Elon Musk may be dialing back his presence in Washington in the coming weeks, but his influence with DOGE is set to endure.

The billionaire told Tesla shareholders that his work with the Department of Government Efficiency is winding down and he will be “allocating far more” of his time to his business.

I'll continue to advocate for lower tariffs rather than higher tariffs, but that's all I can do,” Musk said about Trump’s tariffs.

Tesla’s net income slid 71% in the first quarter, as the company struggled to overcome competitive pressure overseas and a reputational hit from Chief Executive Elon Musk’s polarizing role in the Trump administration.