Trump threatens to cut off Musk's subsidies. That could cost Tesla and SpaceX billions.
"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.
Tesla
Musk claims Trump's name is in Epstein files
Elon Musk and President Trump continued their war of words Thursday with Musk claiming on social media that Mr. Trump's name appeared in the files related to the case of Jeffrey Epstein, the disgraced financier who died by suicide in federal custody in 2019 while facing charges of sex trafficking. CBS News' Aaron Navarro and Nikole Killion have more. Then, CBS News contributor JD Durkin joins to assess the feud's impact on Tesla stock.
Tesla's Elon Musk: What's changed in a decade
"60 Minutes" first met the visionary CEO in 2008 for a report on the race to make the electric car. Producer Shachar Bar-On explains.
2014: Elon Musk's industrial empire
So many children dream of fast cars and rocket ships, but few actually grow up to build them – and change the world in the process.
Elon Musk: "I have no respect for the SEC"
The Tesla cofounder got in hot water with the Securities and Exchange Commission this summer and explains to Lesley Stahl how his tweeting has been reined in as a result.
BYD may have outsold Tesla in Europe
China's largest automaker, BYD, sold more electric cars in Europe than Tesla for the first time, according to research from JATO Dynamics. CBS News' Ramy Inocencio has more.
Trump seems open to lowering tariff rate
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with Chinese officials for trade talks in Switzerland this weekend. Ahead of the meeting, President Trump seemed to suggest he'd be open to lowering the tariff rate on Chinese imports. CBS News' Nikole Killion and Kelly O'Grady have more.
Tesla chair denies its board is looking to replace CEO Elon Musk
Tesla Chair Robyn Denholm said report claiming company's board contacted recruitment firms to begin search for new CEO is "absolutely false."
A look at Elon Musk and DOGE's first 100 days
As the U.S. marked the first 100 days of President Trump's second term, it also saw 100 days of Elon Musk and the Department of Government Efficiency, known as DOGE. Tech journalist Yasmin Khorram reports on Elon Musk and CBS News' Karen Hua and Nicole Valdes have more on DOGE cut impacts.
Mar 25: CBS News 24/7, 10am ET
Journalist says top Trump officials included him in group text about war plans; Top intel leaders testify amid Signal group text fallout.
Mar 25: CBS News 24/7, 4pm ET
Lawmakers grill national security officials on security breach in messaging app group chat that discussed plans to bomb Houthi targets in Yemen; Report card released on U.S. infrastructure.
Mar 25: CBS News 24/7, 1pm ET
Tensions flare at Senate hearing in fallout from explosive article in The Atlantic; President Trump's portrait to be taken down at Colorado Capitol after criticism.
EU hits Apple, Meta with antitrust fines
The European Union is telling Apple and Meta to pay up after watchdogs hit them with $800 million in antitrust fines. Mashable reporter Matt Binder joins CBS News to discuss.
Tesla's earnings fall far short as investors ask Elon Musk to ditch DOGE
Tesla's sales and stock price have taken a hit this year amid blowback over CEO Elon Musk's role in the Trump administration.
Elon Musk says his DOGE work will "drop significantly" in May
Elon Musk told Tesla investors that he plans to scale back his time at the Department of Government Efficiency.
Tesla's Q1 sales, profits below expectations
Tesla released its earnings report for 2025's first quarter Tuesday with sales and profits falling short of analyst expectations as CEO Elon Musk continues to focus on the Trump administration's Department of Government Efficiency. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Mar 11: CBS News 24/7, 1pm ET
China and Canada impose retaliatory tariffs on U.S. goods; Transgender Army major sees support from peers.
Suspect arrested for attacks at Tesla facility and GOP HQ in New Mexico
A suspect has been arrested in connection to a February arson attack at a Tesla facility in New Mexico and last month's alleged attack at the Republican Party of New Mexico headquarters.
Electric vehicle industry braces for tariffs
President Trump's tariffs are likely to impact the production and sales of electric vehicles. Albert Gore III, executive director of the Zero Emission Transportation Association, joins "America Decides" to examine the state of the EV industry.
Tesla sales drop 13% from last year
Tesla reported that sales estimates have dropped 13% from last year. The dip comes along with the worst quarter for the company's stock in three years. Kelly O'Grady has more.
Tesla decelerates as its vehicle shipments slid 13% in first quarter
Tesla is seeing softer demand for its electric vehicles amid protests over Elon Musk's government role at DOGE.
Tesla EVs, charging stations targeted by possible arson in Italy and France
Tesla has been the target of protests around the world amid owner Elon Musk's affiliation with the Trump administration and his backing of European far-right parties.
Americans protest Musk at Tesla dealerships
Americans are participating in protests at Tesla dealerships around the U.S. to manifest against Elon Musk. The entrepreneur has been a leader in the Trump administration's efforts to cut spending across the federal government and many voters are protesting his involvement. CBS News' Tom Hanson reports.
