China’s halt this month on exports of magnets containing heavy rare earth metals has affected Tesla’s plans to manufacture Optimus robots.

The restrictions on rare earth minerals and related magnets came in response to Trump’s escalating tariffs and we’re now seeing some direct impact. Tesla’s occasional CEO says his plan to build thousands of Optimus humanoid robots this year is contingent upon the availability of those magnets needed for the robot’s motors.

Tesla's revenue is down 9% from a year ago and shares have plummeted as carmaker misses Wall Street expectations

Chief Executive Elon Musk says he will spend significantly less time on DOGE starting in May. First-quarter net income falls 71%.

Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits. Tesla struggled to sell vehicles as it faced angry protests over Musk’s leadership of DOGE,

Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year. Musk has led the newly created advisory body - the Department for Government Efficiency (Doge) - since last year,