Tag: Elon Musk

SEC Sues Elon Musk for Allegedly Failing to Disclose Purchase of Twitter Stocks

American Greatness
Elon Musk

On Tuesday, the Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, the owner of Tesla, SpaceX, and the social media platform X (formerly known as Twitter), over his alleged failure to disclose his purchase of Twitter stock in 2022.

As reported by Just The News, the alleged purchase of stock by Musk led to him underpaying Twitter investors at the time of his buyout of the company in October of 2022. The lawsuit claims that this action meant Musk was able to buy stocks at “artificially low prices.”

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Commentary: Devin Nunes Reemerges

American Greatness
Devin Nunes

2024 proved to be the year of the reemergence of many once and unfairly pilloried public figures.

Elon Musk weathered nonstop attacks on his X social media platform. Furor escalated over his newfound 2024 Trump advocacy—even as he ended 2024 with his iconic Tesla brand still the best-selling car in six states and the most popular electric vehicle in the entire nation.

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Commentary: H1B Blues

American Greatness
Workers

Just in time for Christmas, some infighting has broken out among Trump supporters. Muckraking online personality Laura Loomer began the fracas with criticism of Sriram Krishnan, who Trump has chosen to be an AI policy advisor. Loomer pointed out that Krishnan has said previously that he wants the quota of green cards available to his Indian coethnics to be expanded.

Elon Musk entered the fray and argued that in order for the country to remain competitive, it must import talent from overseas.

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Trump Faces Federal Employee Unions in Government Efficiency Battle

The Center Square
AFGE members

President-elect Donald Trump has pledged to drastically cut government and clean out inefficiencies, but he faces an entrenched power in Washington, D.C. that may throw a wrench in his plans: federal government public employee unions.

“For president-elect Trump to succeed at making the federal bureaucracy more efficient and accountable to the American people, he’ll have to once again do battle with federal unions,” Max Nelsen, a labor policy expert at the Freedom Foundation, told The Center Square.

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Commentary: 2024’s Winners and Losers

The Daily Signal
Donald Trump

For those of us in the news business, 2024 provided a steady stream of stories to cover—and rarely a dull moment. From the Republican primaries early in the year to the assassination attempts and political conventions this summer, our Daily Signal team stayed busy through Election Day and in the days that followed.

During his first term as president, Donald Trump provided a plethora of political and policy news for us to report. We expect the same will be true in 2025. But before we turn the page on this year, our team reflected on the winners and losers—compiling the following list (listed alphabetically).

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Commentary: Trump’s 2024 Election Victory Marks Dramatic Shift from His Previous One

American Greatness
Donald Trump

In the weeks before the 2016 Trump Electoral College victory, Trump was polling between 35 and 40 percent.

He would average only about 41 percent approval over his tumultuous four-year tenure.

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Commentary: Trump Vows to Slash Government Bureaucracy as Public Trust in Government Craters

The Daily Torch
Donald Trump

President-elect Donald Trump just announced his sweeping plan to slash the size of the federal government through a new government agency run by businessmen Elon Musk and Vivek Ramaswamy.

The temporary agency, which Trump has named the Department of Government Efficiency (DOGE), will be tasked with slashing government bureaucracy, ending nonsensical regulations, and cutting wasteful expenditures, initiatives the American people appear all too happy to see put into action.

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Senator Joni Ernst Releases Scathing Report About Federal ‘Telework’ as Musk, Ramaswamy Visit Capitol

Daily Caller News Foundation
Sen. Joni Ernst

Republican Iowa Sen. Joni Ernst unveiled a scathing report on the effects of telework on the federal government Thursday, citing multiple instances of abuse and failures stemming from the widespread use of the practice.

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‘Cutting Waste Is Not a Partisan Idea’: Trump’s DOGE Secures Support from Dem Lawmakers

Daily Caller News Foundation
Elon Musk and Donald Trump

Elon Musk and Vivek Ramaswamy’s plans to cut waste, fraud and abuse within the federal government’s nearly $7 trillion budget through President-elect Donald Trump’s Department of Government Efficiency (DOGE) is beginning to attract support from a notable group: Democratic lawmakers.

