Business & Economy

Texas v Musk: how southern state Democrats won against the billionaire – explainer

Source: Business | The Guardian · Published

Texas v Musk: how southern state Democrats won against the billionaire – explainer
Source: Business | The Guardian

Democrat James Talarico won a Senate seat in Texas, breaking a 38-year drought for his party in the Republican stronghold and delivering a stunning blow to Donald Trump. The race became one of the most expensive Senate contests in US history, with advertising spending topping $50

Democrat James Talarico won a Senate seat in Texas, breaking a 38-year drought for his party in the Republican stronghold and delivering a stunning blow to Donald Trump. The race became one of the most expensive Senate contests in US history, with advertising spending topping $500m, according to estimates. GOP-aligned groups poured hundreds of millions of dollars into efforts to elect Ken Paxton, including substantial funding linked to multibillionaire Elon Musk, whom Talarico accused of trying to buy a Senate seat.

Elon Musk’s nearly half a billion dollars in midterms spending was a flop Five dimensional chess: inside James Talarico’s extraordinary bid to break Texas Democrats’ losing streak Continue reading...

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No more Cybertrucks; Musk moves on from the angular metallic flop
Technology & AI

No more Cybertrucks; Musk moves on from the angular metallic flop

Elon’s Edsel is no more. Last night, Tesla CEO Elon Musk revealed on social media that his car company is ending its failed attempt to wrest control of the American pickup truck market. The Cybertruck will cease production in the middle of 2027, liberating that space in Tesla’s c

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