Markets have been jittery about who’s pulling the levers of power in Washington this week, but investors finally got some of what they wanted—more Jerome Powell, less Elon Musk.President Donald Trump said he has no intention of firing Federal Reserve Chair Powell—a reversal from earlier comments that suggested otherwise and had pushed stocks lower Monday.

Finally, Musk said Tesla is on track to have thousands of autonomous humanoid robots (called Optimus) working in its factories by year-end. He also informed analysts that the company aims to scale Optimus production to one million units per year by 2029, and he previously stated that a commercial launch is possible in the second half of 2026.