Trump has threatened to place a 25 percent tariff on imports from Canada and Mexico, as well as a 10 percent additional tariff on all imports from China. Energy resources from Canada will have a lower 10 percent tariff.

After reaching a net worth of more than $486 billion in December, Elon Musk’s wealth has sunk below $400 billion for the first time in 2025. Tesla—where Musk derives about 60% of his wealth—has had an abysmal year.

Billionaire investor Elon Musk’s brother and director Kimbal Musk sold Tesla (TSLA) stock worth $27.6 million last week. The corporate insider

Elon Musk’s “public life risks alienating consumers and employees” at Tesla, remarked Oppenheimer analysts in a Tuesday research note.