Overview

• President Donald Trump has reportedly informed his Cabinet and close allies that Elon Musk will soon leave his role leading the Department of Government Efficiency (DOGE).
• Musk’s departure is expected to coincide with the expiration of his 130-day term as a special government employee in late May or early June.
• The White House has publicly denied reports of Musk’s imminent exit, emphasizing his continued contributions until his work is deemed complete.
• Musk’s tenure has been marked by significant controversy, including mass layoffs, agency closures, and backlash over his political influence, particularly following the Wisconsin Supreme Court election loss.
• Tesla’s stock has risen following reports of Musk’s potential departure, as investors anticipate his return to focus on his business ventures.