• Five Waymo vehicles were set on fire during protests in LA about Trump's immigration crackdown.
• The company suspended service in downtown LA, a spokesperson confirmed to BI.
• Waymo doesn't think the vehicles were intentionally targeted and is working with the LAPD.

Waymo suspended robotaxi service in downtown Los Angeles on Sunday after five vehicles were set on fire during protests against President Donald Trump's immigration raids in the city.

Photos show Waymo cars covered in anti-ICE graffiti burning in the street, engulfed in smoke.

A spokesperson for Waymo confirmed to Business Insider that five vehicles had been vandalized during the protests. The company temporarily suspended service in downtown LA and doesn't think its vehicles were intentionally targeted, the spokesperson said. Waymo is working with the Los Angeles Police Department, they added.

On Sunday night, the LAPD said on X that "burning lithium-ion batteries release toxic gases." Electric vehicles often use lithium-ion batteries.

The spokesperson told BI that Waymo, which Alphabet owns, operates more than 300 vehicles in LA and is continuing operations in other parts of the city.

It's not the first time that Waymo vehicles have been targeted in California. Last year, a crowd in San Francisco set one of the robotaxis on fire during Lunar New Year celebrations amid a wave of distrust about driverless vehicles.

The protests broke out on Friday after an immigration raid in the city. Over the weekend, Trump bypassed California Gov. Gavin Newsom's authority and ordered 2,000 National Guard members to the LA area. Despite the dramatic images, the protests have largely been peaceful, according to multiple reports.

The demonstrations have become a political lightning rod between Newsom and Trump, and the governor has announced that he's suing the administration. They may, however, serve as an olive branch between the president and Elon Musk, who had an ugly falling out last week.

• Elon Musk and Donald Trump have had a tumultuous relationship over the years.
• While the two traded barbs during Trump's first presidency, they've become political allies.
• Musk officially joined the administration, but recently criticized Trump's "big, beautiful bill."

Elon Musk and Donald Trump have had something of an on-again-off-again relationship over the years.

The world's richest person and the two-time president of the United States weren't always close, but became singular political allies, with Musk calling himself "first buddy" following Trump's 2024 victory and donating more than $200 million toward pro-Trump super PACs.

At the beginning of Trump's second term, Musk was frequently seen on the president's side and served as the de facto head of the White House DOGE office, the cost-cutting initiative that made waves throughout the federal government.

In May, Musk started to separate himself somewhat from Trump, saying he'd devote more time to his businesses and spend less money on politics.

By early June, it appeared that their relationship was blowing up in real time as the two publicly disagreed over the "Big, Beautiful Bill."

Here's how the two billionaires reached this point.

November 2016: Musk says Trump is 'not the right guy' for the job

Just before the 2016 presidential election, Musk told CNBC he didn't think Trump should be president. 

"I feel a bit stronger that he is not the right guy. He doesn't seem to have the sort of character that reflects well on the United States," Musk said. 

The billionaire added that Hillary Clinton's economic and environmental policies were the "right ones."

December 2016: Musk appointed to Trump's advisory councils

After he won the presidency, Trump appointed Musk to two economic advisory councils, along with other business leaders like Uber CEO Travis Kalanick. 

Musk received criticism for working with the controversial president, but he defended his choice by saying he was using the position to lobby for better environmental and immigration policies. 

June 2017: Musk cut ties with the White House in protest of Trump's environmental policies

On June 1, 2017, after Trump announced the US would pull out of the Paris Agreement on climate change, Musk resigned from his roles on presidential advisory boards. 

"Climate change is real. Leaving Paris is not good for America or the world," Musk said in a tweet announcing his departure.

Musk's goal for Tesla is to curb dependence on fossil fuels through electric vehicles, solar power, and stationary energy storage. 

January 2020: 'One of our great geniuses'

During a January 2020 interview with CNBC, Trump praised Musk's accomplishments and intelligence. 

"You have to give him credit," the former president said, referring to Tesla becoming more valuable than Ford and General Motors. "He's also doing the rockets. He likes rockets. And he's doing good at rockets too, by the way." 

Trump went on to call Musk "one of our great geniuses" and likened him to Thomas Edison. 

May 2020: Trump backs up Musk in feud with California's COVID-19 rules

As the pandemic gripped the US in early 2020, Musk clashed with California public-health officials who forced Tesla to temporarily shut down its factory there. Trump voiced his support for Musk. 

"California should let Tesla & @elonmusk open the plant, NOW," Trump tweeted in May 2020. "It can be done Fast & Safely!"

"Thank you!" Musk replied. 

May 2022: Musk said he would reinstate Trump's Twitter account

In May, Musk said he would unban Trump as Twitter's new owner. 

Musk called the ban a "morally bad decision" and "foolish to the extreme" in an interview with the Financial Times. Twitter kicked Trump off its platform following the January 6, 2021, attack on the US Capitol. 

The Tesla billionaire has called himself a "free speech absolutist," and one of his key goals for taking Twitter private was to loosen content moderation. 

July 2022: Trump calls Musk a 'bullshit artist'

In July, Trump took aim at Musk, saying the businessman voted for him but later denied it. 

"You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. "I said 'I didn't know that.' He told me he voted for me. So he's another bullshit artist."

On Monday, Musk tweeted that Trump's claim was "not true."

July 2022: Musk says Trump shouldn't run again

Musk stopped short of attacking Trump personally, but said he shouldn't run for president again. 

"I don't hate the man, but it's time for Trump to hang up his hat & sail into the sunset. Dems should also call off the attack – don't make it so that Trump's only way to survive is to regain the Presidency," he tweeted. 

He continued: "Do we really want a bull in a china shop situation every single day!? Also, I think the legal maximum age for start of Presidential term should be 69." Trump is 76 years old. 

July 2022: Trump lashes out

Trump then went on the offensive, posting a lengthy attack on Musk on Truth Social, the social media company he founded. 

"When Elon Musk came to the White House asking me for help on all of his many subsidized projects, whether it's electric cars that don't drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he'd be worthless, and telling me how he was a big Trump fan and Republican, I could have said, 'drop to your knees and beg,' and he would have done it," Trump said in a post that criticized two of Musk's ventures, Tesla and the rocket company SpaceX. 

"Lmaooo," Musk responded on Twitter.

October 2022: Trump cheers Musk's Twitter deal but says he won't return

Following Musk's official buyout of Twitter on Thursday, Trump posted to Truth Social, cheering the deal. 

"I am very happy that Twitter is now in sane hands, and will no longer be run by Radical Left Lunatics and Maniacs that truly hate our country," he said. He added that he likes Truth Social better than other platforms, echoing comments from earlier this year in which he ruled out a return to Twitter. 

On Monday, Musk joked about the potential of welcoming the former president back to his newly acquired platform.

"If I had a dollar for every time someone asked me if Trump is coming back on this platform, Twitter would be minting money!," the Tesla CEO tweeted. 

May 2023: Musk hosts Florida Gov. Ron DeSantis' glitchy debut

Musk and other right-leaning voices in Silicon Valley initially supported Florida Gov. Ron DeSantis. DeSantis ended 2022 as Trump's best-positioned primary challenger. In November 2022, as DeSantis was skyrocketing to acclaim, Musk said he would endorse him. In March 2023, after enduring Trump's attacks for months, DeSantis prepared to make history by formally announcing his campaign in an interview on Twitter.

The initial few minutes were a glitchy disaster. Trump and his allies ruthlessly mocked DeSantis' "Space" with Musk and venture capitalist David Sachs. DeSantis' interview later proceeded, but his campaign was dogged for days with negative headlines.

September 2023: A Trump-style border wall is needed, Musk says

Musk live-streamed a visit to the US-Mexico border on Twitter, which he had rebranded as "X." Musk said that one of Trump's signature policies was necessary during his visit to Eagle Pass, Texas, to get a first-person look at what local officials called a crisis at the border.

"We actually do need a wall and we need to require people to have some shred of evidence to claim asylum to enter, as everyone is doing that," Musk wrote on X. "It's a hack that you can literally Google to know exactly what to say! Will find out more when I visit Eagle Pass maybe as soon as tomorrow."

Like Trump and others on the right, Musk had criticized the broader consensus in Washington for focusing too much on Russia's unprovoked war against Ukraine in comparison to domestic issues like migration. 

March 2024: Trump tries to woo Musk, but the billionaire says he won't give him money.

Trump tried to woo Musk during a meeting at the former president's Mar-a-Lago resort. According to The New York Times, Trump met with Musk and a few other GOP megadonors when the former president's campaign was particularly cash-strapped. After the Times published its report, Musk said he would not be "donating money to either candidate for US President." 