Democratic Florida Rep. Jared Moskowitz is the first Democratic lawmaker to join the House’s DOGE Caucus helmed by Republican Reps. Aaron Bean of Florida and Pete Sessions of Texas, according to a Tuesday press release.

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House Speaker Announces DOGE Leaders Musk and Ramaswamy to Visit Capitol Hill Next Week

Just the News
Mike Johnson, Vivek Ramaswamy, Elon Musk

House Speaker Mike Johnson on Wednesday announced that Vivek Ramaswamy and Elon Musk, who will lead President-elect Donald Trump’s new Department of Government Efficiency (DOGE), will meet with Congress on Capitol Hill next week.

Trump tapped the pair for the roles earlier this month, after promising on the campaign trail to create a taskforce that would rein in government spending and corruption. The department is expected to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” 

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Center for Countering Digital Hate: Ending ‘Disinformation’ While Taking Aim at Musk, Conservatives

Just the News

On Nov. 4, one day prior to the 2024 presidential election, a headline on the increasingly left-leaning news aggregating site The Drudge Report screamed: “Misleading claims have been viewed more than 2 billion times on X.”

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‘It Just Speaks To His Power’: Brian Stelter Frets About ‘Democratic Backsliding’ if Elon Musk Purchases MSNBC

Daily Caller News Foundation

CNN reporter Brian Stelter claimed Sunday that the United States could experience “democratic backsliding” if Tesla CEO Elon Musk were to acquire MSNBC after the Tesla CEO and Donald Trump Jr. joked about buying the network.

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‘DOGE-Ball’: Here’s How the Trump Administration Hopes to Slash the Government

Just the News
Elon and Vivek

President-elect Donald Trump has an ambitious agenda to reduce the size of the federal government, uproot the federal bureaucracy, and limit Washington’s intrusion into the daily lives of the average American citizen. Such goals have long been the aim of many a Republican executive, though few have managed to materially advance them. 

Trump himself struggled to restrict the government in his first term, encountering significant resistance from entrenched executive agencies and congressional Republicans alike. Indeed, newly minted Department of Government Efficiency (DOGE) Co-Chief Elon Musk on Thursday reshared a meme commenting on Republican apprehensions toward budget cuts.

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From Mnuchin to Musk: The Key Figures Who Could Shape a Second Trump Administration

Just the News

Former President Donald Trump’s historic comeback marked the culmination of not just his own efforts, but those of his many surrogates and allies who will likely join him in the White House.

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Pennsylvania Judge Accelerates Elon Musk Giveaway Lawsuit, Will Hold Hearing on Thursday

Admin

A Philadelphia judge on Wednesday rescheduled and relocated a hearing on Philadelphia District Attorney Larry Krasner’s lawsuit seeking to halt Elon Musk’s $1 million giveaway to swing state voters. Krasner sued Musk and his America PAC on Monday, claiming that its $1 million giveaway violated state law because it allegedly operated as a lottery. Under Pennsylvania law, all lotteries must be regulated by the Commonwealth.

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Commentary: The Real Threat to American Democracy

RealClearWire
US Capitol

Heading into Election Day, we hear constantly that the presidential candidates are mortal threats to American democracy. Anxieties about Donald Trump’s role in the Jan. 6, 2021, rampage at the U.S. Capitol and his declaration that he would act as “dictator for a day” are countered by Elon Musk’s warning that if Harris wins, “this will be the last election,” or alarms that Harris’ designs on overhauling the Supreme Court will lead to an end to the rule the law.

The very idea that our republic’s future hangs on the outcome of a single presidential contest, however, reveals the deeper, unacknowledged, underlying danger: a Congress incapable of performing its constitutional duties as our country’s lawmaking body and the guarantor of our representative democracy.

