Tesla plummets 14% in stock’s 11th-worst day ever as Musk’s feud with Trump escalates
Musk has called to “kill” Trump’s policy bill, criticizing the legislation as “massive, outrageous” and “pork-filled.”
Business
Amber Electric secures $45m raise as Australia’s home battery market surges
Australia’s largest residential battery automation product already captures 40% of the growing domestic market. Amber is also looking to provide wholesale energy pricing efficiency in the UK and Europe.
Australia’s quantum mastermind joins Tech Council
Michelle Simmons, CEO and founder of Silicon Computing (and former Australian of the Year), has joined the Tech Council of Australia on its board of directors.
2,450 Australians have a net worth of $46m+ – but a generational shift is looming
Capgemini’s annual report reveals Australia’s richest collectively own 3.3 per cent more than last year, and projects 22 per cent of it will be transferred to beneficiaries in 5 years.
Prisons must provide gender-affirming care for transgender inmates, judge rules—blocking Trump order
Trump issued an executive order blocking federal funds for “the purpose of conforming an inmate’s appearance to that of the opposite sex.”
Japan’s 50 Richest 2025: Uniqlo billionaire Tadashi Yanai’s net worth hits a record high
As a stronger yen propels collective wealth by 14% to $228 billion, Tadashi Yanai’s fortune hits a record high.
‘First in Australia’: Delivery startup banks $1.45m – and puts ‘Bitcoin on the balance sheet’
Last-mile delivery start-up Locate Technologies says it will stash cash in excess of its working capital in Bitcoin.
The top 10 richest people in the world (June 2025)
After a volatile April for U.S. stocks, a guide to which of the world’s top ten richest came out ahead–and whose fortunes fell.
Elon Musk is more unpopular as he leaves Trump administration
Musk’s net favorability rating stands at -14.4, according to Nate Silver’s Silver Bulletin.
How to turn conflict into connection
Conflict, handled well, isn’t a threat. It’s a tool – one of the most powerful in your leadership toolkit.