It wasn't clear who Musk meant in terms of the second candidate. He had repeatedly criticized President Joe Biden, who looked poised to be headed toward a rematch with Trump.

July 2024: Musk endorses Trump after the former president is shot

Musk said he "fully endorsed" Trump after the former president was shot during a political rally ahead of the Republican National Convention. The billionaire's endorsement marked a major turning point in his yearslong political evolution from an Obama voter. Days later, it would come to light that Musk pressed Trump to select Ohio Sen. JD Vance as his running mate.

Trump announced Vance as his vice presidential pick at the Republican National Convention.

The ticket, Musk wrote on X, "resounds with victory."

It wasn't just his public support that Musk was offering. In July, The Wall Street Journal reported Musk had pledged roughly $45 million to support a pro-Trump super PAC. Musk later said he would donate far less, but his rebranding into a loyal member of the MAGA right was complete.

August 2024: Trump joins Musk for a highly anticipated interview

Trump, who ended the Republican National Convention primed for victory, stumbled after Biden abruptly dropped out of the 2024 race. The former president and his allies have struggled to attack Vice President Kamala Harris, now the Democratic presidential nominee.

Amid Harris' early media blitz, Trump joined Musk on a two-hour livestream on X that garnered an audience of over 1 million listeners. The conversation covered topics ranging from a retelling of Trump's assassination attempt to illegal immigration to Musk's potential role with a government efficiency commission.

In August, Trump began floating the idea that he "certainly would" consider adding Musk to his Cabinet or an advisory role. The Tesla CEO responded by tweeting an AI-generated photo of himself on a podium emblazoned with the acronym "D.O.G.E"—Department of Government Efficiency.

"I am willing to serve," he wrote above the image.

September 2024: Musk says he's ready to serve if Trump gives him an advisory role

In September, Trump softened the suggestion of Musk joining his Cabinet due to his time constraints with running his various business ventures, the Washington Post reported. However, he also said that Musk could "consult with the country" and help give "some very good ideas."

Musk then replied to a tweet about the Washington Post article, expressing his enthusiasm.

"I can't wait. There is a lot of waste and needless regulation in government that needs to go," he wrote.

He later said on X that he "looked forward to serving" the country and would be willing to do with without any pay, title, or recognition.

October 2024: Musk speaks at Trump rally in Butler, Pennsylvania

Musk joined Trump onstage during the former president's rally, hosted on October 5 in the same location where Trump survived an assassination attempt in July. Musk sported an all-black "Make America Great Again" cap and briefly addressed the crowd, saying that voter turnout for Trump this year was essential or "this will be the last election." 

"President Trump must win to preserve the Constitution," Musk said. "He must win to preserve democracy in America."

The next day, Musk's America PAC announced that it would offer $47 to each person who refers registered voters residing in swing states to sign a petition "in support for the First and Second Amendments."

By October, the PAC had reportedly already spent over $80 million on the election, with over $8.2 million spread across 18 competitive House races for the GOP. 

The Tesla CEO later told former Fox News host Tucker Carlson that he might face "vengeance" if Trump loses the election.

November 2024: Trump wins the presidency and names Musk his administration

Musk was by Trump's side on election night at Mar-a-Lago, helping celebrate his victory.

Nearly a week after his 2024 presidential election win, Trump announced that Musk and businessman Vivek Ramaswamy were chosen to lead a newly minted Department of Government Efficiency (or DOGE, as Musk likes to call it, in reference to the meme-inspired cryptocurrency Dogecoin).

"Together, these two wonderful Americans will pay the way for my Administration to dismantle the Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies," Trump said in a statement. 

It's unclear whether the department will formally exist within the government, though Trump said the office would "provide advice and guidance from outside of Government" and work directly with the White House and Office of Management & Budget.

Musk responded in a post on X that the Department of Government Efficiency will be post all their actions online "for maximum transparency." 

"Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!" Musk wrote. "We will also have a leaderboard for most insanely dumb spending of your dollars. This will be both extremely tragic and extremely entertaining."

Outside of administrative duties, Musk has also attended "almost every meeting and many meals that Mr. Trump has had," the New York Times reported, acting as a partial advisor and confidant. The Tesla CEO also reportedly joined Trump's calls with Ukrainian President Volodymyr Zelenskyy and Turkish President Recep Tayyip Erdogan while both men were at the president-elect's Mar-a-Lago club, where Musk seems to have settled in.

