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Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

Elon Musk's appearance at the Conservative Political Action Conference (CPAC) was marked by his enthusiastic promotion of Argentine President Javier Milei and his unorthodox use of a chainsaw as a symbol of his commitment to reducing bureaucracy. The billionaire CEO has long advocated for sweeping cuts in government spending, and his efforts have drawn both praise and criticism from politicians and business leaders alike. Musk's decision to bring the chainsaw onstage was seen as a lighthearted moment amidst his otherwise serious focus on government reform.

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Trump Reining In Elon Musk After Cabinet Showdown Δ1.78

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.

Protesters Target Tesla and Elon Musk in Portugal Ahead of Snap Election Δ1.77

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.

What Elon Musk’s Critics Are Getting Wrong. Δ1.77

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.

Musk, Rubio Clash in Cabinet Meeting, New York Times Says Δ1.76

The clash between US Secretary of State Marco Rubio and billionaire White House adviser Elon Musk during a Cabinet meeting over staff cuts has raised concerns about the balance of power within the Trump administration. According to reports, Trump told his Cabinet heads that they have the final say on staffing and policy at their agencies, while Musk's operation had been imposing its own blunt-force approach. The meeting followed complaints from agency heads and Republican lawmakers, who were frustrated with the Musk operation's tactics.

Musk's Reform Efforts Face Resistance From Federal Workforce Protesters. Δ1.76

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.

Musk's Embrace of Right-Wing Politics Risks Turning Off Car Buyers and Sinking Tesla's Stock Δ1.76

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.

Elon Musk Floats a Solution to Tesla Vandalism. Δ1.76

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.

Tesla, Inc. (TSLA) CEO Elon Musk: ‘There’s A Changeover That He’s Doing On The Autos’ Δ1.75

Tesla, Inc. is navigating a period of significant change under the leadership of CEO Elon Musk, who is reportedly undergoing a shift in his focus towards autonomous driving technology. As Musk's vision for Tesla's future becomes clearer, investors and analysts are taking notice of the company's progress on its ambitious project to develop fully autonomous vehicles. The stakes are high, with regulators and competitors watching closely as Tesla seeks to revolutionize the automotive industry.

Anti-Trump Activists Target Elon Musk's Tesla Brand to Protest DOGE Cuts Δ1.75

A grassroots movement has emerged, with approximately 350 demonstrators protesting outside Tesla dealerships to voice their discontent over Elon Musk's involvement in significant federal job cuts. Organizers are urging the public to boycott Tesla, aiming to tarnish its brand image and impact Musk financially due to his controversial role in the Trump administration. This activism highlights the intersection of corporate branding and political sentiment, as Tesla, once celebrated for its environmental focus, is now perceived as a symbol of the current administration’s policies.

Elon Musk's Public Image Under Fire Over Business Losses Δ1.75

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 Δ1.75

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.

Senate Republicans Push to Codify DOGE Cuts After Musk Meeting Δ1.74

U.S. Senate Republicans pushed for the U.S. Congress to codify spending cuts identified by billionaire Elon Musk's Department of Government Efficiency on Wednesday, after the Supreme Court declined to let President Donald Trump withhold payments to foreign aid organizations. This move aims to formalize the spending reductions into law, preventing potential future disputes over their implementation. The proposal also seeks to address public concerns about the DOGE's methods and ensure accountability for its actions. Senate Republicans acknowledged that the Supreme Court ruling does not bode well for White House hopes of taking unilateral action on spending cuts.

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.

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 Welcomes 14th Child as Shivon Zilis Announces New Arrival Δ1.74

Elon Musk has expanded his family, welcoming a son with executive Shivon Zilis, marking the billionaire's 14th child. The latest addition comes after conservative influencer Ashley St. Clair revealed she also recently gave birth to a child with Musk. This new family member is the fifth child born to Zilis, who had previously spoken about her experience as a mother.

Tesla Stock Falls 45% From Record High, a 'Gut Check Moment' That Has Wall Street Bulls Doubling Down Δ1.74

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.

