July 7–8, 2025: The first trading day since Musk’s weekend announcement, Tesla shares tumbled, and Musk’s personal fortune dropped by as much as $15 billion, according to the Bloomberg Billionaires Index. As of July 9, it stands at $349 billion with Tesla shares broadly unchanged.

Billionaire Elon Musk indicated Tuesday that releasing files related to convicted sex trafficker Jeffrey Epstein will be a major goal for his third party. President Donald Trump and his administration confirmed Tuesday it had finished its investigation into Epstein,

By Joel Jose (Reuters) -Tesla shares fell nearly 7% in premarket trading on Monday after CEO Elon Musk's plans to launch a new U.S. political party reignited concerns about his commitment to the company's future as it struggles with declining sales.

The fallout between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam Altman.

Elon Musk has been disparaging President Donald Trump on his X platform and unfollowing a number of notable MAGA Republicans.