For Tesla investors, Elon Musk’s involvement with Donald Trump has been a car wreck that’s unfolded in two chapters, one in slow motion, the next on dizzying fast-forward. During Musk’s 130 days running DOGE, a crusade whose dogged aggression virtually defined the administration’s mindset in the early months, the EV chief infuriated European customers by backing far-right politicians, and as sales dropped in the likes of Germany and France, and severe competition shrank its market share in China, neglected tackling Tesla’s mounting problems by doubling down by famously battling to slash departments and headcount from the White House. In his absence, Tesla’s stock and earnings tanked.

Bad as that episode proved for Tesla, it at least provided a potential upside. “Even before DOGE, Musk cle

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