#Trump100Days
Elon Musk Steps Down from DOGE and Trump Cabinet, Focuses on Tesla's Future
Elon Musk has announced that he will step away from his involvement with DOGE (Department of Government Operations) and refocus on Tesla. This move comes after his service in the Trump administration, where he worked without compensation to reduce federal spending. However, following a 71% drop in Tesla's first-quarter profits and negative public reaction, Musk decided to concentrate on his business ventures.
Tesla's board has begun searching for a potential successor to Musk as concerns over the company's declining sales and falling stock prices grow among investors. Musk also stated he will continue to provide informal advice on DOGE until the end of Trump's presidency. This shift marks a pivotal moment in Musk's career, as he prioritizes the future of Tesla.
