Tesla CEO Elon Musk said he will scale back his involvement in the Department of Government Efficiency beginning in May. During the company's earnings call on Tuesday, Musk told investors he would spend only “a day or two per week” on government matters for the remainder of Trump’s term. Musk noted that the core setup work at DOGE is largely complete, freeing him to refocus on Tesla. The announcement follows analyst pressure to prioritize Tesla leadership amid growing concern over the company's outlook.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla CEO Elon Musk said he will scale back his involvement in the Department of Government
00:06Efficiency beginning in May. During the company's earnings call on Tuesday,
00:10Musk told investors he will spend only a day or two per week on government matters for the
00:14remainder of Trump's term. Musk noted that the core setup work at Doge is largely complete,
00:20freeing him to refocus on Tesla. The announcement follows analysts' pressure to prioritize Tesla
00:24leadership amid growing concern over the company's outlook.
00:27For all things money, visit Benzinga.com slash GSTV.