Tag #Tesla

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news.sky.com

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May 29, 04:11

Elon Musk Resigns From Trump Administration Post

Elon Musk resigned from his role as a "special government employee" in President Trump's Department of Government Efficiency (DOGE), following a controversial tenure marked by budget cuts and internal conflicts; his departure comes amid legal challenges to Trump's policies and investor pressure on M...

Elon Musk Resigns From Trump Administration Post

Elon Musk resigned from his role as a "special government employee" in President Trump's Department of Government Efficiency (DOGE), following a controversial tenure marked by budget cuts and internal conflicts; his departure comes amid legal challenges to Trump's policies and investor pressure on M...

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What were the key factors leading to Elon Musk's departure from his role in the Trump administration?

Elon Musk is leaving his post as a "special government employee" in the Trump administration's Department of Government Efficiency (DOGE). His departure, confirmed by a White House official, comes after a controversial tenure marked by significant budget cuts and clashes with other officials. Musk's stated goal of reducing wasteful spending by $150 billion was far less than his initial target of $2 trillion.

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.

dw.com

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May 29, 13:12

Musk Ends US Government Advisory Role After 130 Days

Elon Musk's 130-day term as a special advisor to the US government ended in late May, as planned. Despite claims of $160 billion in savings through the DOGE initiative, critics question the accuracy of these figures. Musk will maintain limited government involvement while prioritizing his businesses...

Musk Ends US Government Advisory Role After 130 Days

Elon Musk's 130-day term as a special advisor to the US government ended in late May, as planned. Despite claims of $160 billion in savings through the DOGE initiative, critics question the accuracy of these figures. Musk will maintain limited government involvement while prioritizing his businesses...

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What is the significance of Elon Musk's departure from his government advisory role, and what are the immediate consequences?

Elon Musk's 130-day term as a special advisor to the US government, focused on reducing government spending, has ended as planned. He expressed gratitude to President Trump for the opportunity, citing cost savings. Musk will maintain limited involvement, working one or two days a week if requested by President Trump.

dw.com

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May 29, 16:12

Musk Resigns from US Government Advisory Role Amidst Controversy

Elon Musk resigned from his US government advisory role, confirmed by the White House, citing a planned departure and focusing on Tesla. The administration claims ~$160 billion in savings, a figure disputed by critics, while Musk's tenure was marked by conflicts and policy disagreements.

Musk Resigns from US Government Advisory Role Amidst Controversy

Elon Musk resigned from his US government advisory role, confirmed by the White House, citing a planned departure and focusing on Tesla. The administration claims ~$160 billion in savings, a figure disputed by critics, while Musk's tenure was marked by conflicts and policy disagreements.

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What is the immediate impact of Elon Musk's resignation from his US government advisory role?

Elon Musk has ended his work for the US government, a move confirmed by the White House. This was reportedly planned, and Musk thanked President Trump for the opportunity, citing a focus on reducing government spending. Musk's special advisor role had a 130-day term, expiring in May.

theglobeandmail.com

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May 29, 16:12

Musk's Political Exit Boosts Tesla Shares Amid RoboTaxi Push

Tesla shares increased by over 2 percent following Elon Musk's reduced role in the Trump administration, coinciding with Tesla's announcement of successful driverless Model Y testing in Austin, Texas, aiming for a June launch. This follows two years of sales decline and amid investor concerns about ...

Musk's Political Exit Boosts Tesla Shares Amid RoboTaxi Push

Tesla shares increased by over 2 percent following Elon Musk's reduced role in the Trump administration, coinciding with Tesla's announcement of successful driverless Model Y testing in Austin, Texas, aiming for a June launch. This follows two years of sales decline and amid investor concerns about ...

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How has Elon Musk's political activity affected Tesla's sales and investor sentiment?

Musk's decreased political engagement is seen as positive for Tesla, as his previous involvement fueled protests and investor worries. This shift in focus comes as Tesla aims to launch its crucial robotaxi service, a key driver of its valuation, and follows two consecutive years of sales decline.

edition.cnn.com

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May 28, 16:12

Musk's Return to "24/7" Work Amidst Tesla's Crumbling Sales

Facing plummeting sales and multiple setbacks across his companies, Elon Musk has resumed "24/7" work, aiming to address Tesla's 50% drop in European sales and the Cybertruck's poor performance, while simultaneously preparing for an Austin robotaxi launch.

Musk's Return to "24/7" Work Amidst Tesla's Crumbling Sales

Facing plummeting sales and multiple setbacks across his companies, Elon Musk has resumed "24/7" work, aiming to address Tesla's 50% drop in European sales and the Cybertruck's poor performance, while simultaneously preparing for an Austin robotaxi launch.

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What is the immediate impact of Elon Musk's return to "24/7" work on Tesla's struggling performance and how will it affect investor confidence?

Elon Musk has returned to "spending 24/7 at work" after a period of political involvement, amidst significant challenges across his companies. Tesla's sales are plummeting, with European sales down 50% year-over-year for the fourth consecutive month, largely due to consumer rejection of Musk's political stances and competition from cheaper Chinese EVs.

