Tag #Elon Musk

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china.org.cn

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Jun 10, 10:11

Trump's "Megabill" Risks US Debt Crisis

The "One Big Beautiful Bill Act," a U.S. legislative package combining tax cuts and increased spending, passed the House narrowly, increasing the national debt by $2.4 trillion over a decade and prompting concerns about a debt crisis, exacerbated by rising interest payments and reduced foreign inves...

Trump's "Megabill" Risks US Debt Crisis

The "One Big Beautiful Bill Act," a U.S. legislative package combining tax cuts and increased spending, passed the House narrowly, increasing the national debt by $2.4 trillion over a decade and prompting concerns about a debt crisis, exacerbated by rising interest payments and reduced foreign inves...

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How does Elon Musk's criticism of the bill reflect broader political and economic concerns about the U.S. debt situation?

The bill's core is extending the 2017 tax cuts, a key Trump initiative. However, combining these cuts with increased spending on areas like border security and welfare creates a massive budget deficit. This, coupled with rising interest rates on the national debt, exceeding $1 trillion annually, fuels concerns of an unsustainable debt trajectory.

cincodias.elpais.com

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Jun 10, 10:11

Musk's Political Bet Costs Tesla $150 Billion

Elon Musk's $250 million investment in Donald Trump's campaign has caused a $150 billion drop in Tesla's market value, jeopardizing his various business ventures due to potential government repercussions and strained relationships.

Musk's Political Bet Costs Tesla $150 Billion

Elon Musk's $250 million investment in Donald Trump's campaign has caused a $150 billion drop in Tesla's market value, jeopardizing his various business ventures due to potential government repercussions and strained relationships.

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How might Musk's political choices affect his various business ventures, considering the complexities of his business portfolio and international relations?

Musk's support for Trump, despite their falling out, exposes the risks of aligning with political figures. His vast wealth, including stakes in SpaceX and Tesla, makes him vulnerable to potential government repercussions.

foxnews.com

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Jun 9, 22:09

Musk-Trump Feud Appears to Ease Amid Los Angeles Riots

Elon Musk and President Trump, initially at odds over the "big, beautiful, bill," appear to be mending fences following the Los Angeles riots, where Trump deployed 2,000 National Guard troops, bypassing the California Governor, and Musk endorsed Trump's handling of the situation on social media.

Musk-Trump Feud Appears to Ease Amid Los Angeles Riots

Elon Musk and President Trump, initially at odds over the "big, beautiful, bill," appear to be mending fences following the Los Angeles riots, where Trump deployed 2,000 National Guard troops, bypassing the California Governor, and Musk endorsed Trump's handling of the situation on social media.

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Peace, Justice, and Strong Institutions

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What immediate impact has the apparent reconciliation between Elon Musk and President Trump had on the political landscape?

Tensions between Elon Musk and President Trump, initially sparked by disagreements over the "big, beautiful, bill," appear to be easing. Musk's recent sharing of Trump's social media posts regarding the Los Angeles riots suggests a potential reconciliation. This follows Trump's previous dismissal of Musk and assertion that he was "totally lost it.

dw.com

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Jun 8, 07:10

Musk's SpaceX Threat Spurs US to Seek Alternative Space Launch Capabilities

After a public disagreement with President Trump, Elon Musk threatened to cease SpaceX's Crew Dragon operations, prompting NASA and the Pentagon to contact SpaceX competitors, including Rocket Lab, Stoke Space, Blue Origin, and Sierra Space, to accelerate their development of alternative launch capa...

Musk's SpaceX Threat Spurs US to Seek Alternative Space Launch Capabilities

After a public disagreement with President Trump, Elon Musk threatened to cease SpaceX's Crew Dragon operations, prompting NASA and the Pentagon to contact SpaceX competitors, including Rocket Lab, Stoke Space, Blue Origin, and Sierra Space, to accelerate their development of alternative launch capa...

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Industry, Innovation, and Infrastructure

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What immediate actions did NASA and the Pentagon take in response to Elon Musk's threat to withdraw SpaceX's Crew Dragon spacecraft from service?

Following a public dispute with President Trump, SpaceX CEO Elon Musk threatened to withdraw its Crew Dragon spacecraft from service, prompting NASA and the Pentagon to urge SpaceX competitors to accelerate their rocket and spacecraft development. At least three companies—Rocket Lab, Stoke Space, and Blue Origin—received requests from NASA. Sierra Space also expressed readiness to support the ISS.

cnn.com

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Jun 8, 01:10

Tesla Sales Plunge as Anti-Musk Protests Continue

Amidst a public feud with Donald Trump and plummeting Tesla sales, demonstrations against Elon Musk continue nationwide, organized under the Tesla Takedown movement.

