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X @Cointelegraph
Cointelegraph· 2025-07-01 17:05
🇺🇸 LATEST: Trump has announced that DOGE will “take a look” at Elon Musk’s government subsidies and contracts. https://t.co/9QkAvrlNjd ...
X @aixbt
aixbt· 2025-07-01 15:38
circle earns minimum 5% on $61.6B in user deposits parked in treasuries. usdc holders get 0%.their ipo was 25x oversubscribed and stock is up 589% because 97% of their revenue comes from literally just parking your money in risk-free government bonds.even traditional banks give you something on savings accounts. @wizardofsoho nailed it: "circle gives you stables but doesn't give you any of the yield they get by taking your dollars"classic wall street move. let the crypto guys buy our bags and don't give the ...
X @The Economist
The Economist· 2025-07-01 13:00
Governments have long run deficits. What is happening today, however, is unprecedented. Here’s why https://t.co/oga8WK8a3WIllustration: Ricardo Tomás https://t.co/KGJ3ArRCZy ...
Tesla Nosedives In Premarket As Trump Suggests DOGE Should Probe Subsidies For Musk's Firms
Forbes· 2025-07-01 12:00
ToplineTesla shares fell more than 5% in premarket trading early Tuesday morning after President Donald Trump suggested government subsidies for Elon Musk’s companies—including Tesla—should be scrutinized by the Department of Government Efficiency, as the billionaire CEO attacked Trump’s signature spending bill and threatened to form a new political party.Tesla's shares fell more than 5% in premarket trading amid a reignited Trump and Musk feud.Getty ImagesKey FactsTesla’s stock price briefly dropped below ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-01 11:44
RT Tesla Owners Silicon Valley (@teslaownersSV)“People sometimes ask where would you start with government efficiency?It's kind of like being in a room where the entire room is targets, and so you can shoot in any direction and not miss.It's impossible to miss because every direction is a target” https://t.co/gAYzKX5t3B ...
X @Elon Musk
Elon Musk· 2025-07-01 11:02
💯The Rabbit Hole (@TheRabbitHole84):“The real tax on the American people is what government spends.”— Milton Friedmanhttps://t.co/OPUvi5ElXN ...
'Time for a new political party': Musk continues trashing GOP megabill, calls for new party
MSNBC· 2025-07-01 11:00
weeks after he said he will step back from politics to focus on his businesses, Elon Musk is back in the fray again, publicly bashing this Republican mega bill. In a social media post yesterday, Musk wrote, "It is obvious with the insane spending of this bill, which increases the debt ceiling by a record $5 trillion, that we live in a one party country, the Porky Pig Party." He writes, "Time for a new political party that actually cares about the people." Mus followed up with another post calling for the cr ...
Senate votes on amendments to Trump’s ‘big, beautiful bill’ stretch late into the night
CNBC Television· 2025-07-01 10:48
Meanwhile, the Senate working all night on President Trump's tax and spending bill, voting on dozens of amendments as GOP lawmakers race the clock to try to get things done by Independence Day at the end of this week. Emily Emily Wilkins uh is with us. I know.Have you been up all night. You know, Andrew, I I did get a couple hours of sleep, but but I have been up for a few hours now just reviewing everything because we actually did kind of expect that there could have been that final vote by now. Instead, w ...
X @Elon Musk
Elon Musk· 2025-07-01 10:44
RT Mario Nawfal (@MarioNawfal)ELON NEVER WANTED AN EV MANDATE OR SUBSIDIESElon’s opposition to the ‘One Big Beautiful Bill’ has never been about its removal of EV tax credits or the EV mandate, it’s simply about his passionate opposition to rising government debt.He knew at the time he endorsed Trump that the mandates would be going, and he’s said repeatedly in the past that the EV subsidy should end:“If you eliminated all EV incentives tomorrow, Tesla's competitive position would improve significantly.I'll ...
X @Bloomberg
Bloomberg· 2025-07-01 05:38
President Donald Trump lashed out at Elon Musk on Tuesday, accusing the Tesla and SpaceX chief executive officer of benefiting excessively from government electric vehicle subsidies https://t.co/etzdwvZvoE ...