📉Musk Quits DOGE as Markets Tumble

Economy
Economics
Public Opinion

On May 29, 2025, Musk formally left DOGE; Tesla stock plunged 15 percent the next day amid investor fears over his Washington ties.

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Why This Matters

Investor Angst:

15 percent drop wiped \$XXX billion off Tesla’s value in 24 hours.

Political Risk:

Shows how CEO political involvement can translate into share-price volatility.

Governance Debate:

Spurs discussion on whether corporate leaders should hold government roles.

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