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Trump Packs Madison Square Garden in Blue State Push, Unveils New Family-Friendly Tax Break

Just the News

Rising in the polls and exuding confidence, Republican Donald Trump filled New York City‘s iconic Madison Square Garden with cheering MAGA supporters Sunday night in an historic effort to compete in blue territories and sweep control of the White House and Congress just 10 days from now.

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‘Take the Red Pill:’ Musk’s Support for Trump Follows Wave of Government Probes into His Companies

Just the News

As Elon Musk ramps up his $1 million-a-day support for Donald Trump, what appears to be a record of progressive harassment of his many companies may explain how the world’s richest man went all-in for Republicans.

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Maduro Accuses Elon Musk of Spending $1 Billion to Orchestrate Anti-Communist Coup in Venezuela

ADN America

Venezuelan dictator Nicolás Maduro accused American businessman Elon Musk of investing at least $1 billion to attempt a coup in the South American country.

“Elon Musk invested in the coup d’état, the fascist outbreak, the violence against the electoral process in Venezuela for no less than 1 billion dollars,” Maduro said during his weekly program ‘Con Maduro+’.

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Elon Musk’s X Reinstated in Brazil After Ban

Daily Caller News Foundation

Elon Musk’s X was reinstated Tuesday in Brazil after more than a month-long ban, which a judge issued after the platform refused to block certain accounts the country argued were disseminating false information.

The platform, which has been suspended in Brazil since late August, was reinstated after complying with orders to remove certain accounts, paying fines and appointing a new legal representative in the country, The New York Times reported.

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Commentary: Modern Society Needs Its Renaissance Men (and Women) More Than Ever

American Greatness

The songwriter, actor, country/western singer, musician, U.S. Army veteran, helicopter pilot, accomplished rugby player and boxer, Rhodes scholar, Pomona College and University of Oxford degreed, and summa cum laude literature graduate, Kris Kristofferson, recently died at 88.

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Elon Musk Makes His Largest Known Political Donation Ever to Boost House Republicans

Daily Caller News Foundation
Elon Musk Congress Spending

The National Republican Congressional Committee reported in a Friday filing with the Federal Election Commission that Elon Musk increased his political contributions in August with his largest-known donation to date, Politico reported.

The National Republican Congressional Committee (NRCC) reported a contribution of $289,100 from Musk, aimed at bolstering the Republican efforts to maintain their majority in the House, according to Politico. This donation was funneled through a joint fundraising committee associated with Republican California Rep. Ken Calvert, earmarked primarily for the NRCC’s convention and headquarters activities.

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Judge Declines to Dismiss Elon Musk’s Lawsuit Against Leftist Group Media Matters

Daily Caller News Foundation
Elon Musk

A federal judge declined Thursday to dismiss a defamation lawsuit against Media Matters by Elon Musk’s X.

District Court Judge Reed O’Connor, a George W. Bush appointee, wrote in an order that Musk’s X had “properly pled its claim,” rejecting Media Matter’s effort to have the case tossed. The platform filed its lawsuit in November, alleging that the left-wing watchdog group “knowingly and maliciously manufactured side-by-side images depicting advertisers’ posts” beside content made by white nationalists and neo-Nazis.

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Trump Can Now Deploy Ex-Democrat ‘Power Rangers’ RFK Jr., Musk and Gabbard to Prod Bigger Exodus

Just the News

When Robert F Kennedy Jr. formally divorced the party his family once ruled as kingmakers, he opened the door for more Democrats to follow suit in embracing Donald Trump in 2024 and creating a “unity party” where Americans can disagree and debate without destroying each other.

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Harris Supporting UAW Files Labor Charges Against Trump and Musk after X Conversation

Just the News
UAW International Union

The United Auto Workers (UAW), which formally endorsed Vice President Kamala Harris for president, announced on Tuesday that it filed federal labor charges against former President Trump and Elon Musk after their Monday evening live conversation on the social platform X.

