Elon Musk has announced that Tesla shareholders will vote on whether to fund his AI startup xAI, even as the company faces backlash over antisemitic content generated by its chatbot, Grok. The move has drawn comparisons to previous controversial business decisions made by Musk, raising questions about corporate governance and priorities.
Tesla and Ford are racing against the clock as the federal electric vehicle tax credit is set to expire on September 30. The $7,500 incentive, which has helped drive EV adoption in recent years, is being eliminated under President Donald Trump’s newly passed “Big Beautiful Bill.” Automakers are scrambling to clear inventory before the deadline hits and prices rise.
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 19-year-old Missouri resident accused of firebombing a Tesla dealership in Kansas City could face up to 30 years in federal prison if convicted on all charges. The suspect, Owen McIntire, allegedly targeted two Tesla vehicles in March and now faces charges of malicious destruction of property and unlawful possession of an unregistered destructive device.
Former CNN political analyst Chris Cillizza revealed that his Tesla was vandalized with a sign reading "Musk is a Nazi" during his son's soccer tournament.
Elon Musk, CEO of Tesla and SpaceX, announced plans to significantly reduce his political spending following substantial contributions to President Donald Trump's 2024 campaign.
