Musk to Reduce Trump Advisory Role Amid Tesla Turmoil
Elon Musk will decrease his involvement in President Trump's administration to focus more on Tesla, following criticism of his cost-cutting efforts. Facing investor concerns and significant stock drops, Musk plans to cut back on his advisory role while addressing managerial issues at Tesla.
Tesla CEO Elon Musk announced a reduction in his advisory duties to President Donald Trump, marking a shift in focus towards addressing pressing issues at Tesla.
Musk's 130-day stint as a special government employee ends in late May, coinciding with mounting criticism and a decline in Tesla's stock value.
Under his leadership, the controversial cost-cutting measures within the Department of Government Efficiency have sparked legal battles and public protests.
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