About 16h30 GMT, the value of Tesla’s shares rose 5.33% to US $ 282.73, after 6% fall in the opening.
The political media says that “President Donald Trump announced his relatives, including the members of his cabinetthat Elon Musk Sand will withdraw in the coming weeks”Of his role in the administration.
Musk financially supported Donald Trump’s electoral campaign and when he won the elections The Republican appointed him at the head of a commission for “government efficiency” called doge In order to “dismantle government bureaucracy”.
According to Politico, both “decided (…) that soon it would be time for Elon Musk to focus on his companies and maintain a support role“
“I think he’s great, but I also think he has A great company to direct and that at one time or another will do it again. He wants“He declared On Monday Donald Trump before journalists at the White House.
Breaking: Donald Trump has reported His Inner Circle, Including Members of His Cabinet, That Elon Musk Will Step Down From His Position in The Coming Weeks, Political Reports. pic.twitter.com/jzrollekpx
– Republicons Against Trump (@Rpsagainesttrump) April 2, 2025
Also read: The day Elon Musk lost millions: the fall of X and the sinking in the actions of Tesla