Latest news with #anti-Musk
Newsweek
2 days ago
- Automotive
- Newsweek
Elon Musk's Tesla Diner Hit With Inflatable Nazi Protest
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Elon Musk's Tesla-themed diner in Hollywood became the scene of an anti-Musk protest on Sunday. Protestors gathered outside the futuristic eatery with balloons resembling Musk that were animated to do Nazi salutes, in reference to a widely-criticized gesture that the tech billionaire made on President Donald Trump's Inauguration Day. Newsweek has contacted Musk for comment via Tesla's press office. The Context The Tesla CEO's new diner opened in Hollywood on Monday, though it has been unable to escape the wave of protests that have followed Musk's signature tech company since his work within the Trump administration. Protestors across the world have targeted Tesla in a reaction to Musk's actions in the Department of Government Efficiency, which the billionaire left in June, and many of those protests have used Nazi imagery after his gesture and support of a right-wing conservative party in last year's German elections. What To Know In images of the protest seen on Musk's own social media platform, X, formerly Twitter, a group of protesters can be seen standing outside the new diner with two balloons that resemble Musk. The inflatables have been made to constantly mimic the gesture Musk made in January, while the protesters hold signs that say, "Boycott Tesla." Well The Paid for and Sponsored by Soros Protesters are at it again at the Tesla diner 🤦♀️ — Susie Pollick 🦌 𝕏. (@nadjiasusie) July 27, 2025 Musk responded to the targeting of his new location on X, saying: "This is obviously a paid attack with no popular support, as it is just a few people with public passersby ignoring them. Only question is who's paying them?" The Tesla Diner on July 11, 2025, in Hollywood, California. The Tesla Diner on July 11, 2025, in Hollywood, California. Getty Images Protests against Tesla peaked in April and May this year, when Musk was at the height of his power in the White House. Since departing, actions against the company's vehicles have died down. Tesla reported its third quarter in a row of declining profits on Thursday, following a disappointing second quarter of 2025 that saw a 16 percent drop in profits. What People Are Saying Elon Musk wrote about the diner's launch on his social media platform X on Monday: "If our retro-futuristic diner turns out well, which I think it will, Tesla will establish these in major cities around the world, as well as at Supercharger sites on long-distance routes. An island of good food, good vibes and entertainment, all while Supercharging!" What Happens Next Musk has indicated that Tesla could expand the Diner & Drive-In format to additional urban centers and select Supercharger locations across the U.S. and globally, if the Hollywood pilot generates enough public interest and income.
9 News
6 days ago
- Automotive
- 9 News
Tesla earnings nose-dive 23 per cent
Your web browser is no longer supported. To improve your experience update it here Tesla has recorded a 23 per cent drop in adjusted net income and a 12 per cent decrease in overall revenue, with a double-digit drop in adjusted earnings for the second quarter, both worse than what Wall Street expected. The stricter reading for net income fell 16 per cent to $USD1.2 billion ($1.8 billion). Their core auto revenue also dropped 16 per cent. Tesla facility vandalised and cars set ablaze amid anti-Musk sentiment (Nine) Since 2019, regulatory credit sales alone have brought the company $10.9 million in profits, in some instances the company would have lost money annualy without them. "These regulatory credit sales are the reason that Tesla exists today," said analyst Gordon Johnson Reports found revenue per vehicle dropped to $USD42,231 ($63,978) as the company made $USD500 ($757) less on each car sold. The drop in sales has been largely attributed to Tesla CEO Elon Musk's political activities as well as increased competition in the electric vehicle market, particularly from China. Tesla trade-ins at record levels in the US – report (Nine) Tesla sales continue to drop in markets where EV sales are rising overall. The company is set to lose its title of the world's largest EV builder to BYD, a Chinese manufacturer that doesn't sell cars in the United States. Musk did not comment on the company's sales and revenue dive during his opening remarks on the company's call with investors Wednesday, following the earnings report. TESLA elon musk World automotive USA Economy Stocks CONTACT US
Newsweek
6 days ago
- Automotive
- Newsweek
Elon Musk Launches Tesla Diner With Robot Servers
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Tesla CEO Elon Musk has launched the company's first Diner & Drive-In in Hollywood, Los Angeles, combining retro Americana with robot servers and synchronized movie screenings. The diner debuted on Santa Monica Boulevard, with hundreds of guests forming lines on opening day. Newsweek contacted Tesla for more information about the event via email. Why It Matters Since departing the White House, Musk has focused more on the tech companies that made him the richest man in the world, spending more time at Tesla, SpaceX and X to restore their reputations after his brands took a hit during his time on the front line of the Trump administration. Tesla, which became a focal point for anti-Musk protests during the first few months of Trump's second presidency, has been one of his main focuses. What To Know Located at 7001 West Santa Monica Boulevard, the Tesla Diner operates 24/7 and features both outdoor and indoor seating for up to 250 guests. The drive-in concept allows customers to order traditional American diner food—including burgers, chicken wings, hot dogs and hand-spun milkshakes—using the Tesla Diner app accessible on the car's touch screen or from pedestrian kiosks. The food is served in Cybertruck-shaped food boxes, and the site doubles as a retail space for Tesla merchandise. The Hollywood venue is not exclusive to Tesla owners. It welcomes pedestrians and tourists, seeking to serve as a pop-culture destination. Two massive LED screens, each about 45 feet wide, show curated short films with synced car audio. Elon Musk's new Tesla Diner & Drive-In, seen while undergoing testing, in Hollywood, California, on July 11. Elon Musk's new Tesla Diner & Drive-In, seen while undergoing testing, in Hollywood, California, on July 11. Getty Images Food is delivered by roller-skating staff and Optimus robots, a new Tesla android that Musk has pitched as the future of automated assistance following its launch in 2024. Musk originally floated the retro-diner concept in 2018, with city construction approvals for the Hollywood location secured in 2023. Prior to the public unveiling, Tesla hosted a soft launch for local first responders and car club members. Who People Are Saying Elon Musk wrote about the event on his social media platform X on Monday: "If our retro-futuristic diner turns out well, which I think it will, Tesla will establish these in major cities around the world, as well as at Supercharger sites on long distance routes. An island of good food, good vibes & entertainment, all while Supercharging!" What Happens Next Musk has indicated that Tesla could expand the Diner & Drive-In format to additional urban centers and select Supercharger locations across the U.S. and globally, if the Hollywood pilot generates enough public interest and income.
