{
}
Elon Musk has criticized Democrats for inciting violence against Tesla through what he describes as left-wing propaganda. In a Fox News interview, he stated that the real issue lies not with the individuals committing acts of vandalism but with those spreading anti-Tesla narratives, which he claims have led to a rise in attacks on Tesla vehicles and personnel. The FBI has launched a task force to investigate these incidents, which Musk equates to domestic terrorism, while also drawing parallels between the backlash he faces and that experienced by former President Trump.
UBS has lowered its 2025 S&P 500 target to below 6,500, reflecting similar moves by other Wall Street firms due to the economic impact of US tariffs. The bank cut its year-end target from 6,600 to 6,400 and reduced its earnings per share estimate from $270 to $265, citing political uncertainty and potential volatility in US equity markets. Despite these challenges, UBS remains optimistic about a rebound in US equities, driven by policy clarity and investment in artificial intelligence.
UBS Global Wealth Management has lowered its S&P 500 target for 2025 to below 6,500, following similar moves by other Wall Street firms due to the economic impact of U.S. tariffs. The firm also revised its earnings per share estimate to $265, citing ongoing policy uncertainty and potential volatility in U.S. equity markets. Despite this, UBS remains optimistic about a market rebound driven by policy clarity and growth in artificial intelligence investments.
UBS has lowered its 2025 target for the S&P 500 to 6,400, reflecting a broader trend among Wall Street firms responding to the economic impact of US tariffs. The firm also reduced its earnings per share estimate for the index to $265, citing political uncertainty and potential volatility in the markets. Despite these adjustments, UBS remains optimistic about a year-end recovery, particularly in the information technology sector, driven by policy clarity and AI investments.
UBS has lowered its S&P 500 target for 2025 to 6,400, reflecting a broader trend among Wall Street firms responding to the economic impact of U.S. tariffs. Despite this adjustment, UBS maintains a positive outlook on U.S. equities, anticipating a rebound driven by policy clarity and AI investments. The firm also reduced its earnings per share estimate for the index to $265, citing potential volatility in the short term due to ongoing policy uncertainties.
Elon Musk's Department of Government Efficiency (DOGE) is reportedly engaging with the U.S. Securities and Exchange Commission (SEC) to gain access to its systems and data. This follows an executive order from President Trump aimed at cost-cutting measures, although Musk's actions have faced legal challenges and concerns from federal officials regarding their legality and approach.The Senate Banking Committee is expected to vote on Paul Atkins, Trump's nominee for SEC chair, who has expressed willingness to collaborate with DOGE, despite lawmakers raising questions about potential conflicts of interest in the crypto sector.
President Trump has pardoned Trevor Milton, the founder of Nikola Motors, who was convicted of fraud in 2022. Milton, once a billionaire and rival to Elon Musk, faced allegations of misleading promotional videos and other misconduct, though he was not charged in those cases. The pardon has raised eyebrows, especially given Trump's history of supporting businessmen accused of wrongdoing.
Elon Musk’s Department of Government Efficiency (DOGE) has begun onboarding staff at the US Securities and Exchange Commission (SEC) to implement spending cuts, following the nomination of Paul Atkins to lead the agency. The SEC is preparing for a reduced workforce, with about 500 employees accepting buyout offers, and plans to eliminate office leases in Los Angeles and Philadelphia. Critics, including US Representatives Maxine Waters and Brad Sherman, have expressed concerns over Musk's influence on the agency, citing his contentious history with the SEC.
The U.S. Securities and Exchange Commission (SEC) is onboarding members of Elon Musk's Department of Government Efficiency (DOGE) following a lawsuit against him for failing to disclose his Twitter shares timely. This initiative aims to enhance efficiency and address waste within federal agencies. SEC staff have been instructed to consult a liaison team before sharing information with DOGE members, emphasizing the need for compliance with ethics and security protocols.
A long-time Tesla owner expresses disappointment in Elon Musk, citing his shift away from clean energy goals and support for Donald Trump, who opposes electric vehicles. The author highlights Musk's controversial actions, including significant stock sales and mass firings at DOGE, which they view as betrayals to Tesla stakeholders and employees.
Donald Trump
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Elon Musk blames left-wing propaganda for rise in Tesla vandalism
17:36 28.03.2025
ubs lowers s&p 500 target amid economic uncertainty and tariff impacts
17:10 28.03.2025
ubs lowers s and p 500 target amid tariff uncertainty and market volatility
17:10 28.03.2025
ubs lowers s and p 500 target amid economic uncertainty and tariffs
17:10 28.03.2025
ubs lowers s&p 500 target amid tariff uncertainty and market volatility
17:00 28.03.2025
Elon Musk's efficiency team targets SEC for potential reforms and access
Tesla, Inc.
USA
Elon Musk
Donald Trump
Paul Atkins
Caroline Crenshaw
Hester Peirce
Mark Uyeda
Show more
16:37 28.03.2025
Trump pardons Trevor Milton founder of Nikola Motors convicted of fraud
16:23 28.03.2025
musk's efficiency team targets sec for spending cuts and workforce reduction
16:11 28.03.2025
sec begins onboarding members of elon musks government efficiency task force
15:58 28.03.2025
Elon Musk's Betrayal of Clean Energy and Tesla Shareholders Explained
15:46 28.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Retail and Consumer Goods
Global Financial Events
Finance Mergers & Acquisitions
CEO Changes
Industry Mergers & Acquisitions
Startups & Entrepreneurship
Financial Scams and Security
Market Analysis and Predictions
Supply Chain Management
Global Trade Developments
Central Bank Actions
Government Economic Policies
Workplace Trends
Government Policies
Energy Sector Developments
European Securities and Markets Authority
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
Barclays PLC
The Goldman Sachs Group, Inc.
Deutsche Bank Money Market PP
Bank of America Corporation
Morgan Stanley
Wells Fargo & Company
Citigroup Inc.
Credit Suisse Strategic Income I
UBS Group AG
Commerzbank AG
UniCredit S.p.A.
Apple Inc.
Amazon.com, Inc.
NVIDIA Corporation
Lloyds Banking Group plc
BNP Paribas SA
Basler Kantonalbank
Google Inc.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Chinese Yuan
Indian Rupee
Japanese Yen
United Arab Emirates Dirham
Canadian Dollar
Swedish Krona
Australian Dollar
Mexican Peso
Hong Kong Dollar
Brazilian Real
Danish Krone
Offshore Chinese Yuan
Singapore Dollar
Thai Baht
Indonesian Rupiah
Kuwaiti Dinar
People: