Trump Suggests an Elon Deportation, Tesla Shakes up Management
The predictable second round of Elon Musk’s feud with Donald Trump began over the weekend as the Tesla CEO took aim at the GOP’s massive tax-and-spend bill. Specifically irking Musk (along with efforts to gut incentives to buy his cars) is the amount of money the bill would add to the $37 trillion national debt ($3.3 trillion over a decade, according to a new estimate from the nonpartisan Congressional Budget Office). Trump initially kept his replies to the richest man on Earth muted, but as the South Africa-native’s broadsides piled up, the notoriously thin-skinned Republican president could no longer help himself. Trump blew up and not only threatened to withdraw government subsidies from Musk’s companies but said he would mull whether to try and “denaturalize” Musk and deport him. Meanwhile, Musk suggested he’d support primary challenges to any Republican lawmaker who supported the bill, and returned to the idea of starting a third party—called the America Party (of course).To make sense of all the chaos, Bloomberg national correspondent Joshua Green joins David Papadopoulos on this week’s episode of Elon, Inc. Green argues that—despite Musk’s hundreds of billions of dollars and hundreds of millions of social media followers (and bots)—there isn’t a huge constituency out there for a third party. Green also outlines the roots of a mini-campaign within Trump’s ultra-right wing base to get Musk deported, discusses Musk’s chances of actually convincing any lawmakers in the House (now that the Senate has passed the bill) to change their vote on Trump’s tax bill and predicts how many more rounds are left between him and his (one-time) biggest campaign donor. Papadopoulos also calls up Musk reporter Dana Hull to talk about about fresh challenges for Tesla. With several recent high-profile leadership exits, a flawed robotaxi rollout and sagging sales, things aren’t looking rosy for the electric carmaker ahead of tomorrow’s quarterly sales numbers. “They might only sell like a million and a half units this year; that’s like a far cry from the 20 million that they once talked about” Hull notes. Finally, Trump wasn’t the only subject of a Musk feuds this week. Mexican president Claudia Sheinbaum recently threatened legal action against SpaceX due to debris from a rocket explosion sweeping in across the border from Texas. Is Musk’s space technology company ready for a spat with one of the few world leaders who has managed to tame Trump? Bloomberg Executive Editor Crayton Harrison joins for the full story. See omnystudio.com/listener for privacy information.
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An Underwhelming Robotaxi Rollout, X Strong-arms Advertisers
Over the weekend, while the world was transfixed by war in the Middle East, the Tesla Robotaxi quietly appeared on the streets of Austin, Texas. It didn’t stay quiet for long, though. As a handful of Tesla influencers filmed themselves driven through the streets of the red state’s famously blue capital, their smartphone videos caught plenty of traffic violations. In this week’s episode David Papadopoulos is joined by Max Chafkin as well as Bloomberg electric vehicles reporter Kara Carlson to break down the launch. Years in the making, and with rivals like Waymo already familiar sights in some big US cities, will Elon Musk be able to spin this as something other than a tepid attempt at catch-up? Tesla investors seem to think so: the stock jumped 8.2% on Monday. Papadopoulos and Chafkin are then joined by Bloomberg social media reporter Kurt Wagner, just back from the Cannes Lions International Festival of Creativity. Wagner discusses X’s participation, or rather absence, from the all-important advertising event, and goes through how Musk’s embattled social media platform has reportedly tried to strong-arm advertisers to return by threatening lawsuits. This prompted Papadopoulos to speculate about the equivalent situation for hot dog vendors or shovel salesmen. Lastly, the crew discuss a few additional news item from the week, namely an exploding SpaceX rocket and the recent report that Musk doesn’t use a computer.See omnystudio.com/listener for privacy information.
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Can ‘MAMUWT’ Be to Musk What ‘TACO’ Is to Trump?
On this week’s episode of Elon, Inc., host David and Max chat about the latest Musk-Trump drama. A detente had just emerged when we last recorded, and now it feels like it’s just a matter of time before Musk (and little X) are back in the Oval Office sparring with reporters (and playing on the floor). Will the apologies help Musk secure eased restrictions for self-driving cars and access to Star Wars 2.0 (Trump’s “golden dome” project)? And will Max and David be able to introduce MAMUWT (Musk Always Makes Up With Trump) into the lexicon alongside TACO (Trump Always Chickens Out)? What about MADRA (Musk Always Delays Robotaxi Announcements)? Meanwhile, xAI is in talks to raise $4.3 billion (on top of the $5 billion it’s been trying to raise) since the company has already spent most of the $14 billion it previously raised. Commitments on the debt sale are due Tuesday. Bloomberg’s Carmen Arroyo joins the crew to break down what it means for the future of Musk’s company.See omnystudio.com/listener for privacy information.
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After the Meltdown, Elon Looks to Robotaxis
On this week’s episode, host David gathers Max Chafkin and Dana Hull to go through the latest developments in the aftermath of the Elon Musk-Donald Trump explosion last week. After two (!) emergency episodes in as many days last week, things seem to have calmed down between the South Africa native and the US president—but there are still signs of friction. Will Trump ever be able to forgive the insults Musk hurled at him on social media (as in, Trump should be impeached a third time)? Can he afford not to? In the midst of all the drama, it’s easy to forget that this week will reportedly see a milestone event for Tesla: the June 12 launch of a robotaxi service in Austin, Texas. The operation will be small to start, with just 10-20 cars serving a limited area, according to the company. But the timing of the event is eyebrow raising. Not only does it come on the heels of Musk’s tweet-storm meltdown, it also happens a mere week after a Bloomberg story outlining a lethal crash involving a self-driving Tesla. The crew discuss just how long the odds are for robotaxi success. To end, Chafkin has brought a feud to the program. This week it’s Musk against his own chatbot, Grok. Why is he so disappointed with his digital companion this time? The answer includes a screen short, a left wing meme and an artificial intellgence with a surprising lack of digital critical thinking.See omnystudio.com/listener for privacy information.
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Another Emergency: What IS Going on With Elon and Trump?
It didn't take long after our emergency episode yesterday for the beef between Elon and Trump to escalate. The X and Truth Social posts went flying, everyone from Steve Bannon to Kanye West weighed in, and Trump even threatened to sell the Tesla he bought a few months ago. David Papadopoulos and Max Chafkin couldn't wait to dive into the latest news of the feud, and tell us what we should be watching out for next.See omnystudio.com/listener for privacy information.
Elon Musk’s sprawling business empire has granted the billionaire a degree of power and global influence that transcends the industries he’s reshaped. He is the leader of no fewer than six hugely influential companies, spanning electric vehicles to wartime communications, and their innovations could shape the fates of nations.
Musk is polarizing, confounding and inescapable. And he is the biggest business story of our time.
Each week, listen in as host David Papadopoulos convenes a panel of Bloomberg Businessweek journalists who are tracking Musk’s companies and the surprising ways they intersect. They break down the business mogul's latest moves and analyze what they could mean for us all.
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