Musk, Tesla and Donald Trump
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Tesla's going through a bumpy ride. Auto sales are falling, the Trump administration is rolling back on EVs and the company sold bitcoin at a really bad time.
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Motoring USA on MSNTrump Responds as Musk Warns of "Rough Quarters" at TeslaDonald Trump has denied he is to blame for Tesla's recent downturn, pushing back against suggestions that rolling back electric vehicle subsidies would harm Elon Musk's company. "Everyone is stating that I will destroy Elon's companies by taking away some,
President Trump said he wouldn't destroy Elon Musk's companies, such as Tesla and SpaceX, by stripping them of government funding. "Everyone is stating that I will destroy Elon’s companies by taking away some,
President Donald Trump said on Thursday that he won't touch the federal subsidies Elon Musk's companies are enjoying because he wants Musk to continue to prosper. Musk, however, begs to differ. "The 'subsidies' he's talking about simply do not exist,
Tesla reported another quarter of reduced profits after Elon Musk’s stint in the Trump administration. The president’s tax bill creates new business challenges.
Tesla Inc. warned that provisions in President Donald Trump’s $3.4 trillion fiscal package will pose meaningful challenges for the EV maker in the next several months.
The Trump administration’s spending bill “has a lot of changes that would affect our business in the near term,” said Vaibhav Taneja, Tesla’s chief financial officer.
Tesla's chief financial officer, Vaibhav Taneja, said that President Donald Trump's tax bill could affect the availability of its cars.
Shares of the EV maker fell after earnings. Some analysts are skeptical of Tesla’s ability to meet its robo-taxi timelines, cost targets and scale.