Elon Musk Says He Will Scale back Work For Trump As Tesla Earnings Drop 71%

Elon Musk plans to “considerably” scale back his work for Donald Trump’s administration in Could to concentrate on Tesla, the billionaire CEO mentioned Tuesday.

“Most likely within the subsequent month, my time allocation to DOGE will drop considerably,” Musk mentioned on an earnings convention name. Tesla reported a 71 p.c drop in quarterly earnings as analysts warn of brand name injury because of Musk’s work on behalf of Trump for the “Division of Authorities Effectivity.”

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