Tech
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Rani Molla

Tesla stock jumps on report that Musk may soon be leaving the White House

Just after an unexpectedly low sales report this morning, Tesla investors got some unexpectedly good news: Elon Musk may soon be leaving the White House, giving him more time to focus on his companies.

Politico published a story saying that Musk, Tesla’s CEO, would “soon” be stepping back from his role as “governing partner, ubiquitous cheerleader and Washington hatchet man” at the White House.

Shares of Tesla quickly reversed their losses for the day and were recently up 3.7%.

“The president remains pleased with Musk and his Department of Government Efficiency initiative but both men have decided in recent days that it will soon be time for Musk to return to his businesses and take on a supporting role,” according to the report.

Tesla released underwhelming delivery numbers this morning, pushing the stock down more than 5% as investors lamented the toll Musk’s work at the Department of Government Efficiency was having on the electric vehicle company.

“The more political he gets with DOGE the more the brand suffers, there is no debate,” Wedbush Securities analyst Dan Ives wrote this morning. “This quarter was an example of the damage Musk is causing Tesla.” The idea that Musk spends too much time with his non-Tesla endeavors is one long held by company critics and even Tesla itself. Among the risk factors in its annual report, it says, “He does not devote his full time and attention to Tesla.”

Musk certainly won’t have his attention on Tesla full time after this: he also runs SpaceX, The Boring Co., and a combination of X and xAI. But investors view it as favorable nonetheless.

Trump Tells Inner Circle That Musk Will Leave Soon

Trump Tells Inner Circle That Musk Will Leave Soon

Shares of Tesla quickly reversed their losses for the day and were recently up 3.7%.

“The president remains pleased with Musk and his Department of Government Efficiency initiative but both men have decided in recent days that it will soon be time for Musk to return to his businesses and take on a supporting role,” according to the report.

Tesla released underwhelming delivery numbers this morning, pushing the stock down more than 5% as investors lamented the toll Musk’s work at the Department of Government Efficiency was having on the electric vehicle company.

“The more political he gets with DOGE the more the brand suffers, there is no debate,” Wedbush Securities analyst Dan Ives wrote this morning. “This quarter was an example of the damage Musk is causing Tesla.” The idea that Musk spends too much time with his non-Tesla endeavors is one long held by company critics and even Tesla itself. Among the risk factors in its annual report, it says, “He does not devote his full time and attention to Tesla.”

Musk certainly won’t have his attention on Tesla full time after this: he also runs SpaceX, The Boring Co., and a combination of X and xAI. But investors view it as favorable nonetheless.

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While gaming industry groups may not like it, there’s been a huge change in the methods people are using to put money on the big games, with everyone from fortunate NYC bar owners, to a far less fortunate Spanish supporter, turning to prediction markets to try and turn their sports know-how into cold, hard cash.

According to a new report from Adam Blacker for apptopia, that shift might have been even more seismic than imagined in the wake of the NBA and NHL finals and around the 2026 World Cup kicking off.

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Anthropic pulls Fable and Mythos access worldwide after Trump administration bars their use by foreign nationals

Only days after releasing two versions of its next-gen AI model, Anthropic has disabled them for users worldwide.

Anthropic says it received a Friday night order from the Trump administration to suspend access to the models for any foreign national (anywhere in the world) — a group that included some Anthropic employees. In response, the company turned off access to everyone.

Last week, the company released to the public its much-anticipated Claude Fable 5 model (and its restricted version Claude Mythos 5, which is still being tested with trusted partners). Anthropic said in a blog post announcing the action that officials cited national security concerns with the new models, while offering few specific details.

The post said that the government gave the company “verbal evidence of a potential narrow, non-universal jailbreak” of the public Fable 5 model. A jailbreak is a means by which users can evade restrictions built into the code to unlock prohibited functionality. Anthropic downplayed the significance of the attack, and said other major models, such as OpenAI’s GPT-5.5, could also be affected by the technique described.

Fears of these first Mythos-class models being misused are running high, after Anthropic warned the cybersecurity world in May that the advanced cyber capabilities of Mythos have rapidly discovered thousands of vulnerabilities in ubiquitous software, leading to the decision to restrict the full version of the model to a close group of trusted partners for testing.

This morning, Axios reported that Anthropic technical staff have flown to Washington to meet with White House officials to resolve the issue.

The Wall Street Journal is reporting that the Trump administration’s decision to take action against Anthropic was prompted by discussions that Amazon CEO Andy Jassy had with officials, including Treasury Secretary Scott Bessent. According to the report, Amazon researchers said they had been able to evade some of Fable 5’s security restrictions using specific prompts. Amazon is a major investor in Anthropic.

Anthropic is currently suing the US government to fight the Pentagon’s blacklisting of the company on national security grounds.

Statement on the US government directive to suspend access to Fable 5 and Mythos 5

Statement on the US government directive to suspend access to Fable 5 and Mythos 5

Last week, the company released to the public its much-anticipated Claude Fable 5 model (and its restricted version Claude Mythos 5, which is still being tested with trusted partners). Anthropic said in a blog post announcing the action that officials cited national security concerns with the new models, while offering few specific details.

The post said that the government gave the company “verbal evidence of a potential narrow, non-universal jailbreak” of the public Fable 5 model. A jailbreak is a means by which users can evade restrictions built into the code to unlock prohibited functionality. Anthropic downplayed the significance of the attack, and said other major models, such as OpenAI’s GPT-5.5, could also be affected by the technique described.

Fears of these first Mythos-class models being misused are running high, after Anthropic warned the cybersecurity world in May that the advanced cyber capabilities of Mythos have rapidly discovered thousands of vulnerabilities in ubiquitous software, leading to the decision to restrict the full version of the model to a close group of trusted partners for testing.

This morning, Axios reported that Anthropic technical staff have flown to Washington to meet with White House officials to resolve the issue.

The Wall Street Journal is reporting that the Trump administration’s decision to take action against Anthropic was prompted by discussions that Amazon CEO Andy Jassy had with officials, including Treasury Secretary Scott Bessent. According to the report, Amazon researchers said they had been able to evade some of Fable 5’s security restrictions using specific prompts. Amazon is a major investor in Anthropic.

Anthropic is currently suing the US government to fight the Pentagon’s blacklisting of the company on national security grounds.

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