Tesla

The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.

Musk remains the richest person on Earth even after losing the equivalent of the 113th-wealthiest person’s entire fortune in one morning.

Netanyahu is speaking to Congress about Israel’s war with Hamas.

Musk said the decision was made because of a bill signed by California Gov. Gavin Newsom that prevents school districts from requiring employees to notify parents if a student wants to use different pronouns.

Musk is reportedly expected to donate to a new super PAC backed by his friends in the tech industry.

Tesla stock, viewed by analysts as a beneficiary of a Trump Administration, gained 5% in the first day of trading after its CEO Elon Musk endorsed Trump following the attempt on Trump’s life.

Tesla’s CEO said he would address the company’s challenges with child labor in its supply chain. But his high-tech solution doesn’t cut it.

Analysts remained optimistic for the electric vehicle maker, despite an expected decline in deliveries for the second-straight quarter.

Shareholders also voted to approve the electric vehicle maker’s redomestication from Delaware to Texas.

Ahead of a vote on his $50 billion stock award, Musk faces strident resistance from previously reliable sources who now question his commitment to the company.