Trump says Elon Musk will put America before Tesla or SpaceX

Quartz12-13

Tesla and SpaceX CEO Elon Musk at the U.S. Capitol Building for a meeting with Congressional Republicans interested in his Department of Government Efficiency. - Photo: Anna Moneymaker (Getty Images) ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2491333737?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Muezp4MtqnvhzHBJhgiL4g--~B/aD00MjQ7dz02MzY7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/quartz.com/26cb647790ad786491ea8e5f5167ae42","is_english":true,"pubTime":"2024-12-13 00:40","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2491333737","market":"us","top_or_hot":-1,"title":"Trump says Elon Musk will put America before Tesla or SpaceX","media":"Quartz","content":"<div>\n<p>Tesla and SpaceX CEO Elon Musk at the U.S. Capitol Building for a meeting with Congressional Republicans interested in his Department of Government Efficiency. - Photo: Anna Moneymaker (Getty Images)\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/trump-says-elon-musk-put-164000614.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump says Elon Musk will put America before Tesla or SpaceX</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump says Elon Musk will put America before Tesla or SpaceX\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-13 00:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/trump-says-elon-musk-put-164000614.html><strong>Quartz</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla and SpaceX CEO Elon Musk at the U.S. Capitol Building for a meeting with Congressional Republicans interested in his Department of Government Efficiency. - Photo: Anna Moneymaker (Getty Images)\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/trump-says-elon-musk-put-164000614.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2250418816.HKD","symbol_name":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/trump-says-elon-musk-put-164000614.html","article_id":"2491333737","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Muezp4MtqnvhzHBJhgiL4g--~B/aD00MjQ7dz02MzY7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/quartz.com/26cb647790ad786491ea8e5f5167ae42"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491333737","pubTimestamp":1734021600,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Tesla and SpaceX CEO Elon Musk at the U.S. Capitol Building for a meeting with Congressional Republicans interested in his Department of Government Efficiency. - Photo: Anna Moneymaker . President-elect Donald Trump says there aren’t any potential conflicts of interest that come with Elon Musk leading a group scrutinizing the same federal agencies that regulate his companies.Trump has given Musk co-leadership of the Department of Government Efficiency . It’s not actually a government department, bur rather an outsidegroup that plans to work with congressional officials and the White House to recommend ways to reduce federal spending. DOGE plans to take aim at remote work for federal employees, non-government organizations, and regulations Musk and his allies deem burdensome. All in all, Musk wants to slash some $2 trillion in spending.Musk has had unprecedented access to the president-elect as he gears up for his ssecond term in office, according to ethics experts. During the 2024 pres","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4566":"资本集团","SG9999001077.SGD":"United International Growth Fund SGD","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","BK4524":"宅经济概念","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","TSLA":"特斯拉","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","TSLL":"Direxion Daily TSLA Bull 2X Shares","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","TSYW.SI":"TESLA 3xLongSG261006","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","SG9999015978.USD":"利安颠覆性创新基金A","USAW.SI":"AMZN 3xLongSG261006","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","AMZN":"亚马逊","LU1046421795.USD":"富达环球科技A-ACC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","LU0882574139.USD":"富达环球消费行业基金A ACC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","NYT":"纽约时报","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC"},"translate_title":"Trump称Elon Musk将把美国置于特斯拉或SpaceX之前","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1,"TSLL":1,"TSLA":1,"NYT":1,"TSYW.SI":0.6,"USAW.SI":0.6},"content_text":"Tesla and SpaceX CEO Elon Musk at the U.S. Capitol Building for a meeting with Congressional Republicans interested in his Department of Government Efficiency. - Photo: Anna Moneymaker (Getty Images)\n \n\nPresident-elect Donald Trump says there aren’t any potential conflicts of interest that come with Elon Musk leading a group scrutinizing the same federal agencies that regulate his companies. \nTrump has given Musk co-leadership of the Department of Government Efficiency (DOGE). It’s not actually a government department, bur rather an outsidegroup that plans to work with congressional officials and the White House to recommend ways to reduce federal spending. DOGE plans to take aim at remote work for federal employees, non-government organizations, and regulations Musk and his allies deem burdensome. All in all, Musk wants to slash some $2 trillion in spending.\nMusk is the CEO of Tesla (TSLA) and SpaceX, the owner of the social media network X, and founder of Neuralink, xAI, and The Boring Co. Tesla and SpaceX have received billions of dollars in government contracts and frequently come into conflict with regulators, including the Environmental Protection Agency and the Department of Transportation. \nSeveral agencies are potentially on the chopping block for DOGE, according to Musk and his co-leader, billionaire entrepreneur Vivek Ramaswamy. Musk has frequently slammed the agencies regulating his companies, even preparing to sue the Federal Aviation Administration and attempting to dismantle the National Labor Relations Board. \n“I don’t think so,” Trump told Time magazine when asked whether Musk has a potential conflict of interest.\n “I think that Elon puts the country long before his company,” Trump said in an interview that accompanied his selection as the magazine’s Person of the Year. “I mean, he’s in a lot of companies, but he really is, and I’ve seen it. He considers this to be his most important project, and he wanted to do it.”\nTrump has a clear motive for saying as much. Some of Musk’s own rivals have voiced similar sentiments, despite privately expressing alarm. \nOpenAI’s Sam Altman said earlier this month that he believes “pretty strongly that Elon will do the right thing,” adding that it would be “profoundly un-American to use political power” to hurt competitors. “\n“I take it face value, what has been said, which is that he’s not going to use his political power to advantage his own companies or to disadvantage his competitors,” Amazon (AMZN) founder and Blue Origin owner Jeff Bezos said at the annual New York Times (NYT) DealBook Summit. Bezos noted that he “could be wrong about that, but I think it could be true.”\nMusk has had unprecedented access to the president-elect as he gears up for his ssecond term in office, according to ethics experts. During the 2024 presidential campaign, he spent more than $260 million supporting Trump’s candidacy through several groups, as detailed by Syracuse University researchers. \nHe’s become an almost constant presence in Trump’s orbit since the 2024 election, even sleeping at Trump’s Mar-a-Lago club in Palm Beach, Florida, and joining calls with major CEOs and world leaders. Several of his allies, including Jared Isaacman, David Sacks, and the next head of the Federal Communications Commission, have been selected for roles in the new Trump administration.\nThe valuation of Musk’s companies has risen since the election, with Tesla stock soaring69% and reaching new all-time highs. SpaceX and xAI have also been valued at new highs of $350 billion and $50 billion, giving Musk a net worth of almost $450 billion.\n For the latest news, Facebook, Twitter and Instagram.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491333737"}