Tesla stock sinks after Elon Musk announces new political party
Tesla stock price fell Monday after Musk said he's formed the America Party, the latest development in the billionaire's feud with President Trump.
Elon Musk
Musk vows to start a new political party. Here's why that's harder than it sounds.
Billionaire Elon Musk is floating a new political party dubbed the "America Party" — but the idea could face major hurdles.
Trump ally starts super PAC to fight Musk
An ally of President Trump has launched a super PAC to combat Elon Musk after the billionaire threatened to create a third party over frustration with the Republican budget bill. Sophia Cai, White House reporter for Politico, and Robert Costa, CBS News chief Washington analyst, join "The Takeout" to discuss.
Tesla's sales tumble amid Musk backlash and mounting competition
Tesla second-quarter sales slid more than 13%, but saw stronger-than-expected demand for Models 3 and Y vehicles.
Reporter's Notebook: Crying wolf on budgets
Elon Musk has challenged President Trump's budget plans over fears of runaway spending. Are his fiscal concerns, and those of some other politicians, performative? "CBS Evening News" co-anchor John Dickerson explains.
Trump tours "Alligator Alcatraz" site
President Trump visited a new immigration detention facility in Florida on Tuesday that Republican officials have dubbed "Alligator Alcatraz." CBS News' Manuel Bojorquez and Nancy Cordes have the latest.
Could Vance benefit from the Trump-Musk feud?
Elon Musk has renewed his attacks on President Trump's budget bill. Vice President JD Vance, meanwhile, cast the tie-breaking vote in the Senate on Tuesday, sending the legislation back to the House. Political strategists Hyma Moore and Rina Shah join "The Takeout" with analysis.
Trump threatens Musk's subsidies
President Trump alluded to eliminating Elon Musk's subsidies after the Tesla CEO criticized the Republican reconciliation bill. Also, Federal Reserve Chair Jerome Powell continues to face pressure to lower interest rates. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Tesla shares sink as Musk and Trump renew feud over spending bill
Tesla shares have taken a hit as the world's richest person and President Trump continue to exchange jabs over the spending bill.
Senate continues marathon voting
Senate lawmakers continued their marathon voting on amendments to the Republican reconciliation bill through the night. This comes as the White House pushes for Congress to meet President Trump's self-imposed Independence Day deadline. Also, Mr. Trump and Elon Musk are clashing online again over aspects of the bill. Juliegrace Brufke, a Capitol Hill reporter for 24sight News, joins with updates, while CBS News' Natalie Brand has the latest from the White House.
Trump threatens Musk subsidies after Musk again targets Trump's budget bill
President Trump again targeted Elon Musk, attacking the amount of government subsidies Musk is receiving after Musk renewed criticism of the president's flagship spending bill.
Musk suggests he may support primaries against Republicans backing budget bill
Elon Musk, the world's richest person, reignited his criticism Monday of the Trump-backed One Big Beautiful Bill Act.
Blue Origin rockets 6 astrotourists on sub-orbital flight to space
Running a week late because of weather, it was clear sailing Sunday for Blue Origin's 13th passenger flight.
Musk renews attacks on "big, beautiful bill," says it will "destroy millions of jobs"
The Tesla and SpaceX CEO also posted that the bill would be "political suicide for the Republican Party."
Traffic safety watchdog looking into erratic driving by Tesla robotaxis
Traffic safety regulators are investigating after videos surfaced showing Tesla robotaxis being tested in Texas driving unpredictably.
Tesla to debut robotaxi service in Austin, Texas, today
Tesla is giving a select group of people the chance to try out its robotaxis this weekend in Austin, Texas.
SpaceX Starship explodes in Texas
A SpaceX Starship exploded at the company's Starbase launch site in Texas, bursting into a massive fireball. Jason Allen has more.
