Tesla rises as Musk reposts some Trump-adjacent tweets

After ending last week with a high-profile breakup between Tesla CEO Elon Musk and President Donald Trump, the stock was struggling again this morning on news of analyst downgrades, sales declines in China, and reports that said Trump wasn’t looking to repair the relationship. However, things seem to have turned around a bit, with the stock closing up nearly 5% amid optimism about the robotaxi launch this week and signs that Musk might be trying to cuddle back up to Trump.

Musk, for his part, deleted some of his more incendiary tweets over the weekend, including ones linking the president to late sex offender Jeffrey Epstein. He’s also been retweeting Trump and Vice President JD Vance, and generally showing support for the administration’s actions in LA.

🇺🇸🇺🇸 https://t.co/cvOsEb45MH
— Elon Musk (@elonmusk) June 9, 2025

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Tesla reports first-quarter earnings Wednesday.

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John Ternus is known for his decisiveness, and he needs to make some big decisions on AI.

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Ternus was considered the front-runner for the job. During Cook’s tenure, he oversaw Apple stock gains of 1,933%, nearly quadrupling the S&P 500.

Chief Executive Officer (CEO) of Apple Tim Cook opens the first Apple store in India's Mumbai

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Report: Google DeepMind builds “strike team” to catch up to Anthropic models

Anthropic’s recent momentum, powered by the success of its popular Claude Code tool, is turning up the heat among its AI competitors — not only for its AI startup peer OpenAI, but also with established Big Tech giants like Google.

The Information reports that within Google DeepMind, a “strike team” has been assembled to make a serious push to improve Gemini’s coding capabilities. According to the report, leaders within Google, including cofounder Sergey Brin, are sounding the alarm after determining that Anthropic’s Claude has superior coding skills. The new team’s goal is to create a AI system that can improve itself.

“To win the final sprint, we must urgently bridge the gap in agentic execution and turn our models into primary developers,” Brin wrote in a recent memo to DeepMind staff.

Google Creates Strike Team to Improve Coding Models

“To win the final sprint, we must urgently bridge the gap in agentic execution and turn our models into primary developers,” Brin wrote in a recent memo to DeepMind staff.

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Tesla’s federal tax bill last year was once again $0, Reuters reports. While past losses and green energy credits helped shrink the bill, Reuters found that Tesla also leaned on a classic corporate maneuver: offshore profit-shifting. By routing intellectual property rights through paper-only subsidiaries in the Netherlands and Singapore, Tesla effectively parked $18 billion in profits overseas between 2023 and early 2025. The entirely legal setup saved Tesla an estimated $400 million in US taxes. Not bad for a company whose CEO is not a fan of “shady” tax loopholes.

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