Table of Contents

• Amazon

• Tesla

Top Stories Today

Amazon

Amazon has reportedly submitted a last-minute bid to acquire TikTok’s U.S. operations from its Chinese parent, ByteDance, just days before a government deadline that could force the app’s removal in the U.S. The offer was sent to Vice President JD Vance and Commerce Secretary Howard Lutnick, but insiders say the proposal is unlikely to be taken seriously due to its timing. The fate of TikTok remains uncertain, with a decision from President Trump expected soon. TikTok has become a key player in online shopping, making it a potentially valuable acquisition for Amazon, which had previously launched and discontinued its own short-form video feature. The two companies had recently partnered to allow TikTok users to make purchases on Amazon directly through the app, a move that raised national security concerns.

Tesla

Tesla stock closed more than 5% higher on Wednesday after Politico reported that Elon Musk may soon leave his role in the Trump administration’s Department of Government Efficiency and return focus to the company. The gains followed recent losses driven by weaker-than-expected vehicle deliveries for the first quarter. Although the report was later dismissed by the White House and Musk himself, the possibility of renewed leadership sparked investor optimism. Despite the rebound, Tesla shares are still down over 30% year to date, weighed by Musk’s political role, backlash over his influence, and concerns around Trump’s new auto tariffs.

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