Tesla removed from Vancouver International Auto Show due to safety concerns
Tesla removed from Vancouver International Auto Show due to safety concerns
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Uptick in Tesla vandalism amid DOGE backlash
Elon Musk's Teslas are being vandalized at a higher rate as he faces backlash for federal cuts and firings.
The Vancouver International Auto Show has booted Tesla out of this week's event following a swarm of attacks on the brand's electric vehicles.
The annual auto auction in Canada confirmed Tesla received multiple opportunities to voluntarily withdraw from the event due to safety concerns.
"The Vancouver Auto Show's primary concern is the safety of attendees, exhibitors, and staff. This decision will ensure all attendees can be solely focused on enjoying the many positive elements of the event," Executive Director Eric Nicholl said in a statement.
Every year, the organization welcomes major manufacturers and dealers like Toyota, Ford and Chevrolet. The event kicked off Wednesday at the Vancouver Convention Centre and will continue through Sunday.
Outrage toward Tesla CEO Elon Musk's efforts with President Donald Trump and the Department of Government Efficiency has led to destruction to dealerships nationwide as part of so-called "Tesla Takedown" protests. In Fort Lauderdale, Florida, 34 new Cybertrucks were damaged at an area parking lot while tagged with the message '(expletive) Elon,' local station WPLG reported.
USA TODAY has reached out to Tesla for comment.
Trump, Musk call attacks on Tesla 'domestic terrorism'
Trump and Musk have both referred to the recent attacks on Tesla property as domestic terrorism, with the president saying at the White House last week that he's "going to stop them … because they're harming a great American company."
U.S. Attorney General Pam Bondi echoed those sentiments, adding that the Department of Justice has already charged several people and is carrying out cases with five-year mandatory minimum sentences.
'We will continue investigations that impose severe consequences on those involved in these attacks, including those operating behind the scenes to coordinate and fund these crimes,' the Bondi said.
A website called "Dogequest" is no longer available Wednesday after allegedly publishing the personal information of Tesla owners nationwide in an apparent attempt to shame and intimidate them, according to reporting by the Asbury Park Press, part of the USA TODAY Network.
"Encouraging destruction of Teslas throughout the country is extreme domestic terrorism!!" Musk posted on X Tuesday.
Contributing: Jonathan Limehouse, USA TODAY, Juan Carlos Castillo, Asbury Park Press
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The token rebounded on the heels of a better-than-expected jobs report and signs of a cooldown in the war of words between President Trump and Tesla (TSLA) CEO Elon Musk. Bitcoin rebounded after falling to around $101,000 on Thursday as a public feud unraveled. Meanwhile, Circle (CRCL) stock also surged more than 35% a day after the stablecoin issuer made its public debut. The stock's surge comes amid crypto's favorable treatment by the Trump administration and corporations. Lululemon (LULU) Lululemon stock fell more than 20% in midday trading on Friday after the activewear company warned profits would take a hit amid what it called a "dynamic macro-environment." Lululemon cut its full-year earnings per share outlook to a range of $14.58-$14.78 from $14.95-$15.15. Tesla (TSLA) Shares of the EV maker rebounded as much as 6% midday Friday as CEO Elon Musk and President Trump stopped posting insults at each other on social media, a sign of a deescalation of their public feud, which wiped out $150 billion in value from the EV maker during the prior session. DocuSign (DOCU) DocuSign shares sank 18% after the electronic signing software firm lowered its full-year billings guidance and announced a $1 billion share repurchase program. Broadcom (AVGO) shares slumped more than 3%, underperforming the broader chip market on Friday after the semiconductor giant's forecast failed to wow Wall Street. The company beat second quarter earnings estimates, but disappointed on outlook, despite a 46% revenue increase from last year. Meanwhile, the rest of the chip space gained on Friday as stocks rallied on the heels of a May jobs report which beat expectations, and signs of a cooldown in the feud between President Trump and Tesla CEO Elon Musk. 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Jonas and his team wrote "we believe the challenges facing Tesla's current business are widely reported and well known, while the opportunities in the future business are potentially greatly underestimated." On Friday the stock jumped as much as % after the public feud between Musk and Trump prompted a washout in the prior session, erasing more than $150 billion in value from the EV maker. Microsoft (MSFT) opened at a fresh record on Friday, surpassing AI chip giant Nvidia (NVDA) as the largest company in the world. The software giant gained nearly 1% in morning trading, hitting a new all-time high above $470. Its market cap stood at more than $3.5 trillion, more than Nvidia's $3.46 trillion valuation. Microsoft is up 12% year to date versus Nvidia's roughly 6% gain during the same period. The company has fully recovered from its early April lows following President Trump's unveiling of a reciprocal tariff policy and its subsequent rollback. Circle (CRCL) stock continues to climb. Shares of the stablecoin issuer rose 22% in early trade Friday, building on the meteoric 168% gains in its first day of trading that saw the stock halted multiple times for volatility. Its market debut comes as crypto has received favorable treatment by the Trump administration and corporations. Circle is currently trading at over $100 per share. It was priced at $31 ahead of its IPO. Yahoo Finance's Laura Bratton reports: Read more here. President Trump again urged the Federal Reserve to cut rates on Friday morning. In a social media post, the president criticized the central bank for being "too late," saying policymakers should go for a full point cut. Trump wrote: "'Too late' at the Fed is a disaster! Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel!" The president has repeatedly criticized the Federal Reserve and its chairman, Jerome Powell, for not cutting rates this year the way European policymakers have. The S&P 500 (^GSPC) briefly touched the 6,000 mark on Friday shortly after the market open, its highest level since February. Stocks have roared back roughly 20%, or more than 1,000 points, from their April lows after President Trump's "Liberation Day" tariff policy reveal. The president has since rolled back the broad-based reciprocal tariff plan he unveiled on April 2, announcing a 90-day pause on many countries, a framework deal with the UK, and a temporary trade truce with China. The broad-based index came close to touching the 6,000 level on Thursday after President Trump said he had a "very good phone call" with his Chinese counterpart, Xi Jinping, about trade. However, the S&P 500 retreated by the afternoon following a very public feud between Trump and Tesla (TSLA) CEO Elon Musk. By Friday morning, the war of words showed signs of cooling. However, a White House official told Reuters there was no planned phone call between Trump and Musk. US stocks opened higher with the S&P 500 eyeing the 6,000 level after the release of a moderate beat on the monthly jobs report and signs of a potential cooldown between President Trump and Elon Musk. The Dow Jones Industrial Average (^DJI) rallied more than 300 points, or 0.9%, while the S&P 500 (^GSPC) added about 1%. The tech-heavy Nasdaq Composite (^IXIC) also gained 1%. Tesla (TSLA) shares rose 6% amid signs of a cooldown between CEO Musk and President Trump after a very public clash on social media. The May jobs report came in better than expected, with unemployment holding steady at 4.2%. Yahoo Finance's Josh Schafer reports: Read more here. Circle (CRCL) stock continued to gain in premarket trading Friday after an explosive debut on the public markets Thursday. Shares of the stablecoin issuer rose 14% to trade around $94 as of 8:00 a.m. ET Friday. On Thursday, the stock soared 168% from its IPO price of $31, closing the session with a market capitalization north of $16 billion. Circle is the second-largest stablecoin issuer in the market and issues the stablecoin USDC (USDC-USD), which is backed by the dollar. There is $60 billion worth of USDC in circulation, while the largest stablecoin issuer, Tether (USDT-USD), has closer to $150 billion in circulation. Its market debut comes as multiple tailwinds have boosted the crypto market in recent months. Bitcoin (BTC-USD) breached the $100,000 level in early May and is currently trading around $103,800 per token. Read more about Circle's IPO here. Earnings: No notable earnings releases. Economic data: Nonfarm payrolls (May) Unemployment rate (May); Average hourly earnings (May); Average weekly hours worked (May); Labor force participation rate (May) Here are some of the biggest stories you may have missed overnight and early this morning: All eyes on May jobs report for signs of further cracks Musk offers olive branch to Trump after bitter feud erupts Why investors are already skipping ahead to July's jobs report Tesla stock rises as investors cheer Musk-Trump peace call Gold's cheaper precious metals peers surge to multi-year highs BofA's