Tesla

Tesla’s stock jumped over 2% in overnight trading to $364 after CEO Elon Musk announced his departure from the Trump administration

Elon Musk says X Money will launch soon in a “very limited access” beta, adding a digital wallet for storing funds and peer-to-peer payments. While it moves X closer to becoming an “everything app,” the lack of crypto—despite Musk’s support—raises questions about its broader appeal.

Last week, X faced its third global outage, affecting users worldwide. With no explanation given, one wonders: Is Elon Musk too busy with his many ventures to manage the platform, or is he simply overwhelmed?

Elon Musk is regretting portioning such a big portion of his money to the Trump campaign, hinting that his friendship with the president has started to turn sour.

Trump’s team has stopped mentioning Elon Musk in online posts and fundraising, as polls show Musk is now less popular than Trump. With Democrats targeting Musk in battleground ads, the silence may signal Trump quietly distancing himself from a fading ally.

Grab and Natix are teaming up to merge crowdsourced mapping with a user-rewarded DePIN model, enabling real-time visual data that fuels fresher maps and key datasets for autonomous systems—advancing geospatial intelligence and decentralised data.

OpenAI has scrapped its for-profit conversion plans and will stay under nonprofit control, restructuring its for-profit arm as a public benefit corporation with uncapped investor returns.

Tesla closed the first quarter holding $951 million in Bitcoin, maintaining its status as one of the largest corporate holders of the cryptocurrency.

Analysts claim that Musk is now at a crossroad, and he has to decide either to save DOGE or his own company, Tesla.

Elon Musk announced he will reduce his involvement with D.O.G.E starting in May, causing Tesla’s stock to rise 5% after the earnings call. This follows D.O.G.E's major federal cuts, affecting agencies tied to Musk’s companies. The key question is whether this shift will help Tesla recover from its tough financial quarter.