Elon Musk says his DOGE role is hurting Tesla's stock price
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Protesters rally at Tesla showrooms in U.S., Europe to protest Elon Musk
Protesters are trying to escalate a movement targeting Tesla dealerships and vehicles in opposition to Elon Musk's role in DOGE.
U.S. launches Christmas Day strikes on ISIS targets in Nigeria, Trump says
The strikes come after the president spent weeks accusing Nigeria's government of failing to rein in the persecution of Christians.
More severe weather in store for a soaked California, raising mudslide risk
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
Zelenskyy says he had "very good conversation" with U.S. envoys on Christmas
Ukrainian President Volodymyr Zelenskyy said he discussed "substantive details" of a Ukraine-Russia peace deal with President Trump's envoys Steve Witkoff and Jared Kushner on Christmas.
Kimmel skewers Trump, tells U.K. viewers "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Death toll from UPS cargo plane crash in Louisville rises to 15
On Nov. 4, UPS Flight 2976 bound for Hawaii crashed moments after takeoff from Louisville International Airport, where UPS has its global aviation hub.
As beef prices rise, small butcher shops adapt to changing demand
With higher prices for beef, customers are looking for alternatives.
Australia announces bravery award for heroes of Bondi Beach attack
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Single ticket wins Powerball's $1.817 billion Christmas Eve jackpot
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
King Charles and royal family, minus Andrew, gather for Christmas
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
U.S.
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Death toll from UPS cargo plane crash in Louisville rises to 15
On Nov. 4, UPS Flight 2976 bound for Hawaii crashed moments after takeoff from Louisville International Airport, where UPS has its global aviation hub.
When grocery stores reject imperfect produce, this company steps in
More than 20 billion pounds of produce are rejected by U.S. grocery stores each year.
As beef prices rise, small butcher shops adapt to changing demand
With higher prices for beef, customers are looking for alternatives.
More severe weather in store for a soaked California, raising mudslide risk
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
MoneyWatch
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Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
NHTSA investigating Tesla Model 3 emergency door handles
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
Hawaii cruise passengers face new climate change tax after court ruling
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
How to save money on your utility bill this winter as heating costs rise
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
We asked experts to rate the U.S. economy in 2025. Here's what they said.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Politics
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U.S. launches Christmas Day strikes on ISIS targets in Nigeria, Trump says
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
Trump promises to guard against "bad Santa" in Christmas Eve calls with kids
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
Trump-backed candidate declared winner of Honduras' presidential vote
President Trump-backed candidate Nasry Asfura has won Honduras' presidential election, the country's electoral authorities said, ending a weeks-long count.
HealthWatch
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Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
Finding hope through cancer clinical trials
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
World
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U.S. launches Christmas Day strikes on ISIS targets in Nigeria, Trump says
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Australia announces bravery award for heroes of Bondi Beach attack
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Zelenskyy says he had "very good conversation" with U.S. envoys on Christmas
Ukrainian President Volodymyr Zelenskyy said he discussed "substantive details" of a Ukraine-Russia peace deal with President Trump's envoys Steve Witkoff and Jared Kushner on Christmas.
Imprisoned Brazilian ex-president Bolsonaro undergoes surgery
Jair Bolsonaro, who has been hospitalized since Wednesday, has been serving a 27-year prison sentence since November for an attempted coup.
Entertainment
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Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
King Charles and royal family, minus Andrew, gather for Christmas
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
Kennedy Center Christmas Eve concert canceled after Trump's name added
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
NYT movie critic breaks down top 2025 movies
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
Small Oklahoma town pays homage to leg lamp
The leg lamp in "A Christmas Story" might be one of cinema's most iconic props, and one small town in Oklahoma has a special way to celebrate it. Omar Villafranca reports.
Technology
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Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Terry Rozier seeks to have charges thrown out in NBA gambling case
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
California farming magnate arrested in Arizona in wife's shooting death
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
D.C. National Guard shooting suspect facing 5 additional federal charges
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
Officials: Melodee Buzzard's body recovered
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
Delaware state trooper killed in DMV shooting
A Delaware state trooper was killed Tuesday during a shooting at a Wilmington DMV, the Delaware State Police said. The state's governor confirmed the shooter is also dead.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Holiday cookie box deliveries make spirits bright
The most important ingredient in Christmas cookies isn't the flour or the sugar -- it's the love and care that go into baking them. Major Garrett has more.
9-year-old delivers teddy bears to hospital kids
For more than a century, young kids have awakened on Christmas morning to find a teddy bear waiting for them under the tree. That gave one child an idea: getting teddy bears and the comfort they bring to the children who need them most. Tom Hanson has the story.
The business turning rejected produce into savings
Abhi Ramesh launched Misfits Market in 2018, an online grocery store that buys rejected produce from farmers and packages it for sale across the country. Skyler Henry reports.
How butchers are adapting to higher beef prices
As beef prices rise, small butcher shops are adapting to changing demand. Kelly O'Grady reports.
King Charles gives annual Christmas address
Britain's King Charles delivered his annual Christmas address, carrying on a royal tradition that began nearly a century ago. Leigh Kiniry has more.