As a result of that rally, the typically expensive valuation of the shares climbed to even loftier heights and dwarfed that of other mega-cap technology companies’ seen as Tesla’s peers. As of Thursday’s close,
Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.
Despite the statement from President Trump, NASA had already scheduled the astronauts' return for late March or April.
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
Amidst political tensions, President Trump criticized the Biden administration for leaving astronauts Sunita Williams and Butch Wilmore aboard the ISS. Elon Musk has stepped in, stating SpaceX will bring them home,
Trump's plan for widespread buyouts raises plenty of questions.
Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose after the results' release.
The government’s human resources agency also said it would begin subjecting all federal employees to “enhanced standards of suitability and conduct” and ominously warned of future downsizing.
President Donald Trump’s administration is offering buyouts to federal employees to quickly reduce the government workforce. They don’t have a long time to decide.