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Elon Musk's divided attention between Tesla and his role in the Trump administration is raising concerns among investors, who are worried about his commitment to the electric car company and the potential impact on its performance. The uncertainty surrounding Musk's plan to double vehicle production and the ongoing protests and vandalism targeting Tesla are further adding to these concerns.

Rep. John Larson (D-CT) accused Elon Musk and the Trump administration of pushing for Social Security privatization while avoiding public accountability, citing Musk's absence from a congressional hearing and the administration's cuts to the Social Security Administration. Democrats are demanding transparency and accountability, while Republicans defend Musk and the administration's actions.

President Donald Trump has filed an emergency appeal with the U.S. Supreme Court, seeking to limit the authority of lower-court judges who issue nationwide injunctions blocking federal policies. The appeal focuses on his controversial executive order attempting to end birthright citizenship, arguing that nationwide injunctions are becoming a growing problem and hinder the Executive Branch's ability to function effectively.

Mark Cuban is launching a new venture to hire former U.S. Digital Service and 18F employees, aiming to bridge the gap between government and private sector technology initiatives while fostering innovation and efficiency. This move underscores the value of these individuals' unique skill sets and their potential to drive advancements in both sectors.

Cathie Wood, CEO of ARK Invest, remains bullish on Tesla, despite the stock's decline, citing its strong position in the autonomous vehicle race and potential for robotaxis to transform the company into a software powerhouse. However, her flagship ARK Innovation ETF (ARKK) has underperformed the market, raising questions about her investment strategy.