U.S. Senate introduced a raft of last-minute energy amendments to President Trump’s hallmark economic legislation. The sweeping 900-page bill, which is in its final stages before a Senate vote, now includes provisions that roll back support for clean energy initiatives and introduce new advantages for fossil fuel producers. The sudden changes have blindsided renewable energy … Continue reading “Senate Shocks Clean Energy Industry with Last-Minute Bill Changes, Musk Calls It “Destructive””
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Tesla stock (TSLA) tumbled more than 7% on Tuesday amid escalating tensions between CEO Elon Musk and President Donald Trump. The president renewed threats to slash government funding tied to Musk’s various ventures, including Tesla and private aerospace giant SpaceX. “Elon may get more subsidy than any human being in history,” Trump posted Monday on … Continue reading “Trump Threatens Elon Musk Subsidies, Tesla Stock Nosedives 7%”
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Tesla’s global vehicle deliveries dropped 13% in the second quarter of 2025, with 384,122 units sold from April to June — down from 443,956 a year earlier. The decline comes amid ongoing consumer backlash tied to CEO Elon Musk’s political alignments, particularly his vocal support for Donald Trump and far-right politicians in Europe. This latest … Continue reading “Tesla Sales Drop 13% as Political Backlash Against Musk Continues to Bite”
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Tesla and its CEO Elon Musk have been hit with a proposed class action lawsuit filed in federal court in Austin, Texas, accusing the electric vehicle giant of securities fraud tied to its autonomous driving technology — specifically, its much-hyped Robotaxi initiative. The lawsuit was filed Monday night following a turbulent debut of Tesla’s Robotaxi … Continue reading “Tesla, Musk Sued by Shareholders Over Robotaxi Safety Risks”
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Elon Musk has escalated his dispute with Apple, accusing the tech giant of anti-competitive practices involving the App Store ranking of his AI chatbot Grok and his social media platform X. Musk announced on Monday that his AI company, xAI, intends to take “immediate legal action” against Apple if the situation isn’t rectified, alleging Apple … Continue reading “Elon Musk Threatens Lawsuit Against Apple Over Grok AI App Store Ranking and Antitrust Claims”
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Key Points • Michael Burry called Tesla “ridiculously overvalued” in a new post. • He said Tesla increases its share count by more than 3% each year without buybacks. • Burry says Elon Musk’s equity plan will add more shares when performance goals are met. • He did not disclose whether he currently holds Tesla … Continue reading “Michael Burry Criticizes Tesla Valuation and Musk Equity Plan – iShook Finance”
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Key Highlights — Musk x Kamath Podcast Interest payments on U.S. debt exceed $850B yearly, now larger than defense spending. Automation lowers production expense and supports growth without higher consumer prices. Three years projected for AI systems to show measurable productivity impact. Most AI tools remain in early deployment, so productivity data has not shifted … Continue reading “Elon Musk Says AI and Robotics Could Reduce U.S. Debt Pressure – iShook Finance”
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Key Highlights of Tesla’s Optimus Robot Optimus is a human-shaped robot built by Tesla to perform lifting, carrying, and other physical work. Elon Musk says Optimus could one day help reduce poverty by taking over most manual labor. The robot stands about as tall as an adult person and walks on two legs like a … Continue reading “Elon Musk Says Tesla’s Optimus Could ‘Eliminate Poverty’ After Record $1 Trillion Pay Approval – iShook Finance”
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AUSTIN, Texas — Tesla shareholders have approved Elon Musk’s record-breaking compensation plan, a package that could reach nearly $1 trillion in stock awards if the automaker hits a series of steep performance targets. The vote represents one of the largest pay approvals in corporate history and reaffirms investor confidence in Musk’s leadership as Tesla seeks … Continue reading “Elon Musk Wins Shareholder Approval for $1 Trillion Tesla Pay Plan – iShook Finance”
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Tesla Chair Robyn Denholm has warned investors that Elon Musk could step away from Tesla if his proposed $1 trillion performance-based compensation plan is rejected at the upcoming shareholder meeting. In a letter sent Monday, Denholm said Musk’s leadership remains essential to Tesla’s growth and that the plan is designed to secure his long-term commitment … Continue reading “Elon Musk May Quit Tesla if $1 Trillion Pay Plan Fails – iShook Finance”