Trump Says He’ll Buy a Tesla to Help Musk

US President Donald Trump said he’ll buy a new Tesla to support Elon Musk, after shares of the electric-car maker had their worst day in four years amid a growing backlash over Musk’s political allegiances. 

Musk, who spent more than $250 million to help elect Trump and other Republicans and is now the face of the president’s efforts to cut the size of the US government, responded with a simple “Thank you.” 

Barry Ritholtz, host of Bloomberg’s “Masters in Business” podcast, expresses his dismay that Tesla bull and Wedbush Securities analyst Dan Ives is only now calling for the Tesla CEO to “step up” and lead the EV giant instead of focusing on his work with the Trump administration and DOGE. Barry speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. (Source: Bloomberg)

Source link

Visited 1 times, 1 visit(s) today

Related Article

US envoy in Qatar to join talks on extending ceasefire

US envoy in Qatar to join talks on extending ceasefire

Yolande Knell Middle East correspondent BBC Markets in Khan Younis in southern Gaza are reporting some food shortages after Israel blocked deliveries 10 days ago The White House’s envoy, Steve Witkoff, is in Qatar to join indirect talks between Israel and Hamas on extending the fragile ceasefire in Gaza. This week, negotiators from both sides

Six things that could get more expensive for Americans under Trump tariffs

Six things that could get more expensive for Americans under Trump tariffs

Michael Race Business reporter, BBC News Watch: What is a tariff? The BBC’s Adam Fleming explains US President Donald Trump has imposed a range of tariffs – or import taxes – on billions of dollars worth of goods coming into the US from some of its top trading partners. The tariffs apply to steel and

Passengers describe 'doomsday scenes' after hijack

Passengers describe ‘doomsday scenes’ after hijack

EPA Passengers who made it to safety spoke of fear and panic on the train Passengers who were freed from a train seized by armed militants have spoken of “doomsday scenes” that unfolded on board the Jaffar Express in Pakistan’s Balochistan province. “We held our breath throughout the firing, not knowing what would happen next,”

Passengers describe 'doomsday scenes' after hijack

Passengers describe ‘doomsday scenes’ after hijack

EPA Passengers who made it to safety spoke of fear and panic on the train Passengers who were freed from a train seized by armed militants have spoken of “doomsday scenes” that unfolded on board the Jaffar Express in Pakistan’s Balochistan province. “We held our breath throughout the firing, not knowing what would happen next,”

Entire families killed during recent violence in Syria, UN says

Entire families killed during recent violence in Syria, UN says

Reuters Alawites fleeing the violence in Syria’s coastal region have been crossing the Nahr el-Kabir river to reach safety in Lebanon Entire families, including women and children, were killed during the recent violence in Syria’s coastal region, the UN human rights office says. A spokesman told reporters that the UN had so far verified the

Indian Americans worried over US ties under new administration, survey shows

Indian Americans worried over US ties under new administration, survey shows

AFP Donald Trump (right) and Narendra Modi met at the White House for talks in February Indian Americans are increasingly optimistic about India’s future, but hold deep concerns about US-India relations under a second Donald Trump administration, a new survey finds. The 2024 Indian-American Survey, conducted by the Carnegie Endowment for International Peace and YouGov

Ethiopians celebrate the new Borana chief Abaa Gadaa Guyo Boru Guyo

Ethiopians celebrate the new Borana chief Abaa Gadaa Guyo Boru Guyo

Amensisa Ifa BBC News, Arda Jila Badhasa Amensisa Ifa / BBC Thousands of people have been gathering in southern Ethiopia for one of the country’s biggest cultural events. The week-long Gada ceremony, which ended on Sunday, sees the official transfer of power from one customary ruler to his successor – something that happens every eight

Palestinian star 'proud and hurt' after Netflix hit

Palestinian star ‘proud and hurt’ after Netflix hit

Manish Pandey BBC Newsbeat Eddy Chen/Netflix The comedy covers a range of issues from food, identity, immigration, family and politics Reflecting back on the Netflix hit based on his own life, there are two things that come to mind for Palestinian comedian Mo Amer. Pride and hurt. “It’s very difficult to talk about without breaking

Could Kinshasa strike a minerals deal with the US?

Could Kinshasa strike a minerals deal with the US?

Getty Images Congolese soldiers – some seen here after being captured by the rebels in January – have fared poorly against the M23 The Democratic Republic of Congo appears to be turning to the US in its latest efforts to find an ally in its fight against advancing M23 rebels. Recognising that the White House

economist-logo

Which countries are most vulnerable to Donald Trump’s aid cuts? | World News

The Economist Mar 12, 2025 12:18 PM IST Some of the cuts are the subject of legal challenges, but the broad consequences are already emerging. To read more of The Economist’s data journalism visit our Graphic detail page. PREMIUM Which-countries-are-most-vulnerable-to-Donald-Trum THE NEW administration in America is determined to slash foreign-aid budgets. The cuts to health

Trump, Hater of EVs, Says He’s Buying a Tesla

Trump, Hater of EVs, Says He’s Buying a Tesla | World News

WASHINGTON—Joe Biden held himself out as the most climate-friendly president ever to hold office, but relished his gas-guzzling Corvette Stingray. President Trump wants to drill-baby-drill and, on Tuesday, was in the market for an electric vehicle. PREMIUM Trump, Hater of EVs, Says He’s Buying a Tesla Like everything else in Washington these days, the politics

Johns Hopkins Plans Staff Layoffs After $800 Million Grant Cuts

Johns Hopkins Plans Staff Layoffs After $800 Million Grant Cuts | World News

The Trump administration has terminated $800 million in grants to Johns Hopkins University, spurring the nation’s top spender on research and development to plan layoffs and cancel health projects, from breast-feeding support efforts in Baltimore to mosquito-net programs in Mozambique. PREMIUM Johns Hopkins Plans Staff Layoffs After $800 Million Grant Cuts The economy in Baltimore

Trade war escalates as Trump's 25% metal tariffs take effect

Trade war escalates as Trump’s 25% metal tariffs take effect

João da Silva Business reporter, BBC News Reuters The 25% duty on steel and aluminium imports is a major hit to some of the US’s top trading partners Tariffs imposed by US President Donald Trump on imports of steel and aluminium have taken effect in a move that will likely escalate tensions with some of

'Do whatever the hell you want': Iran President Masoud Pezeshkian rejects Donald Trump's 'unacceptable' nuclear proposal

‘Do whatever the hell you want’: Iran President Masoud Pezeshkian rejects Donald Trump’s ‘unacceptable’ nuclear proposal

File Photo: US President Donald Trump and Iran President Masoud Pezeshkian President Masoud Pezeshkian of Iran has refused to negotiate a nuclear deal with the United States, days after his US counterpart Donald Trumpsent a letter to Iran’s Supreme Leader Ayatollah Khamenei, expressing his willingness to negotiate a deal.In a strong remark, Pezeshkian said Iran

STAT+

Columbia scientists reel as Trump administration cancels grants

NEW YORK — Uma Reddy was sitting at her kitchen table Monday night, wrapping up patient notes, when the notice finally came: The $16.6 million grant she had used to build a maternal health center at Columbia University had been terminated. Reddy spent the next 18 hours calling and emailing dozens of collaborators and trainees

0
Would love your thoughts, please comment.x
()
x