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    Business

    Elon, Inc.

    Elon Musk’s sprawling business empire has granted the billionaire a degree of power and global influence that transcends the industries he’s reshaped. He is the leader of no fewer than six hugely influential companies, spanning electric vehicles to wartime communications, and their innovations could shape the fates of nations. 

    Musk is polarizing, confounding and inescapable. And he is the biggest business story of our time. 

    Each week, listen in as host David Papadopoulos convenes a panel of Bloomberg Businessweek journalists who are tracking Musk’s companies and the surprising ways they intersect. They break down the business mogul’s latest moves and analyze what they could mean for us all.

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    Copyright: 2024 iHeartMedia, Inc. © Any use of this intellectual property for text and data mining or computational analysis including as training material for artificial intelligence systems is strictly prohibited without express written consent from iHeartMedia

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    Latest Episodes:
    Another Emergency: What IS Going on With Elon and Trump? Jun 06, 2025
    Show notes

    It didn't take long after our emergency episode yesterday for the beef between Elon and Trump to escalate. The X and Truth Social posts went flying, everyone from Steve Bannon to Kanye West weighed in, and Trump even threatened to sell the Tesla he bought a few months ago. David Papadopoulos and Max Chafkin couldn't wait to dive into the latest news of the feud, and tell us what we should be watching out for next.

    See omnystudio.com/listener for privacy information.


    Emergency Episode: Elon and Trump Are Breaking Up in Public. What Happens Next? Jun 05, 2025
    Show notes

    Minutes after Trump accused Elon of having "Trump Derangement Syndrome" and Elon claimed "Without me, Trump would have lost the election," we are joined by Bloomberg Businessweek reporter Josh Green for a special emergency podcast to talk about whether this breakup will last. Could Elon and Trump reconcile over a less big, less beautiful tax bill? Could Elon flip parties again and join the Democrats? We game out the possibilities.

    See omnystudio.com/listener for privacy information.


    Is Elon’s Political Capital Spent? Jun 03, 2025
    Show notes

    Elon Musk’s highly publicized and arguably brand destructive tenure as President Donald Trump’s would-be hatchet man has supposedly drawn to a close. His foray into politics has resulted in tens of thousands of federal workers losing their jobs, the attempted shuttering or gutting of federal agencies (with grim consequences for the world’s poorest) and a growing pile of lawsuits challenging as illegal much of what he did. Add to that his failed bankrolling of a Wisconsin judicial candidate and growing global disdain for him personally, and it’s no wonder the South Africa-native would want to head back to the office.

    In this episode of Elon, Inc. David Papadopoulos is joined by Max Chafkin and Sarah Frier to analyze just how damaged Musk really is and what his future ambitions might be. After cavorting around Washington and Mar-a-Lago for months, he appears to be rechristening himself as a businessman (instead of Daddy Warbucks of the far-right). Recent interviews with Bloomberg, CBS and the Washington Post certainly make it seem like he wants us to believe that. But on the other hand, his latest X post on the massive Republican spending bill might mean he’s not quite ready to leave the political spotlight.
    The crew also go through a number of Musk news items from last week, including successful fundraising, some confusing Grok deals that might not actually happen and an explosive report from The New York Times regarding his custody battles and alleged ketamine use.

    Finally, the trio tries to figure out the origin of that shiner Musk sported at Friday’s press conference in the Oval Office. He blamed his five-year-old son. Although the parents on the panel find that believable, they also go through a list of other suspects.

    See omnystudio.com/listener for privacy information.


    In Case you Missed It - Everybody's Business: Trump + Crypto May 30, 2025
    Show notes

    Here's an excerpt from Max Chafkin's new podcast Everybody's Business, co-hosted with Stacey Vanek Smith. From now on, if you want to hear the whole episode and all past and future episodes, head to your podcast app of choice and search for Everybody's Business. A handy collection of links can be found here.
    For now, enjoy this conversation with stacy-marie ishmael about President Trump's novel crypto strategy.

