Revolut boss set for Elon Musk-style payday at $150bn valuation June 23, 2025 The chief executive of Revolut could be set for a multibillion-dollar payout if the fintech’s valuation passes the $150bn milestone, sparking comparisons to Elon Musk’s controversial Tesla package. Nik Storonsky, who founded Revolut in 2015, has an incentive deal which would increase his stake in the London-based fintech by several percentage points if the valuation [...]
Just how much trouble is Elon Musk causing Tesla? June 17, 2025 Tesla’s enigmatic chief executive, Elon Musk, gets a lot of flak, but if there’s one area you would think he’d be untouchable, it’s innovation. Beyond falling out with the US President and colonising Mars, Elon Musk’s next favourite pastime looks set to be robotaxis, with Tesla preparing to launch its first fleet in Austin, Texas, [...]
Elon Musk says his Trump attacks “went too far” June 11, 2025 Elon Musk said on Wednesday he regrets a series of social media posts attacking US President Donald Trump, suggesting a potential truce in what had become one of the most volatile public splats between two of the Republican party’s most powerful influencers. “I regret some of my posts about President Donald Trump last week. They [...]
Donald Trump and Elon Musk urged to end feud June 7, 2025 Republicans fearful about potential consequences of a prolonged feud between US President Donald Trump and Elon Musk are urging the pair to call a truce. At a minimum, the explosion of animosity between the two powerful men could complicate the path forward for Republicans’ massive tax and border spending legislation that has been promoted by [...]
In Musk v Trump, the markets will win June 6, 2025 City AM columnist Rainer Zitelmann has been predicting a rift between Musk and Trump ever since the two started working together. Now that this has happened, the French daily newspaper L’Express has spoken to him again. The interview was conducted by Thomas Mahler. “I never believed that the alliance between Elon Musk and Donald Trump would last,” [...]
Trump and Musk: Explosive row engulfs Washington June 5, 2025 The relationship between US President Donald Trump and billionaire Elon Musk has descended into threats, abuse and accusations. A disagreement over the merits of Trump’s tax and spending legislation has turned into a dramatic feud, with Trump saying he was “surprised” at Musk’s criticism of his “big, beautiful” bill. “Elon and I had a great [...]
Keep electric cars exempt from Congestion Charge, says Polestar boss June 3, 2025 Electric car users should not be forced to pay London’s congestion charge, even at a discount, the boss of Polestar has said. Transport for London (TfL) last week unveiled proposals to hike the Congestion Charge by a fifth last week, the first increase since 2029. The announcement was coupled with news that electric vehicle (EV) [...]
Musk Trump rift: Why did the Tesla chief walk away from the White House? June 2, 2025 Elon Musk has confirmed his departure from Donald Trump’s administration, formally stepping down from his high profile role leading the Department of Government Efficiency (DOGE) – a controversial experiment in federal downsizing that, true to its meme-inspired acronym, has dominated headlines and ignited deep political debate in Washington. The billionaire tech entrepreneur, who last year [...]
Tesla shares jump as Musk teases June robotaxi launch May 29, 2025 Tesla shares climbed two per cent in after-hours trading on Wednesday after reports emerged that the EV giant is preparing to launch its long-anticipated robotaxi service as early as 12th June. The bounce helped reverse earlier losses driven by disappointing new vehicle registration figures across Europe. The sudden shift in investor sentiment followed chief executive [...]
Elon Musk retaliates against Tesla backlash May 21, 2025 Elon Musk has issued a stark warning to those behind violent attacks against Tesla, vowing criminal consequences for what he described as “evil” acts of politically motivated vandalism and threats. Speaking in a virtual interview at the Qatar economic forum on Tuesday, the Tesla and SpaceX chief executive said he had taken the recent wave [...]