Elon Musk is saying goodbye to DOGE (Department of Government Efficiency) next month — and Tesla stock is already reacting!

After a brutal Q1, Tesla’s revenue dropped 20% and net income plummeted 71%. But Wall Street perked up when Elon said he’ll step back from his White House role in May — Tesla shares popped nearly 5% after-hours!

Elon promised to still lend a hand “a day or two a week,” but the end of his formal federal stint is near. By May, his 130-day window as a “special government employee” expires unless reappointed.

But that’s not the whole story:

DOGE has been cutting deep — from the IRS to the SEC — even agencies that regulate Elon’s own companies. Critics say it’s cost Tesla more than it’s saved the country. Tesla’s market cap has tanked $600B, while DOGE claims $160B in “savings” (some of which has already vanished from their site after backlash).

Add in global Tesla protests, brand damage over political ties, and a stale EV lineup, and the company is wobbling. Yet some investors are hopeful: Musk back in the office > Musk breaking offices in D.C.

Buckle up — May’s gonna be wild.#Dogecoin‬⁩