Elon Musk

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Survey: Investors Say Musk's Politics Are Hurting Tesla

85% say his political activities are having a 'negative' or 'extremely negative' effect

(Newser) - Tesla's stock has recovered somewhat from its steep drop on Monday—but it's still down more than 34% for the year so far, and investors blame Elon Musk's politics. In a survey conducted by Adam Jonas at Morgan Stanley, 85% of investors said the CEO's political...

White House Reacts to Musk's Social Security Comments

Trump administration insists benefits won't be cut

(Newser) - Elon Musk sparked alarm Monday when he suggested the Department of Government Efficiency might make cuts to Social Security and other entitlement programs, and the Trump administration on Tuesday clarified that no cuts would be made to benefits that are collected under those programs.
  • Musk: "The waste and fraud
...

Trump Buys Tesla at White House
Trump Buys a Tesla
at White House

Trump Buys a Tesla at White House

He says it's a show of support for Musk

(Newser) - President Trump shopped for a new Tesla on the White House driveway on Tuesday, selecting a shiny red sedan to show his support for Elon Musk's company. "Wow," Trump said as he eased his way into the driver's seat of a Model S. "That's...

DC's New Feud Pits Elon Musk vs. Mark Kelly
DC's New Feud
Pits Elon Musk
vs. Mark Kelly
the rundown

DC's New Feud Pits Elon Musk vs. Mark Kelly

Face of DOGE called the senator and former astronaut a 'traitor' for trip to Ukraine

(Newser) - Elon Musk has picked a fight with Democratic Sen. Mark Kelly of Arizona, and the former astronaut and ex-Navy pilot seems happy to oblige. Coverage:
  • The sniping began when Kelly posted a photo of his recent trip to Ukraine, writing that "what I saw proved to me we can'
...

Musk Loses $22B in a Day
Musk Loses
$22B in a Day

Musk Loses $22B in a Day

That puts his net worth down 6.66% to $320B

(Newser) - Monday was a "horrible, no good, very bad day for Elon Musk," MSNBC reports, as the billionaire Tesla and SpaceX CEO lost nearly $23 billion in net worth. First, Musk claimed his social media platform, X, fell victim to a " massive cyberattack " using "a lot...

Musk: 'Massive Cyberattack' Caused X Outages

'Either a large, coordinated group and/or a country is involved,' he says

(Newser) - Hours after a series of outages Monday that left X unavailable to thousands of users, Elon Musk claimed that the social media platform was being targeted in a "massive cyberattack." "We get attacked every day, but this was done with a lot of resources," Musk claimed...

WHO: Tuberculosis Could Surge After Aid Cuts
WHO: Tuberculosis
Likely to Surge After Aid Cuts
the rundown

WHO: Tuberculosis Likely to Surge After Aid Cuts

US would likely feel the effects, too, expert warns

(Newser) - The latest dire warning in the wake of the Trump administration's massive aid cuts: Tuberculosis could surge around the globe. "Without immediate action, hard-won progress in the fight against TB is at risk," the director of the WHO's Global Program on TB and Lung Health said...

Musk, Rubio Had Volatile Exchange in Trump Meeting
Musk, Rubio Had Volatile
Exchange in Trump Meeting
the rundown

Musk, Rubio Had Volatile Exchange in Trump Meeting

Multiple Cabinet members vented, according to the New York Times

(Newser) - President Trump made a surprise move on Thursday by reining in Elon Musk during a last-minute Cabinet meeting. The upshot is that Trump informed his secretaries that they, and not Musk, would be in charge of cuts within their departments going forward. So just what happened at the meeting? The...

Trump Tweaks Orders on Musk's Firings

President says DOGE steps in only if Cabinet members' cuts are insufficient

(Newser) - Despite the mass dismissals, ultimatum emails sent to government employees, and repeated support for his billionaire adviser, President Trump told Cabinet members on Thursday that Elon Musk isn't in charge of their departments and their firings—they are. It was Trump's first significant attempt to limit Musk's...

