It’s not the first time a president has empowered a business tycoon to look for ways to dramatically cut federal regulations.

By Carolina Mandl NEW YORK (Reuters) -Hedge funds piled into bets on financial stocks, Tesla shares and a prison operator in ...

Musk’s worries about AI doom don’t make him a safe pair of hands for AI policy. Just look at what has happened to Twitter ...

US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle (EV) adoption. Read more at The Business ...

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.