Bernard Arnault sues Elon Musk over content dispute as EV stocks decline and Apple plans new smart home device

Bernard Arnault is suing Elon Musk over allegations that Musk's social media platform, X, republished content from Arnault's media outlets without permission. This legal dispute highlights tensions between two of the world's wealthiest individuals. Electric vehicle stocks, including Tesla, Rivian, and Lucid, are declining following reports that the incoming Trump administration plans to eliminate a tax credit for electric vehicle buyers. This change could impact consumer incentives for purchasing electric cars. Apple is developing a new smart home device to compete with Google and Amazon. The device will serve as a wall-mounted command center, allowing users to control appliances, access Siri, and make video calls.