Tesla profits plunge amid Musk backlash

Tesla profits plunge amid Musk backlash


Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year. The tech boss said he would now "be allocating far more of my time to Tesla", but suggested he would not leave the Trump administration completely, calling the work "critical" and pledging to stay on "as long as the president would like me to do so and as long as it's useful". Georg Ell, who knew Musk and was director for Western Europe at Tesla, told the BBC's Today programme that if the multi-billionaire "focuses on the companies where he is extraordinary, I think people will focus once again on the quality of the product and experiences".


Published at: 2025-04-22 21:28:40

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