Yes. He is stepping down because he has to, by law.
He was hired as a special government employee (SGE). As such, he can't work for the federal government for more than 130 days out of 365.
It's so that the government can take advantage of a nongovernmental employee's specific expertise in an area. But since they are not a federal employee, and have not passed all the security requirements and other criteria that a government job may have and since their "real job" may pose conflicts of interest with their role as a SGE, the time they can work for the government is limited to 130 days out of 365. Elon has met that 130 day limit and has to step down by law.
Yes. He is stepping down because he has to, by law.
He was hired as a special government employee (SGE). As such, he can't work for the federal government for more than 130 days out of 365.
It's so that the government can take advantage of a nongovernmental employee's specific expertise in an area. But since they are not a federal employee, and have not passed all the security requirements and other criteria that a government job may have and since their "real job" may pose conflicts of interest with their role as a SGE, the time they can work for the government is limited to 130 days out of 365. Elon has met that 130 day limit and has to step down by law.