Musk to Step Back from DOGE Work as Tesla Stock Slide
After a tough start to 2025, Musk says he’s stepping back from his work with the Department of Government Efficiency (DOGE) to spend more time focusing on Tesla. The move comes as Tesla faces a drop in sales, profits, and share value — and growing concerns among investors that Musk has been stretched too thin. Probably smart idea for Musk to Step Back a bit and remove himself of public exposure.
Tesla Is Struggling in 2025
The numbers speak for themselves:
- Tesla’s vehicle deliveries dropped 13% in the first quarter
- Net income fell by a staggering 71%
- The company’s stock is down more than 40% so far this year
These disappointing results, paired with increasing EV competition and lingering affordability issues, have raised alarms among shareholders — many of whom have been calling for Musk to re-focus on the core business.
Musk’s Political Involvement Draws Criticism
Musk’s role in DOGE — a government-backed initiative aimed at streamlining public sector spending — has taken up a significant chunk of his time. And it hasn’t been without controversy.
His political involvement has drawn mixed reactions, with some critics linking Tesla’s brand decline to Musk’s increasingly public political opinions. There have even been reports of protests and vandalism at Tesla showrooms, driven by consumer frustration and negative press.
Musk Says Tesla Now Comes First
In response to the pressure, Musk announced that starting in May 2025, he’ll reduce his DOGE commitments to just one or two days per week — freeing up more time for Tesla.
“I’m still committed to DOGE, but Tesla needs more of my attention right now,” he said.
And it seems investors liked what they heard. Following the announcement, Tesla shares jumped 5.5%, offering a small but welcome rebound.
What’s Next for Tesla?
Despite the rough patch, Musk remains optimistic about Tesla’s future. The company has plans in the works to:
- Launch a new affordable EV model
- Expand self-driving technology
- Improve operational efficiency to stay competitive
Tesla’s next earnings call is expected to give more detail on those strategies — and give investors a better sense of whether Musk’s renewed focus will pay off.
Final Thoughts
Elon Musk stepping back from his government work signals a much-needed course correction for Tesla. With sales slipping and stock prices under pressure, many see this as the right time for Musk to be more hands-on.
Whether it will be enough to turn things around remains to be seen — but for now, Wall Street seems cautiously optimistic.
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