One of the biggest victims of the tariff selloff, Tesla stock's post-election rally now stands at less than 5% after once enjoying a 90% gain.

The rescissions process could let Congress regularize DOGE cuts, but it could produce another dangerous moment for House Republicans.

Elon Musk's Department of Government Efficiency has canceled the lease for the Barack Obama Presidential Library near Chicago amid DOGE's termination of thousands of federal contracts and hundreds of leases. Newsweek reached out to the Barack Obama Presidential Library via email for comment on Thursday.

The House speaker's embrace of Musk's "algorithms" sounds almost spiritual — as if he were speaking of some infallible, inhuman force.

During a remote appearance at a Morgan Stanley technology conference in San Francisco, Musk said the U.S. government should privatize "as much as possible."

Daylight saving time means the clocks spring forward an hour this weekend. But in an unscientific poll, Elon Musk asked people on X what the U.S. should do with the clocks if the time change was canceled. Of those who responded, 58% wanted an hour later, 42% an hour earlier.

Americans are still in the dark about the scope and scale of what Elon Musk is doing with DOGE, the Department of Government Efficiency, which is working to drastically shrink the size of government by aiming to cut $1 trillion or more in government spending.