Tesla, Elon Musk and Trump
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Elon Musk leaves his government role after significant changes in Washington's bureaucracy, including substantial budget cuts. Despite achieving less than intended, Musk promises continued involvement,
Elon Musk shifts attention back to X, xAI, Tesla, and SpaceX after a major outage, scaling back political work to oversee key tech rollouts and regain investor confidence.
On May 24, X experienced a major global outage, with Musk acknowledging “major operational improvements” were urgently needed and that failover systems “should have worked, but did not.” Musk publicly declared on X “Back to spending 24/7 at work and sleeping in conference/server/factory rooms.
In a letter, some skeptical backers of the EV company have also asked its board to add a “new, truly independent” member and lay out a succession plan.
A group of Tesla investors is urging Elon Musk to commit at least 40 hours a week to running the electric vehicle company, arguing his undivided attention is needed to repair Tesla’s faltering sales and stock price volatility.