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  • Tesla shares sink 14% following Musk-Trump feud, over $150 billion in market-cap erased

    The fall in Tesla shares led to the stock's market capitalisation taking a hit of $152 billion, falling below the $1 trillion threshold and closing at $916 billion.

  • Elon Musk Slams Trump’s ‘Disgusting’ Spending Bill | $2.5 Trillion Deficit Warning | N18G

    Elon Musk Slams Trump’s ‘Disgusting’ Spending Bill | $2.5 Trillion Deficit Warning | N18G

    Elon Musk has publicly clashed with President Donald Trump over a controversial Congressional spending bill, marking his first open disagreement since leaving his role as head of the Department of Government Efficiency (DOGE). Musk criticized the bill on X, labeling it as “outrageous” and warning it would raise the budget deficit to $2.5 trillion, potentially bankrupting the country. Despite Musk’s sharp remarks, the White House dismissed the criticism, with Press Secretary Karoline Leavitt stating that Musk's views would not influence the president. Trump continues to endorse the bill, calling it “unbelievable” and claiming it cuts deficits. Fiscal conservatives and analysts warn it could increase the deficit by up to $4 trillion over ten years. Meanwhile, the White House Council of Economic Advisers projects optimistic growth of 5.2% and cites $1.6 trillion in spending cuts. Musk, though present at a recent press conference, remained silent, signaling his deep disagreement.

  • Struggle over Americans’ personal data unfolds across US government

    Struggle over Americans’ personal data unfolds across US government

    Elon Musk’s Department of Government Efficiency is gaining access to federal data, sparking security concerns and legal challenges over privacy risks, according to The New York Times.

  • Trade tariffs to Musk: What's on agenda for Modi-Trump meet next week

    Trade tariffs to Musk: What's on agenda for Modi-Trump meet next week

    Modi is scheduled to arrive in Washington on February 12 and likely to meet with Trump on February 13

  • Elon Musk nominated for Nobel Peace Prize for 'Free Speech'

    Elon Musk nominated for Nobel Peace Prize for 'Free Speech'

    Grims said that a petition for the Tesla and SpaceX CEO's nomination for the Nobel Peace Prize had been submitted to the Norwegian Nobel Committee.

  • India sees Tesla alone achieving 50% domestic value addition for EVs in less than 3 years: Official

    India sees Tesla alone achieving 50% domestic value addition for EVs in less than 3 years: Official

    Given India's strong auto components ecosystem, the government is confident of achieving the target for value addition comfortably, before the stipulated time. The EV policy mandates 50% domestic value-addition, within a maximum of 5 years.

  • India hopes Musk’s potential entry goes beyond Tesla; include battery tech, Starlink, says DPIIT Secy

    India hopes Musk’s potential entry goes beyond Tesla; include battery tech, Starlink, says DPIIT Secy

    In an exclusive interview to Moneycontrol, Rajesh Kumar Singh said the tax cut offered via the EV policy cannot be termed as 'concessional'

  • Musk likely to announce Tesla's India entry after meet with Modi on April 22

    Musk likely to announce Tesla's India entry after meet with Modi on April 22

    To be sure, a general announcement is likely rather than a site-specific one pending a Tesla board approval for the location of a plant in India.

  • World Street: Loss of Charlie Munger, Ackman's rate cut hopes, looming copper crunch, crypto revival, and more

    World Street: Loss of Charlie Munger, Ackman's rate cut hopes, looming copper crunch, crypto revival, and more

    From the passing away of Warren Buffett's most trusted aide to Chinese firm's hunt for American pie, and Musk's cybertruck to Virgin Atlantic's cross-ocean flight, here's a look at the market from around the world

  • Live: Spain Right-wing wins elections | Bain to buy Adani Housing | Musk changes Twitter to 'X.com'

    Live: Spain Right-wing wins elections | Bain to buy Adani Housing | Musk changes Twitter to 'X.com'

    Spain's opposition right-wing won the elections with a hundred per cent votes counted... But it failed to secure a parliamentary majority. Top global private equity firm Bain Capital has entered into a definitive agreement to acquire 90% of Adani Capital and Adani Housing. The transaction will buy out 100% of the Adani family’s private investments. Musk to change the iconic bird logo of Twitter and replace it with an 'X'. To know what you need to look ahead of the upcoming week watch this edition of Newspresso with Moneycontrol's Stacy Pereira.

  • Elon Musk’s Story | The man behind Tesla, SpaceX & now Twitter

    Elon Musk’s Story | The man behind Tesla, SpaceX & now Twitter

    Elon Musk, CEO of Tesla, has recently announced the launch of a new artificial intelligence start-up called xAI. Recently he was also in the news after announcing that micro-blogging site Twitter is limiting tweets for non-paying users; and for Twitter's competition with Meta-owned Threads app. Musk has been known to do some outlandish things from time to time. We take a dive into how this billionaire went from getting bullied as a child to becoming one of the most successful and controversial men in tech. Watch his story.

