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Elon Musk

Today

The capital demands and enthusiasm for AI have prompted a range of companies and investors to forge alliances to build some of the biggest data center campuses in the world.

Musk’s xAI joins Microsoft-BlackRock $47b AI fund

The Microsoft-backed group will be renamed the AI Infrastructure Partnership, or AIP, and focus on infrastructure investments.

Yesterday

Elon Musk and Donald Trump in a Tesla at the White House.

BYD cemented its lead over Tesla in 5 minutes

Elon Musk’s politicking damages his electric vehicle brand, but the underlying problem is its relatively old line-up of models, even as Chinese competitors change the game.

US President Donald Trump and Chief Justice of the Supreme Court John Roberts.

US chief justice scolds Trump over judges threat

Justice John Roberts issued a rare statement that described the president’s threat to impeach judges as not an appropriate response.

Investors had piled in to Tesla shares on hopes the stock would benefit from Elon Musk’s proximity to Donald Trump.

Short sellers book $25b profit from Tesla’s share price plunge

The recent profits mark a partial reversal of what has been a painful trade in recent years, with many hedge funds forced to give up on their negative bets as losses mounted.

This Month

Tesla chairman Robyn Denholm.

As Tesla tanks, Musk’s hand-picked Australian chair is doing just fine

Robyn Denholm has reaped $682 million in cash and stock, which is being criticised as the shares plunge and investors question her oversight of the famous CEO.

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Astronauts wave after the SpaceX capsule docked with the ISS. Butch Wilmore is bottom far left and Suni Williams is top right.

NASA’s stranded astronauts one step closer to home

A SpaceX capsule arrived at the International Space Station in a crew-swap mission that will allow a pair of stuck astronauts to return home after nine months.

Wall

How Trump shattered exuberance for the US economy

The predicted US slowdown is remarkable in that it is largely a self-inflicted wound driven by the administration’s own policies, rather than external shocks.

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Sell-off could worsen; Cannon-Brookes’ jet conflict; Myer’s big changes

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

Elon Musk

Musk’s cuts fail to stop record US spending

US federal government spending rose to $953 billion in February despite DOGE’s hyperactive efficiency drive, data shows.

President Donald Trump and Tesla CEO Elon Musk speak to reporters as they sit in a Tesla vehicle on the South Lawn of the White House on Tuesday.

A great unravelling is under way in the greatest country on earth

I am haunted by Abraham Lincoln’s warning that the only power that can destroy America is ourselves. If you aren’t worried by that prospect, you are not paying attention.

James Murdoch in 2023. He has been a Tesla director since 2018.

Tesla director James Murdoch dumps $21m stake in Musk carmaker

The estranged son of media magnate Rupert Murdoch has been on the board since 2017. Other insiders including chairman Robyn Denholm are also selling down.

Tesla owners, Kate Shannon and Matt Lymbury with their children Lola 13, and Beatrice 12.

‘We’re not embarrassed’: Tesla owners shrug off Musk stigma

There’s no need for a sticker saying ‘I Bought This Before Elon Went Crazy’ on a Tesla for these owners, who think the car is wonderful.

Alex Karp, chief executive of Palantir Technologies.

Palantir’s Alex Karp vaults to top of best-paid US tech executives

The data intelligence group’s chief cashed in on surging shares to make $3 billion, behind only Meta’s Mark Zuckerberg.

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ASX dives 1.6pc; Tariffs ‘entirely unjustified’; The threat worse than tariffs

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

The cost of keeping Elon Musk in the White House is growing.

The only question now is how Trump gets rid of Musk

Having given the billionaire more power than any private figure in US history, the president is watching his benefactor turn into an albatross.

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Donald Trump and Elon Musk speak to reporters with the red Model S Tesla at the White House.

Trump’s efforts to help Tesla could hurt it instead

Elon Musk has become the face of the US administration’s slash-and-burn government downsizing efforts, affecting the car company’s sales, share price and future funding options.

Trump and Musk speak to reporters as they sit in the Tesla Model S.

Trump buys a new Tesla on White House driveway to support Musk

The move came as the electric car company faces blowback due to the chief executive’s work to advance the president’s agenda and cut public service jobs.

President Donald Trump’s policy agenda, and the threat of a US recession, are now weighing on Treasurer Jim Chalmers’ federal budget.

Trump says he’ll buy a Tesla to support Musk after shares plunge

In a post just after midnight, Trump said he would buy a new Tesla “tomorrow morning” as a “show of confidence and support for Elon Musk, a truly great American”.

Elon Musk flashes his t-shirt that reads “DOGE” to the media as he walks on South Lawn of the White House, in Washington on Sunday (Monday AEDT).

Tesla tanks, X is hacked. Is Musk minding his own businesses?

Questions about the billionaire’s continuing oversight of his companies are coming to a head as he spends more time in Washington on DOGE.

Beach erosion at Surfers Paradise beach.

Battered beaches aside, Qld leader just gave his ‘best briefing’

David Crisafulli says it’s the best briefing the state has in a little while; squatters in flood-ravaged homes to be kicked out. How the day unfolded.

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