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Elon Musk has been feuding with President Trump over a bill the president is championing that, among other things, cuts ...
Electric vehicles are expected to take a hit under the existing reconciliation budget proposal, but that isn’t the only ...
A group of 13 House Republicans—12 of whom backed Trump’s policy bill, and several whose campaigns were backed heavily by ...
Shares of Elon Musk’s electric vehicle maker fell sharply Thursday as investors feared his dispute with President Donald ...
Tesla stock extended declines from earlier in the week as Trump and Musk traded words over the GOP budget bill, which Musk ...
So far in 2025, Tesla has spent $240,000 lobbying Washington in favor of the electric vehicle (EV) tax credit, along with ...
Tesla CEO Elon Musk on Wednesday ramped up his criticism of President Trump’s signature budget legislation, after calling the ...
Tesla faces political headwinds and fading catalysts after Elon Musk’s public spat with Trump, dampening near-term outlook.
Shares of Tesla dropped on Thursday as Trump responded to Elon Musk's criticism of the budget bill. The stock fell 14%, the most since March, as the president and the Tesla CEO traded barbs.
The drop comes as shares of the EV maker saw a 22% rally in May with Musk wrapping his time as Trump’s Department of ...
Bloomberg reports Musk may also be driven by the fact that the federal EV tax credit is being phased out by the bill, and he fought hard to keep it in place as a key driver for Tesla's business.
For one, the “big, beautiful bill” slashes the electric vehicle tax credit, which helps automakers like Tesla. “As of late April, Tesla had poured at least $240,000 into lobbying efforts ...