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May 29, 2025executiveExecutive BranchGovernment ReformFinancial Markets

Elon Musk Exits DOGE as Tesla Stock Crashes 15% in Single Day

Elon Musk announced his departure from the Department of Government Efficiency (DOGE) advisory role amid mounting conflicts of interest and investor backlash. Tesla's stock fell 15% in a single trading session as investors signaled relief that Musk would refocus on the company, while critics questioned the legality and effectiveness of the DOGE initiative.