Overview

• Elon Musk has stepped back from his role in the Department of Government Efficiency (DOGE) to concentrate on his companies, citing operational challenges and critical upcoming projects.
• A significant outage on the X platform underscored the need for major operational improvements, prompting Musk to commit to intensive oversight of his businesses.
• Musk's political involvement, including a $300 million contribution to Donald Trump's campaign, has faced backlash, negatively impacting Tesla's brand and sales.
• Tesla's stock has rebounded after Musk's announcement to focus on the company, and he has pledged to remain its CEO for the next five years.
• SpaceX is preparing for a Starship mega-rocket launch next week, a pivotal step in Musk's long-term vision for Mars colonization.