- DOGE chief Elon Musk said that he is running his businesses “with great difficulty,” as shares of his automotive firm Tesla suffered their worst drop in a half-decade.
- Musk also said during an interview on Fox Business that he expected to remain in the Trump administration for another year.
- Musk’s Department of Government Efficiency is engaged in a broad effort to reduce federal government spending and employee headcount.
- Musk called Sen. Mark Kelly of Arizona a “traitor” after Kelly tweeted on X about a visit to Ukraine.
DOGE chief Elon Musk said Monday that he is running his businesses “with great difficulty,” as shares of his automotive firm Tesla
suffered their worst drop in a half-decade, and as his social media company X experienced several outages.
Musk also said during an interview on Fox Business that he expected to remain in the Trump administration for another year.
Tesla’s stock has fallen every week since Musk joined the Trump administration as head of the Department of Government Efficiency, which is engaged in a broad, controversial effort to reduce federal government spending and employee headcount.
The electric vehicle company has lost more than 50% of its market capitalization, equal to nearly $800 billion.
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https://www.cnbc.com/2025/03/10/musk-tesla-doge-stock-market.html