A U.S. soldier at a border crossing in Donna, Texas, on Nov. 6. Photo: Andrew Cullen/AFP/Getty Images

The midterms are over. But the 5,600 American troops sent to the southern border with Mexico are "still going through the motions of an elaborate mission that appeared to be set into action by a commander in chief determined to get his supporters to the polls," the New York Times reports.

What's happening: Troops at the border are sleeping in tents that house 20 soldiers and have no electricity or air conditioning, with some suffering heat exhaustion within days of starting the mission. There's no mess hall — only pre-made "Ready-to-Eat" meals — and the only phone chargers available are attached to "a few generators that power spotlights around the living area." Department of Defense officials worry that if the number of troops increases to 15,000, the cost could be as high as $200 million.

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Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.