A bill would authorize an audit of a state deal allowing Tesla to lease a factory site near Buffalo for $1 a year, and would create a way for the state to claw back subsidies.
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A rumor Facebook users circulated in March and April 2025 claimed tech billionaire Elon Musk, an adviser to U.S. President Donald Trump, donated $800,000 to help storm victims repair their homes.
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The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Brad Lander, the comptroller, said Elon Musk’s actions on behalf of the Trump administration had hurt Tesla’s stock price.
New York City Comptroller Brad Lander has asked the city, which is a major Tesla shareholder, to sue Tesla and CEO Elon Musk over alleged breaches of fiduciary duties. Lander asked the New York City Law Department to pursue securities litigation against Tesla on behalf of the New York City pension systems, which owns 3 million shares in Tesla.
The case was brought by the Midwestern state's attorney general over payments Musk has offered to individuals who sign an election-related petition.
Billionaire Tesla CEO Elon Musk has drawn the ire of Democrats due to his role in the Trump administration‘s efforts to cut waste in the federal government, with some New York lawmakers targeting his company with a new piece of legislation.
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New York Magazine on MSNElon Musk Goes BustTrump’s billionaire aide was humiliated on Tuesday after spending lavishly to boost a conservative Wisconsin supreme-court candidate.
On March 20, Maryland federal judge Ellen Hollander imposed a temporary restraining order on DOGE to prevent it from obtaining Social Security Administration [SSA] information on millions of Americans. The case was taken by the Alliance for Retired Americans, the American Federation of Teachers and other representative groups.
Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.
Elon Musk's charity, the Musk Foundation, has failed to meet IRS mandates to stay as a non-profit for the third consecutive year.
Sources told The New York Times that the president doesn't intend to cut ties with Musk after the billionaire leaves the government.