• Tue, March 11, 2025

by: Firstpost

As Elon Musk's politics rises, Tesla loses 54% value since Election Day

Amid extremist politics of Elon Musk, his electric vehicles company Tesla has seen 54% of its value fall since the highs in the weeks after the Election Day, with stock falling by 15% yesterday alone

by: Newspoint

Aurangzeb's grave should be removed and...', these political parties made the demand, politics heated up

The controversy over the removal of Aurangzeb's tomb in Sambhajinagar, Maharashtra is growing. BJP, Congress, Shiv Sena and MNS have all supported it. Chief Minister Devendra Fadnavis also expressed his desire but called it a site protected by ASI.

by: Fortune

Trump declares Tesla boycott 'illegal' and vows to buy a new car from Elon Musk in solidarity

A pressure campaign targeting Trump's wealthy political patron is conspiratorial and against the law, the president told his supporters, despite boycotts falling under the domain of free speech.

by: Axios

Politics impact young LGBTQ+ Michiganders' mental health

Despite some recent strides in LGBTQ+ acceptance in Michigan, mistreatment and stigma are still contributing to high anxiety and depression among young people, a new report finds. Why it matters: An estimated 6% of adult Michiganders identify as LGBTQ+,

by: Vox

The arrest of a pro-Palestinian immigrant should worry every American

Civil rights advocates are accusing the Trump administration of trampling the First Amendment following the arrest of an immigrant who was involved with pro-Palestinian protests at Columbia University.

by: RealClearPolitics

Watch Live: White House Briefing Expected To Cover Government Funding, Tariff Fight, Ukraine Peace Talks

White House press secretary Karoline Leavitt will brief reporters Tuesday around 1:00 pm as the Trump administration juggles a lot of things going on in the economy, foreign policy, and on the Hill.

by: Alternet

Aviation worker slams Trump and DOGE for 'reckless cuts' that 'are doing damage' to airline 'safety'

Many critics of the mass layoffs of federal government workers being carried out by the Trump Administration with the help of the Elon Musk-led Department of Government Efficiency (DOGE) — including longtime conservatives like former Republican National Committee (RNC) Chairman Michael Steele and GOP ex-Reps.

by: Metro

Donald Trump doubles down and declares he will make Canada 51st State

President Donald Trump has doubled down on tariffs on Canada's steel and aluminum and called for making the country the US's 51st state. Trump blasted Canada in lengthy Truth Social posts on Tuesday morning and said he would 'shortly be declaring a National Emergency on Electricity' after the northern nation placed a 25% tariff on electricity from America.

by: LAist

The government already knows a lot about you. DOGE is trying to access all of it

by: STAT

What's in the GOP's stopgap government funding bill?

In today's D.C. Diagnosis newsletter: a rundown of the GOP's stopgap government funding bill and why former NIH director Francis Collins has hired security.

by: KKTV

'One of the beautiful things about being an American is we get to make choices and my choice is to help': Three years later, local funds continue to help Ukrainian refugees

After Russia invaded Ukraine back in 2022, our 11 News Team spoke with a local state pastor who was raising funds for Ukrainian refugee efforts. Three years later, through the network of churches in Germany and Ukraine,

by: Newsweek

Health Insurance: Trump Administration Takes Aim at 'Improper Enrollments'

The Centers for Medicare & Medicaid Services (CMS) has released a proposed rule to "address the troubling amount of improper enrollments."

by: ProPublica

Two Transgender Girls, Six Federal Agencies. How Trump Is Trying to Pressure Maine Into Obedience.

Maine said it wouldn't break state law to follow President Donald Trump's order barring transgender girls from playing girls' sports. Then came a barrage of investigations and threats targeting the state's federal funding.

by: MARCA

Donald Trump defends Elon Musk amid Tesla boycotts and makes supportive vow

by: MSNBC

Trump shuts down efforts to protect election security at CISA

An immigration app retooled for deportation, an ex-Facebook employee blows the whistle on censorship plan, and Trump allies target Alphabet.

by: Mediaite

'Lying Hacks': White House Drops Scathing Fact Check on Outlets Reporting Elon Musk Threatened Entitlements

The Trump White House's rapid response team on Tuesday hit Bloomberg News with a scathing fact check about some of Elon Musk's comments

by: Insider

DOGE is at the center of the government shutdown fight

Democrats aren't used to voting against keeping the government open. But DOGE and the Trump administrations early moves are changing the calculus.

by: WFSB

Will federal fundings cuts have state parks and forests looking different?

