Trump and Venezuela’s Acting President Delcy Rodriguez Hold Positive Phone Call 
AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration 
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
AFT Leaves X Over AI-Generated Images of Minors 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
Starlink Internet Remains Active in Iran Despite Nationwide Blackout 
Trump Says He Has No Immediate Plans to Fire Fed Chair Jerome Powell Amid DOJ Probe 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
U.S. Warns All Options Remain on Table as Iran Protests Dominate U.N. Security Council Debate 
Federal Judge Blocks Trump Administration From Cutting $80 Million in Minnesota SNAP Funding 
EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
Tesla (NASDAQ: TSLA) shares jumped 4% Tuesday after U.S. President Donald Trump purchased a new Tesla to support CEO Elon Musk. Trump praised Musk for his leadership and cost-cutting efforts under the Department of Government Efficiency (DOGE), despite growing backlash over layoffs and funding cuts.
“The Radical Left is trying to boycott Tesla, but I’m buying one to show confidence in Elon,” Trump posted on social media Monday. On Tuesday, Musk personally handed Trump a red Model 3 at the White House. While Trump cannot drive as a former president, he said the car would be used by his staff.
Musk lauded Trump’s policies and announced Tesla will double U.S. production within two years. Meanwhile, Tesla faces increasing protests and vandalism in the U.S. and Europe, as critics slam Musk’s perceived ties to right-wing politics. The company’s reputation among climate-conscious, left-leaning consumers is at risk, contributing to its first annual sales decline in 2024.
European sales also plunged in January amid fierce competition from Chinese and local automakers. With Tesla shares down 45% in 2025, analysts remain divided. Morgan Stanley’s Adam Jonas sees potential for a rebound to $800, citing upcoming AI and robotaxi developments. Wedbush’s Dan Ives, however, urges Musk to refocus on Tesla rather than DOGE.
Musk, also leading SpaceX and xAI, insists DOGE is exposing government waste and vows to continue despite mounting challenges. As Tesla navigates brand damage and weak sales, investors are watching whether Trump’s endorsement and future innovations can restore market confidence.
