TESLA EARNINGS REPORT
Elon Musk was asked who would lead DOGE after he quits. He invokes Buddha and Buddhism
Elon Musk is reportedly set to quit the Department of Government Efficiency (DOGE) this month as his 130-day stint ends. DOGE chief Elon Musk claimed that his federal workforce slashing initiative so far has saved $160 billion — far less than his original projections. Elon Musk invoked Buddha and Buddhism when he was asked who would lead DOGE once he quits.
Will DOGE's cost-cutting measures go as Elon Musk leaves Trump this month? Check details
Elon Musk, a close ally of US President Donald Trump, is quitting DOGE this month. DOGE faced severe criticism for its cost-cutting programs and laying off several federal workforce. As the world’s wealthiest man is ‘significantly’ stepping back from the White House, will the cost-cutting measures go? One week before Trump’s 100th day in office, the billionaire said he plans to spend less time in Washington DC.
Tesla looking for Elon Musk's replacement? World's richest man reacts
Tesla has denied claims that it is seeking to replace Elon Musk as CEO, following a Wall Street Journal report suggesting a quiet board-led search. Chair Robyn Denholm dismissed the story as “absolutely false,” while Musk called it a “deliberately false article.” The report comes amid sharp profit declines, falling sales, political backlash, and Musk’s increasing time in Washington under the Trump administration. While speculation swirls, Tesla’s future leadership—and Musk’s focus—remain central concerns within the company and among investors.
100-day pain: These billionaires who donated to Donald Trump's inauguration have lost $194 billion, and counting
Donald Trump's policies impact tech giants. Elon Musk, Jeff Bezos, Mark Zuckerberg, and Jensen Huang face huge financial setbacks. Trade wars and export controls affect their companies. Tesla, Amazon, Meta, and Nvidia shares decline. Tim Cook and Sundar Pichai also see losses. Market disruptions hurt tech billionaires despite their earlier support for Trump. The losses are significant.
US stock market today: Futures fluctuate amid big tech earnings and Trump's tariff policies; S&P 500, Dow Jones, Nasdaq updates, and Magnificent Seven stock performance
US stock market today is swinging between gains and losses as investors react to Big Tech earnings and Trump’s latest tariff news. The S&P 500, Dow Jones, and Nasdaq are all feeling the heat, while stocks like Apple, Microsoft, and Amazon—part of the Magnificent Seven—could shift market momentum. With futures wavering and sectors responding differently, traders are staying cautious. This is your one-stop update on top gainers, market trends, and what’s moving Wall Street right now.
Trump’s first 100 days spark MAGA meltdown: Tesla crashes 32%, dollar drops 9%
Trump’s first 100 days back in office have erased trillions in market value, with the S&P 500 down 7% and the dollar index dropping over 9%. High-profile stocks like Tesla and Trump Media have plunged, while economic uncertainty grows amid aggressive tariffs and geopolitical risks. Wall Street’s early optimism has given way to what’s now being called the “Sell America” trade.
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Asian stocks rise with earnings, economic data in focus
Australian and Japanese shares climbed at the open and equity-index futures for Hong Kong pointed to a moderate gain. US stock futures edged lower after Super Micro Computer Inc. tumbled in late trading on a disappointing update. Treasuries extended this month’s advance, with 10-year yields falling for a seventh day. The dollar was little changed after strengthening on Tuesday. Gold rose and oil dropped.
Elon Musk’s cost-cutting war on Uncle Sam hits his own wallet; world's richest man loses 25% of fortune in bid to dismantle wasteful spending
Elon Musk's fortune crash has shocked investors as the billionaire lost 25% of his wealth—over $113 billion—after joining Trump’s government project, DOGE. Tesla stock plunged 33%, wiping out $448.3 billion in value, as public backlash soared. Musk’s bold role in Washington brought influence and controversy, helping SpaceX, XAI, and X (formerly Twitter), but hurting his image. With rising disapproval and pressure from investors, Musk is now stepping back from government work. This powerful and personal shift raises questions about what’s next for Tesla and Musk’s empire. Here’s the full story behind the money, politics, and fallout
US stock market today: Dow jumps 230 as Nasdaq slides and S&P stumbles; UPS cuts, Trump tariffs rattle Wall Street in worst 100-day start for markets in 50 years
US stock market today: Dow Jones today surged 230 points even as the S&P 500 slipped and the Nasdaq fell, wrapping up a wild day on Wall Street. Big headlines like UPS job cuts and Trump’s new China tariffs shook investors. With fears rising and major indexes moving in different directions, the U.S. stock market is now facing its worst 100-day start under any president in over 50 years. From tech stocks tumbling to new trade tensions, this market is giving investors plenty to worry about.
