Tesla reported first-quarter deliveries were well below analysts' estimates. Shares in Musk's signature company are down roughly 30% this year.Musk chose this path himself. He has enthusiastically touted the White House DOGE office,

Stock shares in Tesla jumped Wednesday after reports suggesting Elon Musk could leave the White House and his Department of Government Efficiency role. Tesla stock was up about 5% at one point during the day amid the reports that the White House called "garbage.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Reports of Elon Musk’s impending departure from the White House could not have been better timed for Tesla’s stock prices, which had started plummeting after its dismal Q1 report was released its morning.

Tesla (TSLA) stock has tanked about 45% from its 52-week high in just a few months, and the bad news is there’s room for more downside. Lately,