Bloomberg News Now 23 July, 2025: WSJ: Trump in Epstein Docs, Musk's 'Rough' Tesla Warning, More
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Jul 24, 2025 Dive into the tangled web of legal drama surrounding Ghislaine Maxwell and Trump’s alleged ties to Jeffrey Epstein, raising eyebrows with the White House's mixed signals. Shift gears to the corporate world, where Tesla faces a revenue dip while Alphabet shines with its AI investments. Additionally, hear insights on U.S. trade negotiations with South Korea and Japan, and a significant ruling concerning Trump's birthright citizenship order.
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Maxwell's Subpoena Signals Heightened Scrutiny
- Ghislaine Maxwell is being subpoenaed by the House Oversight Committee for deposition in August.
- This move shows increasing Congressional and DOJ interest in Epstein-related investigations without former president involvement.
Trump's Name in Epstein Files
- President Trump's name appeared in the Epstein files, as warned by Attorney General Pam Bondi.
- The White House gave mixed reactions, first denying then not outright rejecting his inclusion in these documents.
Tesla’s Rough Quarters Ahead
- Tesla’s Q2 earnings missed expectations with a 12% revenue decline, marking its sharpest drop in over a decade.
- Elon Musk warned of potentially 'rough' quarters but expects strong economics by the end of next year with scaled autonomy.