Elon Musk stepping down

Elon Musk

Elon Musk and Tesla’s Stock Decline – Politics or Market Instability?

Tesla CEO Elon Musk claims that his political involvement and role in the Department of Government Efficiency are negatively affecting the company’s stock.

Political Influence and Tesla’s Stock Drop

Speaking at a town hall event in Wisconsin, Musk stated that he is under pressure due to his efforts to reduce government bureaucracy and spending. He believes that opposing forces are trying to hurt Tesla's stock, which has seen a significant decline in recent months.

📉 Tesla Stock Facts:

✅ Down 34% since the beginning of 2025

✅ Nearly halved compared to its December peak

✅ Investors fear the company’s core business is slowing down

Despite these challenges, Musk believes that this dip could be a great long-term investment opportunity.

Protests and Tesla’s Public Image

📌 Musk’s political activities have sparked public protests.

📌 Demonstrations have taken place at Tesla dealerships, with reports of vandalism.

📌 The company is facing declining sales, especially in Europe.

Elon Musk

elon musk stepping down

Elon Musk, the CEO of Tesla and head of the Department of Government Efficiency (DOGE), has recently addressed rumors about his potential resignation from both roles.​

Speculation on Stepping Down from Tesla

In May 2023, during Tesla's annual shareholders meeting, Musk dismissed speculation about stepping down as CEO. When asked directly, he responded, "It ain't so," reaffirming his commitment to leading the company. Additionally, Musk announced plans for Tesla to explore advertising strategies, marking a shift from the company's traditional reliance on organic publicity. ​

Tenure at the Department of Government Efficiency (DOGE)

Appointed by President Donald Trump, Musk's role at DOGE was designed to be temporary, with a 130-day term set to conclude in May 2025. Musk has indicated that the department's primary goal—to reduce the federal deficit by $1 trillion—could be achieved within this timeframe. He has expressed no intention to extend his tenure beyond the initial term. ​

Public and Political Reactions

Musk's involvement in governmental cost-cutting has led to significant public and political reactions. Protests have emerged at Tesla dealerships worldwide, with demonstrators expressing discontent over his political engagements and their perceived impact on democracy and governance. 

Conclusion

As of now, Elon Musk remains at the helm of Tesla, with no plans to step down from his CEO position. His temporary role at DOGE is approaching its planned conclusion, aligning with the department's objectives and his initial commitment. The situation continues to evolve, and further developments may