Elon Musk’s Department of Government Efficiency has been Donald Trump’s battering ram during the president’s first 100 days, slashing the federal government and trying to bend its remnants to Trump’s will.

Measured from Trump's inauguration on 20 January, the 130-day limit - assuming Musk, who brags about working weekends, clocks roughly five days a week at Doge - would run out toward the end of May. But scaling back would extend that timeframe. Additionally, the 130-day limit would reset in January 2026.

The stock got a fresh boost on Friday as the US Department of Transportation announced looser rules for self-driving cars.

Tesla (NASDAQ: TSLA) stock hit a new record high shortly after President Donald Trump's election win last November because investors thought a friendlier regulatory environment could help the company bring its autonomous robotaxi and humanoid robot to market more quickly.

He's dialing down his DOGE role but Tesla needs a new hit EV and none is on the horizon. And the company’s booming battery business will suffer from Trump’s tariffs.

Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup and social media business, Bloomberg News reported on Friday,

Elon Musk's xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion,