Elon Musk’s sprawling business empire has granted the billionaire a degree of power and global influence that transcends the industries he’s reshaped. He is the leader of no fewer than six hugely influential companies, spanning electric vehicles to wartime communications, and their innovations could shape the fates of nations. Musk is polarizing, confounding and inescapable. And he is the biggest business story of our time. Each week, listen in as host David Papadopoulos convenes a panel of Bloomberg Businessweek journalists who are tracking Musk’s companies and the surprising ways they intersect. They break down the business mogul's latest moves and analyze what they could mean for us all.
When Donald Trump unveiled that big list of countries and their respective tariffs, the markets reacted immediately by nosediving. In the days since, business leaders, tech founders and global CEOs have been making noise about how their companies will be negatively impacted. And even though Elon Musk is now part of the Trump administration, he’s also jumped into the fray, feuding with Trump adjutant Peter Navarro on (where el...
In the first episode of Bloomberg Businessweek’s new podcast Everybody’s Business, Max Chafkin and Stacey Vanek Smith try to make sense of “Liberation Day”—Donald Trump’s recent introduction of steep tariffs on imports from seemingly every corner of the globe. Will these taxes "fix" the economy like a hammer helps a ...
On Friday night, news broke that Elon Musk was merging his company X with his company xAI—a move that this very podcast, Elon, Inc., had predicted last year. This week, a campaign for the Wisconsin Supreme Court looms very large, as Musk is again spending millions of dollars to (Democrats contend) try and tilt an election in the Republican Party’s favor. Today, we talk about what the Friday night news means for Mus...
Elon Musk’s leverage over the Republican Party, made plain by his threats to finance primary challenges against anyone who fails to fully support Donald Trump, comes from his multibillion-dollar bank account. Recently, he’s decided to spend some of that money on behalf of the party. In Wisconsin, Musk has spent upwards of $13 million to sway a state supreme court race that has ramifications for Republican control o...
Elon Musk has been making news at a furious pace as he seeks to dismantle wide swaths of the federal government at Donald Trump’s behest. His behavior has certainly been enough to fill the pages of Judd Legum’s new publication, Musk Watch. The newsletter, an offshoot of Legum’s Popular Information Substack, launched on Inauguration Day. Since then, he’s used his background in law, journalism and digging...
In some ways, Elon Musk had a quiet week—if making news on a daily instead of hourly basis counts as quiet. This week on Elon, Inc., the panel— Max Chafkin, Dana Hull and Bloomberg Businessweek columnist Amanda Mull—discusses Mull’s latest story about the wrong turns Musk has taken with the Tesla brand.
And while Tesla dealerships and Supercharger stations are increasingly the focus ...
He may be the world’s richest person and a personal pal of Donald Trump, but even Elon Musk can have a bad week. Not only has Tesla stock continued to crater as consumers worldwide turn their back on the South Africa-born multibillionaire (some violently) but his right-wing social network X was hit by sporadic outages he blamed on hackers. Even one of his SpaceX rockets blew up, raining debris down on the Earth...
While Elon Musk is busy in Washington, his publicly traded company has been suffering. Having skyrocketed in the immediate aftermath of Donald Trump’s election, Tesla is now in free fall and increasingly a target of protesters. Every weekend, more people have shown up at Tesla dealerships across the US with signs and chants, demonstrating against Musk’s effort to gut federal regulators and agencies while firin...
Personnel Management (OPM) sent out an email seemingly to all federal employees instructing them to send back a list of five things they accomplished the previous week. Over on X, Musk posted that failure to do so would be tantamount to resigning.
Confusion reigned as departments scrambled to advise employees on whether to follow the order from Donald Trump’s wealthiest assistant. This week, Bloomberg Businessweek’s Max...
Elon Musk and his assistants have reportedly spent the past week dropping in on federal agencies ranging from the US Department of Education to the Department of Energy, the Social Security Administration and the Internal Revenue Service. The result has been the potentially illegal disclosure of personal financial and health data belonging to tens of millions of Americans. Accompanying these visits has been the summary (and a...
Federal judges continue to declare most of Elon Musk’s activities in Washington to be probably illegal as the question of whether his 78-year-old boss will trigger a constitutional crisis becomes more pressing. At the same time, Musk has been making news in Silicon Valley, with a report Monday that he and others want to buy OpenAI. The proposal may have been a feint, but Sam Altman did take the opportunit...
Elon Musk has been in Washington a few weeks now, and he and his team of Silicon Valley adjutants show no signs of stopping their efforts to (illegally, many legal experts say) dismantle portions of the federal government in the name of Donald Trump. This weekend, we discussed how the Tesla co-founder and far-right billionaire was given access to a central component of government—the mechanism by which the Treasury distr...
In a week of unprecedented action (and chaos) from both Elon Musk and the Trump administration, breaking news this weekend brought the Elon, Inc. team together for an emergency episode. The New York Times broke the news, and the Washington Post followed, that Musk’s Department of Government Efficiency was given access to the Treasury Department’s payment system. This system, which handles a big ...
It’s that time of year: quarterly earnings for Tesla are tomorrow. Regular Elon, Inc. listeners will know that means a new bingo card is here (and you can play on the Bloomberg Terminal at BNGO). But that’s only one of the many breaking news items about Elon Musk—another is today’s announcement that Visa is partnering with X to deliver banking services to the social media platform. To discuss all o...
Just as mobile banking revolutionized our relationship with our money and led to a plethora of new tools for management and investing, the proliferation of crypto and blockchain technologies have opened up all manner of new investment opportunities that go far beyond what early Bitcoin adopters could’ve imagined.
This episode is sponsored by Coinbase.
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Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washing...
All eyes were on Washington, DC, this past weekend, when Elon Musk joined Donald Trump’s inauguration events bigly, as our once and current president would say. The news was flowing throughout, including changes to the nascent DOGE project and a very controversial hand gesture. Also controversial? Musk’s ongoing video game scandal, in which influential gamers have accused Musk of not actually getting to the upper echelo...
On Monday, Bloomberg News broke the story that Chinese officials were considering allowing Elon Musk to buy TikTok—something that, if it happened, would be earth-shaking for a whole host of reasons (though Elon, Inc. listeners heard us discuss the possibility months ago). Host Max Chafkin talks to Bloomberg social media reporter Kurt Wagner about what a Musk-owned TikTok could mean for the US (and China).
Then ...
For those who haven’t been following Elon Musk’s voluminous and combative X posts about the UK—good for you. It’s a confusing situation where Musk backed and then renounced fellow right-winger Nigel Farage, and then tried to taint Prime Minister Keir Starmer with a “scandal” tied to when he was a prosecutor. Starmer, for his part, said “a line has been crossed” with Musk’s ...
Over the holiday break, Elon Musk was busy making news on X, furiously posting his way into a multipronged fight with ultra-right wing MAGA luminaries Laura Loomer and Steve Bannon about immigration visas. But over the past 24 hours, two other stories arguably overshadowed the civil war in Trumpland: a deadly Cybertruck explosion in Las Vegas and some surprisingly bad sales numbers from Tesla. David Papadopoulos is joined by Max Ch...
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David Papadopoulos