Hartnett: Global stocks are close to triggering 'sell' signal Xi bets taking Trump's call will lead to wins on chips, tariffs Lululemon said its profits will take a hit as uncertainty around tariffs deters shoppers, prompting the yogawear retailer to lower its 2025 forecast. Shares sank over 20% in pre-market trading in the wake of Lululemon's earnings report late Thursday. Yahoo Finance's Brooke DiPalma reports: Read more here. Here are some top stocks trending on Yahoo Finance in premarket trading: Broadcom (AVGO) stock fell 3% in premarket trading on Friday, after the tech company, which makes semiconductors, failed to impress Wall Street with it's third-quarter revenue forecast. Despite investors being bullish on chip stocks amid the artificial intelligence boom, the results failed to excite. "High expectations drove a bit of downside," Bernstein analyst Stacy Rasgon said in a note. Tesla (TSLA) stock rebounded on Friday and rose 4% in premarket trading after closing 14% down the day before. The war of words between CEO Elon Musk and President Trump cooled amid a report that White House officials were organising a call between the two leaders. lululemon athletica inc. (LULU) shares plunged 20% on Friday before the bell after the sports company warned profits would be hit amid what it called a "dynamic macro-environment." DocuSign (DOCU) stock fell 18% in premarket trading on Friday after reporting a rise in its profit and revenue, however, the company now expects to bring in less money from company contracts. Tesla (TSLA) shares rose before the bell, setting up for a comeback from tanking 14% on Thursday as the public spat between its CEO Elon Musk and President Trump became increasingly heated. Investors are taking some comfort from White House aides scheduling a call between Musk and Trump to broker peace, as the Tesla boss signals he's open to moves to cool the situation. Reuters reports: Read more here. Sign in to access your portfolio
New York Post
23 minutes ago
- New York Post
White House staffer went on a revenge tour against Elon Musk, fanning flames with Trump — while bragging about Tesla stock drop
WASHINGTON — A top White House aide is taking the blame for helping trigger President Trump's fiery clash with Elon Musk — after speaking for months about giving the billionaire 'payback' and even gloating to colleagues when Tesla's stock price dropped, The Post has learned. Sergio Gor, Trump's director of presidential personnel, was instrumental in the president's decision late Saturday to yank the nomination of Musk's personal friend Jared Isaacman to be NASA administrator, turning a contained disagreement on legislation into a firestorm of insults, four sources inside or close to the White House tell The Post. 5 Sergio Gor, director of the White House presidential personnel office, during a Kennedy Center Board dinner with US President Donald Trump in Washington, DC, on Monday, May 19, 2025. Bloomberg via Getty Images Isaacman's donations to Democrats — including $100,000 in 2021 to a PAC linked to Senate Minority Leader Chuck Schumer (D-NY) — would disqualify most nominees under Gor's standard vetting process. But Isaacman wasn't pulled by Trump until hours after Musk left his unpaid White House role, at Gor's urging. Musk was Trump's top financial backer in the 2024 election and this week's clash has put the president's legislative agenda at risk — and even threatens long-term political damage after Musk endorsed Trump's potential impeachment. Musk and Gor disliked each other since before Trump reclaimed power on Jan. 20 — with the Tesla and SpaceX CEO describing Gor as 'sleazy' during the transition and questioning his staffing picks. But the world's richest man had the president's ear and friendship through last week. 5 Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Getty Images Simmering behind the scenes was a grudge nursed by Gor over a March 6 cabinet meeting, during which Musk 'humiliated' him by slamming the pace of staffing the administration, said the four sources, each of whom have interacted closely with Gor. 'He was bragging to other people that he was going to get one last shot at Elon out the door. He was going to get Elon back for making him look bad,' said one source. 'Elon was always telling the president 'Sergio's not moving fast enough to hire people. He's not the right guy for the job.' In front of the entire cabinet he said that. It's not just humiliating, but the president starts looking at him like, 'Why aren't you doing your f—ing job?'' Another said: 'Sergio was upset about Elon dressing him down at the meeting and said he was going to 'get him'. [Isaacman's nomination being pulled] was the modern-day equivalent of the assassination of Franz Ferdinand. Sure, Sergio got a scalp, but what did POTUS get?' Three sources say Gor's intensely personal dislike of Musk was illustrated by his periodic celebrations when Tesla's stock cratered. One source said that they were present when Gor laughed with satisfaction while showing off the dips in Musk's wealth. 