The UAW argued that Musk and Trump tried to “intimidate and threaten” union workers.

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Venezuelan Dictator Suspends X After Sparring with Elon Musk

Georgia Star News Staff
Nicolas Maduro

Venezuela’s dictator Nicolas Maduro temporarily banned X from the country on Thursday after accusing the platform’s owner, Elon Musk, of using it to stoke opposition against him.

Maduro declared himself the victor in the country’s July 28 elections, despite credible concerns that the race was rigged against his political opposition. Musk has been publicly critical of Maduro’s refusal to step down from power, and Maduro has now suspended X from Venezuela in retaliation.

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Advertising Coalition Accused of Censoring Conservatives Disbands amid Lawsuits

Admin

The influential advertising coalition known as the Global Alliance for Responsible Media (GARM) announced their dissolution on Thursday after facing multiple lawsuits from social media companies accusing the group of censoring conservatives, Business Insider reported.

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Trump Blasts Facebook, Google for ‘Wrongly Censored’ Photo of Assassination Attempt

The Center Square
Donald Trump in front of Google headquarters (composite image)

Former President Donald Trump blasted Facebook and Google Tuesday after Facebook admitted it had censored photos of Trump’s assassination attempt, images widely seen as a major moment and rallying point for the Trump campaign.

Users on X, formerly known as Twitter, began posting online this week that Google searches for Trump’s assassination, including the photo, were not being autocompleted like other searches. They also posted screenshots saying that searches for Trump turned up news for Trump’s opponent, Vice President and presumptive Democratic presidential nominee Kamala Harris.

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Musk Denies News Reports He’s Donating $45 Million a Month to Trump-Aligned PAC

Just the News
Elon Musk

Tesla and SpaceX CEO Elon Musk says news reports that he is contributing $45 million a month to a pro-Donald Trump political action committee are false.

“What’s been reported in the media is simply not true. I’m not donating $45 million a month to Trump,” Musk said during an interview Monday with Jordan Peterson, a conservative Canadian psychologist and YouTube star.

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Musk Moving X and SpaceX HQ from California over Parental Notification Law

Georgia Star News Staff
Elon Musk

Elon Musk has announced that X (formerly Twitter) and SpaceX headquarters will be leaving California and relocating to Texas.

The move comes after Governor Gavin Newsom signed a law on Monday requiring school districts to deny parents the right to know when their child is using a different name or pronoun at school.

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Seismic Shift for Trump in 2024 Race as Democrats’ Rhetoric, Presidential Debate, Lawfare Backfire

Just the News
Donald Trump and JD Vance at RNC

A seismic shift has occurred in the 2024 presidential race as the Democrats’ rhetoric, debate performance, and persistent lawfare against former President Donald Trump have appeared to backfire on them, with support for him continuing to increase, including after the assassination attempt.

Trump has been called a “threat to democracy” by Democrats, charged with numerous felony counts in federal and state cases, debated President Joe Biden with CNN moderators, and survived an assassination attempt, all of which have appeared to backfire on Democrats in the presidential race and increase the former president’s popularity as he runs to return to the White House.

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Warning Signs About Secret Service Emerged Months Before Trump Assassination Attempt

Just the News
Secret Service

Driving Vice President-elect Kamala Harris by an undetected bomb. Refusing extra resources for a presidential candidate. Admitting an agent on a White House detail assaulted her supervisor.

Long before the attempted assassination of former President Donald Trump on Saturday night such focused a harsh light on the Secret Service, the presidential security agency was already facing difficult questions about its capability, training, recruitment and emphasis on diversity.

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Election Integrity Becomes More Mainstream Despite Democratic Opposition

Just the News
Voter Registration

Election-integrity policies are increasing gaining mainstream appeal and acceptance, despite Democrats opposing them under their repeated claim that they are only part of right-wing falsehoods.

