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How Elon Musk Frittered Away Nearly $500 Million on the Midterm Elections

Behind the scenes, the world’s richest person spent a record amount over two years to bend the country’s politics to his will. He couldn’t.

© Jason Henry for The New York Times

Elon Musk has become by far the Republican Party’s biggest megadonor, spending nearly $500 million during the 2025-26 midterm election cycle.

Tesla Is Ending Production of Its Cybertruck and Refocusing on the Cybercab

Production of the electric trucks will stop in the middle of 2027 to make room for increased production of its autonomous ride-share vehicle, Elon Musk said.

© Brandon Bell/Getty Images

Tesla will end production of its electric Cybertrucks next year.

SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas

The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.

© Evan Vucci/Reuters

SpaceX and Tesla, both run by Elon Musk, are based in Texas, where voters elected a Democratic senator and governor.

Putin Breaks Down His Isolation, With a Big Assist From Trump

Notching wins from Washington, the Russian leader is talking with foreign leaders and could return to diplomatic center stage with possible summit meetings.

© Pool photo by Anastasia Barashkova

President Vladimir V. Putin of Russia during a Russia-Africa Summit in Moscow on Thursday.

How Binance’s $6.3 Billion Hack Went Down

A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.

© SeongJoon Cho/Bloomberg

Binance, the world’s largest crypto exchange, said $6.3 billion of funds are involved in what the industry is describing as crypto’s biggest-ever hack.

Talarico Makes Final Election Pitch to Texans: ‘You Are My Slingshot’

The Democratic candidate for Senate has led in polls. But because it’s Texas, he remains the underdog.

© Haiyun Jiang/The New York Times

James Talarico campaigning in Dallas on Thursday. Mr. Talarico’s race against Ken Paxton, the Texas attorney general, may well decide which party controls the Senate.
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