Bicking is the executive director of the Connecticut Forest and Parks Association, a non-profit that uses about ten percent of federal funding in its budget to help upkeep trails.

by: CNN

How each House member voted on government funding

The House passed a bill Tuesday, 217-213, that would keep the government funded through September. The measure next heads to the Senate where prospects for passage remain uncertain as the threat of a shutdown looms.

by: TheGrio

Trump's comments on recession and stock market drop trigger economic worry for Black communities

A recession with a combination of deep spending cuts to federal programs and an expansion of Trump's tax cuts threatens

by: WUSA9

DC fights against a federal government shutdown and $1B cuts

Mayor Muriel Bowser and the city council say the GOP's continuing resolution being considered by congress would lead to over $1 billion in cuts to D.C. services.

by: Euronews

Portugal's parliament rejects motion of confidence and brings down government

All the opposition parties, with the exception of the Liberal Initiative, voted against the motion of confidence in the government. PM Montenegro even offered to suspend the session if the socialists presented specific questions,

by: Cryptopolitan

Meta's AI chief says Trump and Musk are threats to America's AI dominance

by: Reuters

Palestinian Columbia student protester's challenge of arrest turns to US federal court

A legal battle over an arrested Palestinian activist and Columbia University student that has become a flashpoint of the Trump administration's immigration policy will play out in federal court, with the U.

by: UPI

House passes spending bill to avert government shutdown

The House of Representatives passed a spending bill Tuesday to fund the government through the end of September and avert a government shutdown at the end of the week. The bill now heads to the Senate.

by: MSN

USAID staff ordered to shred and torch records as Trump is named in emergency court motion

The destruction of documents comes amid a number of court cases challenging the legality of tech billionaire Elon Musk and his Department of Government Efficiency dismantling of agencies and the firing of thousands of employees without supervision or ...

by: CNBC

CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets

The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.

by: CNN

After Trump threatens new tariffs on Canada, officials agree to renegotiate USMCA

After back-and-forth tariff threats that sent markets sharply lower Tuesday, the US commerce secretary and the premier of Ontario said they would meet Thursday to renegotiate the free trade treaty known as the USMCA.

by: Reuters

Trump's government downsizing hits Education Department next

By Alexandra Alper, Tim Reid, Marisa Taylor and Nathan Layne (Reuters) - The U.S. Department of Education is expected to lay off half its staff, CNN reported, as multiple government agencies scrambled to meet President Donald Trump's Thursday deadline for them to submit plans for a second round of mass layoffs.

by: Euronews

'Constructive' Ukraine-US talks focus on sea-air ceasefire and minerals deal, reports say

Peace discussions between senior Ukrainian and US officials began in Jeddah on Tuesday just as hundreds of Ukrainian drones were launched at targets in the Moscow region. View on euronews

by: MSN

Trump vows to double tariffs on steel and aluminum from Canada even as markets continue slide

Less than a day after American stock markets had their worst one-day performance in years as a result of President Donald Trump's continued push to raise import taxes on goods from America's biggest trading partners, Trump said he was doubling down on ...

by: Newsweek

How a Government Shutdown Could Impact Housing Market

The struggling U.S. housing market is bracing for more problems if Congress is unable to avoid a government shutdown this week.

by: Newsweek

Proposed VA Cuts Spark Veteran Anger: 'Deserve Better'

Widespread cuts across the Department of Veterans Affairs are letting veterans down, laid-off employees and advocates say.

by: MSN

Trump doubles tariffs on Canadian steel and aluminium as trade war intensifies

He said the increase in the tariffs set to take effect on Wednesday is a response to the price rises the provincial government of Ontario put on electricity sold to the United States. He posted on his social media platform Truth Social on Tuesday ...

by: CNN

DC mayor treads carefully as Trump and Hill GOP threaten capital city's budget, autonomy

As DC Council members roamed the halls of Congress on Monday, lobbying GOP lawmakers against a federal funding bill that would strip more than $1 billion from the district's budget, city crews were simultaneously tearing up a road 2 miles away,

by: Reuters

US judge says Musk's DOGE must release records on operations run in 'secrecy'

