Tesla Inc. reported a 13% decline in Q1 2025 vehicle deliveries, producing 362,615 units and delivering 336,681. The decrease is linked to Model Y production line changes and increased market competition. Full financial results are anticipated on April 22, 2025.

Facing new tariffs from President Trump's administration, U.S. retailers are introducing tariff surcharges to offset increased import costs. These fees aim to transparently pass on expenses to consumers, leading to varied reactions amid broader economic challenges.

Elon Musk's AI firm xAI has acquired social media platform X, formerly Twitter, in a $33 billion all-stock deal. The merger aims to integrate xAI's advanced AI capabilities with X's extensive user base, enhancing user experiences and advancing knowledge. Analysts anticipate this consolidation will bolster both companies' positions in the evolving tech landscape.