$DOGE
a dramatic turn in Elon Musk’s political involvement.
1. Musk Backing Out of Politics — Under Pressure?
The Washington Post suggests Musk’s exit wasn’t entirely voluntary — citing rising pressure, both public and possibly internal, due to his outspoken support for Trump and related political causes.
Protests and even vandalism or attacks on Tesla Superchargers hint at backlash from the public.
2. Financial Impact:
Allegedly spent $300 million supporting Trump-aligned causes or PACs — a staggering amount with questionable returns.
Musk has reportedly pulled back, refocusing on core businesses after what looks like political fatigue or reputational cost.
3. Back to Business:
Musk is said to be working "24/7" again at Tesla and SpaceX, a familiar mode that signals a return to innovation over ideology.
DOGE and other Musk-adjacent assets could see volatility depending on public sentiment.
The return to a tech focus might reassure Tesla and SpaceX investors, while political figures lose a high-profile donor.