With 85% of its U.S. lineup USMCA-compliant and localized supply chains, Elon Musk says Tesla is “least affected” by Trump's auto tariffs.
Musk said he will likely remain with DOGE until the end of President Trump's term, but would scale back his work 'significantly' to focus on Tesla.
The following are live updates from Tesla’s Q1 2025 earnings call.
Tesla’s quarter-end cash, cash equivalents and investments stand at a healthy $37 billion.
Imports, which include vehicles from Tesla and BYD, now claim about 75% of overall EV sales in the country.
The report was initially shared by CNBC’s David Faber during a segment on the Faber Report.
Tesla stock reached as high as $488.54 per share in 2024, though it is trading at around $240 per share as of writing.
Ukraine is exploring EU satellite alternatives to Starlink, driven by concerns over Elon Musk’s unpredictability. Starlink remains vital for Ukraine’s battlefield connectivity and cannot be easily...