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However, CEO Elon Musk prefers to blame a different culprit: Interest rates. Time and again, the Tesla chief has gone to great lengths to spell out the challenges that interest rates have ...
(Reuters) - Tesla CEO Elon Musk spent much of a call with analysts and investors on the electric car maker's earnings discussing what he sees as the risks from high interest rates, consumer ...
Musk has repeatedly described himself as "cash poor", [9] [10] and has "professed to have little interest in the material trappings of wealth". [9] In May 2020, he pledged to sell almost all physical possessions. [10] Musk has defended his wealth by saying he is accumulating resources for humanity's outward expansion to space. [11]
The number has a long history among marijuana devotees, and Musk famously said in 2018 that he had secured funding to take Tesla private at $420 per share. Tesla soared this year, up from less ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. Since January 2025, he is serving as Administrator of the Department of Government Efficiency (DOGE) , under the second Donald Trump presidential ...
Musk's companies, including Tesla and SpaceX, have faced stiff competition in China, where Musk has sought to develop his ventures. [ 45 ] The Taiwanese government began discussing the use of Starlink in the country in 2019, but discussions later faltered after SpaceX representatives pressured government officials to change a majority ownership ...
Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat. Shawn Tully.
‘America is going bankrupt’: Elon Musk issues a warning as interest on US debt was equal to 76% of income tax collected in June — and is expected to exceed $1.14 trillion this year