Tesla shares sink as Musk and Trump renew feud over spending bill
Tesla shares have taken a hit as the world's richest person and President Trump continue to exchange jabs over the spending bill.
Watch CBS News
Tesla shares have taken a hit as the world's richest person and President Trump continue to exchange jabs over the spending bill.
President Trump again targeted Elon Musk, attacking the amount of government subsidies Musk is receiving after Musk renewed criticism of the president's flagship spending bill.
The Tesla and SpaceX CEO also posted that the bill would be "political suicide for the Republican Party."
A SpaceX Starship upper stage exploded during ramp-up to an expected engine test firing at the company's Starbase facility on the Texas Gulf Coast. It's an apparent major setback for the program.
Elon Musk says he regrets some of his recent criticisms of President Trump, in the wake of their public falling-out last week. Musk says some "went too far."
The public feud between President Donald Trump and Elon Musk may settling down. In a post on the X platform, Musk said his social media posts about the president went too far.
Elon Musk floated creating a new political party, possibly dubbed the "America Party," this week, potentially escalating his feud with President Trump.
Steve Bannon told CBS News he wants the Trump administration to probe alleged drug use by Elon Musk, and his immigration status.
President Donald Trump and Elon Musk each took to social media Thursday for statements on what became a public feud.
"Elon and I had a great relationship," President Trump said Thursday. "I don't know if we will anymore."
Tesla's stock price tumbles 14%, erasing more than $150 billion in the automaker's value, as Elon Musk and President Trump trade barbs.
Spike in early Social Security claims this year points to growing concerns about the health of the Social Security system, experts say.
As the Department of Government Efficiency leader steps away from the White House, Elon Musk talks with "Sunday Morning" about why he believes Trump's proposed budget clashes with his team's efforts to slash the functions of government.
President Trump praised Elon Musk for his work through the White House's Department of Government Efficiency as the billionaire's tenure as a "special government employee" came to an end on Friday.
Elon Musk is officially wrapping up his time with the Department of Government Efficiency project. White House officials have confirmed at least two other Doge staffers are also leaving their posts.
After back-to-back Starship upper stage failures, SpaceX on Tuesday again launched the world's most powerful rocket, but faced new problems.
The home of Elon Musk's SpaceX rocket company is on its way to becoming an official Texas city with a galactic name: Starbase.
The push by Elon Musk's Department of Government Efficiency to slash federal funding will cost taxpayers money, nonpartisan group finds. Here's why.
Tesla's sales and stock price have taken a hit this year amid blowback over CEO Elon Musk's role in the Trump administration.
A New York judge has relaxed a ban she'd put on Elon Musk's Department of Government Efficiency preventing it from accessing sensitive U.S. Treasury Department information.
The Postal Service contends, as it did last year before a similar increase, that the price hike is needed to achieve financial stability.
One family said they were dismayed when the Social Security site said their disabled adult son was no longer receiving benefits.
Across the U.S., tens of thousands have been attending rallies held by the Vermont Senator, who says that the nation is moving rapidly toward what he calls an oligarchy influenced by billionaires.
The protests come on the heels of Mr. Trump's announced so-called reciprocal tariffs applied to imports from about 90 nations, which were followed by at least two days of plunging stock markets domestically and worldwide.
Hundreds of thousands of activists gathered in cities across the Country on Saturday to protest the Trump administration in what has been the largest demonstration against the president since he retook office.
