Tesla shares plunged nearly seven percent Monday, wiping out $68 billion in market value, as CEO Elon Musk’s escalating political ambitions drew sharp criticism from top investors. Longtime supporters voiced concerns that Musk’s push to launch an “America First” political party — seen as a direct challenge to President Donald Trump — is undermining Tesla’s focus and future.
A New Jersey teen is suing Tesla, claiming the carmaker’s design flaws caused a deadly crash that killed his entire family. The wrongful death lawsuit points directly at Tesla’s safety systems and CEO Elon Musk’s public claims about autopilot technology.
A SpaceX Starship prototype exploded during a ground test at Starbase in Boca Chica, Texas, creating a massive fireball and shaking nearby communities.
House Speaker Mike Johnson (R-LA) pushed back Friday night against concerns that Tesla CEO Elon Musk’s criticism could derail the Republican-led “Big, Beautiful Bill,” a cornerstone legislative package reflecting President Trump’s core agenda. Appearing on Fox News’ Jesse Watters Primetime, Johnson dismissed Musk’s opposition, describing the bill as a direct fulfillment of Trump’s campaign promises.
Jared Isaacman’s nomination to lead NASA has been officially withdrawn, with White House sources confirming the decision had nothing to do with Elon Musk—but everything to do with Isaacman’s past support for Democrat causes and DEI initiatives. Despite heavy lobbying from Musk, officials say Isaacman was never aligned with President Trump’s America First agenda.