Market Chatter: Trump Tells Cabinet Members Musk Will Leave Soon

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Market Chatter: Trump Tells Cabinet Members Musk Will Leave Soon

, MT Newswires - 11:44 AM ET 4/2/2025 default

11:44 AM EDT, 04/02/2025 (MT Newswires) -- President Donald Trump has told members of his inner circle, including Cabinet members, that Elon Musk will be stepping back in the coming weeks from his roles within the administration, Politico reported Wednesday, citing three anonymous Trump insiders.

Tesla (TSLA) shares were up 4% around midday ET.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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