Musk reportedly vowed to ‘significantly’ cut back his role in DOGE from May. He joined in 2004 and has since become the company’s CEO.

Shares of the electric vehicle maker posted their best weekly advance since early November 2024 with a gain of +18.1%. As expected, the topic of tariffs was quite popular on the earnings conference call. The word "tariff" was mentioned at least 29 times on the call.

Tesla Inc.’s board of directors took steps toward finding Chief Executive Elon Musk’s successor earlier this month, as the EV maker’s stock sank while Musk prioritized his DOGE efforts, according to a new report.