Politico has reported that President Donald Trump has informed individuals within his inner circle, including government officials, that Elon Musk will resign from DOGE and all government-related positions soon. He will return to managing his business as usual but will continue to support the US government moving forward.
Sources at Politico suggest that Trump’s team and those involved view Musk as enigmatic and causing issues that impact the government’s political status. The outcome of the recent reelection of the Wisconsin Supreme Court Justice has been used by the Trump administration as a reason to have Musk step down from all positions.
Representatives from the White House have denied this news report. However, Tesla’s stock price has surged by up to 6% following the release of this news.
Source: Politico
TLDR: President Trump announces Elon Musk’s resignation from all government positions, attributing it to Musk’s behavior impacting political status. Tesla stock price rises by 6% post announcement.
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