Overview

• Elon Musk is reportedly preparing to leave his role as head of the Department of Government Efficiency (DOGE) to refocus on his businesses, according to sources cited by Politico and ABC News.
• The White House has dismissed these reports as 'nonsense,' stating Musk will remain in his role until his work is completed.
• Musk's tenure at DOGE has been marked by controversial cost-cutting measures, widespread layoffs, and public backlash, including protests and legal challenges.
• Tesla's stock price saw a significant rebound following news of Musk's potential exit from the Trump administration, reflecting investor optimism for his return to the company.
• Musk's political involvement, including his support for a failed conservative judicial candidate in Wisconsin, has been viewed as a liability for President Trump and a source of internal tensions.