Intentar ORO - Gratis
Elon could lose billions in spat with DJT
Manila Bulletin
|June 8, 2025
The world's richest man could lose billions in his fight with world's most powerful politician.
-
The feud between Elon Musk and Donald Trump could mean Tesla's plans for self-driving cars hit a roadblock, SpaceX flies fewer missions for NASA, Starlink gets fewer overseas satellite contracts, and the social media platform X loses advertisers.
Maybe, that is. It all depends on Trump's appetite for revenge and how the dispute unfolds.
Joked Telemetry Insight auto analyst Sam Abuelsamid, "Since Trump has no history of retaliating against perceived adversaries, he'll probably just let this pass."
Turning serious, he sees trouble ahead for Musk.
"For someone that rants so much about government pork, all of Elon's businesses are extremely dependent on government largesse, which makes him vulnerable."
Trump and the federal government also stand to lose from a long-running dispute, but not as much as Musk.
The dispute comes just a week before a planned test of Tesla's driverless taxis in Austin, Texas, a major event for the company because sales of its EVs are lagging in many markets, and Musk needs a win.
Esta historia es de la edición June 8, 2025 de Manila Bulletin.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Manila Bulletin
Manila Bulletin
Thousands march vs corruption in Manila, QC
Palace vows more arrests, 'big fish' to fall
6 mins
December 1, 2025
Manila Bulletin
Marcos, VP urge Filipinos to protect dignity, fight for justice
Emphasizing Gat Andres Bonifacio's courage, nationalism, and unwavering fight against injustice, President Marcos urged the nation to draw inspiration from him in protecting their dignity and embracing their duties.
5 mins
December 1, 2025
Manila Bulletin
Fire breaks out at Senate building; documents safe
Fire broke out in one of the offices of the Senate in Diokno Boulevard, Pasay City on Sunday, Nov. 30.
1 mins
December 1, 2025
Manila Bulletin
LTO starts crackdown on e-bikes, e-trikes on major roads
The Land Transportation Office (LTO) would rather face the anger of owners and e-bikes and e-trikes than compromise the safety of the majority of road users, the agency chief said, as he confirmed the start of a massive crackdown on unlicensed electric vehicles on major roads starting Monday, Dec. 1.
1 min
December 1, 2025
Manila Bulletin
Timberwolves escape Celtics
Anthony Edwards scored 39 points, including an unlikely 3-pointer that sealed the game, and the Minnesota Timberwolves held off the Boston Celtics 119-115 on Saturday, Nov. 29.
1 min
December 1, 2025
Manila Bulletin
QUBE Smart Lockers officially activated at San Lorenzo Place Mall, expanding Makati's smart city ecosystem
UBE Smart Technology Corp. marked a new milestone in its nationwide smart city initiative with the official activation of the QUBE Smart Locker at San Lorenzo Place Mall in Makati City on November 17, 2025. The launch represents QUBE's continued commitment to simplifying how Filipinos work, live, and play by integrating smart, secure, and user-centric technologies into everyday urban environments.
2 mins
December 1, 2025
Manila Bulletin
SEC reforms boost biz setup despite dip in new firm count
The Securities and Exchange Commission (SEC) reported 43,185 new corporate registrations as of the end of October, reflecting sustained entrepreneurial activity despite a slight dip from the previous year.
1 min
December 1, 2025
Manila Bulletin
LTFRB braces for more passengers in December
As more people start traveling to and from the provinces for the holidays, the Land Transportation Franchising and Regulatory Board (LTFRB) ordered all its regional offices to start preparing and implementing all the contingency measures to ensure passenger comfort and safety.
1 min
December 1, 2025
Manila Bulletin
Zaldy Co tells PBBM: Escudero pushed for ₱150-B insertion in 2025 budget
Former Ako Bicol Party-list Rep. Zaldy Co - in a letter to President Marcos that he recently shared to his Facebook followers - claimed that then-Senate President Francis \"Chiz\" Escudero aggressively pushed for the Senate's P150-billion insertion in the proposed 2025 national budget.
1 mins
December 1, 2025
Manila Bulletin
8 Cebu City officials charged in P200-M malversation case
Eleven persons, eight of them officials of the Cebu City government, have been charged with non-bailable offense of malversation of public funds involving P200 million paid to a garbage collector in 2021.
1 mins
December 1, 2025
Listen
Translate
Change font size

