Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump.

U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.

Trump staffers are reportedly angry with Elon Musk for publicly undermining the $500 billion Stargate Project. Musk has questioned the finances behind the AI infrastructure project and used his social media influence to attack one of the project's leaders.

There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.

Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as change. And since the Covid-19 pandemic, more consumers are shopping online or avoiding physical currency altogether .

A gesture associated with the Nazis has a surprising history. But in Germany, there was little doubt about its meaning.