SpaceX Starship upper stage explodes during countdown to engine test firing
A SpaceX Starship upper stage exploded during ramp-up to an expected engine test firing at the company's Starbase facility on the Texas Gulf Coast. It's an apparent major setback for the program.
Watch: SpaceX Starship explodes
A SpaceX Starship rocket exploded on a Texas launch pad before a planned flight test. CBS News' Bill Harwood has more on the latest hurdle for Elon Musk's company.
SpaceX Starship upper stage blows up
A SpaceX Starship upper stage blew up before an expected engine test firing in Texas, apparently destroying the rocket. CBS News' Michael George reports.
Trump reacts to Musk's budget bill criticism
President Trump is reacting to Elon Musk's escalating criticism of the budget bill, saying he is "very disappointed" in the entrepreneur's comments and saying he may no longer have a great relationship with the former "special government employee." Mr. Trump made the comments during his Oval Office meeting with German Chancellor Friedrich Merz. CBS News' Nancy Cordes reports.
More on trade framework between U.S., China
The Trump administration says it agreed to a framework for a trade deal with China. Plus, new data from the Labor Department shows inflation rose less than expected last month. CBS News' Olivia Rinaldi and Kelly O'Grady have more.
GOP senators find $1 billion in budget bill
Senate Republicans uncovered a mysterious $1 billion in President Trump's budget bill and the lawmakers say they don't know what it's for. Shelby Talcott and Tyler Pager, White House correspondents for Semafor and The New York Times, respectively, join "The Takeout" to discuss.
Musk says he regrets some of his posts on Trump, conceding they "went too far"
Elon Musk says he regrets some of his recent criticisms of President Trump, in the wake of their public falling-out last week. Musk says some "went too far."
DNC chair talks to David Hogg in leaked audio
In a leaked recording of a Democratic National Committee meeting obtained by Politico, party Chair Ken Martin expressed frustration with Vice Chair David Hogg over continued infighting. CBS News legal contributor Jessica Levinson, NOTUS congressional reporter Daniella Diaz and CBS News political reporter Hunter Woodall join "The Takeout" to unpack the latest political headlines.
Trump, Clinton seen in new batch of Epstein photos released by Democrats
Democrats on the House Oversight Committee on Friday released 19 photos from a trove of images obtained from the estate of Jeffrey Epstein.
Former Michigan coach Sherrone Moore charged with home invasion, stalking
Two days after he was fired as head coach at the University of Michigan, Sherrone Moore was charged Friday in connection with what authorities have said is an assault investigation.
Historic preservation group sues Trump over White House ballroom project
"No president is legally allowed to tear down portions of the White House without any review whatsoever," said the National Trust for Historic Preservation in its lawsuit.
Commander overseeing U.S. military forces in Caribbean relinquishes command early
Adm. Alvin Holsey relinquished command Friday in a ceremony at U.S. Southern Command headquarters after announcing early retirement amid U.S. buildup off of Venezuela.
Trump says leaders of Thailand, Cambodia agree again to stop fighting
"Both Countries are ready for PEACE and continued Trade with the United States of America," President Trump said on Truth Social.
Erika Kirk has a "call to action" for parents
Charlie Kirk's widow Erika Kirk tells CBS News that it's easy to blame others for political violence, but she has a message for parents.
Family who lost home in flooding just moved there due to mom's cancer
"The only clothes I got is just my pajamas," 7-year-old Jocelyn Rosas told CBS News' Carter Evans, as flooding devastated parts of Washington state.
Exclusive
Trump to honor "Miracle on Ice" U.S. Olympic hockey team in bill-signing today
President Trump will host members of the 1980 U.S. Olympic men's hockey team — famous for defeating the Soviet Union in the "Miracle on Ice" — at a bill-signing Friday, CBS News has learned.
Kilmar Abrego Garcia leaves ICE detention after judge ordered release
A federal judge in Maryland on Thursday ordered Kilmar Abrego Garcia's immediate release from Immigration and Customs Enforcement custody.