Tesla has pocketed $11 billion from the sale of regulatory credits to rival automakers needing help to hit tough emissions targets — easy money that could dry up if President-elect Trump rolls back Biden-era regulations.
Why it matters: Tesla's billionaire CEO, Elon Musk, is spearheading Trump's effort to cut government red tape.
Mark Zuckerberg's appearance on the "Joe Rogan Experience" podcast has made it clear that in the increasingly manichean face-off between government and tech, the Facebook founder is firmly on the side of tech.
Why it matters: In doing so, Zuckerberg is implicitly disowning a core part of the history of his own company.
Autonomous trucking companies are at odds with federal safety officials over the best way to warn other motorists when a self-driving truck has stopped on the highway shoulder, and now one of them is taking the fight to court.
Why it matters: The closer autonomous vehicles get to reality, the more obvious the outdated regulatory gaps that must be resolved to ensure everyone on the road remains safe.
Top Biden economistsshared a lesson for the Trump administration and beyond on Friday: Whenever the next crisis arrives, the government should not hold back in its response efforts.
Why it matters: The Biden pandemic bill has been criticized for its size and the role it might have played in the inflation crisis that contributed to the administration's election loss. Still, White House economists warn that doing too little in future crises could be an economic disaster.
As the Los Angeles fires continue to burn, Axios spoke with Bill Clerico, former fintech CEO who in 2022 Convective Capital to invest in wildfire tech startups.
What follows is an edited transcrtipt of the conversation:
The Honda Civic hybrid, Ford Ranger and Volkswagen ID. Buzz are the winners of the 2025 North American Car, Truck & Utility of the Year awards.
Why it matters: The selection of a hybrid sedan, a gasoline pickup truck and an electric minivan as the industry's best vehicles offers proof that consumers have a multitude of choices when it comes to car buying.
The Venu Sports streaming service from Disney, Fox and Warner Bros. Discovery will not be launching after all.
Why it matters: Venu's path had seemed to clear after Fubo dropped its lawsuit as part of its deal with Disney to merge their live TV streaming businesses.
The U.S. economy added 256,000 jobs in the final month of 2024, while the unemployment rate ticked down to 4.1%, the Labor Department said on Friday.
Why it matters: Hiring unexpectedly roared in December, capping a year of resilient labor market conditions that defied naysayers and kept the economy humming.
Strategic communications firm TrailRunner International has expanded its leadership team to keep pace with its continued growth, the firm first told Axios.
It's a well-established fact that if you're drinking expensive wine, the best way to maximize enjoyment of it is to be sure that you know what you're drinking.
So it's worth asking why the very people who helped establish that fact have continued to blind their wine for 40 years.
Why it matters: As evidenced by the revealed preference of some celebrated economists and others, blind tasting can, in the right circumstances, provide long-term benefits that dwarf any short-term returns.
Office vacancies hit a new high last year, with 20.4% of office space in the country's top 50 metro areas empty, per Moody's latest tally.
Why it matters: Though the return to office push picked up momentum last year, plenty of workers are in hybrid or remote setups, and employers don't quite need as much office space as before 2020.
Fact-checking suddenly looks quaint, inadequate and practically irrelevant.
Whole realities — the supposed culprits for the LA inferno, a new MAGA map of the world, a child sex-abuse scandal ("grooming gangs") in Britain — now sweep the internet overnight.
We no longer need fact-checkers. We need reality-checkers.
Why it matters: When President-elect Trump takes office 10 days from now, he'll be more impervious than ever to metaphysical truth — long the purview of traditional, rigorous news reporting.
President-elect Trump understands the U.S. auto industry better now than he did during his first term, says Ford chairman Bill Ford, who's hopeful that Tesla CEO Elon Musk will use his close relationship with Trump to advocate for all automakers.
Why it matters: Trump had a fraught relationship with Detroit carmakers during his first term, and the companies often sparred with the president over labor, trade, tariffs and regulations.
