NewsBite

Elon Musk

Yesterday

Huawei shows off its energy storage systems at Shanghai’s Smart Energy Expo last year.

China and South Korea extend battery battle from EVs to grid storage

China has the upper hand on technologies and volume production, but the trade war means its main rival is better placed to exploit the US market.

This Month

xx

Wall St’s false signal; Anzac booing outrage; Musk’s reign unravels

Read everything that’s happened in the news so far today.

Trump’s trade war is applying enormous pressure on Elon Musk’s main source of wealth – Tesla.

Yelling matches, fudged figures. How Musk’s reign unravelled

The billionaire head of Donald Trump’s DOGE service clashed badly with cabinet officials well before he announced he would soon head back to Tesla.

Elon Musk flashes his “DOGE” T-shirt while at the White House.

Musk and Bessent ‘in wrestling-style row at White House’

Donald Trump watched the fracas between the Tesla boss and the US treasury secretary.

New York’s Chrysler Building is a beacon for the art deco movement.

Why art deco is back (and even Elon loves it)

Minimalist furniture is out, opulent interiors are in, as sales of home decor inspired by the French 20th century aesthetic soar worldwide.

Advertisement
Elon Musk’s close alliance with US President Donald Trump is hurting Tesla, he says he will spend less time at DOGE from May.

Musk to pull back from DOGE as Tesla profits plunge

The EV company has been facing increased scrutiny of its near-term growth prospects after deliveries tumbled 13 per cent in the first quarter.

Expat Sydneysider Max Marchione is attracting big name backers since relocating to San Francisco to build Superpower.

Meet the 24-year-old Australian behind a $300m US start-up

Max Marchione moved to San Francisco to start Superpower and capitalise on the US’ under-resourced healthcare sector.

Elon Musk appears more focused on politics than Tesla.

Musk should get the hell out of DOGE to help Tesla. He won’t

Tesla’s March-quarter earnings call provides the perfect chance for Elon Musk to stop the bleeding at Tesla. Don’t hold your breath.

Donald Trump said he “couldn’t care less” if automakers raised their prices.

The Trump billionaires who run the economy and the things they say

Democrats say the president and his friends are out of touch. Republicans counter that saying eventually, everyone will benefit from their policies.

Donald Trump’s recent moves on trade policy have spooked Wall Street.

Trump seeks to bring financial regulators under his sway

The effort would reflect a fundamental restructuring of how formerly independent agencies implement and enforce federal laws.

Anthony Albanese and Peter Dutton.

Albanese and Dutton dodge economic reality

Trump has warned his tariffs may cause temporary pain. Albanese and Dutton are not even trying to level with Australian voters about the cost of their spending.

Joe Biden: “In fewer than 100 days, this administration has done so much damage and so much devastation.”

‘Past his bedtime’: White House ridicules Biden as he breaks silence

The White House joked as the former president told disability advocates that cuts had left beneficiaries uncertain whether they would receive their payments.

Donald Trump with Tim Cook, Elon Musk and Jeff Bezos.

Tech bros left reeling in ‘dizzying’ Trump tariff back and forth

“Those donations they made to get Trump elected are being rewarded,” wrote one analyst after key electronics were exempted. Then the White House changed its mind.

Which crisis sent markets down 57 per cent? Take our weekly news quiz

Have you been paying attention this week? Test your knowledge across politics, business and world news.

xx

ASX sinks; Obesity is costing a fortune; Trump has no cunning plan

Read everything that’s happened in the news so far today.

Advertisement
US Treasury secretary Scott Bessent.

The man who got Trump to do a ‘liberation day’ U-turn

Scott Bessent, described by the president “as one of the most brilliant men on Wall Street” helped change Trump’s tariff stance. His next moves will be crucial.

A worker at a garment workshop at Tangbudong Village at night in Guangzhou.

China’s factories face disaster in Trump’s trade war

Thousands of small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now struggle to survive.

Donald Trump

‘Great time to buy’: Did Trump just manipulate the market?

Less than four hours before the president announced he was pausing tariffs, he posted online telling his 9.4 million followers that it was a good time to buy.

Donald Trump has paused tariffs on many countries in a stunning reversal of policy, but increased levies on China.

Here’s why Donald Trump buckled on tariffs

The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president.

Inside the attempted coup gripping New Zealand’s media

The dispute between the publisher of the NZ Herald and billionaire Jim Grenon – who wants to turf the board – is threatening to engulf Australian investors.

Original URL: https://www.afr.com/person/elon-musk-2w0