Yahoo
09-07-2025
- Automotive
- Yahoo
Tesla Stock Disemboweled After Elon Musk's Latest Bizarre Stunt
Billionaire Elon Musk is seemingly making good on his threat of creating his own "America Party" political party — and Tesla investors couldn't be more unhappy. After Congress passed president Donald Trump's so-called "big, beautiful bill" last week — a piece of legislation Musk has called a "disgusting abomination" and "utterly insane" — Musk announced that his new party could focus "on just two or three Senate seats and eight to 10 House districts." "When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy," Musk tweeted over the weekend. "Today, the America Party is formed to give you back your freedom." The market clearly isn't convinced: Tesla shares took a nosedive in light of the news on Monday, sliding more than seven percent as the day opened. Investors in Musk's EV maker had already been highly wary of his political scheming. His latest comments appear to have hit a nerve, inciting fears that the richest man in the world has become far too distracted from effectively leading the company. The timing couldn't be worse. Musk has already greatly tarnished the company's brand due to his embrace of far-right extremist ideologies, with anti-Musk sentiment leading to cratering sales across the globe and leaving an enormous dent in the company's finances. The company's long-awaited launch of an autonomous ride-hailing service has also been chaotic — to say the least — showing that Tesla is still a very long way from meaningfully competing with the likes of Waymo. In May, Musk claimed that he would be taking a step back from politics, which sent Tesla's shares soaring. Now that the mercurial CEO is doubling down on doing the polar opposite, investors are predictably spooked by the huge swings in priorities. "Very simply Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that Tesla investors/shareholders want him to take during this crucial period for the Tesla story," Wedbush Securities analyst and Tesla bull Dan Ives wrote in a Sunday note. Ives argued that Musk's announcement of a new political party could place even more strain on his already troubled relationship with those who are propping up Tesla's astronomical $1 trillion valuation. "While the core Musk supporters will back Musk at every turn no matter what, there is broader sense of exhaustion from many Tesla investors that Musk keeps heading down the political track," Ives wrote. For his part, Trump wasn't impressed by Musk's declaration of war, calling his plans "ridiculous" in a Truth Social post, and arguing that the billionaire had gone "completely off the rails." In short, it doesn't take much to see the precarious position Tesla finds itself in. It remains to be seen whether Tesla investors will have finally had enough of his antics. Experts are already wary of the possibility that the company's stock is massively overvalued, with its share price serving as an indicator of Musk's popularity — rather than a healthy car business. More on Tesla: Tesla Fans Rage Against Elon Musk as They Lose Money on Polymarket After Doing Exactly What He Told Them to Do Sign in to access your portfolio
The Market Online
03-07-2025
- Business
- The Market Online
Market Open: U.S. Job Data Silences Futures
US Job data data due out later today has stilled futures of Canada's main stock index today Market Numbers (Futures) TSX : Up ( 0.05%) 26,869.66TSXV: Up (2.52%) 751.85DOW: Up (0.13%) 44,832.00NASDAQ: Up (0.10%) 22,866.50 FTSE: Up(0.51%) 8,819.69 In the Headlines: Bombardier shares jumped after landing a blockbuster deal to sell 50 jets worth US$1.7 billion, marking a major boost for the Canadian aerospace giant And Tesla sales sank 13% in Q2 as the anti-Musk boycott persisted and rivals capitalized on the fallout. Currencies Update: (Futures) The loonie is flat this morning at 0.01% to $0.7357 U.S., inched up against the Euro by 0.10% to $0.6249 and Bitcoin lifted by another 2.18% to CDN$148,933.73 Commodities: (Futures) Natural Gas: Up (0.82%), 3.52WTI: Down (0.16%), 67.34Gold: Down (0.82%), 3,329.78 Copper: Down (0.05%) 6.23 To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here
