Tesla(US:TSLA) Guan Cha Zhe Wang·2025-05-02 05:32Core Viewpoint - Elon Musk is stepping back from his role in the U.S. government efficiency department (DOGE) to refocus on his business ventures, amidst speculation about his position at Tesla and interactions with the media [1][3][5]. Group 1: Musk's Departure from DOGE - Musk announced his intention to leave DOGE and emphasized his focus on business, denying reports about Tesla's board considering a replacement for him as CEO [1][3]. - During a cabinet meeting led by President Trump, Musk received applause as he prepared to exit his government role [6][7]. Group 2: Media Engagement - Musk engaged with a diverse group of media representatives, breaking away from his usual media avoidance, and participated in discussions with both left- and right-leaning outlets [3][4]. - Despite past tensions with mainstream media, Musk maintained a cooperative demeanor during the media session, although he appeared somewhat less confident [4][5]. Group 3: Financial Goals and Challenges - Musk acknowledged that DOGE has not met its initial goal of reducing federal spending by $1 trillion, achieving only about $160 billion in cuts, and expressed concerns about the difficulty of reaching future targets without more support from Washington [5][6]. - He admitted to making mistakes in the process of cutting federal positions, which has drawn criticism from various political factions [5]. Group 4: Government Role and Future Plans - Musk retains an office in the White House but plans to reduce his time in Washington, indicating a shift back to his business priorities [6][7]. - His role as a "special government employee" is limited to 130 days within a year, with his current term set to end on May 30 [7].