Elon Musk's Department of Government Efficiency (Doge) - set up to cut US government spending - claims to have saved, on average, more than $10bn a week since President Trump entered office. "We're talking about almost $200bn and rising fast," Trump told the BBC when talking about Mr Musk's cost-cutting drive on 23 April.

AmeriCorps has become the latest target of Elon Musk’s Department of Government Efficiency, with $400 million in grants on the chopping block. According to The Washington Post, DOGE has ordered the national service program deploying thousands of volunteers across America to terminate nearly 41 percent of its total 2025 funding.

Elon Musk said he would keep doing part-time work for the Trump administration beyond next month, raising more questions about his role and whether the White House is following the rules.

Elon Musk said Waymo can't compete with Tesla in part due to costs. Ex-Waymo CEO John Krafcik told BI those concerns are "trivial."

A sobering quarterly report puts more prssure on Tesla’s chief executive to make good on his promises for fully autonomous vehicles.

Tesla stock (TSLA) has been under pressure for months, weighed down by concerns over the electric vehicle maker's profitability, a delayed robotaxi timeline, and questions about CEO Elon Musk’s focus.