Tag #Elon Musk

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forbes.com

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Mar 6, 22:12

Trump's Tariffs Slash $122 Billion from Elon Musk's Net Worth

Elon Musk, President Trump's cost-cutting chief and head of the Department of Government Efficiency, experienced a $122 billion decrease in net worth as Tesla stock plummeted due to Trump's tariffs, impacting imports from China and Canada.

Trump's Tariffs Slash $122 Billion from Elon Musk's Net Worth

Elon Musk, President Trump's cost-cutting chief and head of the Department of Government Efficiency, experienced a $122 billion decrease in net worth as Tesla stock plummeted due to Trump's tariffs, impacting imports from China and Canada.

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How do President Trump's tariffs specifically affect Tesla's operations and profitability?

The decline in Tesla's stock price, and consequently Musk's net worth, is directly linked to President Trump's tariffs. These tariffs negatively affect Tesla's operations, impacting imports from China and Canada, crucial for Tesla's production. Musk's close ties to the Trump administration, leading the Department of Government Efficiency, also influence investor sentiment.

dailymail.co.uk

🌐 85% Global Worthiness

Mar 6, 10:10

Musk's Poll Reveals Strong Preference for Permanent Daylight Time

Elon Musk's X poll, with over 1.1 million responses in 13 hours, shows 58 percent of participants favor permanently setting clocks an hour ahead if daylight saving time ends, igniting debate and highlighting state-level legislative efforts already underway.

Musk's Poll Reveals Strong Preference for Permanent Daylight Time

Elon Musk's X poll, with over 1.1 million responses in 13 hours, shows 58 percent of participants favor permanently setting clocks an hour ahead if daylight saving time ends, igniting debate and highlighting state-level legislative efforts already underway.

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What are the immediate implications of the results of Elon Musk's poll on the debate surrounding the abolishment of daylight saving time in the US?

Elon Musk's recent poll on X, garnering over 1.1 million responses in 13 hours, revealed that 58 percent of participants prefer permanently shifting clocks forward by an hour if daylight saving time is abolished. This follows Musk's months-long advocacy for ending daylight saving, echoing a previous Trump campaign pledge. The poll highlights significant public support for a specific time adjustment.

us.cnn.com

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Mar 6, 07:10

CFPB Internal Emails Reveal Chaos Amidst Efforts to Dismantle Agency

Internal emails from the Consumer Financial Protection Bureau (CFPB) reveal chaos and confusion following recent firings and directives to halt work, hindering the agency's ability to meet its legal obligations and protect consumers, as revealed in a recent court filing.

CFPB Internal Emails Reveal Chaos Amidst Efforts to Dismantle Agency

Internal emails from the Consumer Financial Protection Bureau (CFPB) reveal chaos and confusion following recent firings and directives to halt work, hindering the agency's ability to meet its legal obligations and protect consumers, as revealed in a recent court filing.

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What are the immediate consequences of the conflicting directives and staff firings at the CFPB?

The Consumer Financial Protection Bureau (CFPB) is facing significant internal disruption due to recent firings and conflicting directives from leadership. This has led to confusion among employees regarding permissible work, hindering the agency's ability to fulfill its statutory obligations, such as consumer protection and financial abuse investigations. A federal judge's order blocking substantial changes to the agency is proving difficult to implement amidst the chaos.

nbcnews.com

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Mar 6, 04:13

Musk Seeks Congressional Approval for DOGE Spending Cuts

Elon Musk met with Senate and House Republicans on Wednesday to discuss a rescission package to make permanent the spending cuts enacted by his Department of Government Efficiency, which has faced legal challenges and voter backlash.

Musk Seeks Congressional Approval for DOGE Spending Cuts

Elon Musk met with Senate and House Republicans on Wednesday to discuss a rescission package to make permanent the spending cuts enacted by his Department of Government Efficiency, which has faced legal challenges and voter backlash.

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What immediate impact do the proposed rescission package and Musk's meetings with Republicans have on the government's spending cuts?

Elon Musk met with Senate Republicans to address concerns over spending cuts made by his Department of Government Efficiency (DOGE). Republicans proposed a rescission package to codify the cuts, bypassing legal challenges and the 60-vote Senate hurdle. Musk expressed happiness at this legislative solution, which would require only 51 Senate votes.",

npr.org

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Mar 6, 13:14

DOGE's Insignificant Impact on Federal Spending

Elon Musk's Department of Government Efficiency (DOGE) aims to cut \$1 trillion in federal spending by September 2025, but its claimed savings of \$105 billion are unsubstantiated and insignificant compared to the overall budget, highlighting the need for congressional action.

