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Tesla Shares Climb on Unconfirmed Report of Elon Musk's Upcoming DOGE Post Departure

Introduction

The White House has dismissed a report regarding Elon Musk's departure from the Department of Government Efficiency as "garbage," according to Press Secretary Karoline Leavitt.

Context

Reports suggest that President Donald Trump notified his Cabinet about Musk's decision to resign from his government role and return to his business ventures. Musk's position as a special government employee was initially slated to conclude in May.

Developments

A senior official has indicated that Musk might continue in an informal advisory capacity even after his resignation. President Trump has expressed gratitude for Musk's contributions while recognizing his obligations to his business.

Conclusion

As the situation evolves, the implications of Musk's departure from his government role and potential advisory engagement remain to be seen.