The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.

President Donald Trump on Tuesday suggested unleashing the DOGE “monster” on ally-turned-rival Elon Musk while leaving deportation on the table for the world’s richest person. “I don’t know. We’ll have to take a look” at deportation, Trump told reporters Tuesday while touring the “Alligator Alcatraz” for detained migrants in Florida.

The billionaire SpaceX, Tesla and X owner who catapulted his zealous embrace of President Donald Trump into a powerful position slashing government spending now risks sweeping cuts to his own bottom line after resuming the feud that led to their very public bitter split last month.