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Tesla shares rise on unconfirmed report Elon Musk could be leaving DOGE post soon

  • Elon Musk suggested he will leave his role in the Department of Government Efficiency soon, as reported amid setbacks in Wisconsin where voters rejected his Supreme Court candidate despite Musk's donations and campaign efforts.
  • Tesla experienced a 13% drop in sales during Q1 2025, and the stock surged after speculative reports about Musk leaving the Department of Government Efficiency.
  • White House Press Secretary Karoline Leavitt denied claims of Musk stepping back from the Department of Government Efficiency, despite his involvement leading to protests against Tesla and concerns over its brand.
  • Musk's political donations have damaged Tesla's reputation, prompting analysts to adjust their forecasts for the company's deliveries.
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detector.media broke the news in on Tuesday, April 1, 2025.
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