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Elon Musk’s tenure as the head of the Department of Government Efficiency was ultimately a distraction from his company, Tesla (TSLA). At least that is what many company shareholders and analysts appear to believe.
Thus, as his tenure at DOGE came to an end in May, Tesla investors heaved a sigh of relief as Musk is now be able to direct his efforts completely toward his companies. Consequently, after a tumultuous start to the year, the Tesla share price has risen a significant 17.6% over the past month, regaining its place in the trillion-dollar market capitalization club.