Tesla Sales Plunge as Anti-Musk Protests Continue

Amidst a public feud with Donald Trump and plummeting Tesla sales, demonstrations against Elon Musk continue nationwide, organized under the Tesla Takedown movement.

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What is the immediate impact of the ongoing protests and negative publicity on Tesla's financial performance?

Tesla sales dropped 13% in the first quarter of 2024, the largest decline in the company's history, while its stock price fell 14% this week and 47% from its peak. Simultaneously, demonstrations against Elon Musk, spurred by his involvement in a government project and his feud with Donald Trump, continue across the US.

cbsnews.com

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Jun 8, 01:10

Warren Demands Contingency Plans Amidst Musk-Trump Dispute

Senator Elizabeth Warren is demanding contingency plans from Secretary Marco Rubio concerning the potential breach of contracts between the U.S. government and Elon Musk's companies, SpaceX and Starlink, due to a public dispute between Musk and President Trump, raising national security concerns.

Warren Demands Contingency Plans Amidst Musk-Trump Dispute

Senator Elizabeth Warren is demanding contingency plans from Secretary Marco Rubio concerning the potential breach of contracts between the U.S. government and Elon Musk's companies, SpaceX and Starlink, due to a public dispute between Musk and President Trump, raising national security concerns.

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Industry, Innovation, and Infrastructure

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How does the history of government subsidies for SpaceX and Musk's past political contributions influence the current dispute and its potential consequences?

The request stems from President Trump's threat to terminate Musk's government contracts and subsidies, and Musk's subsequent (since retracted) threat to decommission SpaceX's Dragon spacecraft. This underscores the significant financial reliance of NASA and other U.S. agencies on Musk's companies, particularly for space exploration and communication infrastructure. The situation exemplifies the risks associated with concentrated power in private hands.

dailymail.co.uk

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Jun 10, 16:12

Trump Revokes NASA Nominee, Shattering Musk Alliance

Donald Trump revoked Jared Isaacman's NASA nomination, escalating tensions with Elon Musk after revelations of Isaacman's past legal issues, substantial Democratic political donations, and close ties to SpaceX, which holds billions in government contracts.

Trump Revokes NASA Nominee, Shattering Musk Alliance

Donald Trump revoked Jared Isaacman's NASA nomination, escalating tensions with Elon Musk after revelations of Isaacman's past legal issues, substantial Democratic political donations, and close ties to SpaceX, which holds billions in government contracts.

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What immediate consequences resulted from Donald Trump's revocation of Jared Isaacman's NASA nomination, and how did this action affect the relationship between Elon Musk and Trump?

Elon Musk's public falling-out with Donald Trump escalated after Trump revoked the NASA nomination of Jared Isaacman, a SpaceX investor with past legal issues and significant Democratic political donations. This action followed Musk's increasingly harsh criticism of Trump's policies, culminating in calls for Trump's impeachment.

kathimerini.gr

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Jun 9, 01:10

Musk-Trump Feud: Public Split Jeopardizes Political Contributions and Business Interests

Elon Musk's highly publicized split from US President Donald Trump has turned into a bitter public feud involving mutual accusations, jeopardizing Musk's political contributions and business interests, and raising questions about Trump's involvement in the Jeffrey Epstein scandal.

Musk-Trump Feud: Public Split Jeopardizes Political Contributions and Business Interests

Elon Musk's highly publicized split from US President Donald Trump has turned into a bitter public feud involving mutual accusations, jeopardizing Musk's political contributions and business interests, and raising questions about Trump's involvement in the Jeffrey Epstein scandal.

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What are the immediate consequences of Elon Musk's public falling out with President Trump?

Tesla founder Elon Musk's initially amicable split from US President Donald Trump has devolved into a very public and acrimonious feud, complete with serious mutual accusations. Musk alleges Trump's involvement in the Jeffrey Epstein scandal and calls for his impeachment and replacement by Vice President Jay D. Vance. The falling out is attributed to Tesla's plummeting stock price linked to Musk's White House proximity, disagreements over tariffs and tax cuts, and unfulfilled promises of budget cuts.

bbc.com

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Jun 9, 13:13

Trump-Musk Feud Shakes Tesla's Market Value

Donald Trump is considering selling or donating his Tesla Model S, purchased to support Elon Musk, amid a public feud that caused a $150 billion drop in Tesla's market value and raised concerns about the company's future prospects.

