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Elon Musk to “fix” Community Notes after they contradict Trump

Elon Musk has reversed his stance on the effectiveness of Community Notes, allowing users to manipulate them, after they contradicted President Donald Trump's claims about Ukraine President Volodymyr Zelenskyy. The crowdsourced fact-checking system was previously touted as a way to correct misinformation on Musk's social media platform X, but now he believes it needs a "fix" to prevent outside influencers from gaming the system. This sudden reversal raises questions about the transparency and accountability of Community Notes.

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What Elon Musk’s Critics Are Getting Wrong. Δ1.79

Elon Musk’s role in the government efficiency commission, known as DOGE, has been misconstrued as merely a vehicle for his financial gain, despite evidence suggesting it has led to a decline in his wealth. Critics argue that Musk's collaboration with Trump aims to dismantle government services for personal financial benefit, yet his substantial losses in Tesla's stock value indicate otherwise. This situation highlights the complexities of Musk's motivations and the potential risks his political alignment poses for his primary business interests.

Senate Votes to Strip the CFPB of Its Power to Regulate X Δ1.78

The Senate has voted to remove the Consumer Financial Protection Bureau's (CFPB) authority to oversee digital platforms like X, coinciding with growing concerns over Elon Musk's potential conflicts of interest linked to his ownership of X and leadership at Tesla. This resolution, which awaits House approval, could undermine consumer protection efforts against fraud and privacy issues in digital payments, as it jeopardizes the CFPB's ability to monitor Musk's ventures. In response, Democratic senators are calling for an ethics investigation into Musk to ensure compliance with federal laws amid fears that his influence may lead to regulatory advantages for his businesses.

Musk and Rubio Spar with Polish Minister Over Ukraine's Use of Starlink Δ1.78

The exchange between US Secretary of State Marco Rubio, Elon Musk, and Poland's foreign minister Radoslaw Sikorski over the use of Starlink satellite internet system in Ukraine highlights the complexities of international relations, technological diplomacy, and the role of private companies in conflict zones. The situation underscores the fragility of global supply chains, particularly in the aerospace industry, where timely delivery of parts is crucial for meeting production goals. Musk's comments on Twitter have sparked concerns about the reliability of Starlink services in Ukraine, with some experts warning that disruptions could have significant consequences for the country's military operations.

X Platform Outage Appears to Ease, Downdetector Shows Δ1.77

An outage on Elon Musk's social media platform X appeared to ease after thousands of users in the U.S. and the UK reported glitches on Monday, according to outage-tracking website Downdetector.com. The number of reports in the U.S. dropped to 403 as of 6:24 a.m. ET from more than 21,000 incidents earlier, user-submitted data on Downdetector showed. Reports in the UK also decreased significantly, with around 200 incidents reported compared to 10,800 earlier.

Trump Reining In Elon Musk After Cabinet Showdown Δ1.77

The US President has intervened in a cost-cutting row after a reported clash at the White House, calling a meeting to discuss Elon Musk and his efforts to slash government spending and personnel numbers. The meeting reportedly turned heated, with Musk accusing Secretary of State Marco Rubio of failing to cut enough staff at the state department. After listening to the back-and-forth, President Trump intervened to make clear he still supported Musk's Department of Government Efficiency (Doge), but from now on cabinet secretaries would be in charge and the Musk team would only advise.

Elon Musk to Face Questioning in Suit Over Twitter Buyout Flip-Flop Δ1.77

Musk is set to be questioned under oath about his 2022 acquisition of Twitter Inc. in an investor lawsuit alleging that his on-again off-again move to purchase the social media platform was a ruse to lower its stock price. The case, Pampena v. Musk, involves claims by investors that Musk's statements gave an impression materially different from the state of affairs that existed, ultimately resulting in significant losses for Twitter shareholders. Musk completed the $44 billion buyout after facing multiple court challenges and rebranding the company as X Corp.

Musk's Reform Efforts Face Resistance From Federal Workforce Protesters. Δ1.77

Protesters outside a New York City Tesla dealership demonstrated against owner Elon Musk's role in sweeping cuts to the federal workforce, highlighting growing tensions between executive power and the authority of government agencies. The protests, part of a wave of "Tesla Takedown" demonstrations across the country, reflect broader concerns about accountability and the implications of Musk's actions within government agencies. As the controversy surrounding Musk's reforms continues, it remains to be seen how federal agencies will adapt to these changes.