"Elon won't go home," Trump told NBC News jokingly. "I can't get rid of him." 

The two's close relationship has extended to a more personal friendship. Musk was seen attending Trump's Thanksgiving dinner and on the golf course with Trump and his grandchildren, where Kai Trump said he achieved "uncle status."

December 2024: Trump reaffirms he will be the next President, not Musk

While Musk and Trump are both big personalities, the President-elect made it clear that he'll be the one running the country. President-elect Donald Trump dismissed the notion that he "ceded the presidency" to Musk and said that even if the billionaire wanted to be president, he couldn't because he was born in South Africa.

"No, he's not going to be president, that I can tell you," Trump said at Turning Point USA's annual "AmericaFest" in December. "And I'm safe. You know why? He can't be? He wasn't born in this country."

Trump's comments came after Musk flexed his influence to help shut down a bipartisan emergency spending bill earlier that month. Some Republicans questioned why Trump hadn't been more active in derailing the bill, and Democrats baited the President-elect on social media with posts about Musk "calling the shots" and taking on the role of a "shadow president.

Prior to Trump addressing the subject, Trump's team also looked to shut down the idea that Musk is leading the Republican Party.

"As soon as President Trump released his official stance on the CR, Republicans on Capitol Hill echoed his point of view," Karoline Leavitt, a spokesperson for the Trump-Vance transition, told BI. "President Trump is the leader of the Republican Party. Full stop."

January 2025: Musk and fellow billionaires celebrate Trump's inauguration

Trump was sworn into office on January 20. Several tech leaders were in attendance, including Meta's Mark Zuckerberg, Amazon's Jeff Bezos, and Google's Sundar Pichai. The "first buddy" was also front and center for Trump's inauguration.

Musk took the stage to celebrate at an inauguration event at the Capital One Arena, where he sparked accusations over a gesture he made that some said resembled a Nazi salute. Musk denied the allegations.

"Hopefully, people realize I'm not a Nazi. Just to be clear, I'm not a Nazi," he said during an interview with Joe Rogan.

February 2025: The White House says Musk isn't running DOGE

Though Musk has been the face of the DOGE effort, White House court filings said he has "no actual or formal authority to make government decisions himself."

In the filing, Musk is described as a senior advisor to Trump with "no greater authority than other senior White House advisors." Officials have also called him a "special government employee."

Trump told reporters they can call Musk "whatever you want."

"Elon is to me a patriot," Trump said in February. "You could call him an employee, you could call him a consultant, you could call him whatever you want."

Later that month, a White House official told BI that Amy Gleason, who previously worked for US Digital Service, is the acting DOGE administrator.

March 2025: Trump buys a Tesla and calls out protesters

Despite court filings and White House officials stating otherwise, Trump told Congress that Musk is the leader of the DOGE office.

"I have created the brand-new Department of Government Efficiency, DOGE, perhaps you've heard of it, which is headed by Elon Musk, who is in the gallery tonight," Trump said during his speech on March 4.

Those questioning the constitutionality of DOGE were quick to respond by letting a federal judge know about their claims that Musk is in charge.

Meanwhile, calls for a Tesla boycott are growing as Musk becomes more involved in Trump's presidency. Protests, boycotts, and vandalism at Tesla dealerships across the US have spread since the beginning of 2025.

Trump stepped in to defend Musk's electric car company on Tuesday, with Teslas on the South Lawn of the White House. In a post on Truth Social, he wrote that he'd purchase a car to show support amid the public outcry.

"The Radical Left Lunatics, as they often do, are trying to illegally and collusively boycott Tesla, one of the World's great automakers, and Elon's 'baby,' in order to attack and do harm to Elon, and everything he stands for," the president wrote.

April 2025: Musk announces he's stepping back from DOGE

Three months into DOGE's mission to reshape the federal workforce, Musk announced that he would be stepping back from the effort. He broke the news during an underwhelming Tesla earnings call, where earnings per share were down 71% year over year.

"Starting next month, I will be allocating far more of my time to Tesla," Musk said during the call. He added that "the major work of establishing the Department of Government Efficiency" had been completed.

At the time, Musk said he would keep spending one or two days each week on governmental duties, so long as Trump wanted him to do so.

