Tech billionaire Elon Musk faces mounting pressure after Tesla’s stock plunged, erasing the gains made following Donald Trump’s re-election. Appointed by Trump to lead the newly established Department of Government Efficiency (DOGE), Musk has been tasked with slashing federal spending and downsizing agencies. But his aggressive cost-cutting measures have met fierce opposition — sparking protests, legal battles, and pushback from lawmakers. Tesla’s valuation has suffered amid consumer boycotts and backlash over Musk’s rightward turn. Has Musk’s political gamble jeopardized his fortune, or will it ultimately pay off?
#ElonMusk #Tesla #DOGE
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News post in March 11, 2025, 3:04 pm.
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