Tesla, Elon Musk and Grok
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Elon Musk said his AI chatbot Grok is coming to Tesla vehicles by next week, just days after the bot unleashed an antisemitic rant on his social media platform X. The announcement also came after Musk unveiled the latest iteration of the chatbot called Grok 4.
Tesla shares fell sharply in early trading Monday after CEO Elon Musk said he will launch a new political party.
New York City Comptroller Brad Lander told Fortune the announcement was a “welcome, if belated, recognition that the rule of law applies to everyone—even the world’s richest man and his company.”
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Tesla has scheduled an annual shareholder meeting for November, one day after it came under pressure from major shareholders to do so.
Though Trump and Musk are on the outs, workers with longstanding ties to the Tesla billionaire remain embedded in the government.
Copper and pharmaceuticals are getting hit with the tariff stick and the price is steep says President Trump who is promising more trade deals. Stocks remain volatile amid the uncertainty, but investors are piling into Nvidia lifting its market cap to new record.
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The Eurasian country came within striking distance of becoming Tesla's third largest global market for the month of June, but analysts question the sudden surge: 'Those numbers are weird.'
Shares of electric vehicle maker Tesla tumbled 8% in morning trading as the feud between CEO Elon Musk and Trump reignited over the weekend.