The rise in Tesla's stock price after Elon Musk stepped down from his position in the Department of Government Efficiency (DOGE)
Musk's announcement seems to have reassured investors concerned about his increasing involvement in political affairs and the impact on Tesla's activities.
Key points:
• Tesla's stock price rose by more than 2.15% after Musk confirmed his resignation from the Department of Government Efficiency.
• Investors welcomed the news, considering it an indication of Musk's return to focusing on Tesla's core business.
• Musk criticizes the inefficiency of the federal government and plans to reduce his political involvement.
