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Elon Musk

Yesterday

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.

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

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

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.

This Month

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.

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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.

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ASX wipes $32b; Tariffs to hit pharma; $1.3trn trade unwinds

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

Elon Musk, Donald Trump and Peter Navarro.

Musk calls Navarro ‘Peter Retarrdo’ as Trump tariff spat gets messy

The White House downplayed the disagreement, saying “boys will be boys” and that the administration “will let their public sparring continue”.

US President Donald Trump and China’s President Xi Jinping.

China vows to ‘fight to the end’ after Trump’s new tariff threat

China slammed the US for threatening to raise tariffs and pledged to retaliate if Washington follows through.

The questionable measure of intelligence has now been uncoupled from any test.

What is Elon Musk’s IQ?

The questionable measure of intelligence has now been uncoupled from any test and functions as a general-purpose human ranking system that implies invincibility, prosperity and virility.

Donald Trump leaves Air Force One on his way back to the White House to confront a panic week on Wall Street

Tariff maelstrom bears down on Dutton’s election hopes

Labor is as alarmed as any government as Donald Trump’s sharemarket carnage unfolds. But it also sees a political advantage.

Australia’s richest person Gina Rinehart.

Rinehart down $280m (and counting) in Trump market rout

Australia’s richest person made a massive $2 billion bet on the US stock market last year.

President Donald Trump arrives back at Joint Base Andrews.

Trump’s tariff ‘medicine’ injects fresh turmoil into global markets

The president says foreign governments will have to pay ‘a lot of money’ to lift sweeping tariffs.

President Donald Trump steps out of a red Model S Tesla vehicle on the South Lawn of the White House Tuesday, March 11, 2025, in Washington. (Pool via AP)

Six things to know before buying an EV

Prices are falling across the market, with Tesla models up to $20,000 cheaper than two years ago, and BYD making strong inroads.

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A demonstrator dressed as the Statue of Liberty takes part in the “Hands Off!” protests against President Donald Trump at the Washington Monument.

From New York to Alaska, thousands march against Trump, Musk

Protesters assailed the US President and his billionaire sidekick’s actions on downsizing, the economy, immigration and human rights.

US President Donald Trump went to his golf course in Florida on Friday as the financial markets collapsed after his new tariffs.

4 ways investors can play the tariff ‘Trumpastrophe’

Retail investors should do these four things as markets tank; from $4.90 Sharpies to $US1 million a head dinners, Donald Trump’s family made a mint last week; Elon Musk splits from Trump on tariffs. See how the day unfolded.

The White House was last week forced to hose down Politico and ABC reports that Donald Trump had told members of his cabinet that Elon Musk would soon depart and return to the private sector.

Musk splits with Trump on tariffs, wants US-EU free trade zone

The billionaire and presidential adviser told Italy’s League party that he’d like America and Europe to move “to a zero-tariff situation”.

Another African country in Trump’s crosshairs is Madagascar.

World’s poorest nations to crumble in Trump’s trade war

Madagascar, the “mountain kingdom” of Lesotho and Pacific island Nauru are on the list of countries hit with punishing US tariffs.

James Hardie chief executive Aaron Erter insists the deal ticks all the boxes.

ASX opens the door to the great James Hardie heist

Last week in broad daylight, the American pirates running James Hardie swept in and stole the company from its Australian shareholders. What did the ASX do?

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