#SaylorBTCPurchase Speaking during Tesla’s earnings call, Elon confirmed that his work at President Donald Trump’s Department of Government Efficiency (DOGE) will drop “significantly” by next month. The company’s stock shot up nearly 5% in after-hours trading once the words left his mouth.

Elon told investors that while he’s stepping back, he’ll still help out with DOGE “to make sure that the waste and fraud that we stop does not come roaring back.” He also said he’ll continue spending “a day or two per week” on government work “for as long as the president would like me to do so.