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Elon Musk

Elon Musk certainly has a lot of ideas. Since making a fortune from PayPal in the original dotcom boom, he’s taken over Tesla, pushing forward production of electric cars, and founded SpaceX, the rocket company that now flies plenty of NASA payloads.

Two newer companies — the Boring Company, focused on digging holes for transit tunnels, and NeuraLink, which is developing brain-computer interfaces — also occupy his time. Then there’s the Hyperloop, the high-speed land travel design he’s encouraged others to develop. Somehow, this brash billionaire still has time to get himself into trouble on Twitter.

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Richard Lawler
X + xAI = $113 billion.

As Wall Street Journal reporter Meghan Bobrowsky highlights, the valuations used for Elon Musk’s all-stock combo platter of X companies were negotiated in an... interesting way.

The WSJ article also mentions “Executives at the companies, which share personnel, believe it will be easier to raise money for the combined businesses under xAI than it would be separately,” and that all shares of X and xAI will be exchanged for shares in a new company: xAI Holdings Corp.

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Richard Lawler
The toxic trouble with Tesla.

Is Tesla really cooked? Watch as The Verge transportation editor, Andrew Hawkins, walks us through how Elon Musk’s unprecedented takeover of the federal government has transformed public opinion of his car company into something increasingly toxic instead of futuristic, with some owners suddenly selling their cars even at a loss.

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Lauren Feiner
Elon Musk is set to participate in a Pentagon briefing.

The original plan, according to reports from The New York Times, Wall Street Journal, and Washington Post, was to discuss plans for a potential war with China, among other topics, raising questions about Musk’s ever-expanding role in the executive branch and potential conflicts with his business interests. President Donald Trump denied the reports, saying “China will not even be mentioned or discussed,” and Defense Secretary Pete Hegseth said it would cover “innovation, efficiencies & smarter production.”

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Richard Lawler
Elon Musk live streamed a surprise ‘all hands’ Tesla meeting tonight.

Tesla news lately includes a leader with a second or maybe seventh job in politics, protests, vandalism, a White House lawn advertisement, record high trade-in numbers, and a Cybertruck recall to fix glued-on trim pieces that can’t stay attached.

So, to beat the allegations that it might be cooked, tonight Musk and Tesla put on a hastily announced “all hands” meeting that was streamed publicly. Business Insider reports employees were only notified of the unusual event shortly before its scheduled start at 9:30PM ET. You can watch it here (Tesla says you should skip to 28 minutes in since it didn’t start on time, or try YouTube), but today’s Decoder episode on Tesla is probably better and shorter.

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Umar Shakir
It’s “a brand tornado crisis moment” for Tesla.

One of Tesla’s usually favorable Wall Street analysts, Dan Ives from Wedbush, published a note pleading with CEO Elon Musk to spend less time at DOGE. “Tesla and Musk are facing a defining chapter in their future and how Musk handles this next few months will be pivotal to the long term growth trajectory of Tesla in our view,” Ives wrote. Another thing Ives says Musk needs to do is prepare lower-cost vehicles for 2025.

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Mia Sato
Elon Musk’s daughter speaks out.

Vivian Jenna Wilson, Elon Musk’s estranged daughter, doesn’t mince words in a new Teen Vogue profile when asked about her biological father. Musk has pushed anti-trans talking points, like saying his transgender child was “killed by the woke mind virus.”

Teen Vogue: Do you ever feel scared? He’s the richest man in the world.

Wilson: He’s a pathetic man-child. Why would I feel scared of him? Ohhh, he has so much power. Nah, nah, nah. I don’t give a f**k. Why should I be scared of this man? Because he’s rich? Oh, no, I’m trembling. Ooh, shivering in my boots here. I don’t give a f**k how much money anyone has. I don’t. I really don’t. He owns Twitter. Okay. Congratulations.

How the Tesla brand turned so toxic

The Tesla Takedown movement is rallying against Elon Musk, and it’s only getting bigger.

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Richard Lawler
Meta, Elon Musk, and Delaware’s rush to rework corporate law.

Elon Musk has publicly railed against Delaware’s corporate law as its judges ruled against his wishes, moving the incorporation of Tesla and other companies out of state. Now, CNBC says a January WSJ report that Meta was considering moving its incorporation spurred immediate action from the governor on a new bill, SB 21, that might make its laws friendlier to folks like Musk and Mark Zuckerberg.

After skipping a typical review by the state’s bar association, it’s passed the state Senate and could be voted on by the state House as soon as Thursday.

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Dominic Preston
X bounces back to $44 billion.

Investors have reportedly valued the social media giant at the same amount Elon Musk purchased it for in 2022, a sharp jump after it was deemed worth less than $10 billion in September 2024.

Musk’s plum position in the White House might have something to do with X’s perceived change of fortunes, though that hasn’t helped Tesla, which is in the midst of a 50 percent stock slump since December. Bloomberg added to the report later, saying X raised “almost $1 billion in new equity funding” with participation from Musk.

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Lauren Feiner
Nearly 25,000 federal workers are being reinstated under a court order.

The Trump administration acknowledged in recent court filings that it had terminated nearly 25,000 workers across several agencies during its Department of Government Efficiency (DOGE)-fueled cuts. Those workers are now being reinstated under a judge’s instructions. But many of those workers are still on administrative leave, and officials warn that if an appeals court reverses the temporary restraining order, “employees could be subjected to multiple changes in their employment status in a matter of weeks.”

How Trump and Musk built their own reality

The presidents of the United States have gotten lost in the illusions they created.

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Tina Nguyen
Epic Games CEO smells a billionaire plot behind those anti-Tesla protests...

Tim Sweeney recently endorsed Elon Musk’s latest attempt to paint the nationwide protests as a leftist conspiracy — this time, one backed by billionaire progressive mega donors George Soros and Reid Hoffman. “Disgusting,” he wrote in response to Musk’s X post connecting the dots, then defended himself by citing his experience in the Apple lawsuit. (Not sure whether these are similar circumstances?)

A judge could save America’s financial watchdog

There’s been no change in plans to wind down the agency, a CFPB employee testified.

Lauren FeinerCommentsComment Icon Bubble
Is Tesla cooked?Is Tesla cooked?
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Richard Lawler
Trump hosts a Tesla ad at the White House.

Donald Trump livestreamed a Tesla showcase in the White House driveway on Tuesday, apparently reading the notes of a Tesla sales pitch as he performed choosing one of its EVs to purchase from five delivered for the event.

Standing alongside Elon Musk, Trump attempted to boost the automaker, after prices of its shares dropped 15 percent over the last five days, and said he’d label violence against its locations as domestic terrorism.

Elon Musk, chief executive officer of Tesla Inc., left, and US President Donald Trump in a Tesla Model S vehicle on the South Lawn of the White House in Washington, DC, US, on Tuesday, March 11, 2025.
Bloomberg via Getty Images
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Richard Lawler
“Cybertruck will be waterproof enough to serve briefly as a boat,” - Elon Musk.

Musk tweeted that in 2022, adding that it could “...cross rivers, lakes & even seas that aren’t too choppy.” Today Electrek highlights this incident that occurred Monday morning in Ventura, CA.

It’s unknown if the Cybertruck’s driver forgot to engage “wade mode” or made some other error while trying to launch a jet ski from the boat ramp, but KABC reports the vehicle was completely submerged by the time fire crews arrived. A Facebook post says it took about an hour and a half to recover the Cybertruck.

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Jess Weatherbed
Elon Musk blames X outages on ‘massive cyberattack.’

The platform has been going down intermittently since around 5:40AM ET on Monday, with no official ETA for when the outages will be resolved, and no details provided about what’s causing the issues. Musk made similar claims about cyberattacks impacting X’s services last year when Spaces crashed out during a scheduled conversation with Donald Trump, though X staffers at the time told The Verge that an attack hadn’t occurred.

A screenshot taken from X of Elon Musk blaming recent outages on an ongoing cyberattack.
At least things have been a little quieter today.
Image: X
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Lauren Feiner
A top CFPB official describes the aftermath of DOGE-fueled chaos at the agency.

I’ve been at the courthouse this morning as Adam Martinez, chief operating officer at the Consumer Financial Protection Bureau, is grilled about whether the agency is unlawfully trimming staff and ordering people to stop work. Martinez admitted staff members have been confused about what they’re allowed to work on, but he insists it’s improving. So far, Judge Amy Berman Jackson seems skeptical — we’ll be headed back after lunch for more.

E. Barrett Prettyman US District Courthouse in Washington, D.C.
The E. Barrett Prettyman US District Courthouse in Washington, D.C. on the afternoon of a CFPB official’s testimony.
Lauren Feiner | The Verge
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Wes Davis
DOGE’s GSAi chatbot expands to 1,500 federal workers.

Wired reports that following a 150-person pilot, General Services Administration employees are using the chatbot, which Elon Musk’s DOGE hopes to expand to the entire agency, for “general purposes.”

An internal memo seen by Wired instructs workers not to “type or paste federal nonpublic information,” and includes suggestions for “effective” prompts. One employee told the outlet GSAi is “about as good as an intern,” producing “generic and guessable answers.”

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Wes Davis
Tesla protests continue to escalate.

Six people were arrested Saturday after “several hundred protestors” blocked entrances to a Manhattan Tesla showroom, The New York Times reports. “Tesla Takedown” protests aim to hurt Elon Musk by targeting Tesla, which has seen sales dropping globally since Musk started directing deep cuts in the federal government.

The Times details violence beyond formal protests, including shots fired at a showroom Thursday night. Earlier that day, feds charged someone accused of “planting a Molotov cocktail near a vehicle.”