Since it’s been making electric vehicles, Tesla Inc. has raked in almost $12 billion straight from the coffers of its competitors. If Donald Trump gets his way, that revenue stream won’t flow quite as quickly the next few years.
Tesla has made billions off electric cars its rivals aren't selling, but President Donald Trump's anti-EV policies put that revenue stream at risk.
Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.
Elon Musk supports Donald Trump and wasn't willing to talk positively or negatively of the president's EV policies during Tesla's Q4 earnings call.
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
Following reports that Musk has overstayed his welcome in the president’s inner circle, Trump asks the billionaire to “go get” two stranded astronauts.
President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.
Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose after the results' release.
Amidst political tensions, President Trump criticized the Biden administration for leaving astronauts Sunita Williams and Butch Wilmore aboard the ISS. Elon Musk has stepped in, stating SpaceX will bring them home,
Despite the statement from President Trump, NASA had already scheduled the astronauts' return for late March or April.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon Musk -- returned to the White House.