    See omnystudio.com/listener for privacy information.


    Is Elon Really Quitting Politics... for Banking? May 27, 2025
    Show notes

    When Bloomberg’s Mishal Husain interviewed Elon Musk last week, it caused quite a stir. This was especially the case when Musk proclaimed, “in terms of political spending, I’m gonna do a lot less in the future.” (Most news reports missed a sly qualification that made this seem more like an ultimatum. But more on that below). Coverage of the supposed end of Musk’s role as Republican Party’s Sugar Daddy added fuel to the ongoing “what will Elon do now?” frenzy. Over the weekend, a substantial outage at his social media platform X may have added some clarity. In response, the serial entrepreneur announced he was going “back to spending 24/7 at work and sleeping in conference/server/factory rooms.”

    Or not. In this episode of Elon, Inc., Max Chafkin brings together Elon Musk reporter Dana Hull and social media reporter Kurt Wagner to discuss whether Musk means what he says about politics, subsidizing the GOP or even going back to work. Is he really leaving politics in the rearview mirror? Or were these statements calculated? Could they be a way for him to intimidate lawmakers who are expecting campaign funds while assuring investors he’s on top of his sometimes struggling companies?

    To round things off, they rank Musk’s most immediate plans on a scale of how likely they are to succeed in the foreseeable future. Will it be X Money? A functioning fleet of “robotaxis?” Or maybe shooting Tesla’s humanoid robot Optimus to Mars? There was some disagreement.

    See omnystudio.com/listener for privacy information.


    In Case you Missed It - Everybody’s Business: Wrestling With Taxes, Robots and Gold May 24, 2025
    Show notes

    Check out the feed of our sister podcast Everybody's Business in any podcast app of your choice. After several week's of cross publishing, in the future you're going to have to head to that feed to enjoy the show. But for now...
    ---
    All the economy is a stage this week, as the “big beautiful” tax bill passed the House in the wee hours of Thursday morning, and millions of college graduates got their diplomas and set off into the the job market, competing with an ever growing army of robot workers.

    In the second episode of Everybody’s Business from Bloomberg Businessweek, hosts Stacey Vanek Smith and Max Chafkin dive into the tax bill, the AI job threat, and the turning of (actual) lead into (actual) gold.

    The tax cut extension still has to pass the Senate, but the House version would add roughly $4 trillion to the deficit over the next decade, and would be, by far, the most expensive policy the Trump administration has enacted. In spite of this, the tax bill has not gotten nearly the attention of other policies, including the Department of Government Efficiency (its cuts have not amounted to even 1% of the federal budget). But all the sound and fury signifying a rounding error is by design according to author and economic journalist Kyla Scanlon. Scanlon says you can learn a lot about the Trump Administration’s economic policies by watching Wrestlemania.

    Then Bloomberg reporter Sarah Frier joins to talk about AI and jobs. Fears are growing in the US workforce that jobs are being lost to artificial intelligence, and a new study estimates up to ⅓ of jobs in developed countries will be “transformed” by AI. Frier looks at what jobs might be under threat and how real the worries are.

    Finally, Stacey and Max talk about a major development in commodities markets. Scientists were able to turn lead into gold! Stacey thinks this could be a turning point for the gold market and all mankind. Max has doubts…after all, all that glitters is not gold.

    See omnystudio.com/listener for privacy information.


    Elon on the Spot, Grok Has a Week May 20, 2025
    Show notes

    Elon Musk was interviewed Tuesday by Bloomberg’s Mishal Husain at the Qatar Economic Forum in Doha. The wide-ranging conversation spanned the multibillionaire’s work on behalf of President Donald Trump and at his “Department of Government Efficiency,” protests against Tesla and a careful assertion that he might wind down his political contributions. The chat turned tense at times, with Musk becoming visibly upset while discussing demonstrators who vandalized Tesla showrooms and how “DOGE” has vastly undershot its promised savings. In this week’s Elon, Inc., David Papadopoulos and Max Chafkin dissect some notable moments from the interview.

