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Tesla shares rise on unconfirmed report Elon Musk could be leaving DOGE post soon

  • Tesla shares rose on Wednesday after a report suggesting Elon Musk could leave his post at the Department of Government Efficiency.
  • The report, later deemed 'garbage' by the White House, stated that Musk would return his focus to Tesla amid recent struggles.
  • Tesla's stock has dropped over 5% in the past month and more than 31% year to date due to various factors, including Musk's role in the White House.
  • Separately, New York City Comptroller urged the city to sue Tesla for Musk's alleged material misstatements and his promotion of policies harmful to Tesla's business.

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