Musk to leave DOGE sooner than expected

Elon Musk has announced plans to reduce his involvement with the Department of Government Efficiency (DOGE) in order to refocus on Tesla, which has faced a challenging first quarter in 2025.

The billionaire’s controversial opinions and close ties to President Donald Trump have been cited as factors tarnishing Tesla’s brand image, with the company experiencing a sharp drop in vehicle sales over the past three months.

During a meeting with Tesla investors, Musk revealed that his advisory role within DOGE would be significantly scaled back starting in May.

“I'll continue to spend a day or two per week on government matters, for as long as the President would like me to do so, and as long as it is useful. But starting next month I'll be allocating far more of my time to Tesla,” he said.

Over the past few months, Tesla’s stock has plummeted by 40%, though signs of a rebound have emerged in recent days. The global financial markets have also shown improvement following President Trump’s announcement of planned tariff relief, which has boosted investor confidence.

(QG - Source: The Daily Star — Picture : © Unsplash)