A federal judge on Monday ordered the government-downsizing team created by U.S. President Donald Trump and spearheaded by billionaire Elon Musk to make public records concerning its operations, which he said had been run in "unusual secrecy.

by: Reuters

US House tees up close vote on government funding in face of Democratic opposition

Republicans who control the U.S. Congress will try on Tuesday to advance legislation that would avert a weekend government shutdown, while Democrats alarmed by President Donald Trump's dramatic downsizing effort were expected to oppose it.

by: CNN

Trump presidency latest: New tariff threats, funding bill fight and Ukraine talks

Top Trump administration officials will meet with a Ukrainian delegation in Saudi Arabia Tuesday. Meantime, House Republicans are working to pass a stopgap bill to avert a government shutdown at the end of the week.

by: CNN

Syria's new government strikes deal to integrate powerful Kurdish rival in landmark agreement

Syria's interim government says it has reached a landmark agreement with the Kurdish-led Syrian Democratic Forces (SDF) to integrate the group into state institutions.
  • Wed, March 12, 2025

by: Insider

Xi Jinping used 'a human Chinese wall' of soldiers to block eye contact between him and Mark Zuckerberg, new book says

But Xi didn't seem interested. That's according to Sarah Wynn-Williams, a former Facebook executive who said she had tried to engineer a "spontaneous encounter" between Zuckerberg

by: KPBS

House GOP passes spending bill, sending plan to avert government shutdown to Senate

by: katv

Arkansas introduces bill to enhance government transparency and update FOIA regulations

A new bill in Arkansas is aimed at increasing government transparency.The bill updates the state's Freedom of Information Act, expanding the rules around public

by: CNBC

Trump calls Tesla boycott 'illegal' and says he's buying one to support Elon Musk

Trump called Musk, the controversial leader of Tesla and a new government efficiency initiative, a "truly great American."

by: Euronews

EU strikes back against US steel and aluminium tariffs with retaliatory package

European Commission president Ursula von der Leyen announced a response to new US tariffs on steel and aluminium imports, unveiling a package of countermeasures aimed at US exports. View on euronews

by: MSN

Kremlin warns Russians against Trump euphoria and 'rose-tinted spectacles'

MOSCOW (Reuters) - The Kremlin on Tuesday warned Russians not to get carried away by what the administration of U.S. President Donald Trump is doing over Ukraine even though its actions may sometimes look hopeful for Moscow and to always "prepare for the ...

by: Fortune

Elon Musk admits he's juggling DOGE and his other businesses 'with great difficulty' as Tesla shares tank 54% since December

Elon Musk reassured ruffled Tesla shareholders that the business would be "fine" in the long term as it suffers a boycott—but admits running the company and working on DOGE is a challenge.

by: CNBC

Trump's 25% tariffs on steel and aluminum imports take effect

U.S. President Donald Trump's 25% tariffs on steel and aluminum imports came into effect Wednesday. The European Union said on Wednesday it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.

by: BBC

UK helped Ukraine and US reach ceasefire agreement

Zelensky relationship, UK government sources tell the BBC.

As Elon Musk's politics rises, Tesla loses 54% value since Election Day

Amid extremist politics of Elon Musk, his electric vehicles company Tesla has seen 54% of its value fall since the highs in the weeks after the Election Day, with stock falling by 15% yesterday alone
The article from Firstpost discusses the significant decline in Tesla's market value, which has dropped by 54% since the U.S. election day in November 2021. This downturn is attributed to several factors including Elon Musk's increasing involvement in politics, which has potentially distracted from his focus on Tesla. Musk's controversial political statements and his acquisition of Twitter have led to concerns among investors about his divided attention. Additionally, Tesla faces operational challenges such as production issues, increased competition in the electric vehicle market, and broader economic conditions like rising interest rates affecting consumer spending. The article also notes that Tesla's stock has been volatile, with Musk's actions and statements often correlating with sharp movements in stock price, highlighting the intertwining of his personal brand with Tesla's corporate image.

Read the Full Firstpost Article at:
https://www.firstpost.com/world/as-elon-musk-politics-rises-tesla-loses-54-per-cent-value-since-election-day-13870657.html