Tag #Elon Musk

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aljazeera.com

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May 29, 01:13

Trump's Budget Bill Faces Criticism Amidst Debt Concerns and Internal Republican Divisions

President Trump's "One Big Beautiful Bill," a budget bill containing tax cuts, border wall funding, and controversial work requirements for social programs, faces criticism from government advisor Elon Musk and opposition within the Republican party, despite narrowly passing the House of Representat...

Trump's Budget Bill Faces Criticism Amidst Debt Concerns and Internal Republican Divisions

President Trump's "One Big Beautiful Bill," a budget bill containing tax cuts, border wall funding, and controversial work requirements for social programs, faces criticism from government advisor Elon Musk and opposition within the Republican party, despite narrowly passing the House of Representat...

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What are the potential long-term political and economic consequences of passing the "One Big Beautiful Bill"?

The bill's passage is uncertain, as it requires near-unanimous Republican support in the Senate. Internal disagreements and public criticism could jeopardize its success, creating significant political ramifications for Trump and influencing future budgetary decisions. The bill's impact on social safety nets and the national debt will likely shape future policy debates.

nos.nl

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May 29, 10:13

Musk Resigns from US Advisory Role After Criticizing Trump, DOGE Cuts Leave Impact Unclear

Elon Musk ended his 130-day term as a US government advisor and head of DOGE, a cost-cutting board, after criticizing President Trump's policies. DOGE's actions resulted in approximately 230,000 federal job cuts and the suspension of programs like a UN HIV/AIDS initiative, claiming $140 billion in s...

Musk Resigns from US Advisory Role After Criticizing Trump, DOGE Cuts Leave Impact Unclear

Elon Musk ended his 130-day term as a US government advisor and head of DOGE, a cost-cutting board, after criticizing President Trump's policies. DOGE's actions resulted in approximately 230,000 federal job cuts and the suspension of programs like a UN HIV/AIDS initiative, claiming $140 billion in s...

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How did Elon Musk's criticism of President Trump's policies influence his decision to step down from his advisory role?

Musk's resignation coincides with a significant reduction in federal employees (over 230,000) and the halting of various government programs, including international HIV/AIDS initiatives, due to DOGE's cost-cutting measures. The claimed savings of $140 billion by DOGE contrast with the initial $1 trillion goal, and its calculation method remains unclear. This situation highlights challenges in implementing large-scale government budget cuts.

cnn.com

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May 29, 04:10

Tesla Investors Demand Musk's Full-Time Commitment Amidst Company Struggles

Tesla investors, holding 7.9 million shares, urge Elon Musk to commit at least 40 hours per week to Tesla due to declining sales, falling profits, and stock volatility, also calling for a CEO succession plan and an independent board member.

Tesla Investors Demand Musk's Full-Time Commitment Amidst Company Struggles

Tesla investors, holding 7.9 million shares, urge Elon Musk to commit at least 40 hours per week to Tesla due to declining sales, falling profits, and stock volatility, also calling for a CEO succession plan and an independent board member.

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Decent Work and Economic Growth

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How does Elon Musk's involvement in various ventures, including political initiatives, impact Tesla's brand reputation and overall business performance?

The investors' concerns stem from Tesla's recent struggles, including dwindling sales and stock price fluctuations, which they directly link to Musk's involvement in SpaceX, X, xAI, Neuralink, and the Department of Government Efficiency. They argue that his divided attention is detrimental to Tesla's performance, and the board's inaction further exacerbates the problem.

welt.de

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May 28, 04:10

Starship's Ninth Test Flight Ends in Reentry Failure

SpaceX's Starship rocket, the largest ever built, failed its ninth test flight on [Date not specified in text], with the upper stage disintegrating during reentry despite reaching space; a reused booster stage also failed to land.

Starship's Ninth Test Flight Ends in Reentry Failure

SpaceX's Starship rocket, the largest ever built, failed its ninth test flight on [Date not specified in text], with the upper stage disintegrating during reentry despite reaching space; a reused booster stage also failed to land.

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Industry, Innovation, and Infrastructure

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What were the immediate consequences of the Starship's ninth test flight failure?

