Elon Musk’s Tesla (TSLA) has issued a stark warning to lawmakers over President Donald Trump’s signature legislative package, the “One Big Beautiful Bill Act,” arguing that its provisions could undermine America’s energy independence and cost the company — and the broader clean energy sector — billions of dollars.

Hours after Elon Musk's farewell ceremony in the Oval Office, a U.S. appeals court denied the Trump administration's request to resume mass firings of federal employees. Meanwhile, President Trump returned to a key battleground state for a rally after declaring new steel tariffs and announcing a deal with Japan's Nippon Steel.

In an Oval Office event with Elon Musk, President Donald Trump said he would like to see a “bigger cut in taxes” in the Senate’s version of the House GOP's budget bill.

Trump and Elon Musk hold a White House press event and a federal appeals court pauses a lower court block on tariffs.

Why is Elon Musk leaving Trump administration? Here's how much money DOGE saved and what it means for possible DOGE dividend refund checks in 2025