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TSLA

Elon Musk’s $71 Billion Wealth Wipeout Dwarfs Next 7 Billionaire Decliners Combined

The world's richest person is worth less in 2025 than at the end of 2024, with Tesla Inc (NASDAQ:TSLA) CEO Elon Musk seeing his wealth take a hit as he battles with President Donald Trump. What Happened: The share price of Tesla has been highly volatile since Trump won the 2024 presidential election. Tesla shares hit new all-time highs in December 2024, driven by optimism for the electric vehicle leader and the strong relationship between Musk and Trump, which could help address regulatory issue...

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TSLA

Elon Musk Backs Warren Buffett’s Brutal ‘5-Minute Deficit Fix’ To Ban Congress From Reelection If They Blow the Budget: ‘100% This Is the Way’

More than a decade ago, Warren Buffett said the national deficit could be solved in just five minutes. His plan? "You just pass a law that says that any time there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for reelection." That 2011 quote, from an interview with CNBC's Becky Quick, resurfaced in early June — and this time, it gained traction with one of the world's most influential voices. On June 4, Utah Sen. Mike Lee (R-UT) posted the clip on X and ask...

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TSLA

Dow Jones Futures Fall, Trump Signs Budget Bill Into Law; Tesla Rival Uber Leads 5 Stocks In Buy Zones

President Trump signed his budget bill into law after the stock market hit highs ahead of Independence Day. Tesla fell while Uber broke out...

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TSLA

Mark Cuban And Elon Musk Have Something In Common Beyond Their Billions

Mark Cuban and Tesla Inc (NASDAQ:TSLA) CEO Elon Musk may not agree on everything these days, except, perhaps, the potential for a viable third political party. But one thing they do share is the number of people who admire them. What Happened: Musk and Cuban are both examples of the entrepreneurial spirit that Americans can use to achieve great things through hard work and perseverance, such as creating businesses and becoming extremely wealthy. While Musk and Cuban created companies in differen...

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TSLA

Tesla sales down 13.5% in Q2

BYD is rapidly overtaking Tesla as world’s largest EV maker...

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TSLA

AGL acquires South Australia’s Virtual Power Plant from Telsa

SAVPP includes distributed solar capacity and 7,000 Powerwall home batteries...

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TSLA

GM Beats Tesla in EV Growth, Reports 7% Jump in Overall Q2 Deliveries

GM sales jump 7.3% in Q2, fueled by more than 100% EV sales growth and strong demand for new models across gas and electric segments...

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TSLA

Navitas’ GaN Power ICs Gaining Traction: What’s Fueling It?

NVTS expands its GaN footprint with major mobile, EV and solar wins as 2024 revenues jump over 50% year over year...

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TSLA

Behold, the epic flop that is the Cybertruck

It might not come as a shock if you have eyes, but the Cybertruck is, officially, a flop...

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TSLA

Will Tesla’s Worst-Ever Q2 Vehicle Sales Drop Shake its ETFs?

Tesla posts its steepest-ever delivery drop, yet its ETFs, such as TESL, XLY, VCR, NITE and FDIS, remain in focus amid increasing robotaxi ambitions...

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