'100 days of destruction': Elon Musk's alliance with Trump cost him $113,000,000,000 as he nears 130-day DOGE stint
Elon Musk is stepping back from his role in the Trump administration's cost-cutting team, DOGE, amidst Tesla's earnings plunge. His involvement granted unprecedented access and influence, benefiting SpaceX and X, formerly Twitter. However, Tesla faced backlash, with a significant stock drop and protests. Musk's departure raises questions about the sustainability of DOGE's cost-saving measures and his future advisory role. Elon Musk lost 25 percent of his wealth after he joined DOGE.
Report reveals how DOGE boss Elon Musk dodged $2.37 billion in fines
A report suggests Elon Musk potentially avoided $2.37 billion due to his role in the Trump administration. As head of the Department of Government Efficiency, investigations into Musk's companies diminished. This benefited his enterprises. The DOJ withdrew a discrimination case against SpaceX. Tesla still faces legal challenges. Musk announced his departure from DOGE to focus on Tesla.
Megacaps drag Wall Street lower as traders brace for earnings, data-packed week
US stocks are showing mixed performance ahead of key economic reports and earnings from major companies like Amazon, Apple, and Microsoft. Investors are cautiously watching for signals on economic growth and the impact of potential tariffs. Concerns linger about consumer confidence and potential slowdowns in hiring, influenced by trade uncertainties.
How much do DOGE staffers really earn? Reports suggest their salaries far exceed Elon Musk’s 'zero compensation' claim
Despite Elon Musk's claims of working for free, his Department of Government Efficiency (DOGE) staff is reportedly earning six-figure salaries, funded by taxpayers. While Musk’s team boasts $160 billion in savings, a nonpartisan analysis reveals that his reforms have cost taxpayers $135 billion due to staff layoffs, rehires, and lost productivity. The controversy continues to grow.
Elon Musk pulls back from Trump's DOGE role to refocus on Tesla
Musk posted a picture of himself wearing an X-branded t-shirt, instead of the "Tech Support" and "DOGE" t-shirts he has frequently been wearing since Donald Trump returned as US President. The post comes days after Tesla’s earnings call, where the car maker reported a 20% fall in car sales and a massive 70% plunge in Q1 2025. Musk addressed growing shareholder concerns over his divided focus.
Too little, too late: Wall Street traders say Elon Musk’s return to Tesla won’t reverse the damage already done
Elon Musk Tesla comeback is making headlines, but Wall Street traders say the damage is already done. After stepping back from his political spotlight, Musk has promised to refocus on Tesla. Yet, investors remain doubtful. With Tesla’s Q1 2025 earnings missing expectations, revenue down to $19.3 billion, and stock falling 35% this year, many believe it’s too late for a turnaround. From brand damage to falling global sales, the road ahead looks steep.
US stock market today: Nasdaq soars 1.9%, S&P 500 gains 1.4% as big tech rallies; Dow lags on IBM drop – Texas Instruments, ServiceNow lead earnings winners, P&G, Chipotle slide
US stock market today surged as the Nasdaq jumped 1.9% and the S&P 500 added 1.4%, powered by a major tech rally. Big names like Texas Instruments and ServiceNow soared after strong earnings, lifting the overall market mood. But not all stocks joined the party—IBM dragged the Dow with a 0.1% dip, and Procter & Gamble along with Chipotle slipped. Investors are closely watching these mixed signals, especially with AI-related and chip stocks in focus.
As Tesla earnings drop, Elon Musk issues dire warning: ‘America’s collapse would be Tesla’s too, there’s no escape plan’
Tesla's recent earnings report revealed a significant downturn, with revenue and sales declining sharply. CEO Elon Musk cautioned that Tesla's fate is intertwined with the United States. Critics attribute Tesla's struggles to Musk's political involvement, citing boycotts and protests. Musk defended his actions, announcing a renewed focus on Tesla and reduced involvement with DOGE work to address shareholder concerns.
Elon Musk warns rare earth magnet shortage may delay Tesla's robots
While Tesla navigates this supply chain challenge, other robot manufacturers like Agility Robotics are adapting designs to minimize reliance on these rare earth magnets.
Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war
Ongoing tariff uncertainty and a volatile trade war are disrupting company forecasts and operations. Firms like Tesla, Akzo Nobel, Boston Scientific, Boeing, and AT&T report mixed impacts—ranging from supply chain disruptions to consumer demand concerns. Treasury Secretary Bessent expects de-escalation with China, but formal negotiations haven’t begun, leaving future impacts unclear.
Elon Musk steps back from Trump administration: What will happen to DOGE? Here's what to expect
Tesla shareholders are pressuring Elon Musk to resign from his government position at the Department of Government Efficiency (DOGE) and fully dedicate himself to the EV maker. This comes as Tesla's profits plummeted by 71% in the first quarter of 2025. Musk defended his government work, stating its necessity, but indicated a shift back to Tesla starting in May.
Elon Musk plans to bow out from government role as Tesla profits dive 71% in first quarter
Tesla’s profits plunged 71% in the first quarter of 2025 amid rising global protests against CEO Elon Musk’s involvement with the Trump administration. Musk announced he would scale back time spent on government work and refocus on Tesla and his other businesses. Tariff tensions and political uncertainty added to the company’s challenges, while deliveries declined and revenue missed expectations. Tesla’s hopes now rest on a promised affordable EV and the upcoming launch of robotaxis, despite ongoing concerns over safety and regulation.
Tesla earnings report: Is Elon Musk returning from Trump administration DOGE to manage automaker?
Tesla stock has nearly halved from its December peak. The electric vehicle maker is fighting an enormous public backlash due to Elon Musk’s leadership of a federal government cost-cutting Department of Government Efficiency (DOGE).
US Stock Market Today: Market rallies as Dow jumps 810 points, S&P 500 gains 109 points, Nasdaq surges 2.4% amid Tesla rebound, Trump-Fed tensions, and defense stock losses
US Stock Market Today: Dow rallies 810 points as Wall Street shakes off Monday’s massive sell-off, regaining ground amid Trump’s escalating attacks on Fed Chair Jerome Powell. The stock market rebound was led by strong earnings from 3M, gains in Tesla, Netflix, Meta, and easing global trade fears. Meanwhile, defense stocks like RTX and Northrop Grumman tumbled on tariff concerns. Investors remain cautious as Powell stands firm against pressure to cut rates. With Tesla and major tech earnings ahead, uncertainty still lingers.
‘The clock is ticking’: Top analyst Daniel Ives claims Tesla and Elon Musk are nearing a Make-or-Break moment as doubts intensify
Tesla's shares are declining since early 2025. Analysts worry about Elon Musk's leadership. His political role and work with the Department of Government Efficiency (DOGE) are hurting Tesla. Daniel Ives warns of a 'code red' situation. He suggests Musk should leave the government and focus on Tesla. Experts say consumers are reacting negatively.
Dow falls 1,000 points at open, Nasdaq down 3%, S&P 2% as Trump takes aim at Fed's Powell
Wall Street's main indexes opened down on Monday after U.S. President Donald Trump's renewed attacks against Federal Reserve Chair Jerome Powell sparked concerns about the central bank's independence and rattled investors grappling with an escalating trade war.
Wall Street ends sharply lower following Trump's anti-Powell tirade
All three major indexes tumbled more than 2%, with big losses in the "Magnificent Seven" group of megacap growth stocks weighing heaviest on the tech-laden Nasdaq.
Asian markets advance ahead of earnings reports by US tech giants
Asian markets rose Monday while US futures declined ahead of Big Tech earnings amid ongoing trade tensions under Trump. The trade war, weaker dollar, and recession fears unsettle investors. Oil prices fell, and Bitcoin surged. Markets in many regions were closed for Easter, and US economic credibility faced growing skepticism.
Big Tech's "Magnificent Seven" heads into earnings season reeling from Trump turbulence
Big Tech’s “Magnificent Seven” have lost $3.8 trillion in value since Donald Trump’s January 20 inauguration, as tariffs and regulatory actions fuel uncertainty. Tariff threats, antitrust lawsuits, and export bans have battered supply chains and profits, leaving tech giants scrambling to reassure investors during this turbulent earnings season
Tesla bull warns of 'code red' if Elon Musk sticks with DOGE
Wedbush analyst Dan Ives urges Elon Musk to prioritize Tesla amid concerns that his involvement with the Department of Government Efficiency (DOGE) and association with Trump's policies are damaging the brand. Ives believes Tesla faces a critical moment, with potential demand destruction and a significant stock drop.
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