Elon Musk's chainsaw has been swinging through the federal government over the last few weeks, with his Department of Government Efficiency (DOGE) chopping down budgets and excising staff at a number of agencies.

Elon Musk's DOGE is gutting the the National Highway Traffic Safety Administration, which has a long history of investigating Tesla.

Tesla’s financial tale, however, has taken a turn since Trump took the oath of office with Tesla stock down over 17% since Jan. 21, as of midday Friday. Just weeks before the inauguration, Tesla reported the first full-year drop in global sales in its history as a public company, according to a report from CNN.