May 2025: Musk says he'll be spending less on politics, criticizes the Republican agenda, and announces he's leaving government for good

By May, Musk started to step back from his political activity overall. During an interview at the Qatar Economic Forum, he said he thinks he's "done enough" in terms of political contributions.

"In terms of political spending, I'm going to do a lot less in the future," he said, adding that he didn't "currently see a reason" to pour money into politics. Previously, Musk had said his super PAC would contribute to 2026 midterm efforts.

A few days later, Musk told a reporter that he "probably did spend a bit too much time on politics," and that he'd "reduced that significantly in recent weeks."

Musk took a decidedly more critical tone regarding the overall Republican agenda. In an interview with CBS in late May, he said he wasn't pleased with Trump and House Republicans' "big beautiful" spending bill.

"I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decrease it, and undermines the work that the DOGE team is doing," Musk said.

And then, on May 28, Musk cut ties with DOGE and the Trump administration. The White House confirmed that it had started Musk's off-boarding process.

"As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending," Musk wrote in a post on X. "The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government."

Under federal law, special government employees can't serve for more than 130 days a year. Musk left the administration 128 days after the inauguration.

June 2025: Musk and Trump escalate attacks, after Tesla CEO delivers sharp rebuke against the 'Big Beautiful Bill.'

Days after stepping away from his job in the White House, Musk delivered his harshest criticism yet of the GOP spending proposal called the "Big Beautiful Bill."

"I'm sorry, but I just can't stand it anymore," Musk wrote on X on June 3. "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it."

Some congressional Republicans, including Sens. Rand Paul and Mike Lee, posted that they agreed with Musk. Meanwhile, Trump has consistently defended the bill on Truth Social, including just hours before Musk's critical post on X.

In an interview with CBS News that aired June 1, Musk said, "I'm a little stuck in a bind where I'm like, well, I don't want to speak up against the administration, but I also don't want to take responsibility for everything the administration's doing."

On June 5, the barbs escalated as Musk doubled down on his criticisms and Trump threatened the CEO's businesses.

Musk began to dig up old tweets from Trump, including one where the president said in 2013, "I cannot believe the Republicans are extending the debt ceiling—I am a Republican & I am embarrassed!"

Musk quote-tweeted it with the message, "Wise words," taking a dig at Trump's very different stance on the debt ceiling today.

Trump first shot back with a softer/more diplomatic response, saying that the CEO and he "had a great relationship," but he wasn't sure if it would continue.

The president said Musk was criticizing his bill because of the phase-out of the electric vehicle tax credit, which would likely have repercussions for Musk's Tesla.

Musk shot back within minutes on X, saying that while he thought the EV phase-out was unfair, what he really took issue with was the "MOUNTAIN of DISGUSTING PORK in the bill."

The tone soon took a sharp turn after the president threatened on the same day to terminate the federal contracts that Musk's companies, including SpaceX and Tesla, rely on, and Musk began to take credit for Trump's 2024 electoral victory.

In response to Trump's threat to cancel the government contracts, Musk said on X that he'd immediately decommission SpaceX's Dragon spacecraft, which provides NASA transport to and from the International Space Station.

• I talked to founders at a Tech Week event in New York and most of them were working in AI.
• Despite their excitement about AI, they all said there's a key skill the bots don't have.
• I was surprised by how I felt after all of the AI talk: connected to other human beings.

It's officially Tech Week in New York, when the city cosplays as San Francisco and networking happy hours take over seemingly every bar. On Sunday evening, around 50 founders and investors kicked off the week with a power walk on the High Line — and while pretty much everyone seemed to be discussing AI, they told me that the event itself represented what new technology can't replace.

I arrived at the walk a few minutes early to find a small crowd assembled, the brave wearing athletic shorts in the uncharacteristically cold June weather. As we started to walk, the word 'AI' seemed to dot every conversation I overheard.

Of the six founders I talked to, five of them explicitly marketed their projects as AI companies. All of the AI enthusiasts I talked to, though, independently told me there's one crucial business skill that the technology can't master: interpersonal skills.

"What AI will never replace is human connection, how to deal with people," Somya Gupta, 25, told me. Gupta founded Context just under a year ago, an AI education startup that partners with universities to help professors create fully AI-taught online courses. He said that face-to-face interaction is what makes Tech Week important.