SpaceX's Starship, the largest rocket ever built, failed its ninth test flight. While the upper stage reached space—a first—it broke apart during atmospheric reentry. This follows previous test failures, with the April 2023 test resulting in a complete explosion.

news.sky.com

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May 28, 07:13

SpaceX Starship Test Flight Fails for Third Time

SpaceX's third Starship rocket test flight failed due to fuel leaks, causing the vehicle to break up on re-entry; the Super Heavy booster also crashed, jeopardizing plans for Mars colonization and NASA's lunar ambitions.

SpaceX Starship Test Flight Fails for Third Time

SpaceX's third Starship rocket test flight failed due to fuel leaks, causing the vehicle to break up on re-entry; the Super Heavy booster also crashed, jeopardizing plans for Mars colonization and NASA's lunar ambitions.

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What are the immediate consequences of SpaceX's failed Starship rocket launch?

SpaceX's third consecutive Starship rocket test flight ended in failure, with the vehicle spinning out of control due to fuel leaks and breaking up on re-entry. The Super Heavy booster also failed to land, crashing into the Gulf of Mexico. This latest setback casts doubt on Elon Musk's plans for Mars colonization and delays a planned speech on the topic.

lefigaro.fr

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May 28, 13:12

SpaceX Starship Explodes After Reaching Space

SpaceX's Starship rocket launched from Texas on April 20, 2024, successfully reaching space before exploding over the Indian Ocean due to a fuel leak, failing to deploy satellite simulators and impacting SpaceX's reusability goals.

SpaceX Starship Explodes After Reaching Space

SpaceX's Starship rocket launched from Texas on April 20, 2024, successfully reaching space before exploding over the Indian Ocean due to a fuel leak, failing to deploy satellite simulators and impacting SpaceX's reusability goals.

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What were the immediate consequences of the Starship test flight's failure?

SpaceX's Starship, a 40-story-tall rocket designed for Mars missions, successfully reached space on Tuesday but exploded over the Indian Ocean after a fuel leak. The explosion occurred after the rocket failed to deploy its satellite simulators, marking another setback in the testing process.

bbc.com

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May 29, 10:13

Musk Ends Trump Administration Role Amidst Job Cuts and Tesla Sales Decline

Elon Musk's temporary role as a special government employee ended after three months, coinciding with criticism of a new tax plan and a significant drop in Tesla's sales, following the elimination of roughly 260,000 federal jobs due to cost-cutting measures.

Musk Ends Trump Administration Role Amidst Job Cuts and Tesla Sales Decline

Elon Musk's temporary role as a special government employee ended after three months, coinciding with criticism of a new tax plan and a significant drop in Tesla's sales, following the elimination of roughly 260,000 federal jobs due to cost-cutting measures.

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How did Musk's departure coincide with broader economic and political trends?

Musk's departure, while expected given his temporary role and recent public criticism of Trump's policies, comes after significant job losses within the federal government due to the administration's efficiency drive. Approximately 260,000 federal employees lost their jobs or accepted buyouts, though some were reinstated by court order. This occurred alongside a substantial drop in Tesla's sales and stock price, raising concerns about the impact of political changes on the company.

cbsnews.com

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May 29, 07:14

Musk Ends Trump Administration Role After Claimed \$160 Billion in Spending Cuts

Elon Musk's 130-day stint as a special government employee advising President Trump on cost-cutting initiatives ended Wednesday, with claims of \$160 billion in savings offset by counter-estimates of \$135 billion in losses from lost productivity.

Musk Ends Trump Administration Role After Claimed \$160 Billion in Spending Cuts

Elon Musk's 130-day stint as a special government employee advising President Trump on cost-cutting initiatives ended Wednesday, with claims of \$160 billion in savings offset by counter-estimates of \$135 billion in losses from lost productivity.

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How did the conflicting reports on the financial impact of DOGE's spending cuts affect public perception and political debate?

