Elon Musk leaving DOGE
Digest more
Elon Musk’s four-month blitz through the US government briefly made him Washington’s most powerful businessman since the Gilded Age. But it has done little for his reputation or that of his companies.
Musk announced his departure a day after an interview clip showed him saying Trump’s “big, beautiful” bill “undermines” DOGE.
The billionaire Tesla CEO departed a day after he called a Republican bill to fund Trump's agenda "disappointing."
A group of investors reached out to board chair Robyn Denholm to try and get Musk back to work at the beleaguered EV maker.
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.
Catching up to Waymo won't be easy because it has partnered with Uber Technologies, which operates the world's largest ride-hailing network with 170 million monthly users. It could take Tesla years to achieve that level of scale, especially if it builds its own mobility network from scratch.
The Tesla boss said he was back to working "24/7" and that he needed to focus on his companies, including Tesla. The stock is up sharply since April lows.
Tesla investors sent a letter to the company's board chair demanding Elon Musk returns to work as tech billionaire steps away from Washington.
President Donald Trump is scheduled to hold a news conference Friday with Elon Musk as the Tesla CEO departs his role as a special government employee overseeing the U.S. DOGE Service. “This will be his last day,
Mahican Gielen, who swapped her Tesla for a BYD Sealion 7 partly because of Elon Musk, loves the Chinese EV but misses a few Tesla features.