As Musk winds down at DOGE, he returns to a business empire flush with opportunities and fewer investigations—but new reputational challenges.

Shares in Tesla Inc. recently traded nearly 2% higher, even as the S&P 500 index dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and declared that the car company’s sales are improving.

The United States government may eliminate tax credits for electric vehicles. This is part of a larger bill proposed by President Trump. The bill ends credits for new and used EVs, plus charger installation.