Tesla Stock Turns Higher on Report That Musk Will Step Away From Government Role

Tesla Stock Turns Higher on Report That Musk Will Step Away From Government Role

Musk Steps Away from Politics: What Does It Mean for Tesla (TSLA) Stock?

Yesterday, it was announced that Elon Musk will be stepping down from the Trump administration as his term as head of DOGE—where he focused on reducing government spending—has come to an end.This decision follows his statement at the economic forum in Qatar, where Musk said he plans to focus less on politics, as he feels he has already done enough in that realm.What Does This Mean for Tesla (TSLA) Stock?Musk’s move away from politics is likely a…

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The request was sent to the President of the Tesla Council after confirmation of Elon Musk's exit from the government of the United States.