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Apple News Today

Musk rages at GOP as he returns to an uncertain business empire

04 Jun 2025

Description

Elon Musk attacks “abomination” GOP bill. As he leaves government, he returns to an uncertain future for Tesla, as the Wall Street Journal’s Becky Peterson explains.  Israel announces its controversial aid center will be closed for the day, as death and chaos continues to surround the distribution sites. Amidst the confusion, the BBC explores what we know and don’t know. The White House grapples with deporting migrants when the home country won’t accept them. NPR’s Ximena Bustillo joins to discuss the administration's new strategy.  Plus, Saudi Arabia balances safety with tourism as the mass pilgrimage to Mecca begins, ICE officials detain the family of the man charged with the Colorado attacks, and. Canada hopes to end a 32 year Stanley Cup drought.  Correction: An earlier version of this episode misstated the valuation of SpaceX. The episode has been updated to remove that detail. Today’s episode was hosted by Shumita Basu.

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Transcription

Full Episode

5.046 - 27.37 Ximena Bustillo

Good morning. It's Wednesday, June 4th. I'm Shamita Basu. This is Apple News Today. On today's show, the controversial Gaza aid site closes for the day as deaths and chaos continue. Trump grapples with deporting migrants rejected by their home countries. And after a 32-year drought, could Canada finally bring home the Stanley Cup?

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34.11 - 55.121 Ximena Bustillo

But first, to Elon Musk, who's been using his newfound freedom from government to openly criticize Congress and the president's agenda. On Monday, he attacked Republicans' signature tax and spending bill as a, quote, outrageous, pork-filled abomination. Musk was, until recently, largely loyal and enthusiastic about the president's agenda.

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55.521 - 59.203 Ximena Bustillo

But in a recent interview with CBS, he alluded to some discontent.

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59.636 - 71.12 Elon Musk

We have differences of opinion. There's things that I don't entirely agree with. But it's difficult for me to bring that up in an interview because then it creates a bone of contention. So then I'm a little stuck in a bind.

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71.5 - 87.966 Ximena Bustillo

With this latest post, Musk appears to be stuck no more. The shift coincides with his return to his business empire, demanding more attention and less controversy. Musk's brief entry into politics appears to have had swift impact on his most famous brand, Tesla.

88.376 - 92.806 Becky Peterson

Tesla has really been through it over the last few months while Musk has been away in D.C.

93.146 - 97.997 Ximena Bustillo

That's The Wall Street Journal's Becky Peterson, who shared a Pulitzer Prize for her recent reporting on Musk.

98.504 - 105.868 Becky Peterson

One of the biggest things that we're seeing right now is a decline in sales, which is hurting its revenue. It's hurting its net profit.

106.268 - 125.619 Ximena Bustillo

She says the car company's decline in sales has been a pattern across the U.S., Europe and China, and that its stock remains volatile and prone to, as she puts it, vibe shifts. Peterson says Musk's political activity is at least partly responsible, especially in states where the once ubiquitous car is now the target of vandalism.

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