STORY: The dispute between Republican President Donald Trump and Tesla CEO Elon Musk escalated on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump’s tax-cut and spending bill would bankrupt America.The sweeping legislation approved by Congress and signed by Trump means $7,500 tax credits for buying or leasing new electric vehicles will end on September 30, as well as a $4,000 used EV credit that has helped boost green vehicle sales in recent years.Sissel said Musk’s public feud with the administration "will have negative impacts on Tesla specifically. If you look at the 'big, beautiful bill,' the CAFE credits that incentivize fuel economy and that were positive and actually had a specific and measurable impact on revenue at Tesla are no longer in place, and this will impact Tesla revenue."...

Stocks were mixed on Tuesday after President Donald Trump said he wouldn’t delay the date when his tariffs will take effect. CEO Elon Musk announced over the weekend that he would form a new political party, and his return to politics prompted investors to sell the stock. Musk strongly opposed Trump’s tax-and-spending bill that was signed into law Friday...

Centivax, Inc., a biotechnology company engineering vaccines and therapies for durable, universal protection against highly diverse targets, today announced the close of an oversubscribed $45 million Series A financing. The round was led by Steve Jurvetson of Future Ventures, an early backer of Tesla, SpaceX, Prellis Biologics, Cambrian Bio, and others which in aggregate represent $1.4 trillion of value creation. The round includes participation from NFX, BOLD Capital Partners, Base4 Capital, Ke...