Shares of Tesla Inc. rose 5.25% on the New York Stock Exchange this Wednesday, April 2, 2025, after Politico reported that Elon Musk plans to leave his post within the U.S. government in the coming days or weeks.
The news comes after a negative opening for the company, which had posted a drop of more than 4% due to the publication of a decline in quarterly sales. However, Musk’s possible exit from the political environment seems to have restored some confidence to investors.
Musk would walk away
According to sources close to President Donald Trump, Elon Musk would leave his position as “special advisor” in the coming days.
An exact date has not yet been confirmed.
Since joining the government, the tycoon had led initiatives to cut federal funding.
In addition to dismantling public agencies, tasks that generated criticism both inside and outside their companies.
The news comes after a negative opening for the company
QueOnnda.com
Elon Musk’s active involvement in politics has led to protests and sabotage against Tesla, as well as a negative perception among some consumers.
According to Politico, Trump himself has reportedly told his team that Musk will return to running his companies full-time.
The end is near
Buzzy
Although neither the White House nor Elon Musk’s spokespersons have given official statements following the report, President Trump was asked by the press about the length of Musk’s term, initially limited to 130 days.
“I think he’s amazing, but I also think he has a great company to run. At some point, he’ll be back. He wants to,” Trump responded on Monday, March 31.
The tension between Musk’s business interests and his role in government seems to have influenced the decision, which markets are already interpreting as a return to stability for Tesla.
For Hispanic consumers, many of whom have shown an interest in electric vehicles and technological advancement, this departure could mean a renewed focus on product innovation.
Without the political distraction that has affected the company’s image in recent months.
In addition, it could benefit the U.S. automotive job market by bolstering Tesla’s priority in production and expansion.
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