According to The Kobeissi Letter, Elon Musk has stated that federal employees who fail to return to the office will be placed on administrative leave starting this week. This decision could potentially impact market sentiment as it may influence employment trends and productivity rates, affecting related sectors.

According to The Kobeissi Letter, Elon Musk announced that federal employees who do not return to the office will be placed on administrative leave starting this week. This decision could impact market sentiments regarding companies dependent on federal contracts, as it may influence operational efficiencies and project timelines.