

“I took away his EV mandate that forced everyone to buy electric cars that nobody else wanted…and he just went crazy,” said President Trump on Truth Social on Thursday, at the height of his public fallout with Elon Musk. The president is likely referring to the EV purchase tax credits that he intends to eliminate via his tax and spending bill. The elimination of those credits has been talked about for months, with the president saying in the past that Musk didn’t ask for them to be saved...