Ukraine Aid Probe Intensifies Amid Zelenskiy-Trump Clash Δ1.76

The tense meeting between Ukrainian Prime Minister Volodymyr Zelenskiy and President Donald Trump will accelerate Washington's efforts to investigate potential waste, fraud and abuse in U.S. aid to Ukraine, a senior official has said. The probe led by billionaire Elon Musk's Department of Government Efficiency is expected to scrutinize large sums of economic and security assistance provided to Ukraine. As investigations into U.S. aid intensify, the role of intermediaries and contractors in managing funds will be closely examined.

Elon Musk's Public Image Under Fire Over Business Losses Δ1.76

The CEO's public persona and the brand he founded are facing backlash after a man claims to have lost $70,000 in business contracts due to negative perceptions of his Tesla Cybertruck. While some owners adore their vehicles, others are distancing themselves from the brand amid widespread criticism of Musk's erratic behavior and social media actions. The controversy surrounding Musk's image is complex, with some viewing him as a visionary and others as a polarizing figure.

Musk's Embrace of Right-Wing Politics Risks Sinking Tesla's Stock Δ1.76

Elon Musk's decision to publicly embrace right-wing politics has likely turned off potential customers in Europe, leading to a significant decline in Tesla sales. The company's annual report highlights the risks associated with costly lawsuits, battery fires, and war, but largely omits discussions of Musk's political views. As a result, analysts warn that Tesla's stock may suffer as a consequence.

Musk's Embrace of Right-Wing Politics Risks Turning Off Car Buyers and Sinking Tesla's Stock Δ1.75

Elon Musk's full-bore entry into right-wing politics may be alienating potential customers who don't share his views, with some experts warning that it's a case of "marketing 101: Don't involve yourself in politics." Tesla sales have plummeted, particularly in Europe, where the company saw a 45% decline in January. Musk's comments on politics are now seen as a liability, with analysts arguing that he believes he can say anything without consequences.

Tesla Stock Falls 45% From Record High, a 'Gut Check Moment' That Has Wall Street Bulls Doubling Down Δ1.75

The recent decline of Tesla's stock price serves as a test of the company's long-term viability, forcing its largest supporter on Wall Street to defend the firm. Despite this sharp drop, Wedbush analyst Dan Ives remains bullish on Tesla, citing the potential benefits of Elon Musk's involvement in politics. However, the impact of Musk's foray into politics on Tesla's sales is still a subject of debate.

TRUMP May Restore Ukraine Aid PENDING Confidence-Building Measures Δ1.75

President Donald Trump will consider restoring aid to Ukraine if peace talks are arranged and confidence-building measures are taken, White House national security adviser Mike Waltz said on Wednesday. Trump halted military aid to Ukraine on Monday, his latest move to reconfigure U.S. policy and adopt a more conciliatory stance toward Russia. The letter from Ukrainian President Volodymyr Zelenskiy that expressed willingness to come to the negotiating table was seen as a positive first step.

Elon Musk Floats a Solution to Tesla Vandalism. Δ1.74

Tesla CEO Elon Musk has proposed a solution to vandals attacking his company's cars: honking when tampered with. This move comes as customers report increasing incidents of keying and vandalism, prompting some owners to request the automaker take action. Musk responded by suggesting the car make noise when approached by someone tampering with it.

Government Oversight in Jeopardy as Musk's Authority Comes Under Fire Δ1.74

The growing tensions surrounding Elon Musk's executive power, accountability, and the implications of his actions within government agencies are being put to the test. Senator Ed Markey has urged lawmakers to call SpaceX CEO Elon Musk and the acting head of the Federal Aviation Administration to testify about air traffic control IT systems, citing concerns over Musk's reported interference in a competitively awarded FAA contract. The outcome of this ruling could set a significant precedent regarding the balance of power between appointed officials and the legal authority of executive actions in the federal government.

Tesla Sales Down in France, Scandinavia as Musk Faces Test of Brand Δ1.74

Tesla sales plunged in Scandinavia and France in February from a year ago, eroding its market share, as the electric vehicle maker faced a brand loyalty test amid CEO Elon Musk's role in U.S. President Donald Trump's administration. Tesla's market share in Norway, Sweden, and Denmark has declined this year due to increased competition from European rivals with newer model lineups. The company's aging vehicle lineup and Musk's divisive policies have also raised concerns about its ability to maintain its position as the people's car of choice.

