Tesla

July 2, 2025 3:09 AM

Trump escalates feud with Musk, threatens Tesla, SpaceX support

U.S. President Donald Trump on Tuesday threatened to cut off the billions of dollars in subsidies that Elon Musk's companies receive from the federal government, in an escalation of the war of words between the president and the world's richest man, one-time allies who have since fallen out. The feud reignited on Monday when Musk, who spent hundreds of millions on Trump's re-election, renewed his criticism of Trump's tax-cut and spending bill, which would eliminate subsidies for electric vehicl...

July 1, 2025 11:41 AM

Trump suggests DOGE look at Musk’s companies to save money

U.S. President Donald Trump suggested on Tuesday that his efficiency department should take a look at the subsidies that Tesla CEO Elon Musk's companies have received in order to save the federal government "BIG" money. Trump's comments come after billionaire Elon Musk renewed his criticism on Monday of Trump's sweeping tax-cut and spending bill, vowing to unseat lawmakers who backed it after campaigning on limiting government spending. "Elon may get more subsidy than any human being in histor...

June 23, 2025 11:11 AM

Tesla rolls out robotaxis in Texas test

Tesla deployed a small group of self-driving taxis picking up paying passengers on Sunday in Austin, Texas, with CEO Elon Musk announcing the "robotaxi launch" and social-media influencers posting videos of their first rides. The event marked the first time Tesla cars without human drivers have carried paying riders, a business that Musk sees as crucial to the electric car maker's financial future. He called the moment the "culmination of a decade of hard work" in a post on his social-media pl...

June 11, 2025 9:24 AM

Tesla’s public robotaxi rides set for tentative June 22 start, CEO Musk says

Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans of the electric vehicle maker eagerly await rollout of the long-promised service. Musk has staked Tesla's future on self-driving vehicles, pivoting away from plans to build a cheaper EV platform, and much of the company's valuation hangs on that vision. But commercializing autonomous vehicles (AV) has been challenging with safety concerns,...

June 6, 2025 9:25 AM

Trump, Musk feud explodes with threats of cutting contracts, backing impeachment

President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk's companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media. The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full public view, as the world's most powerful man and its richest launched personal barbs at one another on Trump's Truth Social...

May 29, 2025 9:37 AM

Elon Musk leaving Trump administration, capping turbulent tenure

Billionaire Tesla CEO Elon Musk is leaving the Trump administration after leading a tumultuous efficiency drive, during which he upended several federal agencies, but ultimately failed to deliver the generational savings he had sought. His "off-boarding will begin tonight," a White House official told Reuters late Wednesday, confirming Musk's departure from government. Musk earlier on Wednesday took to his social media platform X to thank President Donald Trump as his time as a special governme...

March 26, 2025 8:11 PM

Tesla to launch in Saudi Arabia as Musk and the kingdom mend relations

Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signalling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire's short-lived bid in 2018 to take the company private. Tesla trades in other Middle Eastern countries, but not in Saudi Arabia, the Gulf region's largest market. The dispute started when Musk tweeted in 2018 he had "funding secured" to take Tesla private after meeting Saudi Arabia's sovereign wealth fund, th...

February 21, 2025 11:40 AM

Centre likely to modify new EV policy as Tesla gears up to enter India

As Tesla prepares to enter India this year, the government is likely working on to modify the terms of a new policy that promotes manufacturing of electric vehicles (EVs) in the country. In a bid to attract the likes of Tesla, the tweaked EV policy may mandate carmakers to show a turnover of Rs 2,500 crore in the second year itself, as per sources. Centre may also offer further import duty relief. The government is likely to start accepting applications after the updated EV policy is notified ...

February 18, 2025 1:02 PM

Elon Musk’s Tesla kicks off hiring in India amid strengthening ties with government

Elon Musk-owned Electric car maker Tesla Inc. has officially begun its hiring process in India, marking a significant step towards its long-anticipated entry into the domestic market. On Monday, the electric vehicle (EV) giant posted a job listing on LinkedIn for the position of Consumer Engagement Manager in the Mumbai Metropolitan Region. The role is a full-time, on-site position, indicating Tesla's commitment to building a direct presence in the country. https://www.linkedin.com/jobs/view/41...

February 4, 2025 9:46 AM

Trump makes Musk, the world’s richest man, a ‘special government employee’

Elon Musk, who has moved swiftly to shrink the size of the U.S. government at President Donald Trump's behest, is now considered a "special government employee," the White House said on Monday. The designation allows Musk, the world's richest man, to work for the federal government but potentially avoid disclosure rules about conflicts of interest and finances that apply to regular government employees. Musk still runs electric car company Tesla and aerospace company SpaceX while chairing Trum...