Social Security Staffers Barred From Reading News at Work

Meanwhile, acting chief acknowledges DOGE will likely make 'mistakes' as it makes cuts

(Newser) - Uncertainty surrounding the Social Security Administration continues, the latest entry coming via the Washington Post . The newspaper reports that acting chief Leland Dudek met with top staff and attorneys representing the elderly and disabled this week and acknowledged that Elon Musk's DOGE team is likely to make "mistakes"...

Trump Administration Looking to Sell 321 Federal Buildings

Some iconic ones were originally included on the list, though many were later removed

(Newser) - The Trump administration on Tuesday published a list of 443 federal properties it says it could close or sell, including the FBI headquarters and the main Department of Justice building, after deeming them "not core to government operations." The list published by the General Services Administration includes some...

Stewart's Not Sure What Musk Thinks 'Bipartisan' Means

He accepts Musk's terms for appearing for Daily Show interview

(Newser) - Jon Stewart has accepted Elon Musk's terms for appearing for a Daily Show interview—though it's not clear whether it's any more likely to happen than the Musk-Mark Zuckerberg cage fight. On Monday, Stewart said that he was fine with Musk's offer to come on the...

DOGE Deletes More Errant Claims From Site

Elon Musk's group updates 'wall of receipts' to drop $4B in claims

(Newser) - DOGE's "wall of receipts" continues to have problems. The Department of Government Efficiency is using the site to list all of the government contracts it has scrapped and to tally up the resulting savings. But from the start, the DOGE list has been plagued by inaccuracies , including the...

Ex-Head of SSA Sees Imminent Social Security 'Collapse'

Martin O'Malley advises to 'start saving now,' predicts some checks may stop in next 30-90 days

(Newser) - The Social Security Administration hasn't missed sending out benefits checks in the more than 80 years that it's been doing so, but that may be about to change amid recent moves by Elon Musk's Department of Government Efficiency to slash spending at government agencies, according to a...

Some Federal Agencies Do U-Turn on Musk Email

Second email to federal workers has a midnight deadline

(Newser) - Federal employees face a midnight deadline to comply with Elon Musk's second demand for reports on their recent accomplishments, a request that has become a flashpoint within the government workforce. The email was sent out Friday evening.
  • Musk and President Trump have suggested that employees who don't comply
...

Democrats Say Musk Showed Social Security Is a Target

Billionaire calls safety net program a 'Ponzi scheme'

(Newser) - The world's richest man has called Social Security a "Ponzi scheme," drawing outrage from Democrats while possibly undercutting his boss. "There are fewer babies being born," Elon Musk told Joe Rogan on his podcast Friday, "and you have more people who are retired that...

Mark Cuban Has Advice for Workers Fired by DOGE

Billionaire suggests tech staffers become consultants 'to fix the mess' now being created

(Newser) - Billionaire Mark Cuban has some advice for government workers laid off by fellow billionaire Elon Musk. "Group together to start a consulting company," he wrote on Bluesky . "It's just a matter of time before DOGE needs you to fix the mess they inevitably create." As...

Elon Musk Has Terse Response to Mike Myers' Impersonation

'Humor fails when it lies,' he tweets after SNL sketch

(Newser) - Elon Musk appears not to have been amused at Mike Myers' impression of him on Saturday Night Live over the weekend, reports Unilad Tech . "Humor fails when it lies," Musk tweeted .
  • In the show's cold open, Myers as Musk crashed a meeting of President Trump and Ukraine'
...

Musk Welcomes Another Heir
Musk Welcomes Another Heir

Musk Welcomes Another Heir

Seldon Lycurgus apparently makes 14 children for the billionaire

(Newser) - Shivon Zilis has announced the arrival of her fourth child with Elon Musk, a boy they named Seldon Lycurgus. He's thought to be the billionaire's 14th child overall, the Telegraph reports. "Built like a juggernaut, with a solid heart of gold," the 38-year-old Canadian executive, who...

Report: Musk's Starlink Is Close to Taking Over FAA Contract

Insiders say agency plans to cancel Verizon's $2.4B air traffic communication upgrade

(Newser) - The Federal Aviation Administration is close to canceling a massive Verizon air traffic control project and handing it to one of Elon Musk's companies, insiders tell the Washington Post report. Verizon was awarded the $2.4 billion contract in 2023 to upgrade the country's air traffic communication system....

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