

Elon Musk has faced a significant backlash since he began advising U.S. President Donald Trump and slashing the American administration's workforce. This represents a political setback with the failure of the Republican candidate for the Wisconsin Supreme Court, Brad Schimel, whom he supported by spending millions of dollars, but who was defeated in the election on Tuesday, April 1. It is also an economic setback, as Tesla's sales plummet, boycotted by consumers worldwide and suffering from Chinese competition. The company sold only about 337,000 vehicles in the first three months of 2025, according to data released by the company on Wednesday, April 2. This is its worst result since 2022, a 13% decline compared to the first quarter of 2024.
These developments have reignited speculation about Elon Musk's imminent departure from his position at the Department of Government Efficiency (DOGE), which was tasked with cutting down the size of the federal government. According to an article in Politico published Tuesday, April 2, Trump has told his close associates, including cabinet members, that Musk might leave his post in the coming weeks. The article caused Tesla's stock to jump 2.5% on Wall Street despite having opened 5% lower.
You have 81.03% of this article left to read. The rest is for subscribers only.