Trump-Musk Feud Shakes Tesla's Market Value

Donald Trump is considering selling or donating his Tesla Model S, purchased to support Elon Musk, amid a public feud that caused a $150 billion drop in Tesla's market value and raised concerns about the company's future prospects.

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Industry, Innovation, and Infrastructure

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How did Elon Musk's past support for Donald Trump impact Tesla's stock price and what factors are now contributing to its decline?

The conflict between Trump and Musk resulted in a significant drop in Tesla's stock price, causing a $150 billion loss in market value and a $34 billion loss for Musk's personal wealth. This contrasts sharply with the previous surge in Tesla's value, which had increased by over $450 billion due to Musk's support for Trump and expectations of reduced government regulations. The current tension raises concerns about Tesla's future prospects, particularly regarding its autonomous taxi project and import tariffs.

bbc.com

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Jun 8, 04:08

NASA Faces Deep Budget Cuts Amidst Trump-Musk Feud

A proposed NASA budget cut of nearly 25%, driven by a Trump-Musk dispute and White House requests, threatens 40 science missions, impacting Earth observation, international collaborations, and NASA's long-term exploration goals.

NASA Faces Deep Budget Cuts Amidst Trump-Musk Feud

A proposed NASA budget cut of nearly 25%, driven by a Trump-Musk dispute and White House requests, threatens 40 science missions, impacting Earth observation, international collaborations, and NASA's long-term exploration goals.

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What are the immediate consequences of the proposed NASA budget cuts, and how do these affect international collaborations and scientific research?

The conflict between Donald Trump and Elon Musk jeopardizes NASA's budget, resulting in proposed cuts to science projects by almost 50%, impacting 40 missions. This threatens NASA's reliance on SpaceX for ISS resupply and future lunaMars missions.

edition.cnn.com

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Jun 8, 01:10

Vance Criticizes Musk's Attacks on Trump, Emphasizing Republican Unity

Vice President JD Vance criticized Elon Musk's public attacks on President Trump, calling them unhelpful and unproductive, while emphasizing the importance of unity within the Republican party and expressing concern over their feud's impact on the country; the incident occurred during a podcast tapi...

Vance Criticizes Musk's Attacks on Trump, Emphasizing Republican Unity

Vice President JD Vance criticized Elon Musk's public attacks on President Trump, calling them unhelpful and unproductive, while emphasizing the importance of unity within the Republican party and expressing concern over their feud's impact on the country; the incident occurred during a podcast tapi...

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Peace, Justice, and Strong Institutions

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What factors contributed to Elon Musk's attacks on President Trump, and what are the potential ramifications for Musk's business interests?

Musk's criticism, including allegations against Trump without evidence and suggestions for impeachment, prompted Vance's response during a podcast taping. Vance's measured response, despite prior positive interactions with Musk, highlights the political tensions and potential consequences of public disagreements within the Republican party. The incident underscores the complex dynamics between business leaders and political figures.

edition.cnn.com

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Jun 8, 01:10

Anti-Musk Protests Continue Despite Tesla CEO's Resignation

Following Elon Musk's resignation from his government role and his feud with Donald Trump, the Tesla Takedown movement held protests on June 28th, resulting in smaller-than-expected attendance in Washington, D.C., while Tesla experiences a 13% sales drop and a 47% stock decline.

Anti-Musk Protests Continue Despite Tesla CEO's Resignation

Following Elon Musk's resignation from his government role and his feud with Donald Trump, the Tesla Takedown movement held protests on June 28th, resulting in smaller-than-expected attendance in Washington, D.C., while Tesla experiences a 13% sales drop and a 47% stock decline.

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What is the immediate impact of the ongoing Tesla Takedown demonstrations on Elon Musk and Tesla?

Following Elon Musk's resignation from the Department of Government Efficiency (DOGE) and his public feud with Donald Trump, demonstrations against Musk continue. The Tesla Takedown movement organized protests on June 28th, with approximately 30 attendees in Washington, D.C., significantly fewer than the previous week's event. Tesla sales have plummeted 13% this year, and Tesla's stock is down 47% from its peak.

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