Tesla shareholders don’t seem best pleased with their CEO after demanding that Elon Musk share ‘five things he’s done for them this week’.
The jibe appeared to use Musk’s own words against him as it referenced a controversial email sent out by the Department of Government Efficiency (DOGE) which demanded federal employees justify their paychecks.
In a post published on X, formerly Twitter, on February 26, one investor shared a graph which shows the poor performance of Tesla stock in recent weeks.
Please share 5 things you did for $TSLA shareholders this week. Or are you working remotely? Asking for all of us.
The user wrote: “Please share 5 things you did for $TSLA shareholders this week. Or are you working remotely? Asking for all of us.”
The comment seems to stem from a note Musk sent out to civil servants where they were tasked with explaining what they had accomplished that week.
At the end of the email, Musk warned that ‘failure to respond will be taken as a resignation’.
Employees were instructed by cabinet secretaries not to reply to the email, which forced the billionaire to walk back his threats.
Taking to X at the time, Musk wrote: “The passing grade is literally just ‘Can you send an email with words that make any sense at all?’. It’s a low bar.”
In another post, Musk claimed that the email was merely to see ‘who had a pulse and two working neurons’.
President Trump praised his external advisor for slashing $1 trillion from the federal budget.
Elon Musk was asked to give Tesla shareholders five things he has done for them this week (JIM WATSON/AFP via Getty Images)
In his address to Congress yesterday (March 4), Trump said: “I have created the brand-new Department of Government Efficiency: DOGE. Perhaps you’ve heard of it.
“Which is headed by Elon Musk, who is in the gallery tonight. He’s working very hard. He didn’t need this. We appreciate it.”
Gesturing to the Democratic side of the chamber, Trump added: “Everybody here, even this side, appreciates it, I believe. They just don’t want to admit that.”
In response, Musk gave Trump a salute with his right hand from the viewing gallery.
The billionaire also scrubbed up for the occasion, ditching his infamous t-shirt and ‘dark MAGA’ cap in place of a button-up shirt and tie.
People were surprised to hear the president refer to Musk as the head of DOGE, despite his administration having argued in court that the SpaceX CEO isn’t even an employee of the organization.