Ben Spray, 21, is the CEO of Consolidated Consulting, a private equity professional services firm, and is working to build another company. His next venture is an AI-powered IT department that he hopes will consume his current startup.

Spray thinks that the humans at his startup outperform AI in two key areas: "Design and emotional intelligence."

AI might be able to produce code, but it can't understand "really, really varied connections," Spray told me.

Matt Bishop, who founded Open City Labs in 2017, told me he's been building AI chatbots "since before it was cool." His company unifies customers' health data from different providers and uses AI to generate personalized care plans. When it comes to certain tasks, AI has been shown to outperform doctors, Bishop, 42, told me.

"But that does not mean I believe that we don't need doctors," he said. Instead, he thinks we need doctors to learn how they can use AI effectively.

I also asked the tech bros — and, yes, they were mainly bros — about whether AI is taking jobs.

Matt Slavik, 36, and Ondrej Illek, 32, founded a recruitment company that uses AI agents, and said they combine their human expertise with the agents' skills to help startups find talent faster. It's essential, though, to maintain a "human touch," Illek said.

These days, that very recruitment process is "really challenging for young people," Bishop told me. It seems like the only way to succeed in a brutal job market is to embrace AI, at least according to those I asked.

Gupta, who founded the AI education company, described himself as an optimist and said most of his friends had recently found jobs. Even he said AI is going to replace inefficient employees, but that those who learn how to work with it can turbocharge their productivity.

As we walked up the west side of Manhattan, I was struck by the number of people that showed up, free from their computers and generally off their phones. Attendees paired off like they would have on a middle school trip — they talked about autonomous robots, but they talked person-to-person nonetheless.

At Tech Week, I somehow still felt the "human touch."

• Many tech leaders tried to get close to Trump after the election, donating to his inaugural fund.
• One expert told BI that, since then, it's been a "rocky road" for Silicon Valley leaders and Trump.
• Here's where some of tech's big names — and businesses — stand with the president a few months in.

Some of the biggest tech leaders tried to get in President Donald Trump's good graces before he took office for a second time, meeting with him at his Mar-a-Lago resort and snagging prime spots at Trump's inauguration.

A few months into his presidency, many of those tech leaders are now dealing with tariffs and other disruptive policies, like immigration restrictions and funding cuts, that could impact their bottom lines.

At the time of writing, Trump had exempted many electronics from the harshest levies on China and instead said they would be moved to a different tariff "bucket" in the future. Yet other tariffs have caused US CEOs to pause spending and hiring, and they could make it more expensive to build AI data centers.

The stocks of all publicly listed companies included here have dropped since the inauguration, as has the benchmark Standard & Poor's 500 index and the tech-heavy Nasdaq Composite.

Darrell West, a senior fellow in the Center for Technology Innovation at the nonpartisan Brookings Institution, said some of the tech leaders have "probably been disappointed."

"The tech leaders had a buddy-buddy relationship with Trump early in the administration, but since then, it has been a rocky road," he said. Moving forward, he anticipates that tech leaders will still try to remain close to Trump, even if it doesn't guarantee returns.

"The fact that he meets with CEOs does not mean that he follows the advice they give him," he said.

Here's where some of the biggest tech leaders — and their companies — stand with the president now.

Representatives for Meta, Nvidia, and Amazon declined to comment to Business Insider. Representatives for the White House and other companies did not respond to a request for comment from BI.

Elon Musk: Tesla, SpaceX, xAI, X, Boring Company, Neuralink

Elon Musk spent at least $277 million backing Trump and Republicans during the election, has influenced policy and personnel decisions, and is the face of the White House DOGE Office — for now.

The world's richest man has remained close to the president in the months since, but his involvement in Washington seems to be waning. Americans are souring on his political involvement, according to public opinion polls, and he has been viewed by some as a political liability. During a Tesla earnings call in April, Musk announced that he would be stepping back from DOGE and devoting more time to Tesla.

Tesla has suffered since Trump took office due to a widespread protest movement and plummeting sales. Musk has publicly criticized Trump's tariffs but said on the earnings call that Tesla is generally "the least affected car company" when it comes to levies. SpaceX could also benefit from new government contracts.

Other than Tesla, Musk's companies are privately held.

Mark Zuckerberg: Meta

Mark Zuckerberg and Trump have a tumultuous history, but the Facebook founder has recently tried to patch things up. The Meta CEO called Trump a "badass" before the election and ended fact-checking on Meta platforms. The company donated $1 million to the inaugural committee.

