Elon Musk

2025.08.01

07:43

Musk: No personal loans using Tesla stock currently

On July 31, local time, there were reports that Elon Musk used more than half of his Tesla shares as collateral for personal loans. In response, Musk said that he currently has no personal loans using Tesla shares.

07:26

Musk: Imagine and Valentine betas will be launched to Grok Heavy subscribers

On July 31st local time, Elon Musk posted that the beta versions of the video generator "Imagine" and the AI virtual boyfriend "Valentine" will soon be launched to Grok Heavy users.

06:43

After breaking with Trump, Musk donated tens of millions of dollars to the Republican camp

On July 31st local time, CCTV reporters learned that Elon Musk donated $5 million each to two major Republican Super PACs on June 27th, becoming the largest individual donor in the first half of 2025. Musk also contributed over $45 million to the American Political Action Committee (PAC), which he founded. Despite his previous strained relationship with Trump and his stated intention to establish a third party, Musk has remained a strong supporter of the Republican camp ahead of the midterm elections.

2025.07.31

23:33

Is Musk going to break his promise? He hasn't registered with the American Party yet.

On July 5, renowned American entrepreneur Elon Musk announced the formation of a new political party, the "American Party." However, nearly a month after the announcement, Musk has yet to register the party. Axios News reported on July 30 that nearly a month after Musk pledged to form a political party, he still hadn't submitted any formal documents. Tesla investor James Fishback believes Musk used the announcement of the "American Party" as an outlet for his feelings after his break with Trump, but he has yet to submit registration documents or field a candidate, suggesting "no substantive progress at all."

15:53

Tesla CEO Elon Musk said that you can now take a Tesla ride-hailing car in the San Francisco Bay Area.

2025.07.28

19:27

The letter shows that U.S. Democratic Senator Hassan wants SpaceX CEO Elon Musk to prevent Southeast Asian financial fraud groups from using Starlink.

2025.07.17

22:00

The U.S. Securities and Exchange Commission (SEC) and Tesla (TSLA.O) CEO Elon Musk said the requested extension was reasonable and would help save legal resources.

22:00

The U.S. Securities and Exchange Commission (SEC) and Tesla (TSLA.O) CEO Elon Musk requested that the deadline for their reply or response to the SEC's lawsuit be postponed to August 29 from the original July 18.

2025.07.13

13:56

Trump says "no one cares" about Epstein case, Musk posts to urge progress

Recently, the way that U.S. Attorney General Pam Bondi handled the Epstein sexual assault case has sparked dissatisfaction among supporters of U.S. President Trump. On the 12th local time, Trump spoke out for Bondi on his social media platform, praising her for her excellent work and advising supporters not to be too obsessed with the case. American billionaire Elon Musk called on Trump online: Just release the documents.

2025.07.10

18:12

Elon Musk: Grok will be available in Tesla cars soon, by next week at the latest

Elon Musk: Grok will be available in Tesla cars very soon, by next week at the latest.

2025.07.07

18:44

Musk says US Treasury Secretary "doesn't understand math" and Bessant retorts "he's unpopular"

After being hinted by US Treasury Secretary Scott Bessant that he should focus on business rather than politics, US entrepreneur Elon Musk "blasted" him on the 6th for "not understanding math". Bessant was interviewed by CNN on the 6th, saying that Musk's announcement of the establishment of the "American Party" was "not liked" by the directors of Tesla and Space Exploration Technologies Corporation, which Musk heads, and they "will encourage him to focus on business rather than political activities". Bessant also said that the concept of the "Ministry of Government Efficiency" previously headed by Musk was "very popular", but "if you look at the polls, Elon is not popular."

08:12

Tesla's US stock price fell more than 7% in the night trading

Tesla's night trading plunged more than 7%. On the news front, on July 5 local time, American entrepreneur Elon Musk posted on the social media platform X that the "American Party" was established that day to give freedom back to the people.

07:42

Musk's focus for the next 12 months after establishing the "American Party": both houses of Congress

On July 6 local time, American entrepreneur Elon Musk posted on the social media platform that it is not impossible to support the presidential candidates, but the focus of the next 12 months will be on the House of Representatives and the Senate.

2025.07.06

22:03

U.S. Treasury Secretary Bessant: Elon Musk should focus on business, not politics.

21:58

US Treasury Secretary Benson: Elon Musk should focus on business, not politics

U.S. Treasury Secretary Bessant: Elon Musk should focus on business, not politics.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Novo Nordisk (NVO.N): The downward revision of its fiscal year sales forecast is related to declining sales of its weight loss drug Wegovy in the United States.
                            2025-07-29

                                    Toyota Motor Corp. is expected to decide as early as Wednesday evening whether to resume operations at its Japanese factories.
                            2025-07-30

                                    CATL's losses widened in the afternoon, with A shares falling more than 4% to below 280 yuan and H shares falling more than 7%.
                            2025-07-30

                                    BYD: Sales of new energy vehicles in July were 344,296 units. The cumulative sales of new energy vehicles from January to July were 2,490,250 units, a year-on-year increase of 27.35%.
                            2025-08-01

                                    Amazon (AMZN.O) shares plummeted 7.1 percent, wiping out $178 billion in market value.
                            2025-08-01