Tesla’s problems, Eli Lilly’s weight loss pill, and egg prices surge: Business news roundup

By temporary On Mar 16, 2025 1 0

Image for article titled Tesla's problems, Eli Lilly's weight loss pill, and egg prices surge: Business news roundup — Image: Scott Olson / Staff (Getty Images), Mario Tama / Staff (Getty Images), Photo: Tibrina Hobson (Getty Images), Leon Neal (Getty Images), Dan Kitwood (Getty Images), Spencer Platt / Staff (Getty Images), Andrew Harnik (Getty Images)

A sign with the company logo sits on the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana

Image: Scott Olson / Staff (Getty Images)

Eli Lilly (LLY) believes its experimental weight-loss pill could make GLP-1 treatments more accessible worldwide.

“We feel that a product like an oral, orforglipron, could serve a significant amount of patients globally,” Eli Lilly CFO Lucas Montarce said Monday at the Leerink (SIVB) 2025 Global Healthcare Conference.

Mark Cuban delivers a speech as he’s inducted into the SXSW Hall of Fame on March 10, 2025.

“Shark Tank” star and entrepreneur Mark Cuban knows a thing or two about getting a new business up and running. His next venture may be hiring the workers laid off by Tesla (TSLA) CEO Elon Musk’s Department of Government Efficiency (DOGE).

The latest in a series of posters critical of billionaire Elon Musk is displayed after being unofficially installed on a bus shelter on March 12, 2025 in London, England.

Tesla (TSLA) has suffered major reputational damage over the last few months on a scale never seen before in the automotive industry, according to JPMorgan Chase (JPM) analysts.

Protesters stands outside a Tesla showroom in West London during a “Tesla Takedown” protest on March 08, 2025 in London, England.

Tesla (TSLA) is struggling — and Elon Musk’s politics are to blame.

“With great difficulty,” is how Musk described running his legion of companies on Monday, as more and more of his time gets devoted to the Department of Government Efficiency (DOGE).

Donald Trump will ‘burn’ Elon Musk soon, Anthony Scaramucci predicts

One of the biggest questions surrounding Elon Musk and President Donald Trump’s partnership is whether it will last. One of the president’s former, short-lived advisers has a clue.

Brazil is doubling the amount of eggs it exports as the U.S. tackles shortages caused by bird flu.

The ABPA, a Brazilian industry group that represents egg and meat exporters, said it will be doubling international egg shipments, shipping out up to 35,000 tons in 2025, according to Bloomberg. Last year, it exported about 18,000 tons of eggs, and the new number is already 67% more than it forecast in December.

President Donald Trump and White House Senior Advisor, Tesla and SpaceX CEO Elon Musk depart after looking at Tesla vehicles on the South Lawn of the White House on March 11, 2025 in Washington, DC.

One of Tesla’s (TSLA) biggest backers on Wall Street is warning that investors are running out of patience with Elon Musk’s lack of focus — and he needs to “step up” as CEO.