The Department of Government Efficiency (DOGE), led by billionaire Elon Musk, has wreaked havoc ever since forming under President Donald Trump’s second presidential term. The agency’s extensive layoffs within the federal government had have damning consequences.

So Louis DeJoy decided to have DOGE work with him. The nation’s top mailman this week signed an agreement with Elon Musk’s Department of Government Efficiency to collaborate o

U.S. Postmaster General Louis DeJoy told Congress he signed an agreement with DOGE to provide assistance to address "big problems."

This suggests that a reaction from consumers who dislike Mr Musk’s antics are only one reason for falling sales. An updated Model Y, Tesla’s best-selling vehicle, has just gone on sale. In preparation Tesla ran down inventory of the old model, crimping supply. Customers doubtless held off purchases until the new car was available.

Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla.