Tesla Delivery Estimates Cut at Oppenheimer Amid Key Market Weakness, Expected Removal of EV Credits
Tesla's (TSLA) deliveries in 2025 and 2026 will likely take a hit amid weakness in China and the Eur
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Yahoo
30 minutes ago
- Yahoo
JD Vance breaks his silence on Trump and Musk feud after seeing Elon's Epstein tweet during Theo Von interview
Vice President JD Vance's first reaction to Elon Musk's Trump-Epstein tweet was caught Thursday on Theo Von's podcast. On the 'This Past Weekend w/ Theo Von,' episode released Saturday, Von showed Vance one of the most viral tweets from the pair's feud, in which the Tesla CEO claimed, '@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public.' 'Ok, wow. I haven't even seen this one,' Vance said, explaining he was on a plane amid Musk and Trump's online exchanges. 'First of all, absolutely not. Donald Trump didn't do anything wrong with Jeffrey Epstein,' Vance said. 'Whatever the Democrats and the media says about him, that's totally BS.' The social media exchange came just a week after Musk left his DOGE role in the Trump Administration. Vance chalked Musk's online outbursts up to him 'being new to politics' and frustrations that his 'businesses are being attacked non-stop' since he joined the White House. In responding to a clip posted on X of Vance saying that he hoped the pair could become friends again, Musk tweeted: 'Cool.' Musk's departure followed a Wall Street Journal report citing insiders who claimed that even Trump was getting frustrated with Musk and was doubtful whether his goals within DOGE could be reached. Musk has since spoken out about his disapproval of the Trump-backed One Big Beautiful Bill Act, which includes various policy changes, including tax cuts, welfare reform, and infrastructure investments. 'Elon is entitled to his opinion,' Vance told Von on the podcast. 'I'm not saying he has to agree with the bill or agree with everything that I'm saying. I just think it's a huge mistake for the world's wealthiest man — I think one of the most transformational entrepreneurs ever — to be at war with the world's most powerful man, who I think is doing more to save the country than anybody in my lifetime.' Vance added, 'I just think you've got to have some respect for him and say, 'yeah, we don't have to agree on every issue.' But is this war actually in the interest of the country? I don't think so.' Despite Musk going 'so nuclear' online, Vance is hopeful that he can 'come back into the fold' within politics. 'I know the president was getting a little frustrated, feeling like some of the criticisms were unfair coming from Elon,' Vance said. 'But I think it has been very restrained, because the president doesn't think that he needs to be in a blood feud with Elon Musk. And I actually think that if Elon chilled out a little bit everything would be fine.'
Yahoo
an hour ago
- Yahoo
Andrew Yang reaches out to Musk to collaborate on new political party
Former Democratic presidential candidate Andrew Yang said he's reached out to Elon Musk in hopes of collaborating on the creation of a new political party, according to a Saturday interview with Politico Magazine. Yang, along with mutual friends, believes the Tesla CEO has what it takes to form a new faction that propels America's strongest leaders. When asked if Musk has responded to his inquiry, Yang told the outlet 'Not yet, but I assume he's been very busy.' 'We have been of the opinion that America needed a new political party for a number of years, and so waiting another 24 hours is nothing,' he added. Musk's push for a new political caucus emerged from his public feud with President Trump over the 'big, beautiful bill.' The tech giant strongly opposed the national debt increase after months of working with the Department of Government Efficiency (DOGE) to cut federal spending. Yang, the founder of 'The Forward Party,' said it's political outsiders like Musk who consider non-traditional approaches to the country's problems. 'I want to work with people that recognize that America's political system has gone from dysfunctional to polarizing to even worse. And at this point, the fastest growing political movement in the United States is independents,' Yang said. 'They feel like neither party represents them, and the two-party system is not delivering what they want to see,' he continued. Many people have recently left the Democratic party, including former White House press secretary Karine Jean-Pierre, who announced she became an independent after seeing political polarization throughout the campaign trail. 'If you look at Musk's politics over the last number of years, he waited in line to meet Barack Obama, he endorsed me in a Democratic cycle, and even earlier in this cycle — 2024 — he was looking for an alternative to Trump,' Yang said. 'There are a number of things that I think Elon shares in common with a lot of other folks I talk to who want to see some kind of middle ground or balance. The problem is: In our two-party system, you get whipsawed either one direction or the other,' he continued. Last year, Musk was a major donor for Republicans but has supported a wide array of candidates like Yang in the past. Now that he's severed ties with the GOP, political hopefuls have been looking to capitalize on the billionaire's powerful funding reserve for future campaigns. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
3 hours ago
- Yahoo
Trump-Musk latest: Musk deletes posts linking Trump to Epstein
The Brief The very public breakup of President Trump and Elon Musk continued Saturday. Trump said he believes their relationship is over, and threatened "serious consequences" if Musk funds Democrats in the 2026 midterm elections. Musk, meanwhile, deleted social media posts accusing Trump of being included in pedophile Jeffrey Epstein's files. President Donald Trump continued his threats against Elon Musk Saturday amid their ongoing public feud, warning Musk that he could face "serious consequences" if he funds Democrats in upcoming elections. Musk, meanwhile, appears to have deleted inflammatory posts on X accusing the government of keeping pedophile Jeffrey Epstein's files sealed because Trump was named in them. The president's latest comments suggest Musk, the world's richest man and once Trump's close ally, is now a new target for Trump, who's known for using the power of the presidency to punish critics and perceived enemies. What they're saying In a phone interview with NBC's Kristen Welker, Trump said he has no plans to make up with Musk. Asked specifically if he thought his relationship with the mega-billionaire CEO of Tesla and SpaceX is over, Trump responded, "I would assume so, yeah." RELATED: Trump-Musk feud: Here's a look at how things escalated "I'm too busy doing other things," Trump continued. "You know, I won an election in a landslide. I gave him a lot of breaks, long before this happened, I gave him breaks in my first administration, and saved his life in my first administration, I have no intention of speaking to him." The president also issued a warning amid chatter that Musk could back Democratic lawmakers and candidates in the 2026 midterm elections. "If he does, he'll have to pay the consequences for that," Trump told NBC, though he declined to share what those consequences would be. The backstory The dramatic rupture between the president and Musk began this week with Musk's public criticism of Trump's "big beautiful bill" pending on Capitol Hill. Musk has warned that the bill will increase the federal deficit and called it a "disgusting abomination." RELATED: Trump's budget bill will leave 10.9 million more uninsured, CBO says Trump criticized Musk in the Oval Office, and before long, he and Musk began trading bitterly personal attacks on social media, sending the White House and GOP congressional leaders scrambling to assess the fallout. Trump said Musk had developed "Trump derangement syndrome" and was only upset because the spending bill eliminates electric vehicle tax credits, which largely benefits Tesla. As the back-and-forth intensified, Musk suggested Trump should be impeached and claimed without evidence that the government was concealing information about the president's association with infamous pedophile Jeffrey Epstein. Those posts have since been deleted. Dig deeper As a major government contractor, Musk's businesses could be particularly vulnerable to retribution. Trump has already threatened to cut Musk's contracts, calling it an easy way to save money. By the numbers The public battle also sent Tesla shares plunging over 14% during the trading session Thursday, while the slide continued in after-hours trading when shares sank as much as 2.7%. Tesla's stock was down nearly 20% in five days as of Friday, and more than 24.9% year to date. The Source This report includes information from The Associated Press, NBC News and previous LiveNow from FOX reporting.
