Tesla CEO Elon Musk has promised shareholders he’ll spend more time on his company and less time in the White House.
Tesla reported a 71 percent drop in first-quarter profit, and the electric carmaker’s stock is down nearly 40 percent this year. Analysts have pointed to Musk’s controversial politics as a likely reason. As head of the Department of Government Efficiency (DOGE), Musk oversaw the firing of thousands of federal employees. And on his social media platform, X, he has supported a number of far-right political figures.
Chapters:
00:00 Musk promises changes after bad quarter for Tesla
00:35 Sarah Sendner, Financial Correspondent
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News post in April 23, 2025, 6:04 am.
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