A quick look at Elon Musk’s social media pages makes it clear that he’s more focused on his work in Washington D.C. than anything involving electric vehicles (EVs) or rockets. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 Even as Tesla TSLA prepares to report its Q4 earnings and full-year guidance after market close Wednesday,

Tesla is set to report earnings Wednesday for the first time since President Donald Trump—a close ally of CEO Elon Musk—returned to the White House.

Elon Musk “very much” overstepped his bounds when he criticized a $500 billion artificial intelligence project touted by President Donald Trump, according to a White House official as aides are reportedly “furious” with the tech mogul while allies lament that he “abused the proximity to the president.”

The Trump administration has told around two million federal workers they can resign via email in exchange for a payout. Under plans to drastically shrink the size of the US government and push out civil servants who do not support the Republican, employees were told they could receive eight months’ pay if they took up the offer.

The White House’s Office of Personnel Management sent an email blast Tuesday to federal employees offering them a way to resign with pay through Sept. 30, the most sweeping effort yet by the new Trump administration to shrink the ranks of the federal workforce.

Technology, banking, and oil companies are the biggest beneficiaries of Trump’s policies, in contrast to renewable energy and labor-intensive companies

President Joe Biden’s warnings Wednesday night about social media misinformation, the tech-industrial complex and the concentration of wealth and power struck many as a not-so-subtle shot across the bow at Elon Musk,

“Right now, he’s bulletproof,” a Republican operative said of Musk, the 53-year-old billionaire businessman who is leading Trump’s Department of Government Efficiency. Several Republican insiders and conservative activists, who requested anonymity to discuss both Musk and the president, offered similar views.

Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025.

Tesla reported lower than expected profits Wednesday but confirmed key 2025 benchmarks, saying it will return to sales volume growth and move forward with fully autonomous driving. But Tesla expects growth in 2025,

The billionaire and his Silicon Valley associates landed in the capital and immediately moved to cut the size of the federal government, reprising the playbook he used after buying Twitter in 2022.