Following Elon Musk’s controversial Inauguration Day salute, Tesla’s stock has plummeted over 26 percent, resulting in a roughly $400 billion drop in company value. This decline coincides with growing public and investor dissatisfaction stemming from Musk’s increasingly prominent role in the Trump administration and his management of multiple companies. Concerns about Musk’s “toxicity” and potential negative impact on Tesla’s brand are cited as key factors driving this downturn. Shareholders are divesting, European sales are significantly down, and even retirement fund managers are reviewing Tesla’s valuation.
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Amidst recent air travel safety concerns and following previous FAA job cuts under the Trump administration, Elon Musk appealed to retired air traffic controllers to return to work, citing a shortage of qualified personnel. This call comes despite assurances from the Department of Transportation that critical safety positions, including air traffic control, were not affected by the layoffs. Musk’s statement on X/Twitter highlights a perceived need for experienced controllers, contrasting with official claims. The timing of the appeal coincides with public anxieties over a recent increase in near misses and accidents, though these have been deemed largely anomalous by experts.
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A Chinese victim of human trafficking in Myanmar’s Tai Chang scam compound reported that the facility, known for its brutal conditions, uses Starlink internet to continue its fraudulent activities after its previous Thai connection was severed. This use of Starlink by Tai Chang, and at least seven other similar compounds in the Myawaddy region, was confirmed by mobile phone data showing thousands of Starlink connections. Despite pleas from a Santa Clara County deputy district attorney and a Thai parliamentarian, SpaceX and Elon Musk have yet to respond to requests to address this issue. The widespread adoption of Starlink by these criminal organizations highlights the potential for the technology to inadvertently facilitate large-scale fraud.
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Carlos Slim has terminated his partnership with Starlink, opting instead to invest $22 billion in expanding América Móvil’s telecommunications infrastructure over the next three years. This decision follows public tensions between Slim and Elon Musk, including a controversial tweet alleging Slim’s ties to organized crime. The move represents a significant blow to Starlink, costing it a major Latin American partner and billions in potential revenue. América Móvil’s investment redirects planned Starlink projects to Chinese and European companies, impacting not only Starlink’s financial prospects but also the U.S.’s commercial presence in the region.
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Acting SSA Commissioner Leland Dudek reportedly ordered plans for a 50% agency workforce reduction, potentially closing local field offices. This directive, prompted by alleged improper information sharing with Elon Musk’s team, risks severely disrupting benefits access for millions of Americans. The planned cuts are opposed by advocates and lawmakers who warn of significant delays and denials of benefits, citing the already strained agency resources. Several regional SSA commissioners have already resigned in protest.
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A woman was apprehended attempting to place explosive devices at a Tesla dealership. This act, regardless of the motivations behind it, is deeply concerning. The potential for serious injury or death to innocent bystanders – employees simply trying to make a living – is undeniable. It’s crucial to remember that targeting individuals who are not directly responsible for the actions of a larger entity is simply wrong.
The incident highlights a disturbing trend of escalating actions driven by intense feelings of frustration and anger. While criticism of Elon Musk and Tesla is certainly prevalent, and some may feel justified in their anger, resorting to violence against innocent individuals is never the answer.… Continue reading
The Treasury Department’s Inspector General is conducting an audit of its payment system’s security, prompted by concerns over access granted to Elon Musk’s Department of Government Efficiency (DOGE) team. The audit will review the past two years of transactions, focusing on alleged fraudulent payments, and is expected to conclude by August. This action follows a push by Democratic lawmakers and employee unions for transparency and accountability regarding DOGE’s activities, which include efforts to remove federal workers and access government computer systems. Simultaneously, a lawsuit challenges the administration’s firing of several independent inspectors general and ongoing litigation contests DOGE’s access to Treasury data.
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Facing immense pressure to reduce federal spending by $1 trillion, the DOGE organization has implemented sweeping cuts across numerous federal agencies, including the CDC, CMS, and departments of Education, Commerce, Defense, Energy, and others. These cuts have occurred despite a rise in critical aviation incidents, impacting agencies like the FAA. Many DOGE employees lack Washington experience, raising concerns about the cuts’ impact. Despite this, conservatives appear unconcerned about the organization’s identity and actions.
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During a cabinet meeting, Elon Musk acknowledged that DOGE, while aiming for significant budget cuts, inadvertently and briefly halted Ebola prevention funding in Uganda. He attributed this to the organization’s rapid pace and acknowledged the potential for future errors, emphasizing a commitment to swift corrections. This incident follows previous instances of inaccurate reporting of DOGE’s cost-cutting measures. Despite the error, Musk maintains that Ebola prevention funding was ultimately restored and that DOGE remains on track to meet its financial goals.
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John Q. Hosedrinker 
Matt Underwood