Latest news with #MaxChafkin
Bloomberg
2 days ago
- Business
- Bloomberg
Live Q&A: Trump-Musk Feud Rattles Tesla and Washington
Max Chafkin Tom Maloney Thank you for joining us! The public breakup between the world's most powerful politician, Donald Trump, and the world's richest man, Elon Musk, is playing out in a manner befitting an era of hyperreality. What's will be the impact of the feud on Musk's wealth, Tesla, the Republican Party and other key players in Washington? Bloomberg's Edward Ludlow hosts a Live Q&A conversation with Max Chafkin, Tom Maloney and Laura Davison on June 6 at 1 p.m. EDT. Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team questions in real-time. This conversation will be recorded and be made available to listen and share.
Bloomberg
2 days ago
- Business
- Bloomberg
Musk's Torching of Trump Won't Help Tesla
The very public breakup of the White House best buddies created a lot of social media entertainment on Thursday. But there's a serious side to the fight, as Max Chafkin writes today about the fallout for the businesses at the center of it all. Plus: A supercharged Florida health-care hustle, and a troubling story about a vulnerability at the SEC. Help us improve Bloomberg newsletters: Take a quick survey to share your thoughts on your signup experience and what you'd like to see in the future. If this email was forwarded to you, click here to sign up.
Bloomberg
30-05-2025
- Business
- Bloomberg
Bloomberg Businessweek Daily: Musk's Long Goodbye
Watch Carol and Tim LIVE every day on YouTube: Elon Musk said he will continue to advise President Donald Trump even after stepping away from the Department of Government Efficiency effort he has spearheaded. 'I expect to remain a friend and an adviser, and hopefully, if there's anything the president wants me to do, I'm at the president's service,' Musk said alongside Trump during a press conference Friday at the White House. 'This is not the end of DOGE, but really the beginning.' The comments indicate that the chief executive officer of Tesla Inc. and SpaceX plans to remain in the president's orbit despite vows to pull back from Washington and prioritize his business empire. As the head of DOGE, Musk's efforts to slash spending and cut government jobs have drawn pushback from federal workers and Democratic lawmakers as well as a consumer backlash to his business interests. Musk's divided attention has rattled investors and Wall Street analysts who underestimated the damage being done to Tesla's brand around the world. As discontent grew over his focus, the billionaire vowed to pull back 'significantly' from his government work to devote more time to Tesla as it nears the critical launch of robotaxi service. Today's show features: Bloomberg Businessweek Senior Reporter Max Chafkin on Elon Musk's departure from his White House role Monica Duffy Toft, Professor of International Politics at Tufts University's Fletcher School of Law and Diplomacy, on geopolitical conflicts Tyler Rosenlicht, Portfolio Manager & Head of Natural Resource Equities at Cohen and Steers on alternative investment strategies
Bloomberg
30-05-2025
- Business
- Bloomberg
Trump, Musk Relationship Works for Both Sides: Max Chafkin
Bloomberg's Max Chafkin reacts to comments in the oval office from Elon Musk and President Trump as they wrap up Musk's tenure in Washington. (Source: Bloomberg)
Bloomberg
23-05-2025
- Business
- Bloomberg
Everybody's Business: Wrestling with Taxes (Podcast)
All the economy is a stage this week. The 'big, beautiful' tax bill passed the US House of Representatives in the wee hours of Thursday morning, and millions of college graduates got their diplomas and set off into the job market, competing with an ever-growing army of robot workers. In the second episode of Everybody's Business from Bloomberg Businessweek, hosts Stacey Vanek Smith and Max Chafkin dive into the Republican tax bill, the artificial intelligence job threat and the turning of (actual) lead into (actual) gold.
