Elon Musk's Future in Trump Administration Faces Uncertainty

Conflicting reports suggest Musk may step down as DOGE head in coming weeks, while the White House denies his imminent departure.

Multiple reports, including from Politico and ABC News, claim Elon Musk will leave his role as head of the Department of Government Efficiency (DOGE) within weeks to refocus on his companies.
The White House has dismissed these reports as 'nonsense,' emphasizing Musk's temporary role and his commitment to completing his work at DOGE.
Musk himself labeled the reports as 'fake news,' though speculation persists about his transition to an informal advisory role.
Tesla's stock rose sharply following the reports, reflecting investor optimism about Musk's potential return to corporate leadership.
Musk's tenure at DOGE has been marked by controversial cost-cutting measures, mass layoffs, and political backlash, including criticism over his involvement in a failed Wisconsin judicial election campaign.