The State Department said it planned to embark on a giant purchase of armored vehicles from Tesla, before the listing was edited to omit any reference to Elon Musk’s company.

For years, Elon Musk has talked about Dojo — the AI supercomputer that will be the cornerstone of Tesla’s AI ambitions. It’s important enough to Musk that in July 2024, he said the company’s AI team would “ double down ” on Dojo in the lead-up to Tesla’s robotaxi reveal, which happened in October.

Tesla's Cybercab, or robotaxi, was announced last October and is due to hit the roads in Texas this June as part of a trial roll-out.

The US is preparing to buy $400m (£321m) of “armoured Teslas” even as Elon Musk seeks to cut government spending by billions of dollars.

Why did Elon Musk sell $5 billion worth of Tesla stock? Was it for taxes, investments, or something bigger? Dive into the real reasons behind this massive sale and what it means for Tesla’s future and the stock market!