The Big Money Show breaks the influence of Elon Musk and Dogi as he leaves his position and returns to his companies.
CEO of Tesla Elon Musk On Wednesday, announced that his time with the Trump administration as a special government employee has ended, and his departure would allow him to draw his attention to the electric vehicle manufacturer.
Musk wrote in a post on X that he appreciated the opportunity to create the government’s efficiency departmentDog) In his role as a special government employee, which was limited to 130 days by law.
His departure from Trump White House comes in the form of a welcome development for investors in various companies including Tesla, with a shock against Musk’s political activism amidst the sluggish consumer demand for EVS last year.
Kasturi officially descends from Dogo after strengthening the work.
Dan Ewes, Managing Director and Head of Global Technology Research in Vesabash Securities, wrote to investors in a note that Kasturi leaving White House is “Tesla is music for shareholders’ ears, which now focuses on Tesla and autonomous vision with laser.”
Elon Musk played her role with the Trump administration on Wednesday. (Brandon Bell / Getty Image / Getty Image)
Ewes said that apart from being “schedule’s time” to air its work with the administration for Kasturi, the billionaire entrepreneurs “had been important for Trump’s expenses bill and tariff,” therefore the step was surprising.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 346.46 | -11.97 |
-3.34% |
He said that Tesla is noticed by autonomous vehicles and robotics. Artificial intelligence The company will run the future and the “brand damage and black cloud” over Tesla belonging to the political blow is in the rearview mirror.
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“We believe that Tesla remains the most underwellood AI play in the market today. Rome was not built in a day … nor Tesla’s autonomous and robotics would be strategic vision,” Ivees wrote.
Dan Ewes, Managing Director and Head of Global Technology Research in Vesabash Securities said Tesla would run the company’s future by focusing on the robotics of Autonomous vehicles and Artificial Intelligence. (Costfoto / Nurphoto Getty images / Getty images)
“There will be many failures … but seeing its unmatched scale and scope globally, we are confident that Tesla owns the autonomous market and gives the road a license for the US and other auto players around the world,” he continued.
Musk’s departure worked with a new call from shareholders to focus Duties in Tesla,
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Elon Musk served as a White House advisor and leader of Dogi. (Win McNamee / Getty Image / Getty Image)
A group of Tesla shareholders, including Tesla treasurer and pension managers, sent a letter to Robin Denhom, president of the board of directors of Tesla on Wednesday, urging the board to spend at least 40 hours a week to work in Tesla.
The letter states that “the efforts outside the Musk have actively seen their time and attention from the management of Tesla’s operation, as any other Chief Executive Officer Public business company will be expected. ,
Musk says that he will remain the CEO of Tesla in the coming years
He requested that any new compensation plan for Kasturi plan “The company should include the commitment to spend at least 40 hours per week.”
The letter stated that “Tesla is entitled to a CEO, whose time and attention aligns with the scale of responsibilities in hand – especially in the light of recent performance challenges, strategic uncertainties and the company’s developed competitive landscape.”
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He also requested that Tesla adopt and disclose a CEO succession scheme and at the same time “at least a new really no personal relationship with other board members with independent directors”.