Court proceedings recently began in the Federal Trade Commission's blockbuster trial against Meta. The government is trying to force Meta to sell Instagram and WhatsApp, arguing that the company operates as an illegal monopoly. Zuckerberg was the first witness and testified for hours.

Before the trial, Zuckerberg tried to have the suit dismissed. The FTC asked for $30 billion to settle, but Zuckerberg offered only about $1 billion, according to The Wall Street Journal.

Meta could also take a hit from tariffs, since Chinese advertisers buy ads on its platforms. The company could lose $7 billion in ad revenue, the Journal reported.

Sundar Pichai: Alphabet

Alphabet CEO Sundar Pichai visited Trump at Mar-a-Lago after the election, and Google donated $1 million to the inauguration fund.

The company hasn't been spared from lawsuits — in April, the Department of Justice kicked off a remedy hearing for Google, where it will decide the company's fate after a previous ruling that it's a monopoly. One proposed solution is separating Chrome, Google's flagship search engine. Google has said it intends to appeal the case, and an executive said in a blog post that the DOJ's proposed solutions are "unnecessary and harmful."

Alphabet, Google's parent company, reported first-quarter earnings on April 24 and exceeded initial revenue expectations despite market volatility.

Jensen Huang: Nvidia

Unlike many of his counterparts, Nvidia CEO Jensen Huang did not attend Trump's inauguration. He spent the day celebrating Lunar New Year with employees in Asia. He met with Trump shortly after, however, and Nvidia donated $1 million to the inaugural committee.

The chipmaker sources many of its semiconductors abroad, primarily in Taiwan, making the trade environment tricky. Yet in a March interview with CNBC, Huang sounded relatively calm about tariffs, saying that he's "enthusiastic" about building in the US and that "in the near term, the impact of tariffs won't be meaningful."

Morgan Stanley said in April that Nvidia was still its "top pick" in the market.

Tim Cook: Apple

Apple CEO Tim Cook personally donated $1 million to the inaugural committee and attended the event. He also had dinner with Trump at Mar-a-Lago after the election.

Apple is vulnerable to tariffs as the company manufactures many of its products in China. Analysts predicted that the original tariffs could massively drive up iPhone prices; It remains unclear exactly how prices will change in the fluctuating trade environment. The company is ramping up production in India.

Democratic Sen. Elizabeth Warren of Massachusetts sent Cook a letter asking for more information about his reported efforts to get specific tariff exemptions. She wrote that they "raise fresh concerns" about corporations' abilities to "gain special favors."

Jeff Bezos: Amazon

In addition to his role as the founder and executive chairman of Amazon, Bezos also owns The Washington Post. During the most recent election, he sparked controversy by deciding that the WaPo wouldn't endorse a candidate.

After Trump won, Bezos had dinner with Trump and Musk at Mar-a-Lago. Amazon donated $1 million to the president's inaugural committee, and Bezos and his fiancée attended the inauguration.

Amazon is facing an ongoing antitrust lawsuit from the FTC and tariffs look set to affect it. Some Amazon sellers have had to raise prices, though a representative for the company previously told BI only a "tiny fraction of items in our store" have been impacted.

Shou Zi Chew: TikTok

TikTok is running up against the clock — Trump has repeatedly paused enforcement of a US ban to try and broker a deal with potential bidders for the company in America.

CEO Shou Zi Chew, the company's CEO, met with Trump in December and attended the inauguration. TikTok spent $50,000 on an inauguration party for Gen Z and influencers that helped spread the president's campaign message. The app's future remains uncertain.

TikTok is owned by ByteDance, a privately owned Chinese company.

Sam Altman: OpenAI

OpenAI CEO Sam Altman personally gave $1 million to Trump's inaugural fund and attended the event. He also visited the White House early in Trump's term to announce Stargate, a $500 billion private-sector AI infrastructure investment that spurred a public spat with Musk.

The company gave the White House recommendations for an "AI Action Plan" due to be submitted to Trump in July and advocated for a light regulatory environment.

OpenAI is a privately held company. At the end of March, it announced a new funding round that put its valuation at $300 billion.

Satya Nadella: Microsoft

Microsoft CEO Satya Nadella didn't attend Trump's inauguration but did congratulate him online, like many other tech leaders. Microsoft donated $1 million to the inaugural fund.