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International Business Times UK
International Business Times UK
Business
Rohit David

DARK SECRETS: How musk stepping back from doge could jolt tesla s future - The Real Truth

Elon Musk has publicly denied reports that he's stepping down from his government position at DOGE, labeling them 'fake news.' (Credit: X / Elon Musk Parody) (@ElonMuskAOC)

On 23 April 2025, Elon Musk announced he would scale back his role in the Department of Government Efficiency (DOGE), a move that expects to jumpstart and reshape Tesla's future. After months of splitting his time between Washington and his sprawling business empire, Musk's decision to refocus on Tesla comes at a critical juncture.

The electric vehicle giant is grappling with a 71% profit plunge, a 44% stock slide, and a tarnished brand image tied to Musk's polarising political involvement. This pivot could be Tesla's salvation or a high-stakes gamble that leaves it vulnerable.

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