He predicted he'll continue to be involved to some extent for "the remainder of the president's term," but would soon be allocating more time to Tesla.
Tesla Inc CEO Elon Musk said he'll start to pull back "significantly" his work with the US government starting in May. The company's shares rallied in late trading.
"I think starting probably next month, May, my time allocation to DOGE will drop significantly," Musk said during a call with analysts on Tuesday, referring to the federal cost-cutting effort dubbed the Department of Government Efficiency.
