Since it’s been making electric vehicles, Tesla Inc. has raked in almost $12 billion straight from the coffers of its competitors. If Donald Trump gets his way, that revenue stream won’t flow quite as quickly the next few years.
Elon Musk supports Donald Trump and wasn't willing to talk positively or negatively of the president's EV policies during Tesla's Q4 earnings call.
Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.
The S&P 500 dropped sharply during the last half hour of trading but then erased most of its decline, with the action coming as President Donald Trump offered fresh comments about 25% tariffs on Canada and Mexico.
Executive orders and announcements by President Trump have put billions of dollars in U.S. climate commitments into question.
Following reports that Musk has overstayed his welcome in the president’s inner circle, Trump asks the billionaire to “go get” two stranded astronauts.
Amidst political tensions, President Trump criticized the Biden administration for leaving astronauts Sunita Williams and Butch Wilmore aboard the ISS. Elon Musk has stepped in, stating SpaceX will bring them home,
Tesla has made billions off electric cars its rivals aren't selling, but President Donald Trump's anti-EV policies put that revenue stream at risk.
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose after the results' release.
Honda Motor said on Wednesday it will boost its investments in three Ohio auto plants by $300 million to have flexibility to build EVs, hybrids and gas-powered vehicles on the same assembly line. The Japanese automaker in 2022 had announced plans to invest $700 million in three plants but is now lifting that to $1 billion,
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.