DOGE's Insignificant Impact on Federal Spending

Elon Musk's Department of Government Efficiency (DOGE) aims to cut \$1 trillion in federal spending by September 2025, but its claimed savings of \$105 billion are unsubstantiated and insignificant compared to the overall budget, highlighting the need for congressional action.

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How does DOGE's approach to cost-cutting differ from the necessary changes required at the congressional level to address the national debt?

DOGE's claimed savings of \$105 billion in six weeks are unsubstantiated and based on flawed data. This represents a small fraction of the federal budget, and its primary focus on contracts and personnel costs ignores major spending areas like Social Security and Medicare. Congressional action, not DOGE, is needed for significant spending changes.

cnnespanol.cnn.com

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Mar 6, 07:10

Musk Advocates Privatization of USPS and Amtrak

Elon Musk, in a Morgan Stanley conference, argued for the privatization of the US Postal Service and Amtrak, citing their poor quality compared to other countries and asserting that privatization improves services through market competition. He referenced China's high-speed rail as a positive exampl...

Musk Advocates Privatization of USPS and Amtrak

Elon Musk, in a Morgan Stanley conference, argued for the privatization of the US Postal Service and Amtrak, citing their poor quality compared to other countries and asserting that privatization improves services through market competition. He referenced China's high-speed rail as a positive exampl...

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Industry, Innovation, and Infrastructure

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What are the immediate implications of privatizing the US Postal Service and Amtrak, considering Musk's stated reasons for advocating privatization?

Elon Musk advocates for the privatization of the US Postal Service and Amtrak, stating that "we should privatize anything that can be reasonably privatized." He criticizes Amtrak's poor quality compared to other countries' high-speed rail systems, citing China as an example. Musk believes privatization improves services through competitive pressures.

us.cnn.com

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Mar 6, 22:12

Commerce Department Opens $42 Billion Broadband Grant Program to Satellite Internet

The Commerce Department revised its Broadband Equity, Access, and Deployment (BEAD) program rules to include all internet technologies, potentially enabling Elon Musk's Starlink satellite service to receive a portion of the $42 billion fund to expand rural broadband access in the US, despite past pr...

Commerce Department Opens $42 Billion Broadband Grant Program to Satellite Internet

The Commerce Department revised its Broadband Equity, Access, and Deployment (BEAD) program rules to include all internet technologies, potentially enabling Elon Musk's Starlink satellite service to receive a portion of the $42 billion fund to expand rural broadband access in the US, despite past pr...

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How does the Commerce Department's 'tech-neutral' approach in the BEAD program contrast with previous policies, and what are the potential consequences of this shift?

This shift towards a technology-neutral approach in the BEAD program reflects a potential prioritization of cost-effectiveness and speed of deployment over infrastructure type. While previously excluding satellite internet providers like Starlink, the rule change opens the program to a wider range of technologies, potentially accelerating internet access expansion in rural and underserved areas. This contrasts with previous efforts favoring fiber optics and raises questions about potential conflicts of interest given Musk's involvement in government policy.

foxnews.com

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Mar 6, 07:11

Musk Proposes $1 Trillion in Government Waste Cuts

Elon Musk met with a House Republican subcommittee to discuss strategies for identifying and eliminating $1 trillion in government waste, including cross-referencing databases to detect fraudulent benefits payments and pursuing a congressional rescissions package.

Musk Proposes $1 Trillion in Government Waste Cuts

Elon Musk met with a House Republican subcommittee to discuss strategies for identifying and eliminating $1 trillion in government waste, including cross-referencing databases to detect fraudulent benefits payments and pursuing a congressional rescissions package.

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What are the potential obstacles to implementing Musk's cost-saving proposals?

Musk's suggestions included cross-referencing databases to detect fraudulent benefits payments and pursuing a congressional rescissions package to reduce spending. The meeting highlighted concerns about government efficiency and accountability, with lawmakers describing the level of waste as "mindblowing". Musk's team emphasized a commitment to ensuring veteran benefits remain unaffected.

abcnews.go.com

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Mar 6, 04:13

Musk-Backed Group Runs Deceptive Ads in Wisconsin Supreme Court Race

Billionaire Elon Musk-backed groups are running deceptive ads portraying Democratic-backed Wisconsin Supreme Court candidate Susan Crawford as a "progressive champion," a tactic used against Kamala Harris last year, aiming to benefit her opponent, Brad Schimel, in a race with major implications for ...