    Also on the show, Max goes through the wild week of xAI’s chatbot Grok. First off, the artificial companion spent an entire day talking about “White genocide” in clearly irrelevant responses to unrelated queries. The company then managed to strike a deal with prediction betting site Kalshi and finally ended up in the cloud of arch-nemesis Microsoft. Max has a lot of explaining to do.

    See omnystudio.com/listener for privacy information.


    Elon Musk Live from the Qatar Economic Forum May 20, 2025
    Show notes

    Elon Musk was just interviewed by Bloomberg’s Mishal Husain at the Qatar Economic Forum. It was a sometimes tense exchange that covered everything from DOGE savings, via Tesla protestors, to Elon’s plans to wind down his political contributions. Today’s episode of Elon, Inc. will break down the interview and analyze highlights but for now, you can listen to the whole 40 minutes here.

    See omnystudio.com/listener for privacy information.


    In Case you Missed It - Everybody’s Business: Trump Ruins Christmas May 16, 2025
    Show notes

    Where’s the inflation? With this week’s Consumer Price Index coming in softer than predicted (inflation at its lowest level since 2021, according to government data), a lot of people are wondering why tariffs haven’t pushed prices up. In the debut episode of Everybody’s Business from Bloomberg Businessweek, hosts Stacey Vanek Smith and Max Chafkin tackle President Donald Trump’s trade war, inflation and when the rubber will (if ever) hit the road.

    Consumer spending columnist Amanda Mull takes Stacey on a tariff tour through Target, explaining why import taxes have yet to show up in inflation data and how you’re likely to see them in the future. It turns out flatscreen TVs, pineapples and mascara will all manifest tariffs in different ways. Mull concludes tariffs could very well ruin Christmas.

    Then sports reporter Randall WIlliams joins to talk about why private equity has started buying up sports teams. It turns out teams are becoming more valuable as games dominate live television, attracting bigger audiences (and commanding higher ad rates). That’s got private equity sneaking into the game, pumping up prices and injecting billions of dollars into teams. Randall concludes that private equity won’t ruin sports (but Max and Stacey are skeptical). Finally, for the underrated story for the week, we look at the rising trend of rising sneaker soles. Shoe brands are creating ever puffier soles even as racing authorities try to put restrictions in place. Ultramarathoner Max realizes his beloved sport is in the crosshairs of controversy.

    See omnystudio.com/listener for privacy information.


    An Insider’s View on What Ails Tesla May 13, 2025
    Show notes

    In this week’s episode of Elon, Inc., host Max Chafkin and Bloomberg Elon Musk reporter Dana Hull sit down with Matthew LaBrot, a former Tesla sales manager who made headlines last week following his departure from the company. LaBrot was the man behind the “Tesla Employees Against Elon” website, which consisted of an open letter from an initially anonymous LaBrot criticizing the company’s multibillionaire CEO. He suggested Tesla would be better off continuing its mission without the South Africa native, his antics and the headlines that follow in his wake. Despite recent reports of the company board also having second thoughts about Musk’s performance as CEO, the company seemingly didn’t agree, and took swift action.

    On the podcast, LaBrot outlines why he decided to write the letter, how he came to part ways with the company and how Tesla employees handle, or willfully ignore, “the elephant in the room.” As a former sales manager, LaBrot also spells out the internal struggles of the company as sales started plummeting in tandem with Musk’s far-right turn and association with President Donald Trump.
    Hull and Chafkin also go through a list of additional Musk news from the week. These include a spat with Bill Gates, some good news for the Boring company and the latest example of cross-pollination in the Musk empire: Tesla hardware powering xAI’s supercomputer.

    See omnystudio.com/listener for privacy information.


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