Overview

• Musk wrote on X that he will spend “24/7” working and sleeping in conference rooms to implement major operational improvements at Tesla, X and xAI
• Tesla shares rose about 6% on May 27 after his comments, offsetting an April European sales plunge of 49% attributed to brand damage from his political activities
• He said he will sharply reduce his role at the Department of Government Efficiency, reflecting plans to curb political spending following disillusionment expressed at the Qatar Economic Forum
• The social media platform X experienced two outages this week affecting over 25,000 users, highlighting the need for stronger failover redundancy
• SpaceX’s Starship Flight 9 is scheduled for May 27 launch after hardware fixes and FAA clearance succeeding explosions in January and March