'He'd go around showing Tesla stock prices going down and laugh about it, like he was responsible for taking the Tesla stock down,' one White House source revealed. The other said they heard from Gor repeatedly when Tesla stock tumbled. 5 White House Senior Advisor to the President and Tesla and SpaceX CEO Elon Musk departs the U.S. Capitol Building on March 5, 2025 in Washington, DC. Getty Images 5 President Donald Trump and Elon Musk attend a press conference in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025 REUTERS Gor denied to The Post that he ever sought revenge against Musk and insisted that claims he openly rejoiced at Tesla stock falling were false. Steve Bannon, a Gor supporter, told The Post that he believes that the breakdown had nothing to do with the relatively obscure White House aide — citing months of disagreements, including Musk's dislike of Trump's tariffs, Trump's cancelation of a planned Pentagon briefing for Musk about China and the president not acting to extend Musk's 130-day tenure as a special government employee. 'It's the president and Elon. This has nothing to do with Sergio Gor. Sergio Gor is a staffer that the president has to do things,' Bannon argued. 'Did Elon have a problem with Sergio? Yes, the fact that we are not hiring enough — guess what? — liberal f–king progressive Democrats.' Bannon, who has pushing for Musk to be deported despite him being a naturalized American citizen since 2002, added claims that Gor was at the root of the clash were 'absolutely ludicrous' 'This is all about the behavior … the incompetence, the lack of performance, the drugs which President Trump is very upset about, all of it, of Elon Musk,' Bannon said. Although the White House was rife with tension for months with Musk and Gor 'hating each other,' the bad feeling never spiraled out of hand until Thursday, when Trump and Musk went at each other with personal attacks. Although Musk's criticisms of the 'Big, Beautiful Bill' gained significant attention, the president was chummy with the tech mogul on his last day in government May 30 — despite clips circulating for three days of the billionaire telling 'CBS Sunday Morning' that 'I think a bill can be big or it can be beautiful but I don't know if it can be both.' As part of the send-off, Trump and Musk praised each other in the Oval Office, with the latter receiving an ornate key to the White House. Only after Isaacman's nomination was pulled Saturday night did the tit-for-tat build, with Musk calling the bill a 'disgusting abomination' Tuesday. The fight erupted further Thursday as Trump contended he would have won the election even without Musk's help and the businessman firing back that the Jeffrey Epstein files contain information on the president. 'The NASA guy was the straw that broke the camel's back,' one White House source said, arguing that Gor wanted 'to bury the knife in [Musk's] back.' 5 Elon Musk embraces Republican presidential nominee, former President Donald Trump during a campaign rally at the Butler Farm Show fairgrounds on October 05, 2024 in Butler, Pennsylvania. Getty Images Musk is not the only White House figure to cross Gor, according to this source, who added that the personnel boss helped far-right activist Laura Loomer gain a meeting with Trump in the Oval Office, after which six National Security Council officials were fired — while national security adviser Mike Waltz was moved out to become ambassador to the United Nations. 'There's just one staffer that's in the middle of every drama, leak and chaos that exists. It's been a detriment to the president and the organization,' they said. 'We've bounced basically two billionaires from the party and from the movement, because Sergio doesn't like them. And what does that do for anyone, or the cause?' White House Communications Director Steven Cheung called Gor 'a vital member of the team and he has helped President Trump put together an administration that is second to none.' But one source close to the White House said that illumination of the roots of the Trump-Musk feud could help prevent potentially devastating political consequences for Republicans. 'I think it will help,' the insider said. 'If Elon understands that this was not the president that was going after him and that the president was played by Sergio, I think Elon might look at it as an opportunity to say, 'Ok, let's put this s— to bed. And this guy thinks he's going to get me? I'm going to get him.''
