“If anyone had any doubts whether the Trump government aims to serve regular people or the billionaires, they should now be resolved,” said one watchdog. President-elect Donald Trump announced Tuesday that Elon Musk—the world’s richest man, a megadonor to the Republican’s campaign, and a beneficiary of government contracts—will co-lead a not-yet-created department tasked with gutting federal regulations […]
Tesla’s stock price jumped by as much as 15% following the former president’s victory in the 2024 election. Donald Trump’s victory in the 2024 presidential election sent shares of Tesla surging as much as 15% Wednesday, propelled by CEO Elon Musk’s prominent role in the Republican’s White House campaign and expectations that the company will benefit from […]
“How do we know that Lina Khan has done an excellent job as FTC chair? Because billionaires and business leaders want her gone.” The world’s richest man on Thursday joined the billionaire chorus calling for the firing of Federal Trade Commission chair Lina Khan, a consumer and antitrust champion whose aggressive actions against corporate consolidation have made her a target of prominent executives and […]
“Running an illegal lottery and violating consumer protections is ample basis for an injunction,” reads the lawsuit filed by Philadelphia District Attorney Larry Krasner. Philadelphia District Attorney Larry Krasner filed a civil lawsuit Monday aimed at stopping billionaire Elon Musk’s million-dollar giveaway scheme, calling it an “indisputably” illegal lottery aimed at influencing the 2024 presidential election in […]