Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Musk could lose billions of dollars depending on how spat with Trump unfolds
NF Times
|June 08, 2025
(RNS, 07-06-25) 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. Tesla robotaxis: 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. Trump can mess things up for Tesla by encouraging federal safety regulators to step in at any sign of trouble for the robotaxis. Even before the war of words broke out on Thursday, the National Highway Transportation Safety Administration requested data on how Musk's driverless, autonomous taxis will perform in low-visibility conditions. That request follows an probe last year into 2.4 million Teslas equipped with full self-driving software after several accidents, including one that killed a pedestrian.
Cette histoire est tirée de l'édition June 08, 2025 de NF Times.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE NF Times
NF Times
Migrant truck drivers get temporary relief as California delays revoking 17,000 commercial driver's licenses
A week after immigrant groups filed a lawsuit, the California Department of Motor Vehicles has announced an extension for the cancellation of commercial driver's licenses for approximately 17,000 drivers.
2 mins
January 02, 2026
NF Times
India, Pakistan exchange list of nuclear installations
Continuing an over three-decade practice, India and Pakistan on Thursday exchanged a list of their nuclear installations under a bilateral pact that prohibits the two sides from attacking each other's atomic facilities.
1 min
January 02, 2026
NF Times
Excise duty on tobacco: Manufacturers to install CCTV, preserve footage for 24 months from Feb 1
Manufacturers of chewing tobacco, gutkha and similar products will have to install a functional CCTV system from February 1, covering all packing machines and preserve the footage for at least 24 months, according to a government notification.
2 mins
January 02, 2026
NF Times
Air India pilot taken off duty over suspected alcohol consumption
An Air India pilot was offloaded from the plane he was supposed to operate just before takeoff from Vancouver to Delhi due to suspected alcohol consumption.
1 min
January 02, 2026
NF Times
No headwinds, Modi politically steadier
As 2026 comes into view, Prime Minister Narendra Modi appears politically steadier.
2 mins
January 02, 2026
NF Times
BEST bus involved in accident was mechanically sound, 'human error' may have caused crash
A \"human error\" may have led to the horrific accident involving a bus of Mumbai's civic-run transport undertaking BEST as the more than 6-year-old vehicle appeared to be \"mechanically sound\", officials said on Tuesday.
1 mins
January 01, 2026
NF Times
BJP slams Mamata Banerjee for 'threatening' Amit Shah
The BJP on Wednesday slammed West Bengal Chief Minister Mamata Banerjee for allegedly threatening Union Home Minister Amit Shah, who is on a visit to the state, and alleged that she has been running a \"tanasahi\" (dictatorship).
1 min
January 01, 2026
NF Times
Four arrested for attempting to forcibly encroach 'karbala' land in UP's Pratapgarh
Police have arrested four people for allegedly attempting to forcibly encroach upon 'karbala' land in Ranjitpur Chilbila area here, officials said on Wednesday.
1 min
January 01, 2026
NF Times
Economists seek higher capex and alternative fertiliser subsidy models
Economists have asked the government to keep the momentum going for capex even as they highlighted the need for more fiscal consolidation in a pre-budget meeting with Prime Minister Narendra Modi on Tuesday.
1 mins
January 01, 2026
NF Times
Civic polls: Car chases, crematorium drama cap nomination chaos in Maharashtra
Maharashtra witnessed a wave of unrest across political parties, marked by dramatic scenes in Nashik and Nagpur, and growing dissent in Mumbai, Jalgaon, and other cities over ticket distribution for civic polls as nominations for the January 15 elections ended on Tuesday.
3 mins
January 01, 2026
Listen
Translate
Change font size