Billionaire supporters of President Donald Trump—including Elon Musk—spoke out Monday morning and issued warnings about the economy as global stock markets plunged further in response to the escalating trade war.

Elon Musk reportedly made direct but fruitless requests to Donald Trump to lift tariffs over the weekend amid rising tensions in international markets.

The Tesla CEO has been one of Trump's most outspoken cheerleaders — but Musk is not a fan of the tariffs that have shaken global markets.

A divided federal appeals court on Monday put on hold a preliminary injunction that had blocked the U.S. Office of Personnel Management and the Department of Education from turning over sensitive data toElon Muskand his Department of Government Efficiency.

A divided federal appeals court set aside a court order that had blocked the government downsizing team created by U.S. President Donald Trump and led by Elon Musk from seizing sensitive data from the Treasury Department,

Fox News Digital asked Americans how they feel about the efforts of the new Department of Government Efficiency (DOGE) and if they're encouraged by Elon Musk's efforts.