Lora Kolodny

1 week ago | cnbc.com | Lora Kolodny

Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBCShares of the Elon Musk-led automaker Tesla have rallied in May despite recent poor car sales numbers for the company in China and Europe, as the billionaire CEO promised to focus more on his businesses than politics. Tesla shares are on track for an increase of more than 20% for the month. The stock is still down about 12% for the year. Apple is down about 21% year-to-date, the worst of all the megacaps.

1 week ago | flipboard.com | Lora Kolodny

NowElon Musk leaves his post as head of the US Department of Government Efficiency amid clashes with the Trump administration over tax cuts. Billionaire and Tesla chief Elon Musk has stepped down from his role as head of the Department of Government Efficiency (DOGE), in which he was charged with …

1 week ago | cnbc.com | Lora Kolodny

The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty ImagesStarbase, Texas, has notified some residents that they might "lose the right to continue using" their property as they do today, according to a memo obtained by CNBC. The town, home to Elon Musk's SpaceX, is considering a new zoning ordinance and city-wide map.

1 week ago | lucianne.com | Lora Kolodny

Original ArticlePosted By: Dreadnought, 5/29/2025 1:05:44 AMWith his official stint in government coming to an end, Elon Musk thanked President Donald Trump on Wednesday for "the opportunity to reduce wasteful spending." Since joining the second Trump administration at the beginning of the term in January, Musk has led the Department of Government Efficiency, tasked with slashing the size of the federal government.

1 week ago | flipboard.com | Erin Doherty |Lora Kolodny |Kevin Breuninger

A federal court ruled Wednesday that President Donald Trump exceeded his authority with his reciprocal tariffs, dealing a blow to a major tenet of …