Trump, Elon Musk and Tesla
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President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
The Trump administration is reportedly looking for alternatives to Musk’s SpaceX as contractor for its Golden Dome missile defense system.
President Trump extended an olive branch to his friend-turned-critic Elon Musk, saying he has no intention to "destroy" his companies.
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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,
On the earnings call, Musk warned Tesla "could have a few rough quarters" ahead as green energy tax credits disappear.
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.
Elon Musk was referring to an earlier post by Donald Trump on Truth Social, which claimed that he wanted the Tesla CEO to “THRIVE”.
Tesla's shares price declined 1.74% for the week on Friday, two days after posting declining profits for a third straight quarter amid increased competition and a pending loss of federal tax credits.
Tesla's chief financial officer, Vaibhav Taneja, said that President Donald Trump's tax bill could affect the availability of its cars.
Tesla’s earnings and revenue both fell by double-digit percentages following the biggest sales drop in the company’s history. The automaker also faces a number of financial headwinds, including the loss of a $7,