The Elon Musk Thread

[firestar464]

Judge blocks DOGE from accessing Social Security data of millions of people

https://www.politico.com/news/2025/03/2 ... e-00241204

[wjfox]

[wjfox]

[firestar464]

Elon Musk's Potential Margin Call - The Facts

https://seekingalpha.com/article/476945 ... -the-facts

TLDR we'd need to destroy Tesla for the margin call to actually happen

[firestar464]

US appeals court pauses order forcing Musk's DOGE to turn over documents

https://www.reuters.com/world/us/us-app ... 025-03-26/

[firestar464]

Elon Musk must face fraud lawsuit over disclosure of Twitter stake

https://www.msn.com/en-ca/money/topstor ... r-AA1BSegy

[weatheriscool]

Elon Musk may be getting out of DOGE.

On Thursday, Musk said he plans to step down from his role in the spring.

The head of Tesla and X owner said he plans on stepping away in May during a Fox News interview with six members of his Department of Government Efficiency (DOGE) team.

Musk said he was overseeing a “revolution” in government.

“I think we will have accomplished most of the work required to reduce the deficit by $1 trillion within that time frame,” Musk said.

Read more: https://www.yahoo.com/news/elon-musk-st ... 02029.html

[raklian]

Elon Musk may be getting out of DOGE.

On Thursday, Musk said he plans to step down from his role in the spring.

The head of Tesla and X owner said he plans on stepping away in May during a Fox News interview with six members of his Department of Government Efficiency (DOGE) team.

Musk said he was overseeing a “revolution” in government.

“I think we will have accomplished most of the work required to reduce the deficit by $1 trillion within that time frame,” Musk said.

Read more: https://www.yahoo.com/news/elon-musk-st ... 02029.html

Real data show the deficit is actually increasing. DOGE has not made a dent. It is entirely a performative act.

[firestar464]

[caltrek]

Musk Calls for More Free Trade
by Ben Berkowitz
Updated April 5, 2025

Introduction:

(Axios)Elon Musk blasted top Trump administration trade adviser Peter Navarro and told an Italian political gathering he wants more free trade, not less.

Why it matters: The two-day rout in the stock market this week, after Trump announced sweeping new tariffs backed by Navarro, cost Musk nearly $18 billion just on his Tesla stock.

• By wading into the tariff debate, a subject he's mostly stayed away from, Musk could inject more uncertainty into U.S. efforts to re-order the global economy.

Read more here: https://www.axios.com/2025/04/05/musk- ... o-tesla

[weatheriscool]

At the end of the day Elon has fucked himself and probably has ended any positive view in history he would have had otherwise.

[firestar464]

[firestar464]

[firestar464]

A whistleblower's disclosure details how DOGE may have taken sensitive labor data

https://www.npr.org/2025/04/15/nx-s1-53 ... x-security

[caltrek]

Tesla CEO Elon Musk Confirms Time Spent With DOGE Will Drop ‘Significantly’
by Joey Klender
April 22, 2025

Introduction:

(Teslarati) Tesla CEO Elon Musk confirmed today during the company’s Q1 2025 Earnings Call that his time allocation to the Department of Government Efficiency (DOGE) will drop “significantly,” as he will now turn more of his attention back to the automaker.

“I believe the right thing to do is to fight the waste and fraud and get the country back on track…I think it’s critical work,” Musk said on the call, before stating that his time allocation to DOGE would drop back considerably in May.

Musk said that just one or two days per week would be spent tending to government affairs. The remainder of his time will be dedicated to Tesla’s efforts, which, in the near term, include the launch of the Cybercab, a Robotaxi platform in Austin, and several affordable models that will be available in the first half of the year.

Musk clarified that he would likely remain on the DOGE team for the remainder of President Trump’s term, but he will be significantly less focused on the government, and more attention will be spent toward Tesla.

It’s a big sigh of relief for Tesla investors and analysts, as many, including Wedbush’s Dan Ives, said that a move needed to be made or the company could continue to feel the significant ramifications of Musk’s lack of attention.

Read more here: https://www.teslarati.com/tesla-ceo-el ... cantly/

[firestar464]

DOGE loses its biggest advocate as Musk exits Washington

https://www.msn.com/en-us/money/compani ... r-AA1DugyF

[firestar464]

[firestar464]

[caltrek]

Tesla Board Starts Process to Remove Elon Musk as CEO of the Company
by Jai Hamid
April 30, 2025

Introduction:

(MSN) The Tesla board has started the process of replacing Elon Musk as chief executive, after a month of internal pressure and public backlash over his continued absence from the company.

This happened as sales fell, profit collapsed, and investors lost patience with Elon’s obsession with the White House. Board members contacted many top recruiting firms to begin the official search for a new CEO, according to The Wall Street Journal.

Meetings were held behind the scenes. At one of them, directors told Elon he had to spend more time at Tesla, and that he should say so publicly. Elon didn’t argue. The company had just posted a 71% plunge in first-quarter profit.

Elon told shareholders on the earnings call, “Starting next month, I’ll be allocating far more of my time to Tesla.” Days later, President Donald Trump thanked Elon during a cabinet meeting. “You know you’re invited to stay as long as you want,” Trump said. “I guess he wants to get back home to his cars.”

Elon’s absence triggered leadership crisis inside Tesla

No one knows if Elon was aware of the CEO search or whether his promise to return to Tesla made a difference. But some board members already picked a search firm. Elon didn’t respond to questions. The company hasn’t shared anything publicly.

Read more here: https://www.msn.com/en-us/money/compan ... 8&ei=33

[firestar464]