Elon Musk’s backing of Donald Trump could become an extraordinary act of self-sabotage as Wall Street banks have predicted Tesla sales to rise more slowly than he expected, the Financial Times reported.

Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.

Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump.

U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.

President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.

President Trump's import tariffs, and moves to dampen electric vehicle sales and production has the auto industry in a state of uncertainty.

Feeling burned by the holdover of Obama administration appointees during his first go-around, Trump swiftly exiled Biden holdovers and moved to test new hires for their fealty to his agenda.

I met with the owners of Tiktok, the big owners, it’s worthless if it doesn’t get a permit,” Trump said. “It’s worth like a trillion dollars.”

Tesla, prison operators and other notable "Trump trades" were volatile on Tuesday as investors assessed a blitz of executive orders by President Donald Trump within hours of taking the oath of office.

Palantir co-founder Joe Lonsdale told "The Will Cain Show" that the battle against the "woke mind virus" is not yet "won" despite Big Tech's embrace of Trump.

President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.

The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers