Tesla (NASDAQ: TSLA) shares initially shrugged off a weak earnings report before the stock got caught in the trade-war sell-off. The electric vehicle (EV) maker had a tough year in 2024, although Chief Executive Officer Elon Musk continues to be very upbeat about the future.

In many ways, these have been tough days for Tesla. Falling sales. Squeezed profit margins. Proposed changes in US government policy that could cost the company billions.

Elon Musk's net worth has declined since Donald Trump took office, primarily due to the impact of new tariffs on his companies.

After Palantir's stock and market valuation hit a historic milestone, its CEO and CTO expressed confidence in DOGE's ability to bring "meritocracy, transparency" to government.

Activists, who have been urging a stronger response, waved signs that said “Nobody Elected Elon,” as the party directs its outrage at Trump’s billionaire ally.