Elon Musk, head of the United States Department of Government Efficiency (DOGE) and CEO of Tesla, addressed concerns about Tesla’s stock and government crypto policies during a town hall event in Green Bay, Wisconsin. Speaking to attendees, Musk assured that Tesla’s long-term prospects remain strong, stating, “Long-term, Tesla stock is going to do fine.”

Musk used the platform to express frustration over political figures drawing attention to Tesla’s stock performance. Specifically, he called out Minnesota Governor Tim Walz, who had publicly joked about Tesla’s share value earlier in March. “It's costing me a lot to be in this job. You had Tim Walz dancing on stage showing a chart of Tesla stock, which is really a horrible thing for him to do,” Musk said. “They're trying to put massive pressure on me and Tesla,” he added, referring to the perceived political targeting.

Despite short-term volatility and public scrutiny, Musk reiterated confidence in Tesla’s overall trajectory, implying that external criticisms would not derail the company's innovation or growth strategy.

During the event, an audience member also asked Musk about the future of Dogecoin, the cryptocurrency often associated with him. In response, Musk clarified the government’s position: “There are no plans for the government to use it.” His statement definitively shut down speculation about any official role for Dogecoin within U.S. economic or technological policy under his department.

Musk’s dual role as a top government official and CEO of a major corporation has drawn both praise and criticism, with debates continuing over how these responsibilities intersect. His remarks in Green Bay touched on that complexity, especially as he addressed both the burdens of public service and the market perception of his private ventures.

As Tesla continues to face intense market scrutiny and political attention, Musk’s statements suggest a steady confidence in the company’s resilience. Meanwhile, his clarification on Dogecoin signals no current intent to blend popular crypto memes with federal infrastructure or monetary systems.