Musk-Backed Group Runs Deceptive Ads in Wisconsin Supreme Court Race

Billionaire Elon Musk-backed groups are running deceptive ads portraying Democratic-backed Wisconsin Supreme Court candidate Susan Crawford as a "progressive champion," a tactic used against Kamala Harris last year, aiming to benefit her opponent, Brad Schimel, in a race with major implications for ...

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Peace, Justice, and Strong Institutions

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What is the impact of Elon Musk-backed groups' deceptive advertising campaign on the Wisconsin Supreme Court race?

Billionaire Elon Musk-backed groups are running deceptive ads and text messages in Wisconsin's Supreme Court race, portraying Democratic-backed Judge Susan Crawford as a "progressive champion." These ads, funded by Building America's Future and appearing as Progress 2028, highlight Crawford's stances on issues like abortion and immigration, potentially harming her appeal to moderate voters. Early voting begins soon, and many voters remain undecided about Crawford.

dailymail.co.uk

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Mar 6, 04:13

Musk Calls for Privatization of USPS and Amtrak

Elon Musk called for the privatization of the U.S. Postal Service and Amtrak, comparing federal government restructuring to a corporate takeover, aligning with the Trump administration's past attempts to reduce the size and influence of the federal government.

Musk Calls for Privatization of USPS and Amtrak

Elon Musk called for the privatization of the U.S. Postal Service and Amtrak, comparing federal government restructuring to a corporate takeover, aligning with the Trump administration's past attempts to reduce the size and influence of the federal government.

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How do Musk's recommendations align with previous attempts by the Trump administration to restructure these government entities?

Musk's statements align with the Trump administration's past efforts to reduce the federal government's size and influence. Trump's attempts to cut Amtrak's long-distance routes and absorb the USPS into the Commerce Department reflect a similar ideology favoring privatization. Musk's comments highlight a broader political trend toward deregulation and privatization within the United States.

sueddeutsche.de

🌐 75% Global Worthiness

Mar 6, 16:10

US Democrats Stage Visual Protest During Congressional Address

During a US Congressional address, Democratic representatives used protest signs with messages like "Musk steals", "Save Medicaid", "False", and "This is a lie", visually challenging the speaker's statements and mirroring a growing international trend in political activism.

US Democrats Stage Visual Protest During Congressional Address

During a US Congressional address, Democratic representatives used protest signs with messages like "Musk steals", "Save Medicaid", "False", and "This is a lie", visually challenging the speaker's statements and mirroring a growing international trend in political activism.

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What were the immediate consequences of the Democrats' use of protest signs during the US Congressional address?

During a recent US Congressional address, Democratic representatives displayed protest signs with messages such as "Musk steals", "Save Medicaid", "False", and "This is a lie." These actions, mirroring similar protests in other settings, aimed to visually reclaim control over the narrative and space. The Democrats opted against more disruptive methods, unlike some other parliaments, and instead utilized bright colors and slogans like "No King, no Coup" on t-shirts.

dw.com

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Mar 5, 19:13

Musk's Starlink: A Double-Edged Sword in the Ukraine Conflict

Following Russia's 2022 Ukraine invasion, Elon Musk's Starlink became vital for Ukraine's defense; however, Musk's control over Starlink raises concerns due to its potential misuse or limitations, prompting Ukraine to seek alternatives.

Musk's Starlink: A Double-Edged Sword in the Ukraine Conflict

Following Russia's 2022 Ukraine invasion, Elon Musk's Starlink became vital for Ukraine's defense; however, Musk's control over Starlink raises concerns due to its potential misuse or limitations, prompting Ukraine to seek alternatives.

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What are the immediate consequences of Elon Musk's control over Starlink for Ukraine's defense capabilities and the ongoing conflict?

Following Russia's February 2022 invasion, Ukraine's infrastructure, including power and internet, was systematically destroyed. In March 2022, Deputy Prime Minister Mykhailo Fedorov requested Elon Musk activate Starlink, which became crucial for Ukraine's defense, used by drones and communication apps. However, in September 2022, Musk ordered Starlink to be shut down during a drone attack, severely damaging trust.

Showing 325 to 336 of 1,557 results