Tesla Keeps Bitcoin, Musk to Scale Back Role in Trump’s DOGE Team
Tesla retained its Bitcoin holdings through the first quarter of 2025, as CEO Elon Musk reassured shareholders of his intent to reduce involvement in the Trump administration’s cost-cutting initiatives. This commitment appeared to bolster investor confidence, propelling Tesla’s (TSLA) stock up by 5.4% in after-hours trading on April 23 to ...