Musk To Reduce White House Role As Tesla Profits Plunge

Musk recommits to Tesla as profits tank. Can the company recover?

After reporting Tesla’s tanked first quarter profits, Elon Musk blames protests and vows to spend more time with the company. Will it be enough to turn things around?

The CEO of Tesla, Elon Musk, announced that from next month he will significantly reduce his time to collaborate with the Trump administration, focusing more on the management of his multiple companies, including the aforementioned one, Tesla. READ ALSO:Trump proposes "final offer" of peace for Ukraine The decision comes in a context of growing criticism for his participation in the Department of Governmental Efficiency (DOGE), where he has led …

The entrepreneur Elon Musk wants to "substantially" shut down his activities for the government of US President Donald Trump. The announcement was made after a strong decline in sales at his electric car company Tesla

Musk To Reduce White House Role As Tesla Profits Plunge

Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire announced Tuesday as the electric vehicle maker reported a 71 percent drop in first-quarter profits.

Tesla lost track, went off track, and was two billion dollars lower than expected for the first quarter of the year. On the Morning Express, Paulo Baldaia talks with the editor of Economia do Expresso, Miguel Prado

The U.S. president has not spoken to Elon Musk about his decision to spend more time with Tesla, whose sales have sunk by 70%. More information: Musk's 'trumping' costs Tesla 3.4 billion in revenue from the car he seeks to save with energy