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Elon's days in the White House may be numbered

  • Tesla shares rose 9% after Elon Musk announced he would reduce his political involvement, enhancing investor confidence in the company.
  • Despite a 71% drop in earnings, analysts believe Musk's focus could help address major challenges for Tesla's brand and sales.
  • Musk stated he would dedicate more time to Tesla starting next month, aiming to alleviate pressure on the company amid declining sales.
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BizToc broke the news in on Wednesday, April 23, 2025.
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