  • Live: EU-US data privacy framework | Tech earnings round-up | Musk’s new xAI | Newspresso

    Live: EU-US data privacy framework | Tech earnings round-up | Musk’s new xAI | Newspresso

    EU-US Data Privacy Framework, and aims to ensure that data can flow safely between the EU and U.S., without having to put in place additional data protection safeguards. In Earnings Corner TCS Has Reported a first quarter earnings largely in-line with muted estimates. Net profit Is up 16.8% (yoY) at Rs 11,074 crore. On the trends front find out about Kazuyoshi Miura a fifty-six year old Japenese football player who refuses to retire. He is the oldest football player in the world. Watch this edition of Newspresso with Stacy Pereira for your morning dose of news!

  • China's commerce minister meets Tesla's Musk, promises support to foreign companies

    China's commerce minister meets Tesla's Musk, promises support to foreign companies

    Musk earlier met with China's ministers of industry and foreign affairs.

  • Elon Musk plans AI startup to rival ChatGPT-maker OpenAI: Report

    Elon Musk plans AI startup to rival ChatGPT-maker OpenAI: Report

    Twitter-owner Musk is assembling a team of AI researchers and engineers, according to the FT report, and is also in discussions with some investors in SpaceX and Tesla Inc about putting money into his new venture.

  • Musk-Twitter deal done, CEO Parag Agrawal fired | What's next for the social media platform?

    Musk-Twitter deal done, CEO Parag Agrawal fired | What's next for the social media platform?

    Elon Musk took control of Twitter and fired its top executives, US media reported late on Thursday, hours before the deadline for the billionaire to seal his on-again, off-again deal to purchase the social media network. Musk's initial moves at Twitter's helm included firing chief executive Parag Agrawal, who went to court to hold the Tesla chief to the terms of a takeover deal he had tried to escape. What does Musk have in store for the social media giant? Will he bring back Donald Trump? Where is Twitter headed from here on? Watch the video to find out.

  • Musk Turns 'Chief Twit', Says 'The Bird Is Freed' | How Does Twitter Make Money? | World News

    Musk Turns 'Chief Twit', Says 'The Bird Is Freed' | How Does Twitter Make Money? | World News

    Billionaire Elon Musk said on Wednesday he was entering Twitter Inc's San Francisco office, days ahead of a court-ordered deadline to close his $44 billion deal for the social media platform. "Entering Twitter HQ let that sink in!" said the caption to a video that Musk tweeted in which he was walking into the Twitter office carrying a sink in his hands. Hours earlier, he hinted at being the company's top boss after updating his profile's bio to "Chief Twit". How does Twitter make money and what plans does Musk have for Twitter? Watch the video to find out!

  • Tesla to host town hall event near Brandenburg plant on Sunday

    Tesla to host town hall event near Brandenburg plant on Sunday

    At the town hall event, to run from 1000-1700 CET, residents will be able to talk to Tesla employees and get information on water consumption as well as environmental and water protection at the plant, located in the German state of Brandenburg.

  • Musk hates Ads. Twitter needs them. That may be a problem

    Musk hates Ads. Twitter needs them. That may be a problem

    Now, numerous advertising executives say they’re willing to move their money elsewhere, especially if Musk removes the safeguards that allowed Twitter to remove racist rants and conspiracy theories.

  • Inside Twitter, fears Musk will return platform to its early troubles

    Inside Twitter, fears Musk will return platform to its early troubles

    Employees of Twitter and other social media companies said that Musk seemed to understand little about Twitter’s approach to content moderation and the problems that had led to its rules — or that he just did not care.

  • Selling Twitter to Elon Musk is good for investors. What about the public?

    Selling Twitter to Elon Musk is good for investors. What about the public?

    The Twitter situation shows how “we need to fundamentally change the approach to corporate governance,” said Palladino, associate professor of economics at the University of Massachusetts.

  • Twitter under Elon Musk will be a scary place

    Twitter under Elon Musk will be a scary place

    Even as Twitter’s board on Monday was debating his offer of $54.20 per share, which it accepted, Musk was setting the tone for his leadership by tweeting that Securities and Exchange Commission officials were “shameless puppets.”

  • 4 ways Twitter could change under Elon Musk

    4 ways Twitter could change under Elon Musk

    Musk has given more hints about what he would change about Twitter — in interviews, regulatory filings and, of course, on his Twitter account.

  • Billionaire yearbook photos: We've recognised Elon Musk, can you recognise the rest?

    Billionaire yearbook photos: We've recognised Elon Musk, can you recognise the rest?

    And this is how Elon Musk responded to a journalist's tweet of his yearbook photo.

  • What's Happening? Musk, Bitcoin, hacktivists and everything in between

    What's Happening? Musk, Bitcoin, hacktivists and everything in between

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