Trump’s schedule President Donald Trump will host Elon Musk at the White House today, a few days after the Tesla CEO said his time in the administration has “come to an end.” Later, Trump will travel to Pennsylvania to tout a partnership between US Steel and the Japan-based Nippon Steel that he says will keep the company’s headquarters in Pittsburgh.

Democrats in particular have argued that Elon Musk and DOGE have no authority to make the spending cuts. We're also following the EU saying its "fully invested" in reaching a deal with the Trump administration to avoid sweeping US tariffs.

Tesla as a company is taking a tremendous hit in the European car sales market, and Elon Musk can look no further than himself as the reason.

Elon Musk’s Tesla secured more than €150 million in public funding from the European Union to develop its infrastructure across the continent. According to internal records disclosed by the European Commission,

Tesla's brand is the focus of a backlash against CEO Elon Musk for his political views and involvement with President Trump's DOGE.

A quarter of Europe-based firms banned Grok AI because it is reportedly spreading false claims, particularly about historical race.

A quarter of European organisations have banned Elon Musk’s generative AI chatbot Grok — a much higher proportion than ChatGPT or Gemini.

Tesla shares jumped Tuesday after CEO Elon Musk said over the weekend that he plans to be "super focused" on his businesses and return to "spending 24/7 at work."

Tesla's EU sales dropped 49% YoY and earnings fell last quarter. TSLA stock trades at 162 times earnings. Read here for an investment analysis.

Today’s Forbes Daily newsletter covers annual Midas List of venture capitalists, Musk’s ROI, Trump extends EU tariffs, Southwest checked bag policy update and more.

(Photo: Elon Musk stands in the Oval Office to attend a press conference with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025. CREDIT: REUTERS/Nathan Howard)