Elon Musk Steps Down From Government Role
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The billionaire Tesla CEO departed a day after he called a Republican bill to fund Trump's agenda "disappointing."
Tesla CEO Elon Musk's role with the Trump administration ended on Wednesday and will be able to focus more time on Tesla, as the company has faced headwinds this year.
Elon Musk is ready to get obsessed with his companies again. There’s a lot for him to obsess over at Tesla, SpaceX and xAI.
Tesla CEO Elon Musk said he is ending his role in the Trump administration running cost-cutting agency DOGE, just days after he announced plans to refocus more of his attention on the EV maker.
A White House official told Fox News Digital that DOGE will continue to operate just as it has despite Elon Musk's departure as the agency's public face.
Elon Musk's break with the Trump administration means investors will hope he refocuses on his sprawling empire as Tesla battles slumping sales and after SpaceX's latest rocket launch fell short of expectations.
The White House confirmed to Reuters that Musk's offboarding began last night following a decision 'at a senior staff level.'
Investors in Elon Musk 's car company, Tesla, have called on Musk to work at least 40 hours a week at the company.
Tesla’s stock is rallying as investors cheer a return of Elon Musk as a full-time CEO, and is fast approaching a key chart level that if cleared could target a return to record levels.
Tesla has been testing driverless Model Y cars in Austin, Texas and aims to deliver the first unit in June, CEO Elon Musk said on Thursday, amid buzz of an imminent robotaxi launch.