Department of Government Efficiency terminated leases for agencies including the Federal Trade Commission and the Food and Drug Administration.

Republican lawmakers are signaling that they aren't above using federal law enforcement to protect Elon Musk's interests.

Tesla now faces headwinds from the president Musk helped elect. Trump, a frequent EV critic, has called for scrapping EV subsidies and policies that have added billions of dollars to Tesla’s bottom line. Musk has dismissed the impact on Tesla of losing subsidies, saying rivals would suffer more.