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The Latest Breaking News from Elon Musk

Musk Predicts a “Few Rough Quarters” Ahead. Is Tesla Stock Still a Good Buy?

Tesla believes it is in a transition period, and the road ahead could be rough.

Barchart

Stocks Gain on Tech Earnings and US Labor Market Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.21%. September E-mini S&P futures (ESU25 ) are up +0.23%, and September E-mini Nasdaq futures...

Barchart

Tesla Stock Is Slipping Despite Musk’s Bold Promises. Should You Buy TSLA Here?

Tesla stock is trading lower today after missing Q2 estimates. While CEO Elon Musk yet again repeated that TSLA would one day become the world’s most valuable company, markets are not buying that argument, at least for now.

Barchart

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Tesla Is In For A Rough Spell. Musk Believes Autonomy Will Save It

Meanwhile, Tesla's brand image is absolutely cooked. Plus, The U.S. built fewer than 400 chargers with $7.5 billion in federal funding.

InsideEVs

Elon Musk admits ‘rough’ times ahead for Tesla as company focuses less on selling cars, more on robo-taxis

Many prospective buyers have been turned off by Musk’s foray into right-wing politics

The Independent UK

Stocks Supported by Strong Earnings from Alphabet

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. September E-mini S&P futures (ESU25 ) are up +0.08%, and September E-mini Nasdaq futures...

Barchart

Elon Musk Has Almost 4 Million Times More Money Than You — Here’s What That Looks Like

It's hard to wrap your head around the concept, so GOBankingRates did some math to put it in perspective.

GOBankingRates

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Tesla faces ban from selling cars in California

Autopilot and Full Self-Driving features have been blamed for deadly accidents

The Independent UK

Elon Musk–Sam Altman Rivalry To Come Alive In Amazon MGM's Upcoming Film 'Artificial', With Ike Barinholtz Likely To Play Musk: Report

Ike Barinholtz, the actor known for his role in Apple’s “The Studio,” is in talks to play Elon Musk in an upcoming AI-themed film, “Artificial.” The movie, directed by Luca Guadagnino, is set to be released by Amazon MGM Studios, owned by Amazon.com Inc. (NASDAQ:AMZN).

Benzinga

Treasonous Conspiracy

Plus: Columbia settles, State Department releases murderer, and more...

Reason

Tesla Faces Profit Slump and Shrinking European Market Share as Musk Warns of Rough Quarters Ahead

A tumultuous period lies ahead for Tesla as profits decline and its European market share shrinks. Elon Musk warns of "rough quarters" due to expiring US tax credits.

International Business Times UK

Tesla sells off after Elon Musk scraps his 2025 sales growth target and warns, ‘We could have a few rough quarters’

The Tesla CEO hosted an earnings call once more long on promises and short on specifics, especially regarding his month-old robotaxi service that has logged only 7,000 driverless miles.

Fortune

You’d Need To Work for 3.5 Million Years To Match Elon Musk’s Net Worth — Here’s the Math

Someone making around $115,000 annually, or $55 per hour, would need to work 3.5 million years to accumulate that amount of money.

GOBankingRates

Are You Smarter Than Elon Musk? If So, You Can Avoid His 5 Money Mistakes

Musk might be a genius billionaire, but he has made mistakes.

GOBankingRates

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The Independent UK

AI-themed film to depict drama at Elon Musk company

IN FULL

Benzinga

As Elon Musk, Mark Zuckerberg And Sam Altman Chase Nvidia AI Chips, Jensen Huang Says 'Just Call Me' — Here's How Allocation Really Works

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang revealed the company’s straightforward chip allocation process during Wednesday’s All In Podcast, dismissing concerns about favoritism among tech titans competing for scarce artificial intelligence processors.

Benzinga

Elon Musk's Starlink-Powered T-Satellite Aims To End Dead Zones — But Expert Warns: 'This Will Bite T-Mobile' After 12-Month Deal Ends

T-Mobile US Inc.‘s (NASDAQ:TMUS) newly launched T-Satellite service, powered by Elon Musk's Starlink, could backfire on the telecom giant once a speculated 12-month exclusivity deal ends, highlights Peter Adderton, the founder of MobileX and Boost Mobile.

Benzinga

Gene Munster Says Tesla's Cheaper Model Y Is Like Apple's iPhone Strategy—But Warns It May Cannibalize Sales

Deepwater Asset Management's co-founder Gene Munster thinks the affordable Tesla Inc. (NASDAQ:TSLA) Model Y trim level will cannibalize the existing Model Y.

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news in one place.

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The Independent UK

Elon Musk film eyes up The Studio actor for starring role

Reports suggest the film follows a tumultuous period at the artificial intelligence company OpenAI

Benzinga

Tesla Stock Falls Over 6% Pre-Market After Q2 Miss — Elon Musk Warns Of 'Rough Few Quarters' Ahead

Tesla Inc. (NASDAQ:TSLA) is down by over 6% in pre-market trading following the company's Q2 earnings call with investors.

The Guardian - UK

Tesla’s European sales slump as Musk warns of ‘rough quarters’ ahead

Electric carmaker struggles to emerge from sales rut on continent despite updating its bestselling Model Y

Benzinga

Tesla CFO Urges Customers To Order Now Or Risk Delay As Trump Nixes $7,500 EV Credit

Tesla Inc.'s (NASDAQ:TSLA) Chief Financial Officer, Vaibhav Taneja, has cautioned that President Donald Trump's regulatory changes could impact the EV giant's inventory.

Euronews

Tesla's results plummeted again and 'rough quarters' are coming, says Musk

The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits continued to drop sharply in the latest quarter.

The Guardian - US

Trump’s war on windmills started in Scotland. Now he’s taking it global

President’s opposition to offshore wind more than a decade ago now threatens a huge industry in the US and beyond

Benzinga

Lisa Su Says AI Chip Demand Could Top $500 Billion In Just A Few Years — Says US Must Rapidly Scale Manufacturing To Keep Up With Elon Musk, Sam Altman

Advanced Micro Devices Inc. (NASDAQ:AMD) CEO Lisa Su has projected explosive growth in AI chip demand while warning that the U.S. must rapidly expand its manufacturing capacity to stay ahead in the global AI arms race.

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