Investors are winding down a volatile but winning week as President Trump’s trade war continues with China in the crosshairs, Elon Musk officially ends DOGE duties, U.S. Steel, Nippon Steel deal proceeds.

The Tesla DEO allegedly "shoved" Treasury Secretary Scott Bessent during a heated exchange, according to Steve Bannon.

The militarization of space continues to gain momentum. One of the world’s leading space powers, China, is developing a new robotic defense system for its Tiangong space station. The space system will utilize autonomous vehicles capable of intercepting and latching onto suspicious spacecraft.

The billionaire has made clear he is frustrated with the obstacles he encountered as he tried to upend the federal bureaucracy.

NBC News reported that Musk’s monthslong stint as a special government employee tasked with slashing federal spending formally ended Wednesday evening. He has served the designated 130 days out of 365 in the year as a special government employee.

Nvidia results pleased investors and eased fears over China tariffs and separately a court ruled President Trump’s tariffs are illegal with the White House vowing to appeal and Elon Musk is officially done with DOGE.

More uncertainty surrounds President Donald Trump’s tariffs as a new week begins. Meanwhile, the White House is ramping up its halting efforts to secure ceasefires in Gaza and Ukraine. Follow for live updates on the administration.

Tesla’s sales in Europe plunged in April as the electric car maker faced backlash over Elon Musk’s political work and rising competition from China-based rival BYD. Tesla sold just 7,261 cars in the region last month – down from 14,

Elon Musk’s tenure as a special government employee ... that Musk would receive a briefing on potential war plans with China. But Trump embraced Musk’s businesses regularly in recent months ...

World’s richest man says he no longer ‘sees a reason’ to focus so much of his time and investment in public affairs

Mr. Musk, who says he will devote more time to his private companies, never came close to achieving his goal of cutting $1 trillion from the federal budget.