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Federal Agency

Elon Musk’s Role In Dismantling Federal Agency Likely Violated Constitution, Judge Rules Elon Musk’s Role In Dismantling Federal Agency Likely Violated Constitution, Judge Rules
Elon Musk’s Role In Dismantling Federal Agency Likely Violated Constitution, Judge Rules Billionaire entrepreneur Elon Musk and his Department of Government Efficiency (DOGE) likely violated the Constitution in "multiple ways" in their efforts to permanently dismantle the United States Agency for International Development (USAID), a federal judge has just ruled. By doing so, DOGE deprived Congress of its authority over the agency’s dissolution, Judge Theodore D. Chuang of the US District Court for the District of Maryland said. The landmark ruling on Tuesday, March 18, marks a significant moment, as it appears to be the first time a judge has directly intervened against Mu…
Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say
Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say A vast majority of people in an investor survey said CEO Elon Musk's growing political influence is damaging Tesla financially, according to reports. An investor survey by Morgan Stanley said 85 percent think Musk's political activities have had a "negative" or "extremely negative" impact on Tesla's business fundamentals, CNBC reported. An analyst from the investment banking firm received answers from 245 participants, a relatively small sample with some investors who don't have Tesla stock. Shares in the electric automaker were at $247.08 when trading opened on Wednesday, Mar. 12. Tha…
Tesla Owners Disguise Vehicles As Stock Craters, Trump Calls Elon Musk Boycott 'Illegal' Tesla Owners Disguise Vehicles As Stock Craters, Trump Calls Elon Musk Boycott 'Illegal'
Tesla Owners Disguise Vehicles As Stock Craters, Trump Calls Elon Musk Boycott 'Illegal' Tesla is losing its charge with many Americans as billionaire CEO Elon Musk faces plummeting sales, a freefalling stock, growing protests, and car owners distancing themselves from the controversial brand. The electric automaker's stock has more than lost all of its post-Election Day gains. Tesla shares stood at $288.53 on Wednesday, Nov. 6, 2024, and hit an all-time high of around $480 in mid-December before beginning a sharp decline. By early March, shares fell below what they posted the day after Election Day. Tesla opened for trading at $225.11 on Tuesday, Mar. 11, marking abo…