Tesla just had its roughest quarter in at least a decade, but some analysts and investors are still dreaming big. Elon Musk’s carmaker said on Wednesday that revenues plunged 12% year-over-year to $22.5 billion in the second quarter. Tesla’s stock fell as much as 9% in early trading on Thursday morning on the disappointing earnings,

Trump said the country did better when Musk’s companies did better.

He helped him get elected, got a cabinet post, donated $300 million, and even let his son attend White House dinners. Then came the breakup—and the tweet Musk later deleted: Donald Trump was in the Epstein files. And now we know—he was right. Pam Bondi privately told Trump in May that his name appeared in

Warren Buffett’s 1981 shareholder letter uses a fairy tale analogy to caution against overpaying for acquisitions, highlighting the importance of economic discipline over managerial optimism.

Good morning. Well, we’ve got a trade deal with Japan and a blueprint for a national AI policy (more on that below). In this topsy-turvy business environment, that’s something you can hang your hat on. But don’t keep your hat off too long. There’s plenty of potential surprises still working their way through the various

Donald Trump will heap further pressure on the chief of the Federal Reserve, Jerome Powell, on Thursday when the US president makes a visit to the central bank’s Washington offices. In an unusual move, the White House announced on Wednesday that Trump would visit the Fed at 4pm on the following day, without saying whether

Antonio Gracias, a high-ranking DOGE official who was simultaneously managing nearly $2 billion in assets for nine public pension funds, has left the government, his firm said, after a top union leader raised questions about the risks Gracias’ dual roles posed to the funds. Gracias is founder, chief executive and chief investment officer of Valor