Tesla shares give back some gains on a report that Musk will remain at DOGE for 4 months

Shares of Tesla rebounded by 4% today after a string of selloffs uncluding a 6% drop yesterday.

However in just the past few minutes, shares have given up some of today's gain on a report from Fox's Charlie Gasparino.

Musk has told people he plans to spend the next four months working on DOGE; he’s aiming to cut $2 trillion from the budget through DOGE; once DOGE'S goals are met, inflation will be dropping to 2%; Musk has said he works so hard on DOGE he’s sleeping in his White House office.

Tesla bulls are hoping for renewed sales momentum with fresh models and the rollout of self-driving cars in June.