US EditionElon Musk to step back from Doge as Tesla profits plunge
- Elon Musk will step back from his role in the Department of Government Efficiency in May after Tesla reported a 9% revenue drop and a 71% decline in net income year over year.
- Musk informed investors during an earnings call that he would focus on his business ventures as Tesla's stock fell over 40% this year.
- Jimmy Kimmel joked that Musk's declining popularity contributed to Tesla's struggles, suggesting he should sell the company to someone more likable.
- Musk stated, 'Starting next month, May, my time allocation to DOGE will drop significantly,' as he balances family and business commitments.
15 Articles
15 Articles
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Elon Musk Scaling Back DOGE Role “Significantly As Tesla Profits Plunge, Social Media Vows To Make His Life Miserable
Source: The Washington Post / Getty / Elon Musk Phony Stark, aka Elon Musk, learned the hard way that it truly doesn’t pay to align yourself with Donald Trump and ruin people’s lives in the process. Spotted on BBC, word on the street is Elon Musk has had enough of being involved in government because it’s tanking his bottom line. According to the website, Musk will “significantly” scale back his role in the US Government in response to Tesla’s p…
Jimmy Kimmel: Only One Way for Elon Musk to Save Tesla
Jimmy Kimmel came up with only one conclusion for Elon Musk to save Tesla after the billionaire CEO announced he is stepping away from his role in Trump’s cabinet to focus on his declining business ventures. Musk told investors on Tuesday, “Starting next month, May, my time allocation to DOGE will drop significantly.” Kimmel joked in his monologue Wednesday that the decision could be due to his ever-expanding family, but ultimately suggested the…
Elon Musk to Step Back from DOGE Leadership Amid Tesla Struggles
Elon Musk will step back from DOGE leadership amid Tesla’s financial slump. Credit: NORAD and USNORTHCOM Public Affairs / Public Domain Elon Musk says he will significantly reduce his role in DOGE U.S. government advisory work to refocus on Tesla, after the electric carmaker posted a sharp drop in profit and sales in early 2025. Musk, who has led the Department for Government Efficiency (DOGE) since last year, said he would cut the time spent wi…
Tesla CEO Elon Musk To Scale Back His Involvement With DOGE
Source: The Washington Post / Getty Tesla CEO Elon Musk says he’ll be stepping back from his role in the Department of Government Efficiency in May after Tesla reported a drop in profit and sales. In the first quarter of 2025, Tesla’s revenue fell by 9%, with auto revenue dropping 20% and net income plummeting 71% year over year. Musk informed investors of his decision to step back from his government role on an earnings call. “The large slug of…
Musk reducing DOGE work after Tesla profits drop 71%
Elon Musk told Tesla investors he will be refocusing his attention on the company and significantly reduce the time he spends on DOGE beginning in May. NBC News Business and Data Correspondent Brian Cheung and New York Times Reporter Teddy Schleifer join Chris Jansing to explain more.
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