Zelenskiy Calls Trump Clash 'Regrettable', Says 'Time to Make Things Right' Δ1.74

Ukrainian President Volodymyr Zelenskiy has downplayed the tensions with US President Donald Trump, stating that he is ready to work under his leadership to bring lasting peace and that it's "time to make things right". The pause in military aid to Kyiv was not directly addressed by Zelenskiy. Zelenskiy emphasized Ukraine's desire for future cooperation and communication with the US.

Elon Musk's Tesla Facilities Face 'Takedown' Protests Δ1.74

Tesla facilities across the US are facing protests and vandalism in response to Elon Musk's role in the Trump administration. Most "Tesla Takedown" protests have been peaceful, but a few have been destructive with fires intentionally set at Tesla showrooms and charging stations in Colorado and Massachusetts last week. The protests illustrate a growing unease over Musk's influence on the US government.

Zelenskyy Won't Apologize to Trump, but Calls Clash 'Not Good for Both Sides' Δ1.74

Ukrainian President Volodymyr Zelensky has refused to apologize for his argument with President Donald Trump and Vice President JD Vance at a White House meeting, saying instead that the clash was "not good for both sides." The Ukrainian leader expressed gratitude to Trump and the American people for the U.S. aid provided so far and stated that it will be difficult for Ukraine to defend itself without continued support. Zelensky's comments come after the dispute at the White House, where he disputed Vance's argument about reaching peace with Russia through diplomacy.

Protesters Target Tesla and Elon Musk in Portugal Ahead of Snap Election Δ1.74

Dozens of demonstrators gathered at the Tesla showroom in Lisbon on Sunday to protest against CEO Elon Musk's support for far-right parties in Europe as Portugal heads toward a likely snap election. Musk has used his X platform to promote right-wing parties and figures in Germany, Britain, Italy and Romania. The protesters are concerned that Musk's influence could lead to a shift towards authoritarianism in the country.

Elon Musk's Blockchain Plan Sparks Debate Over US Spending Transparency Δ1.74

Elon Musk has sparked debate by endorsing the idea of putting US Treasury spending on a blockchain, aiming to increase transparency and eradicate alleged fraud. The proposal has raised discussions about its feasibility, benefits, and risks, with experts weighing in on the potential scalability challenges. The concept of using blockchain for US public spending is seen as a deterrent against unauthorized financial activity.

Crypto Stocks, Bitcoin Drop, Reversing Direction After Trump Touts US Crypto Reserve Δ1.74

Crypto stocks experienced volatility following former President Donald Trump's announcement on Truth Social regarding the creation of a U.S. crypto reserve that would include various cryptocurrencies such as bitcoin and ether. Despite an initial surge in prices, including a nearly 9% rise in bitcoin, the market reversed course, leading to declines in major crypto stocks and raising questions about the feasibility of Trump's proposal. Analysts highlight the mixed reception from the crypto community, noting the unexpected inclusion of multiple digital assets beyond bitcoin, while also emphasizing the uncertainty surrounding the implementation of such a reserve.

Zelensky Says White House Clash Was 'Regrettable' Δ1.74

Ukrainian President Volodymyr Zelensky characterized his recent meeting with U.S. officials as "regrettable," following a diplomatic breakdown that led to a pause in military aid from the U.S. He expressed readiness to negotiate under Donald Trump's leadership, emphasizing Ukraine's desire for constructive cooperation and outlining proposals to end the ongoing war. The fallout from the meeting has drawn mixed reactions, with European leaders supporting Zelensky while Trump’s camp criticized his approach and statements.

Musk Rallies the Far Right in Europe. Tesla Is Paying the Price Δ1.74

Musk's promotion of Germany's far-right party, Alternative fur Deutschland, had little impact on election results, despite his efforts to amplify its figures through 2 dozen posts on X and an interview with its leader. The AfD's stunning second-place result in the February 23 election suggests that Musk's support may have been more symbolic than substantive. Despite this, Tesla is already feeling the effects of Musk's politics, with European sales tumbling 45% in January from a year earlier.

Elon Musk Loses Initial Attempt to Block OpenAI’s For-Profit Conversion Δ1.74

A federal judge has denied Elon Musk's request for a preliminary injunction to halt OpenAI’s conversion from a nonprofit to a for-profit entity, allowing the organization to proceed while litigation continues. The judge expedited the trial schedule to address Musk's claims that the conversion violates the terms of his donations, noting that Musk did not provide sufficient evidence to support his argument. The case highlights significant public interest concerns regarding the implications of OpenAI's shift towards profit, especially in the context of AI industry ethics.