Kids love Elon Musk’s Cybertrucks. It can be awkward for some...
The Cybertruck has become a nexus point of public opinion about Elon Musk and DOGE, a 4-wheeled emblem of our divided country. Cybertrucks are being vandalized, and drivers are being flipped off. Owners who just thought it was a cool car are stuck with making some sort of political statement — whether they wanted to…
A record number of used Teslas have flooded the market as...
The used car market is flooded with Teslas.March saw a record number of listings for used Teslas on Autotrader, according to data from its parent company, Cox Automotive.As "Tesla Takedown" protests swept across the country in the final week of March, more than 13,000 used Teslas were up for sale, according to the data. That's…
Trump praises Elon Musk but says he doesn’t need him: ‘I...
President Donald Trump said on Thursday that he doesn't really need to have Elon Musk in his administration."Elon has done a fantastic job. Look, he's sitting here, and I don't care. I don't need Elon for anything other than I happen to like him," Trump told reporters during a Cabinet meeting at the White House.Trump…
Elon Musk’s brother, Kimbal, slams Trump’s tariffs as a ‘permanent tax...
Kimbal Musk, the younger brother of Elon Musk, said on Monday that President Donald Trump's slate of reciprocal tariffs would be like imposing a "permanent tax" on US consumers."Who would have thought that Trump was actually the most high tax American President in generations," Musk wrote on X on Monday."Through his tariff strategy, Trump has…
Elon Musk’s net worth dropped below $300 billion
Elon Musk's wealth dropped below $300 billion on Monday for the first time since last year, as the impacts of recent Tesla backlash and sweeping new tariffs collided.The richest man in the world was worth $298 billion as of market close Monday, according to the Bloomberg Billionaires Index. Since the beginning of the year, Musk's…
Elon Musk keeps subtly dissing Trump’s tariffs
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Elon Musk posted a video Monday morning celebrating international trade. Over the weekend, Musk slyly jabbed Trump's tariffs in social media posts and public statements. Stocks swung wildly on Monday, with the S&P 500…
Elon Musk’s zero-tariff proposal with Europe is a sign of weakness...
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Germany's economy minister criticized Elon Musk's zero-tariff proposal as a sign of "weakness." Robert Habeck said Musk should instead pressure Trump to lift tariffs, including the EU's. Musk's call for zero tariffs comes amid…
Elon Musk’s tariff rift with Trump’s top trade advisor is getting...
Elon Musk, one of President Donald Trump's biggest supporters, has been locking horns with Trump's top trade advisor, Peter Navarro."A PhD in Econ from Harvard is a bad thing, not a good thing," the Tesla and SpaceX CEO said of Navarro's academic qualifications in an X post on Saturday."Results in the ego/brains>>1 problem," Musk added.Navarro…
Tesla bull Dan Ives has drastically cut his price target for...
Wall Street analyst Dan Ives, long bullish on Tesla, has soured on the stock.In a note published Sunday, Ives' firm, Wedbush Securities, slashed its 12-month price target for Tesla stock from $550 to $315, a 43% reduction — though still above its current price of $239. "Tesla has essentially become a political symbol globally," the…
Tesla could save itself from a tailspin in sales and shares...
As Tesla sees cratering sales and faltering investor confidence, marketing experts say CEO Elon Musk has repelled the precise political demographic mostly likely to buy his vehicles — and that the path to recovery may not be easy.Aside from Musk selling his 13% stake in Tesla or ceasing his political activities, brand experts told Business…