-
DOGE Not 'As Effective As I'd Like,' Says Elon Musk, Calls Reform 'Really Difficult,' Like 'Changing Direction Of A Fleet Of Supertankers'
Friday, May 2, 2025 - 7:55am | 488Elon Musk, has expressed mixed feelings about his first 100 days in office, acknowledging progress in Department of Government Efficiency (DOGE), but admitting limitations. What Happened: Musk described his initial tenure in Washington as “very, very intense.” He praised his team’...
-
Elon Musk Targets Fed's $2.5 Billion Headquarters Renovation As DOGE Scrutiny Of Central Bank Intensifies: 'That's An Eyebrow-Raiser'
Friday, May 2, 2025 - 5:23am | 540Billionaire Elon Musk called for the Department of Government Efficiency (DOGE) to investigate the Federal Reserve’s $2.5 billion headquarters renovation spending, escalating his scrutiny of the central bank as he prepares to reduce his role in the government efficiency initiative. What...
-
Elon Musk Isn't 'Completely Out' Of DOGE — He's Just In 'Maintenance Mode,' Says David Sacks: 'If He Doesn't, There's Gonna Be A Huge Backsliding'
Wednesday, April 30, 2025 - 6:13am | 702President Donald Trump‘s AI and Crypto Czar, David Sacks, on The All-In Podcast, shared his perspective on Elon Musk‘s recent decision to reduce his time commitment to the Department of Government Efficiency (DOGE). What Happened: The All-In Podcast posted a series of quotes from Sacks...
-
Ex-SpaceX Intern And Miami VC From DOGE Gain Access To Highly Classified US Nuclear Networks Without Top Clearance: Report
Wednesday, April 30, 2025 - 5:06am | 509Two people connected with the Department of Government Efficiency (DOGE) were provided accounts on classified U.S. government networks that manage sensitive nuclear weapons data, according to a report. What Happened: Luke Farritor, a 23-year-old former SpaceX intern, and Adam Ramada, a Miami...
-
Elon Musk's DOGE Influence Could Help His Companies Avoid Over $2 Billion In Potential Liabilities: Senate Report
Tuesday, April 29, 2025 - 1:59am | 621Billionaire and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk could potentially dodge over $2 billion in financial liabilities due to his sway over the U.S. government, according to a report by Senate Democratic committee staffers. What Happened: Musk's “Department of Government Efficiency” (...
-
Elon Musk's DOGE Saves $160 Billion But Could Lead To Billions In Hidden Costs For Taxpayers, Warns New Analysis: 'Public...Will End Up Paying For This'
Monday, April 28, 2025 - 5:59am | 627The Department of Government Efficiency (DOGE), spearheaded by Elon Musk, has reportedly saved $160 billion by eliminating wasteful government spending. However, a recent analysis reveals the amount that DOGE’s actions will cost taxpayers. What Happened: The analysis, conducted by the...
-
Trump's AI And Crypto Czar David Sacks Says Elon Musk Going To 'Stay Involved' In DOGE, Calls Entrepreneur Rationing His Time Sensible
Monday, April 28, 2025 - 1:08am | 662Last Tuesday, Elon Musk revealed that he is shifting focus from the Department of Government Efficiency to Tesla Inc. (NASDAQ:TSLA). The announcement sent the automaker's stock soaring nearly 24% in the past five days. Now, Donald Trump's AI and crypto czar, David Sacks, has offered insight into...
-
Elon Musk Is $122 Billion Poorer In 2025, And Still Richer Than Bezos, Huang, Cuban Combined
Thursday, April 24, 2025 - 2:50pm | 620Tesla Inc (NASDAQ:TSLA) stock ended 2024 on a high note with shares hitting all-time highs in December, helping boost the wealth of CEO Elon Musk. The start of 2025 has been anything but the same, with shares down and Musk's wealth falling by more than $100 billion. What Happened: Musk ended 2024...
-
Elon Musk's Wealth Skyrockets By Billions As Tesla Stock Rallies After Billionaire CEO Steps Back From DOGE
Thursday, April 24, 2025 - 6:29am | 714The net worth of Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk witnessed a staggering increase of $7.5 billion on Wednesday as the shares experienced a 5% rally. What Happened: Despite Tesla’s Q1 report revealing profits and revenues below consensus forecasts, the stock’s surge...
-
IBM Plays Down Trump Tariff Concerns: DOGE Could Affect Consulting Business, But Its 'US Federal Business Is Less Than 5%,' Says CEO
Thursday, April 24, 2025 - 4:04am | 705International Business Machines Corporation (NYSE:IBM) has forecasted a “minimal” tariff impact on its business while acknowledging not being “immune” to the Department of Government Efficiency-related initiatives during its first quarter earnings call. What Happened: IBM...
-
Tesla Takedown Says Protests Are Working: Hitting Where It Hurts, 'The Company's Bottom Line'
Wednesday, April 23, 2025 - 3:47pm | 665The involvement of Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk in politics may have hurt demand for the company's vehicles, leading to lower first-quarter financial results. A group protesting against Musk says their efforts are working. What Happened: Since February, there have been over 2,000 Tesla...
-
Tesla Stock Faces Demand, Political, Tariff Pressure: Why Analysts Focus On 'Multiple Generational Growth Drivers'
Wednesday, April 23, 2025 - 12:36pm | 1170Tesla Inc (NASDAQ:TSLA) analysts are cautious on the short-term outlook of the electric vehicle company after it missed revenue and earnings per share estimates in the first quarter. The Tesla Analysts: Truist Securities analyst William Stein maintained a Hold rating on Tesla with a $280 price...
-
Wedbush's Dan Ives Raises Tesla's Price Target To $350 As Elon Musk Promises To 'Significantly' Reduce DOGE Time
Wednesday, April 23, 2025 - 7:08am | 1049Wedbush Securities' Global Head of Technology Research, Daniel Ives, has raised Tesla Inc.‘s (NASDAQ:TSLA) price target to $350 after Elon Musk announced “significantly” reducing his time allocation to the Department of Government Efficiency in its earnings call on Tuesday. What...
-
Elon Musk Hits Out At Tesla Protesters, Says They Profited From Government 'Waste And Fraud' He Cut Using DOGE: 'They're The Recipients Of Wasteful Largesse'
Wednesday, April 23, 2025 - 3:32am | 602Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), has leveled accusations against protestors at Tesla showrooms, stating they are funded by government waste and fraud. What Happened: Musk made these statements during Tesla’s first quarter earnings call, suggesting that the...
-
Tesla In 'Code Red Situation' As Analyst Flags 6 Threats Tied To Musk's Government Role
Tuesday, April 22, 2025 - 2:24pm | 787Ahead of Tesla Inc's (NASDAQ:TSLA) first-quarter earnings on Tuesday, a well-known analyst is drawing a hard line in the sand that CEO Elon Musk should take a step back from the White House and commit fully to the electric vehicle company. What Happened: Wedbush analyst Dan Ives may be known as one...