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.

cbsnews.com

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May 29, 10:13

Tesla Europe Sales Plunge 49% Amidst Broader EV Market Growth

Tesla's European sales dropped 49% in April 2024 to 7,261 units, while overall electric vehicle sales rose 28%, due to negative publicity surrounding Elon Musk, increased competition from Chinese brands, and production issues.

Tesla Europe Sales Plunge 49% Amidst Broader EV Market Growth

Tesla's European sales dropped 49% in April 2024 to 7,261 units, while overall electric vehicle sales rose 28%, due to negative publicity surrounding Elon Musk, increased competition from Chinese brands, and production issues.

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What factors beyond Elon Musk's public image contributed to Tesla's European sales slump?

The drop aligns with negative publicity surrounding Elon Musk's political stances and his involvement with DOGE, impacting Tesla's brand image. Increased competition from Chinese brands offering lower-priced EVs, coupled with Tesla's aging model lineup and factory shutdowns for Model Y upgrades, further contributed to the sales decline.

nrc.nl

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May 29, 16:12

Musk's Failed US Government Efficiency Mission Ends

Elon Musk's 130-day stint as a special advisor to President Trump ended, failing to meet ambitious budget-cutting goals despite securing some benefits for his companies, while causing significant reputational and financial damage to Tesla and potentially impacting the Republican party's funding.

Musk's Failed US Government Efficiency Mission Ends

Elon Musk's 130-day stint as a special advisor to President Trump ended, failing to meet ambitious budget-cutting goals despite securing some benefits for his companies, while causing significant reputational and financial damage to Tesla and potentially impacting the Republican party's funding.

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What are the long-term implications of Musk's political involvement for his companies, the Republican Party, and the US political landscape?

Musk's political foray, while securing benefits for his companies through favorable appointments and regulatory changes, significantly damaged Tesla's sales and reputation. His future political involvement is uncertain, but his reduced financial support could severely impact the Republican party.

dw.com

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May 29, 16:12

Musk Resigns from Trump Administration Amid Budget Dispute and Boycotts

Elon Musk resigned from his informal advisory role in the Trump administration on May 28th due to disappointment with Trump's expansive budget proposal and facing backlash from international boycotts against his companies following his department's job cuts and support for far-right movements.

Musk Resigns from Trump Administration Amid Budget Dispute and Boycotts

Elon Musk resigned from his informal advisory role in the Trump administration on May 28th due to disappointment with Trump's expansive budget proposal and facing backlash from international boycotts against his companies following his department's job cuts and support for far-right movements.

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How did Musk's actions within the Trump administration impact his business interests?

Musk's departure follows months of criticism and pressure. His "Doge" department's actions and support for far-right movements internationally sparked boycotts that significantly impacted Tesla's European sales. His disagreement with Trump's expansive tax-cut budget plan further fueled his decision to leave.

lexpress.fr

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May 29, 13:12

Musk Ends Government Role, Criticizes Trump Spending Bill

Elon Musk ended his four-month stint as a special government employee focused on reducing US public spending, citing disappointment with a recently passed spending bill projected to increase the federal deficit by $3.8 trillion over the next decade, marking a shift in his relationship with President...

Musk Ends Government Role, Criticizes Trump Spending Bill

Elon Musk ended his four-month stint as a special government employee focused on reducing US public spending, citing disappointment with a recently passed spending bill projected to increase the federal deficit by $3.8 trillion over the next decade, marking a shift in his relationship with President...

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How did Musk's methods and approach affect his relationships with government officials during his four-month term?

Musk's departure marks a shift in his relationship with President Trump, following public criticism of a large spending bill. This action contrasts with their previously strong alliance, which included Musk's significant financial support for Trump's campaign and Musk's prominent role in policy decisions. The spending bill's passage and Musk's subsequent criticism highlight growing tensions.

theguardian.com

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May 28, 07:12

Tesla Factory Approved Despite Overwhelming Community Opposition

The City of Marion council approved the sale of land for a Tesla battery-recycling facility despite 95% of public submissions opposing it due to environmental concerns and anti-Elon Musk sentiment; the mayor argued that the site is contaminated and the facility would create 100 jobs.

Tesla Factory Approved Despite Overwhelming Community Opposition

The City of Marion council approved the sale of land for a Tesla battery-recycling facility despite 95% of public submissions opposing it due to environmental concerns and anti-Elon Musk sentiment; the mayor argued that the site is contaminated and the facility would create 100 jobs.

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How did the council balance economic factors with strong community opposition and environmental concerns in reaching its decision?

The council's decision balances strong community opposition against economic benefits, highlighting a conflict between local concerns and broader economic development priorities. While the mayor acknowledged the passionate opposition to Elon Musk, he emphasized the site's contaminated soil and the potential job creation. Compromises included tree replacement and retention of some significant trees.

Showing 193 to 204 of 645 results