State Department halts plan to buy $400M worth of armored vehicles from Musk's Tesla
FORT LAUDERDALE, Fla. — The State Department had been in talks with Elon Musk's Tesla company to buy armored electric ...
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State Department pauses $400M armored vehicle deal with Elon Musk's Tesla
The case is a reminder of how much of Musk’s wealth comes from taxpayers. His companies have government contracts worth hundreds of millions of dollars a year.
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Tesla CEO Elon Musk currently has way too much power and has effectively taken over the federal government, but he isn’t invincible. Tesla, the main source of his wealth, is so overvalued, he’s ...
Trump admin abandons $400M purchase of armored Teslas following backlash
The State Department backtracked on plans for a massive Tesla vehicle purchase following public scrutiny.
Tesla faces declining sales in early 2025 amid competition and controversy
Tesla’s sales are off to a rough start in 2025, with significant declines in key global markets. Despite launching the Cybertruck, the company has struggled to maintain demand. Sales data from various ...
Plans to buy ‘Armored Teslas’ vanish from State Department procurement list
The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla Inc. in relation to a planned $400 ...
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State Dept. Halts $400M Tesla Armored Vehicle Plan
Trump administration halts State Department's plans to purchase $400 million worth of armored electric vehicles from Tesla.