Elon Musk, Tesla and Washington
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Elon Musk is leaving Washington after a short but turbulent stint in government and getting back to his numerous businesses, each with their own set of issues for the billionaire to address.
Tesla stock is on the rise after two big pieces of news came overnight: a reported start date for robotaxi testing and CEO Elon Musk's official government departure.
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.
Autonomy on Judge Picks: President Trump appears to be declaring independence from outside constraints on how he nominates judges, signaling that he is looking for loyalists who will uphold his agenda and denouncing the conservative legal network that helped him remake the federal judiciary in his first term.
WASHINGTON (Reuters) -U.S. President Donald Trump praised billionaire Elon Musk's efforts to cut federal spending during a joint press conference in the Oval Office on Friday, as the Tesla CEO departs the administration after a chaotic tenure that saw the elimination of thousands of jobs and billions of dollars in contracts.
Elon Musk is pushing lawmakers to help clear a path for driverless vehicles, according to people familiar with the matter, part of a broader effort behind the scenes to lobby for a key priority of Tesla Inc.
2don MSNOpinion
Tesla CEO Elon Musk is leaving Washington—to the relief of Tesla shareholders everywhere. The personal and corporate brand damage done during Musk’s turn to politics was real, but it can heal if Musk takes his medicine. Will he? Take your experience further with Mint Premium- access insights and analysis on global markets
While the protests are slated to continue, Musk has far more serious problems on his plate. Among the biggest concerns is a huge drop in sales, which can partially be blamed on his politics.