Tesla stock surged nearly 20% after Elon Musk announced he's scaling back his government role to refocus on the company.
The pivot came during Tesla's earnings call, soothing investor fears.
The president said Elon Musk 'was a tremendous help' a day after the world's richest man announced he would be limiting his government role. Tesla's stock tanked in the last quarter.
Elon Musk reassured investors on a call that he would spend 'significantly less time' at DOGE beginning in May after earnings tanked in the first quarter of the year.
Elon Musk says he´ll dedicate more time to Tesla and his role as 'First Buddy' will 'drop significantly' starting in May after the company reported a downfall in first quarter profits.
A federal judge has granted a preliminary injunction to block DOGE from further access to sensitive personal information at the Social Security Administration.
The survey, by More in Common, reveals that the Reform UK leader is in joint poll position with Sir Keir Starmer to make it to Downing Street in four years time.