From preventing non-citizen voting in U.S. elections to voter ID, Democrats have largely opposed a wide range of election integrity policies that a majority of Americans believe are necessary for the security of elections.

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Elon Musk Reportedly Makes ‘Sizable’ Donation to Pro-Trump Super PAC

Georgia Star News Staff
Donald Trump and Elon Musk

Billionaire Elon Musk reportedly made a “sizable” donation to a super political action committee (PAC) helping to elect former President Donald Trump for the 2024 race, according to sources speaking on anonymity to Bloomberg.

The alleged super PAC donation from Musk was to a low-profile group known as America PAC, sources familiar with the matter told the outlet. While it is not confirmed how much the reported donation was for, the PAC is expected to reveal its list of donors on July 15.

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Elon Musk to File Lawsuit, Calls for Prosecution of Perpetrators Behind Ad Throttling

Kaitlin Housler

Billionaire businessman Elon Musk announced Thursday morning he would file a lawsuit against the “perpetrators and collaborators in the advertising boycott racket.”

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Commentary: TikTok and Instagram Turned Me into a Leftist, but X Helped Me Escape

Georgia Star News Staff
Black Lives Matter Rally

Social media plays a significant role in shaping the opinions of those 35 and under — it’s the primary news source for most in that age group, one survey found.

Some stats report that daily screen time for 16- to 24-year-olds is nearly eight hours among females and seven hours among males. To put that in perspective — that’s equivalent to the average time in a school day.

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Elon Musk Reportedly Engaged in Campaign to Influence Elites Against Biden

Georgia Star News Staff
Donald Trump and Elon Musk

Billionaires Elon Musk and Nelson Peltz are reportedly involved in an ongoing campaign in powerful networks to persuade influential business executives nationwide not to back President Joe Biden’s reelection effort, The Wall Street Journal reported on Wednesday.

Musk, who owns social media platform X, is a prominent critic of Biden and has faced many investigations stemming from the current president’s administration since purchasing the company, which was formerly called Twitter. Musk and others who share his political views have been organizing meetings to target Biden, according to individuals familiar with the discussions, the WSJ reported.

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Billionaire-Funded Media Matters Lays Off Staff

Peter D'Abrosca

A far-left media organization, initially funded by billionaire George Soros and known for labeling conservatives as “racists,” has laid off several of its staff members. 

“We’re confronting a legal assault on multiple fronts and given how rapidly the media landscape is shifting, we need to be extremely intentional about how we allocate resources in order to stay effective,” said Media Matters president Angelo Carusone. Nobody does what Media Matters does. So, we’re taking this action now to ensure that we are sustainable, sturdy and successful for whatever lies ahead.”

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Labor Board’s Pro-Union Ruling Could Have Devastating Consequences for Free Speech

Georgia Star News Staff
Construction worker

A judge with the National Labor Relations Board (NLRB) last week ruled in favor of a case that has serious implications for free speech by employers when talking about unions, legal experts told the Daily Caller News Foundation.

Judge Brian Gee found that the NLRB was correct in its assertion that certain comments made in interviews in 2022 by Amazon CEO Andy Jassy violated federal labor law amid a national unionization campaign at the company. Jassy’s comments were about how union members would be “better off” without a union because there would be less red tape between employees and management, and came as the Biden administration has pushed to promote unionization. However, the judge’s decision could significantly chill free speech.

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Tesla Reports One of Its Worst Quarters in Years in Latest Sign of Trouble for EV Market

Georgia Star News Staff
Tesla Factory

Tesla disclosed a shaky earnings report to the public on Tuesday in the latest sign of weakness in the U.S. electric vehicle (EV) market.

The EV maker’s revenue for the first quarter of this year came in nearly 10 percent below its revenue for the first quarter of 2023, marking the largest decline the company has seen since 2012, according to its quarterly report and CNBC. Tesla’s net income also fell by about 55 percent relative to 2023, and the company warned investors that “volume growth rate may be notably lower than the growth rate achieved in 2023.”

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