US EditionDemocrats bank on Musk as midterm election liability
- Elon Musk attended the Saudi-US Investment Forum on Tuesday, meeting business leaders and announcing deals with the Saudi government.
- Musk’s companies have benefited from close ties to President Trump, including government contracts and regulatory relaxations.
- Tesla launched in Saudi Arabia earlier this year, and Musk hinted at future expansion with Tesla robotaxis in the kingdom.
- European audits have uncovered that Musk’s companies, SpaceX and xAI, have been awarded a total of €270 million through contracts and funding from 2017 onwards, raising concerns about transparency and the EU’s growing reliance on his businesses.
- The controversies highlight challenges balancing innovation and competition while Musk’s political influence and company benefits appear likely to persist amid ongoing scrutiny.
52 Articles
52 Articles
E-mails from Elon Musk constitute a moral harassment of a former Twitter employee, slices the French justice system
The Paris Court of Appeal heavily sanctioned Twitter France for the treatment of an employee after the acquisition of the social network by the US billionaire in 2022.
East Bay Times
The Mercury newsAnother sign that Elon Musk’s businesses are benefiting big from his role as Donald Trump’s ‘first buddy’
Analysis by Hadas Gold, CNN Elon Musk may be taking a step back from his full-time gig at the Trump administration’s Department of Government Efficiency. But his companies are still benefiting from the unprecedented relationship between the world’s richest man and the sitting US president. That message was on full display in Saudi Arabia on Tuesday, where Musk was part of a program of meetings and conversations held with business leaders such as…
Democrats bank on Musk as midterm election liability
Elon Musk has become as much of a political liability as an asset for Republicans as his full-time role at the White House winds down and midterm chatter ramps up. While Musk brings with him loads of cash and online clout that could be tempting for GOP candidates on the campaign trail, strategists and Democratic…
Another sign that Elon Musk's businesses are benefiting from his role as Trump's "first friend."
Analysis by Hadas Gold, CNN Elon Musk may be stepping back from his full-time job at the Trump administration's Department of Government Efficiency (DOGE). However, his companies continue to benefit from the unprecedented relationship between the world's richest man and the sitting US president. That message was on full display in Saudi Arabia on Tuesday, where Musk was part of a program of meetings and conversations with business leaders—includ…
European Union faces heat over millions paid to Musk firms
The European Union reportedly handed hundreds of millions of euros to companies belonging to the world's richest man, Elon Musk. EU lawmakers sought information from the European Commission asking for details about its funding to Musk-linked businesses. The European Commission said it paid around $176 million to automaker Tesla to build charging stations for electric cars in 2023. Watch in for more details!
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