President Donald Trump confirmed the deterioration of his relationship with Elon Musk Thursday, saying he was “very disappointed” in the tech billionaire after Musk repeatedly blasted the president’s sweeping domestic agenda bill in recent days.

The double-digit drop is likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash from Musk’s embrace of right wing politics. It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors.

Two law enforcement officials identified the man inside the futuristic-looking pickup truck as Matthew Livelsberger. The officials spoke to The Associated Press on the condition of anonymity because they were not authorized to discuss an ongoing investigation.

Sixteen new models and some of their variations are eligible for all or half of the new credit, while nine models — mostly foreign-made vehicles — are no longer eligible, for now. Most of the eligible cars so far are made by the “big three” EV automakers in the US — Ford, General Motors and Stellantis — plus Tesla.

The administration is linking with additional partners like car rental company Hertz and BP gas stations to bring EV fast charging infrastructure to locations across America, including major cities such as Atlanta, Austin, Boston, Chicago, Denver, Houston, Miami, New York City, Orlando, Phoenix, San Francisco and Washington, DC.

The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4 million needed to reach the company's 50% growth target. Sales grew 40% year over year, while production climbed 47% to 1.37 million.

Twitter Inc. said in a regulatory filing on Thursday that Elon Musk, currently the company’s biggest individual shareholder, has proposed buying the remaining shares of Twitter that he doesn’t already own at $54.20 per share, an offer worth more than $43 billion.

Oscar Mayer is making cold cuts as Kraft Heinz moves its headquarters to Chicago. Tesla may soon be cruising the Mag Mile; while Groupon looks to reverse its fortunes with a new CEO. Joining us with these stories and more is Crain's Chicago Business deputy managing editor Ann Dwyer.