Musk's departure follows criticism of a recent budget bill that increases the deficit, contradicting DOGE's goals. This highlights the tension between his private business interests and his government role, leading to concerns about potential conflicts of interest and impact on Tesla.

es.euronews.com

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May 28, 16:12

SpaceX Starship Launch Fails, Disintegrates Over Indian Ocean

SpaceX's Starship rocket, launched from Starbase, Texas, on Tuesday, failed to reach orbit, disintegrating over the Indian Ocean after a loss of control possibly due to fuel leaks; the recycled booster crashed into the Gulf of Mexico.

SpaceX Starship Launch Fails, Disintegrates Over Indian Ocean

SpaceX's Starship rocket, launched from Starbase, Texas, on Tuesday, failed to reach orbit, disintegrating over the Indian Ocean after a loss of control possibly due to fuel leaks; the recycled booster crashed into the Gulf of Mexico.

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What factors contributed to the failure of the Starship launch?

The launch, while showing improvement over previous attempts, ultimately failed due to a loss of control, possibly caused by fuel leaks, resulting in the spacecraft's destruction over the Indian Ocean. The booster also crashed into the Gulf of Mexico. This setback highlights the challenges involved in developing such complex space technology.

us.cnn.com

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May 28, 07:12

Judge Allows Trump's DOGE Access to Treasury Payment Systems

A federal judge has authorized the Trump administration's Department of Government Efficiency (DOGE) to access Treasury Department systems controlling trillions in payments, after concerns regarding data security were addressed with a new employee training program, overruling an earlier decision tha...

Judge Allows Trump's DOGE Access to Treasury Payment Systems

A federal judge has authorized the Trump administration's Department of Government Efficiency (DOGE) to access Treasury Department systems controlling trillions in payments, after concerns regarding data security were addressed with a new employee training program, overruling an earlier decision tha...

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What are the immediate implications of the court's decision granting the Department of Government Efficiency access to Treasury Department payment systems?

A federal judge has ruled that the Trump administration's Department of Government Efficiency (DOGE) can access sensitive Treasury Department systems controlling trillions in payments. This follows a lawsuit by 19 Democratic states who initially sought to block access due to concerns about data privacy and security. The judge's decision is based on the implementation of a new employee training program designed to prevent improper data disclosures.

edition.cnn.com

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May 28, 13:12

Musk Criticizes Trump's Spending Bill, Projects $3.8 Trillion Deficit Increase

Elon Musk publicly criticized President Trump's recently passed tax and spending cuts package, projecting a $3.8 trillion increase to the US budget deficit and claiming it undermines the Department of Government Efficiency, despite previously donating heavily to Trump's political campaigns.

Musk Criticizes Trump's Spending Bill, Projects $3.8 Trillion Deficit Increase

Elon Musk publicly criticized President Trump's recently passed tax and spending cuts package, projecting a $3.8 trillion increase to the US budget deficit and claiming it undermines the Department of Government Efficiency, despite previously donating heavily to Trump's political campaigns.

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How does the bill's passage and its impact on the US budget deficit relate to Musk's past political contributions and his current reduced focus on politics?

Musk's criticism connects his previous support for Trump with concerns about fiscal responsibility. The bill's passage, despite projected deficit increases, highlights a conflict between political alliances and economic policy. Musk's comments suggest a potential shift in his political priorities.

bbc.com

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May 28, 16:12

Musk Condemns Trump's Spending Bill, Signals Political Distance

Elon Musk criticized President Trump's "big, beautiful" spending bill, which passed the House and is projected to increase the US budget deficit by $600 billion, marking a break from his previous support for Trump and raising questions about the future of his political involvement.

Musk Condemns Trump's Spending Bill, Signals Political Distance

Elon Musk criticized President Trump's "big, beautiful" spending bill, which passed the House and is projected to increase the US budget deficit by $600 billion, marking a break from his previous support for Trump and raising questions about the future of his political involvement.

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What is the immediate impact of Elon Musk's public criticism of President Trump's spending bill?

Elon Musk publicly criticized President Trump's "big, beautiful" bill, a multi-trillion dollar spending plan recently passed by the House of Representatives. Musk, who previously advised Trump on cost-cutting, expressed disappointment, stating the bill increases the budget deficit by an estimated $600 billion. This contradicts Musk's prior efforts to reduce government spending.

Showing 445 to 456 of 2,267 results