
Why Mark Cuban chose cheaper Kia EV6 over Elon Musk's Tesla electric car
Mark Cuban criticises Elon Musk
Live Events
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
Billionaire investor Mark Cuban expressed his dislike for Tesla's design elements. During his appearance on "Your Mom's House" podcast in March, when questioned about his preferred vehicle, Cuban, a Tesla owner, surprisingly answered "A Kia. EV6." He additionally stated "I like it. I'm comfortable with it."Whilst still retaining his Tesla ownership, Cuban elaborated: "On the Tesla you've got to find [the turn signal] and push the button… while you're driving. You can't pay attention to the road as much."Speaking favourably about Kia, he remarked: "It doesn't try to be too fancy. Your turn signal is like… a turn signal".Although Cuban is content driving a less expensive Kia EV6, his 15-year-old son disapproves. When Cuban proposed passing down the vehicle for driving practice, his son immediately refused, stating, "It's not cool, Dad." He labelled it a "nerd car." Cuban's reply? "Exactly," he said, accepting the description.Cuban frequently critiques Elon Musk. In an appearance on the "Club Shay Shay" podcast this year, he acknowledged enjoying provoking Musk because he has "really thin skin and it just makes it easy."In a separate discussion this year, Cuban stated "I have no problem throwing Elon under the bus, but I'll save it for when it's truly deserved."Last year, following Musk's request for users to share more constructive content on X, Cuban responded swiftly. "Please post a bit more positive, beautiful or informative content on this platform," the Tesla CEO wrote. Cuban replied "You first".Cuban recently shared a story from an evening at COMDEX, a significant technology exhibition in Las Vegas, where Microsoft co-founder Bill Gates overshadowed him. Cuban described speaking with several women who subsequently departed with Gates, who had recently taken Microsoft public and was becoming prominent in technology. Cuban humorously noted that Bill Gates attracted away "his girls."
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India Today
30 minutes ago
- India Today
Elon Musk hints at new political party amid feud with Donald Trump
The bromance between US President Donald Trump and the world's richest person, Elon Musk, is ending just as their relationship started — quickly, intensely, and out in the a very public fallout with President Donald Trump, Elon Musk has hinted that he may create a new political party. Their once-close alliance has quickly turned into a bitter Thursday, Musk posted a poll on X (formerly Twitter), asking users if it was time to form a new political party. "Is it time to create a new political party in America that actually represents the 80% in the middle?" Musk This is part of a flurry of social media posts in which the Tesla CEO openly criticised Trump's bill. One of Musk's most striking comments was, "Without me, Trump would have lost the election." He later added, "Such ingratitude."TRUMP RESPONDS WITH THREATS, CALLS MUSK DISLOYALDonald Trump didn't hold back. The president fired back through his Truth Social posts. He said he was "very disappointed" in Musk, who had once been a loyal supporter and even a White House took things a step further and threatened to cancel US government contracts and subsidies given to Musk's companies. "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts," Trump wrote. "I was always surprised that Biden didn't do it!"advertisementIn the Oval Office, Trump said, "I'll be honest, I think he missed the place," Trump said, suggesting that Musk regretted leaving the inner circle of CLOSE ALLIES TURNED ENEMIESMonths ago, Musk and Trump shared a close relationship. After Trump narrowly survived an assassination attempt at a Pennsylvania rally last July, Musk pledged support. He also formed a political action committee to back Trump's campaign and made public even stood behind Trump during his swearing-in and attended Cabinet meetings. He was often seen wearing MAGA hats and travelling with Trump aboard Air Force now, that camaraderie has turned to a fierce war of a recent Oval Office news conference, Musk officially parted ways with Trump. He appeared with a visible black eye, which he said was caused by his young son. Still, many viewed it as a metaphor for his messy time in government InTrending Reel


India Today
30 minutes ago
- India Today
Tesla shares fall as Trump-Musk rift sparks investor jitters
Cracks in the relationship between President Donald Trump and Tesla CEO Elon Musk, his self-proclaimed "First Buddy", are scaring Tesla shareholders as the two fired salvos at each other in increasingly heated rhetoric on fell nearly 9 per cent on Thursday on a day otherwise devoid of news for the electric automaker, as traders dumped the stock in heavy trading after Musk stepped up his criticism of the president's tax fired back, alleging Musk was upset because the bill takes away tax benefits for electric vehicle purchases, while investors feared their souring relationship could hurt Musk's sprawling business empire. "Look, Elon and I had a great relationship. I don't know if we will anymore," Trump said. "He said the most beautiful things about me. And he hasn't said bad about me personally. That'll be next. But I'm very disappointed."Musk, the world's richest man and a key figure in the Department of Government Efficiency's (DOGE) cost-cutting plan for several months, has blasted the bill, after he decided to spend less time in the White House and instead focus on his his social media