Kevin O’Leary, chairman of O’Leary Ventures, shares his insights on inflation, the economy, the upcoming election, and his admiration for Elon Musk. He discusses the persistence of inflation, the challenges facing the Federal Reserve, and the potential for growth in the market. He also emphasizes the importance of policy clarity and calls for more Elon Musk-like figures in government.
Following Elon Musk’s takeover of Twitter, the company faced widespread layoffs and a tumultuous transition period. Now, the Irish Workplace Relations Commission has ruled that the dismissal of a senior executive, Gary Rooney, was unfair, citing Musk’s ultimatum email as an attempt to force employees into new terms without proper notice or consultation. The regulator ordered Twitter to pay Rooney over $600,000 in compensation.
Former US President Donald Trump has returned to X, formerly known as Twitter, and is using the platform to promote his political campaign. His recent posts on the platform feature campaign slogans, criticisms of his political opponents, and familiar themes from his previous campaigns. Trump’s return to X coincides with a conversation with Elon Musk on the platform’s Spaces, which faced technical difficulties.
Tesla CEO Elon Musk has proposed a government ‘efficiency’ committee to Republican presidential candidate Donald Trump, aiming to streamline regulations and reduce wasteful spending. Musk envisions the committee as a way to eliminate unnecessary laws and regulations, comparing the process to ‘garbage collection’ to prevent project delays. He has expressed his willingness to be a part of this committee, and Trump has responded positively.
Former Obama administration economist Betsey Stevenson criticized Donald Trump’s praise of Elon Musk for firing striking workers at Tesla. This incident has ignited controversy, with the United Auto Workers (UAW) filing federal labor charges against both Trump and Musk for their public statements.
The United Auto Workers (UAW) has filed federal labor charges against former President Donald Trump and Tesla CEO Elon Musk for comments made during a public conversation. The charges stem from Trump’s praise of Musk’s management style, which the UAW claims is indicative of anti-union sentiment and a willingness to fire workers who threaten to strike. This latest development comes as the UAW is actively campaigning for unionization at Tesla and has endorsed Vice President Kamala Harris for the 2024 presidential election.
Former President Donald Trump launched a scathing attack on Vice President Kamala Harris during a two-hour conversation with Elon Musk, accusing her of receiving preferential media coverage and mimicking his policies. Trump criticized Harris’s portrayal on the cover of Time magazine, her handling of immigration, and her environmental policies, while Musk attempted to engage him on policy proposals.
Venezuela has blocked access to Elon Musk’s X (formerly Twitter) for ten days, citing violations of national telecommunications regulations. The ban has led to a massive surge in VPN demand as Venezuelans seek to bypass the restrictions. The move follows accusations of election fraud and Musk’s vocal criticism of Venezuelan President Maduro.
Shares of Trump Media & Technology Group Corp. (TMTG) are plummeting again on Tuesday, following a sharp decline on Monday. This comes as the company reported disappointing second-quarter results and Donald Trump returned to the X platform, sparking concerns about the future of Truth Social.
Tesla CEO Elon Musk, known for his commitment to sustainable energy, surprisingly defended the oil and gas industry during an interview with former President Donald Trump. Musk argued that a gradual transition to sustainable energy is preferable, and that the oil and gas industry should not be demonized. He expressed his views on the need for continued oil and gas production while simultaneously transitioning to renewable energy sources.
