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Home Market dynamics

Elon Musk resigns as head of US government efficiency to focus more on Tesla
Tesla's sales were significantly affected during his tenure.

Author: Mash Yang
2025-05-30
in Market dynamics, Life
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As revealed a few days ago, the futureFocus more time on Tesla businessTesla CEO Elon Musk announced earlier that he would resign as the actual head of the Department of Government Efficiency (DOGE), ending his status as a special government employee.

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而從Elon Musk先前以政府特別僱員身分任職情況來看,其一年內僅能合法任職130天,而截至今年5月30日正好是其任職身分到期時間,而美國政府效率部將持續運作至2026年7月4日。

As for his resignation as head of the U.S. Government Efficiency Agency, Elon Musk will, as previously promised, devote more time to Tesla's business. Because Tesla's business development is closely tied to Musk's personal public image, his every move often influences Tesla's product sales and stock price.

In particular, Elon Musk's previous announcement that he would help Trump's campaign, and his subsequent promotion of the US Government Efficiency Department, which successively cut US federal government work units and personnel that were deemed unnecessary and a waste of public funds under the pretext of streamlining non-essential spending, have caused a lot of controversy and criticism, which in turn affected Tesla's car sales and even caused dissatisfied people to destroy Tesla cars parked on the street, which subsequently had a significant impact on Tesla's stock price.

Relevant data shows that from April 2024 to the end of April this year, the number of new car deliveries of Tesla decreased by about 4%, and new car sales in the European market were reduced by half. However, the overall sales of electric vehicles in the European market during the same period increased by 4%. At the same time, in Quebec, the city with the highest acceptance of electric vehicles in Canada, Tesla's sales in this region also showed a significant decline.

As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending.

The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.

- Elon Musk (@elonmusk) May 29, 2025

Tags: DOGEElon MuskEV carTeslaU.S. Government Efficiencyelectric car
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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