The Latest Breaking News from Tesla Inc.

Easing trade tensions between the US and China were not enough to push the ASX to a new record this week, with investors erring on the side of caution.

Musk had complained for weeks about Trump’s tax spending bill, but the feud has descended into an extraordinary exchange of insults. Key US politics stories from 5 June 2025

The recession comment came amid an ugly social media spat between the one-time friends.

Car company’s shares dropped by 14.2% and its billionaire CEO’s net worth reduced by $8.73bn

Later he seemed to backtrack, tweeting: ‘Ok, we won’t decommission Dragon’

President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.80%. June E-mini S&P futures (ESM25 ) are down -0.52%, and June E-mini Nasdaq futures...

Falling-out between former close allies explodes as Trump says Musk has gone ‘crazy’ and billionaire hits back accusing US President of ‘ingratitude’

Several major developments sparked losses in stock markets today.