Elon Musk, the billionaire CEO of Tesla and SpaceX, is reportedly concluding his advisory role within President Donald Trump’s administration. Serving as a special government employee and head of the Department of Government Efficiency (DOGE) under a 130-day contract, Musk’s tenure is set to end in May. President Trump has informed his inner circle of Musk’s impending departure, attributing it to the completion of his mandated efficiency reforms and a mutual agreement that it’s time for Musk to return to his business ventures.
Despite initial support, Musk’s role has faced scrutiny due to various business controversies and personal issues, including Tesla recalls, SpaceX mishaps, financial losses, and public family disputes. These concerns have led some administration officials to view Musk as a growing political liability. citeturn0news14 Additionally, his support for a losing candidate in Wisconsin’s Supreme Court race and his absence during critical discussions on Social Security reform have further fueled criticism.
Tesla’s performance has also been affected, with a 13% year-over-year sales decline in the first quarter, attributed to Musk’s political involvement and increased competition. citeturn0news12 Investor sentiment improved briefly following reports of Musk’s potential departure from his advisory role, though the White House has denied these claims.
While some sources suggest Musk will retain informal influence, others report that his departure aligns with the completion of his work with DOGE. White House Press Secretary Karoline Leavitt has downplayed reports of Musk’s departure, insisting that he will leave only upon completing his duties. Musk’s future role remains contentious as he retreats from government service amid public and political challenges.