Musk made the announcement after Tesla delivered a dismal first-quarter earnings report.

For Q1 2025, Tesla took in $595 million in regulatory credits. Net income amounted to just $409 million.

As Tesla sales fall sharply, Elon Musk says he intends to scale back his DOGE work. But what if the damage he's done to the ...

Tesla's first-quarter earnings report itself was a disaster, but Musk gave investors some much-needed good news on the ...

Good morning! It’s Daniel de Visé with your Daily Money. Profits are plummeting at Tesla, the automaker whose dealerships ...

Tesla struggled to sell vehicles as it faced angry protests over Musk’s leadership of DOGE, a jobs-cutting group that has ...

An update last night showed Tesla endured a torrid first quarter, with car sales and profits falling sharply, as Musk’s close ...

The Tesla brand will likely continue to feel blowback from Musk’s outspokenness on government policies. At the same time, ...

Global markets are rebounding as the president softened his protectionist rhetoric and his criticism of the central bank. But ...

Most legal scholars agree that Trump can’t fire Powell from the Fed’s board of governors, and there is no legal precedent for ...

The company reported a profit for its core auto business that topped rock-bottom expectations, while CEO Elon Musk said he ...

CEO Elon Musk said ‘China wants some assurances’ that the magnets Tesla is trying to buy will not be used for military ...