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The Latest Breaking News from Elon Musk

Ex-DOGE Employee Was Amazed by 'How Efficient the Government Was,' Found 'Relatively Nonexistent' Abuse

A former DOGE staffer says he was fired for praising the government's efficiency in an interview, despite the agency's stated commitment to finding waste.

Latin Times

‘I don’t even know if Starlink is a horse anymore’: Former exec reveals how Musk-Trump feud could destroy global satellite empire

When your biggest asset becomes your biggest liability.

We Got This Covered

Ark Invest's Cathie Wood Reveals the One Stock She'd Pick If She Had Only One Choice — and It's Not FAANG

Cathie Wood recently said in a podcast that she would pick Tesla if she had only one choice to invest in a stock. She maintains her Tesla stock price target of $2,600 in five years.

International Business Times UK

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Trust no one when it comes to ID cards

The Guardian - UK

The Trump-Musk feud exposes America’s wealth-hoarding crisis

The Tesla boss wields power no one person should have. But there’s a way to fix the problem

The Guardian - US

Why ultra wealthy donors like Elon Musk and Zia Yusuf may just be fundamentally incompatible with the politics of the radical right

Former chairman Zia Yusuf has rejoined Reform after quitting days previously. Yusuf had said he no longer wanted to work to get the party into government when new MP Sarah Pochin called for a ban on burqas in the UK. However, he seems to have had a change of heart…

The Conversation

After Verifying a Lie, Grok Gets a Lifeline, Can New Engineers Fix Elon's Flailing AI?

Elon Musk publicly reprimanded his AI chatbot, Grok, after it incorrectly verified a fake X post about him and Stephen Miller.

International Business Times UK

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Trump Deploys Marines to L.A.

Plus: RFK Jr. tackles vaccine advisory board, menswear influencer might be deportable, and more...

Reason

Unstoppable force loses battle with immovable object: Elon bows to Trump

Four days into a public feud between the world’s most powerful person and the world’s richest person, I declare Musk the loser

The Guardian - US

The Global Auto Industry Is Drowning in Overcapacity

Today on Critical Materials: auto industry has a

InsideEVs

Elon Musk’s Starlink was installed on the White House roof—Dems say it may ‘undermine national security’ by exposing sensitive data to hackers

Elon Musk’s DOGE team reportedly installed a Starlink satellite internet system in the White House despite the objections of government security experts.

Fortune

Top investor Cathie Wood says Elon Musk's feud with Trump shows just how much Musk's companies rely on the government

Wood said Musk works well under pressure and “creates a lot of that chaos and pressure himself.”

Fortune

Trump and Musk might already be making up over L.A. protests

While the president said his relationship with Musk is over, the Tesla CEO has returned to supporting the White House's stance.

Fortune

Stock Index Futures Tread Water as Investors Await Outcome of U.S.-China Trade Talks

June S&P 500 E-Mini futures (ESM25) are up +0.03%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.05% this morning as trade talks between the U.S. and China extended into a second day, with investors cautiously awaiting the outcome.

Barchart

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Fortune

Tesla was profitable last quarter thanks to a regulatory credit loophole the Trump administration is working to effectively eliminate

Elon Musk’s EV company made $2.67 billion from regulatory credits last year.

International Business Times

Elon Musk's Net Worth Drops by $34B After Feud With Trump

Elon Musk suffers $34 billion net worth drop after his feud with President Donald Trump.

Euronews

Asian shares make modest gains as investors eye US-China talks

Trade talks between the US and China are to continue for a second day in London.

The Independent UK

Odds of ‘city killer’ asteroid 2024 YR4 striking Moon increase

It would be one of largest asteroids in recent history to hit lunar surface

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The Independent UK

Asian shares gain as investors keep an eye on China-US trade talks

Asian shares are mostly higher as investors keep an eye on China-U.S. trade talks that might help stave off a recession

The Conversation

Starlink is transforming Pacific internet access – but in some countries it’s still illegal

In the past few years, Starlink’s satellite internet service has become available across much of the Pacific. This has created new challenges for regulators in Pacific Island countries: some have promoted Starlink while others have banned it.

The Independent UK

RFK Jr removes entire panel of CDC’s vaccine experts

‘The committee has been plagued with persistent conflicts of interest and has become little more than a rubber stamp for any vaccine,’ Kennedy claimed in a Monday op-ed

Latin Times

Trump 'Lost a Powerful Ally' Following Blow Up With Elon Musk, Russian News Anchor Declares: 'Is Trump Failing?'

A Russian news anchor and a Russian-American political pundit discussed how President Donald Trump's falling out with billionaire Elon Musk would impact Trump's overall influence as President, even going as far as to declare that Trump was "failing".

Reason

Fake Immigration Crisis Triggers Actual Violence

Are outdated laws ripe for abuse? A listener asks whether it's time to sunset certain old laws.

The Guardian - AU

Morning Mail: staggering prison death toll revealed, LA braces for more unrest, Albanese to deliver key speech

Guardian Australia investigation shows how authorities failed to act on ligature points in jails; US veterans warn about Trump ‘escalation’

Sports Illustrated

Sports Commissioners Should Take Heed of Elon Musk’s Fallout With Donald Trump

The president loves to use sports as a cultural wedge and when he comes calling, executives should remember how impossible he is to satisfy.

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