Elon Musk has decided to step down early from his role in the US government, a move that has caused shockwaves in Washington and financial markets.
President Donald Trump has told his cabinet and inner circle that the Tesla and SpaceX founder will step down from his post as head of the Department of Government Efficiency to return to the business world.
Musk had been appointed as a special government employee until May, but his sudden departure has raised questions about his influence in the federal administration, despite it being reported as a joint decision between him and Trump, with the US President stating that he remains satisfied with Musk's work.
The Tesla CEO was a controversial figure due to his efforts to significantly reduce public administration, which led to mass layoffs and lawsuits against the Trump administration.
Musk also invested $20 million in the Wisconsin Supreme Court election, but the Republican candidate lost. That made him a political target, as Democrats portrayed the race as a battle between the people and Musk.
Meanwhile, Tesla suffered a sharp drop in sales and its shares fell, while several outlets were targeted with arson. However, news of Musk's return to business caused his companies' shares to rise again.
His relationship with Trump has been close, with the billionaire often appearing alongside the president at the White House and on official trips. Trump even used the White House lawn as a showcase for Tesla cars and personally bought one for him for more than $80,000.
Despite his public support, Trump has privately signaled that his cabinet members are responsible for their departments, not Musk. The decision is expected to have major implications for both American politics and Musk's businesses. (A2 Televizion)
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