Billionaire Elon Musk is floating a new political party dubbed the "America Party" — but the idea could face major hurdles.

Tesla shares have taken a hit as the world's richest person and President Trump continue to exchange jabs over the spending ...

Elon Musk, the world's richest person, reignited his criticism Monday of the Trump-backed One Big Beautiful Bill Act.

President Trump again targeted Elon Musk, attacking the amount of government subsidies Musk is receiving after Musk renewed criticism​ of the president's flagship spending bill​.

Tesla second-quarter sales slid more than 13%, but saw stronger-than-expected demand for Models 3 and Y vehicles.

Musk has previously made his opinions about Trump's "big, beautiful bill" clear. In late May, just a few days before he ...

The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet that higher, experts say.

Musk, the world's richest person, had spent more than a quarter of a billion dollars to back Mr. Trump and other Republican candidates, CBS News previously reported.

Traffic safety regulators are investigating after videos surfaced showing Tesla robotaxis being tested in Texas driving unpredictably.

Bannon has criticized Musk for years, claiming to CBS News in March 2023 that Musk was "owned by the Chinese Communist Party." In January, he called Musk " out of control." ...