Core Viewpoint - Tesla shares have rallied over 20% in May despite poor car sales in China and Europe, as CEO Elon Musk shifts focus from politics to business [1][2] Group 1: Stock Performance - Tesla shares are on track for an increase of more than 20% for the month of May [1] - Year-to-date, Tesla stock is down approximately 12% [1] - In comparison, Apple is down about 21% year-to-date, marking the worst performance among major companies [1] Group 2: Leadership and Government Involvement - Elon Musk's tenure as a "special government employee" at the Department of Government Efficiency is concluding, with President Trump acknowledging his contributions [2] - Musk indicated that his involvement in government work will decrease significantly, but he plans to dedicate a "day or two per week" to it until the end of Trump's term [2] - Musk intends to maintain his office at the White House [3]
Tesla shares set to wrap strong May as Elon Musk ends time with Trump's DOGE