Donating to the Police: Cybertruck Fleet Gift Raises Questions About Influence and Transparency Δ1.74

Ben Horowitz's donation of a fleet of Tesla Cybertrucks to the Las Vegas Metropolitan Police highlights the blurred lines between corporate giving and executive influence. The move comes as Horowitz has previously donated millions to the department through its nonprofit foundation, raising concerns about transparency and accountability in police funding. As the relationship between tech giants and law enforcement agencies deepens, it remains unclear whether such donations can be effectively regulated.

Elon Musk Calls Social Security 'The Biggest Ponzi Scheme Of All Time' Δ1.74

Elon Musk has sparked controversy by calling Social Security "the biggest Ponzi scheme of all time," arguing that the program's long-term obligations far exceed its tax revenue. The billionaire argued on a podcast that people are living longer than expected, increasing the government's debt and ultimately threatening the viability of the program. However, this portrayal is at odds with data showing that Social Security has made significant progress in reducing improper payments over the years.

Mansory Gave the Tesla Cybertruck a Garish Makeover, and That’s the Point Δ1.74

Mansory has given the Tesla Cybertruck a garish makeover with its latest creation, the Elongation, which features an abundance of carbon-fiber parts to make the electric truck's looks even more polarizing. Mansory is known for creating outrageous designs that spark debate among car enthusiasts, and this latest redo is no exception. The goal of adding so much carbon fiber was likely to make the Cybertruck's design more attention-grabbing.

Elon Musk Ally Leading CHIPS Act Office Purge Δ1.74

The purge of the CHIPS Act office staff under Michael Grimes' leadership marks a significant shift in Washington's semiconductor strategy. With only 22 staffers remaining, the team's core function of incentivizing chip manufacturers to set up domestic production has been severely reduced. The reduction in staff and eventual dismantling of the office's programs reflect broader tensions between executive power and congressional oversight.

Has Elon Musk Shifted His Stance On Government Salaries? He's Seemingly Aligning With AOC In Advocating for Higher Pay Δ1.73

Elon Musk has seemingly shifted his stance on government salaries, suggesting that increasing compensation for lawmakers and senior government employees could reduce corruption. This position aligns with arguments made by Democrats, including Rep. Alexandria Ocasio-Cortez, who advocates for better pay to prevent financial temptations. The change in Musk's stance comes after he played a key role in tanking a bipartisan funding bill that included a modest pay raise for members of Congress.

Oil Executives Experience Doubts Amid Trump’s Leadership Δ1.73

Energy executives gathering for CERAWeek in Houston are grappling with the complexities of President Donald Trump's policies, which have sparked both hope and uncertainty within the fossil fuel sector. While Trump's administration has lifted certain restrictions and promised increased production, the economic instability caused by his tariffs and sanctions has led to declining oil prices and potential disruptions in investment strategies. As the industry faces a challenging landscape, the conference is expected to reflect a mix of enthusiasm for regulatory support and anxiety over the unpredictable economic climate.

Tesla Sales Down in France, Scandinavia as Musk Faces Test of Brand Δ1.73

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.

US to Name Morgan Stanley Banker to Lead Sovereign Wealth Fund Δ1.73

The Commerce Department is appointing Michael Grimes, a former Morgan Stanley banker, as the lead executive for a planned sovereign wealth fund, marking a significant development in President Trump's efforts to create a US-based investment vehicle for national security projects. The fund, which remains in its early stages, would aim to promote American investments in key sectors such as critical minerals, rare earths, and defense technology. Grimes' appointment underscores the administration's commitment to leveraging private sector expertise to drive strategic investments.

Elon Musk Calls Social Security ‘The Biggest Ponzi Scheme of All Time’. Δ1.73

During a recent podcast with Joe Rogan, Elon Musk characterized the U.S. Social Security system as akin to a Ponzi scheme, raising alarms about its viability amid demographic shifts. He expressed concern that the system, which relies on a decreasing number of working-age contributors to support a growing retiree population, is unsustainable and in urgent need of reform. Musk's comments reflect a broader political debate about potential changes to entitlement programs, emphasizing the challenges posed by an aging population and declining birth rates.