Elon Musk to Announce Resignation Date from Government Role

Tesla CEO Elon Musk is poised to announce his resignation timeline from the Department of Government Efficiency during the next investor call, a move expected to boost his focus on the company. Investors see this as potentially beneficial for Tesla stock, hoping for increased clarity and leadership after years of dual-role challenges. The announcement comes amidst Tesla’s ongoing financial struggles, with Q1 2025 revenue down by 9%. The shift reflects investor concerns about Musk’s ability to adequately manage both roles and signals a crucial transition for the company.