State officials and pension-affiliated stakeholders remain concerned about Tesla, even with Musk's pledge to step back from DOGE

Tesla CEO Elon Musk said on Tuesday that his role at the White House DOGE office will be secondary as he devotes more time to the EV company. Some large Tesla stakeholders and state officials criticizing the company's leadership told Business Insider that they are still concerned. "The company's disappointing earnings were proof that his lack of focus has indeed hurt the company and has permanently damaged the brand value of Tesla," Michael Frerichs, treasurer for the state of Illinois, said in a statement ...