Author: elonmusk
The Trump administration’s Department of Government Efficiency (DOGE) discovered an identification code linking U.S. Treasury payments to a budget line item, which accounts for nearly $4.7 trillion in payments which was oftentimes left blank.”The Treasury Access Symbol (TAS) is an identification code linking a Treasury payment to a budget line item (standard financial process),” DOGE wrote in a post on X. “In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible. As of Saturday, this is now a required field, increasing insight into where money is actually…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
Tesla has signed a solar energy supply contract with a renewables provider in Spain, set to provide the U.S. company with energy from across three solar sites. On Friday, global renewables provider Zelestra announced in a press release that it signed a power purchase agreement (PPA) with Tesla to supply the company with around 130 GWh of renewable energy per year in Spain. The PPA details a long-term 57 MWac project, with supply coming from three solar plants constructed in Brazatortas, Spain. “We are excited about this agreement with Tesla, which will allow us to supply clean energy to the…
Este artículo también está disponible en español. Solana has faced increasing selling pressure and negative sentiment as the broader meme coin market continues to decline, impacting overall market performance. Analysts suggest that excessive speculation on meme coins is a key reason why altcoins, including Solana, are underperforming compared to Bitcoin. The hype-driven nature of these tokens has led to extreme volatility, making investors more cautious about altcoin exposure. Related Reading Meme coins are now seen as a risk factor for Solana’s ecosystem. A recent rug pull involving LIBRA, a meme coin endorsed by Argentina’s President Javier Milei, has intensified concerns…
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024.Daniel Slim | Afp | Getty ImagesSouthwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called “unprecedented” as the company scrambles to cut costs.The company said it expects savings from the cuts of $210 million this year and about $300 million in 2026. The layoffs will be mostly done by the end of the second quarter and include some senior leadership roles, CEO…
WASHINGTON (AP) — A federal judge on Monday questioned the authority of billionaire Elon Musk and his Department of Government Efficiency but was skeptical of a request to block DOGE from accessing sensitive data and firing employees at half a dozen federal agencies.U.S. District Judge Tanya Chutkan held a hearing on a request from 14 states for a temporary restraining order seeking to curtail Musk’s power in President Donald Trump’s quest to downsize the federal government. Chutkan said she would rule within 24 hours.Trump appointed Musk to lead DOGE in a push to slash the federal workforce and reduce or…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
Recent data shows that electric vehicle (EV) registrations grew substantially in December, amidst uncertainty around whether then-incoming U.S. President Donald Trump would eliminate the $7,500 EV tax credit. According to data from S&P Global Mobility, EV registrations increased 25 percent in December, with total battery-electric registrations rising to 144,070 from 115,217 in 2023 (via Automotive News). EVs also made up 9.9 percent of the overall market share of light vehicles, up from 8.5 percent the prior year. “There’s so much discussion about how EVs have slowed down — and they have — but they certainly have not stopped growing,” said…
WASHINGTON — Rocket propulsion startup Ursa Major is accelerating development and testing of its Draper liquid rocket engine in collaboration with U.S. defense agencies and military contractors. The goal: to position the engine for potential use in next-generation missiles that would be part of the Trump administration’s Iron Dome missile-defense initiative.Ursa Major last year completed ground tests of the Draper engine, developed with U.S. Air Force funding. These hot-fire tests took place at the company’s facilities in Berthoud, Colorado. Now, the company is planning a flight-testing campaign to further mature the design and explore military applications as well as commercial…
Este artículo también está disponible en español. A fresh infusion of liquidity from the US Treasury General Account (TGA) is making waves among market observers, with some analysts speculating this could be a key trigger for Bitcoin’s next major move. While the Federal Reserve continues its Quantitative Tightening (QT) program, the TGA’s latest cash injection—pegged at up to $842 billion—has sparked debate over whether we are witnessing a stealth version of quantitative easing, sometimes referred to as “Not QE, QE.” Fed’s “Not QE, QE” In a post shared on X, macro analyst Tomas (@TomasOnMarkets) offered a breakdown of how this…