Trump is looking to set the record straight on his stance on Elon Musk's companies. The president said he wanted Elon's businesses to "thrive."

Tesla reportedly fired Omead Afshar, its head of North American and European operations, in June following a massive drop in European EV deliveries. Afshar, who joined Tesla in 2017, was just promoted to the position in November. The Wall Street Journal described Afshar as one of Musk's closest confidants at the company.

President Trump extended an olive branch to his friend-turned-critic Elon Musk, saying he has no intention to "destroy" his companies.

Shareholders envisioned a different outcome when Tesla stock surged more than 50% in the aftermath of the November 2024 election of President Donald Trump, then a close ally of Musk. Since a recent peak in December, the majority of those gains have been erased.

Tesla reported another quarter of reduced profits after Elon Musk’s stint in the Trump administration. The president’s tax bill creates new business challenges.

The Trump administration is reportedly looking for alternatives to Musk’s SpaceX as contractor for its Golden Dome missile defense system.

Donald Trump has denied he is to blame for Tesla's recent downturn, pushing back against suggestions that rolling back electric vehicle subsidies would harm Elon Musk's company. "Everyone is stating that I will destroy Elon's companies by taking away some,

On the earnings call, Musk warned Tesla "could have a few rough quarters" ahead as green energy tax credits disappear.

Tesla Inc. warned that provisions in President Donald Trump’s $3.4 trillion fiscal package will pose meaningful challenges for the EV maker in the next several months.

Tesla shares plummeted as CEO Elon Musk’s promises for robotaxis failed to excite investors following another disappointing earnings report.