platform X, Musk has called on Congress members to kill the legislation, calling it a "disgusting abomination".advertisement"It more than defeats all the cost savings achieved by the DOGE team at great personal cost and risk," Musk, the largest Republican donor in the 2024 election campaign, said on X on leadership of DOGE and his alignment with the Trump administration had put off some Tesla buyers. Sales of his EVs slumped in Europe, China and key US markets like California, even as overall electric vehicle purchases continue to has slowly started to separate himself from the White House in recent weeks, stung in part by the wave of protests against Tesla."Elon's politics continue to harm the stock. First he aligned himself with Trump which upset many potential Democratic buyers. Now he has turned on the Trump administration," said Tesla shareholder Dennis Dick, chief strategist at Stock Trader other businesses, SpaceX and Starlink, dominate their respective markets, but have also come under scrutiny due to Musk's relationship with two businesses often serve as the default choice for commercial launches and satellite internet deployment, and foreign governments have increasingly looked to Starlink, with regulatory approvals smoothed by Musk's shares are down 12 per cent since May 27, roughly coinciding with his decision to pull back from Washington activities. Losses accelerated on Thursday as 100 million shares changed hands, roughly the daily volume over the last 100 stock has been on a roller-coaster ever since Musk endorsed Trump in mid-July 2024 in his re-election bid, gaining 169% from that point through mid-December. That was followed by a 54 per cent slide through early April as a "Tesla Takedown" protest House of Representatives version of the budget bill proposes largely ending the popular USD 7,500 EV subsidy by the end of 2025. Tesla and other automakers have relied on incentives for years to drum up demand, but Trump promised during the transition to end the could face a USD 1.2 billion hit to its annual profit, along with an additional USD 2 billion setback to regulatory credit sales due to separate Senate legislation targeting California's EV sales mandates, according to JP Morgan analysts."The budget bill contains bad stuff for Tesla with the end of the EV credits, and just generally his falling out with Trump has risks for Tesla and Elon's other companies," said Jed Ellerbroek, portfolio manager at Argent Capital public attacks have upset potential Republican Tesla buyers as well, Dennis Dick said. One White House official on Wednesday called the Tesla CEO's moves "infuriating."advertisementThe billionaire joined Senate Republican deficit hawks this week to argue that the House bill does not go far enough in reducing Tesla shares are down 25% this year, including Thursday's losses. But the company is still the most valuable automaker worldwide by a long shot - carrying a market value of nearly USD 1 trillion, way above Toyota Motor's nearly USD 290 trades at 140.21 times profit estimates, a steep premium to other Big Tech stocks such as Watch
&w=3840&q=100)

Business Standard
33 minutes ago
- Business Standard
Not sure if good relationship with Elon Musk will continue: Donald Trump
In his first public acknowledgement of tensions with Elon Musk, US President Donald Trump said on Thursday that he's unsure whether their 'good relationship' will continue, following disagreements over a key tax bill and electric vehicle (EV) mandates. "I'm very disappointed with Elon. I've helped him a lot," Trump said. 'He knew the inner workings of the bill better than anybody sitting here. He had no problem with it—until he found out we're going to cut the EV mandate.' The remarks come days after Musk vocally opposed Trump's flagship tax legislation—dubbed the 'Big Beautiful Bill'—urging lawmakers via social media to reject what he described as a 'megabill' that would increase the national deficit and place a heavy debt burden on Americans. 'This bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it!' Musk posted on X. False, this bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it! — Elon Musk (@elonmusk) June 5, 2025 Musk's growing criticism Over the past week, the Tesla and SpaceX CEO has intensified his criticism, calling the legislation 'a disgusting abomination' and accusing the Trump administration of 'bankrupting America.' He also warned that the bill would worsen the federal deficit and impose 'crushing' debt on American taxpayers. Despite previously stating that he would step away from politics, Musk's recent activity on social media suggests a return to political activism—particularly when it comes to federal spending and EV policy. Behind-the-scenes friction Disagreements between Trump and Musk had been brewing behind the scenes, with sources noting tensions over the administration's tariff plans and federal agency cuts. Musk's vision for a leaner bureaucracy reportedly clashed with key figures inside the Trump administration. The rift widened after Musk stepped down from his role on the Department of Government Efficiency (DOGE) team last week, after spending 129 days advising on cost-cutting measures. White House holds firm Responding to the backlash, White House Press Secretary Karoline Leavitt said Trump remains committed to the legislation. 'The President already knows where Elon Musk stood on this bill,' she said. 'This is one, big, beautiful bill. And he's sticking to it.' The bill, which includes sweeping changes to taxation and spending, is expected to face a tight vote in the Senate later this month.