Tesla shares slid Friday, but posted gains for the week and second straight month as CEO Elon Musk steps back from his role leading the cost-cutting Department of Government Efficiency.

Elon Musk said he expected to "remain a friend and an advisor" to President Donald Trump as his time as a special government employee ends.

Investors are winding down a volatile but winning week as President Trump’s trade war continues with China in the crosshairs, Elon Musk officially ends DOGE duties, U.S. Steel, Nippon Steel deal proceeds.

Elon Musk joined President Donald Trump in the Oval Office to make some final remarks about his tenure at the Department of Government Efficiency (DOGE), which finalized today. Donning a black baseball hat and sport jacket, Musk also sported a black eye.

U.S. President Donald Trump said on Friday that billionaire Elon Musk will remain a close adviser, even after the Tesla CEO departs the administration following a chaotic four-month tenure that saw him disrupt dozens of foreign agencies in his effort to slash government spending.

Tesla and SpaceX CEO Elon Musk has officially stepped down from his role helping lead DOGE, which had long been the plan as a special government employee.

Tesla Inc (TSLA.O) shares rose in early premarket trading on Thursday after reports that the electric vehicle maker is preparing to launch its robotaxi service in Austin on June 12. Adding to investor optimism,

Elon Musk’s official role within the United States government is coming to an end. The billionaire Tesla CEO announced his White House departure in an X post on Wednesday night, thanking President Donald Trump for the opportunity to “reduce wasteful spending” by leading the Department of Government Efficiency (DOGE).