Once the world’s leading maker of electric vehicles (EVs), Tesla delivered 384,000 EVs in this year’s second quarter, compared to 444,000 during the same period in 2024.
Tag: elon musk
XAI SELLS $5 BILLION IN DEBT, VALUES ITSELF AT $113 BILLION
Elon Musk’s xAI has retained Morgan Stanley to shepherd a $5-billion funding package that would value the AI developer at $113 billion.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Elon Musk resigned as a special government employee with the Department of Government Efficiency last week, coinciding with the end of his 130-day term.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal job cuts continue under Elon Musk and the Department of Government Efficiency. Government contractors are seeing slowdowns in government spending and cutting staff due to reduced business. Booz Allen, which relies heavily on government contracts, will lay off 2,500 people.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal job cuts continue under Elon Musk and the Department of Government Efficiency with the Federal Reserve planning to cut 10 percent of its workforce (approximately 2,000 people) over the next few years through a voluntary deferred resignation program.
TRUMP TREATED LIKE A KING DURING VISIT TO THE MIDDLE EAST AS ‘TRUMP INC’ THRIVES
U.S. President Donald Trump visited the Middle East last week and made stops in countries that have made being related to the president or a close ally very lucrative.
U.S. EV SALES HIT A SPEED BUMP IN APRIL
Last month, U.S. sales of electric vehicles (EVs) fell 5 percent below March’s volume while the country’s overall car market grew by 10 percent, data service Motor Intelligence reported.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal job cuts continue under Elon Musk and the Department of Government Efficiency.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal job cuts continue under Elon Musk and the Department of Government Efficiency. The Federal Deposit Insurance Corporation, which oversees banks and deposit accounts, will lay off 1,250 people.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal job cuts continue under Elon Musk and the Department of Government Efficiency.