Elon Musk really wants you to know he’s back at Tesla
The gentleman doth attest too much.
Did you know Tesla CEO Elon Musk would be returning his full attention to his companies instead of his government position at the Department of Government Efficiency? You should, because he can’t stop talking about it — a move likely geared at Tesla bulls.
Last night, Musk tweeted that his time at DOGE was coming “to an end” and that he was thankful “for the opportunity to reduce wasteful spending.”
Per The Wall Street Journal, a White House official said the “off boarding” of the world’s richest man started Wednesday.
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.
— Elon Musk (@elonmusk) May 29, 2025
The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.
The media-wary Musk has been on a press blitz over the past few days, taking interviews at his factories and telling everyone he can that he’s back at the office.
“I’m physically here. This is the focus, and especially around launch,” Musk told The Washington Post from a SpaceX facility in Texas this week.
“It’s not like I left the companies,” Musk also attested to Ars Technica. “It was just relative time allocation that probably was a little too high on the government side, and I’ve reduced that significantly in recent weeks.
Over the weekend, Musk tweeted, “Back to spending 24/7 at work and sleeping in conference/server/factory rooms. I must be super focused on 𝕏/xAI and Tesla (plus Starship launch next week), as we have critical technologies rolling out. ”
Back to spending 24/7 at work and sleeping in conference/server/factory rooms.
— Elon Musk (@elonmusk) May 24, 2025
I must be super focused on 𝕏/xAI and Tesla (plus Starship launch next week), as we have critical technologies rolling out.
As evidenced by the 𝕏 uptime issues this week, major operational…
This is all after a special “live company update” at the top of Tesla’s earnings call last month, where Musk already announced that he would be significantly cutting back his time at DOGE. At the time, he said, “Starting next month, I’ll be allocating far more of my time to Tesla.”
Why is he beating this drum so hard?
For many Tesla investors, Musk is Tesla, so his return is perceived as good news for the company. Tesla bull Dan Ives has been calling for Musk’s return since he started at DOGE earlier this year. Since the initial DOGE exit announcement, the stock has been on a tear, leaving its 2025 lows far away in the rear-view mirror.
Of course, Tesla’s stock price is even less tethered to its financial performance these days than usual. Despite terrible earnings and a spate of bad news, Tesla’s stock is up more than 30% this month.
