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Elon Musk Shifts Focus Back to Tesla
- Elon Musk announced he will reduce his involvement with the Trump administration's Department of Government Efficiency, dedicating more time to Tesla starting in May.
- Tesla's first-quarter profits plunged 71%, prompting Musk to reassure investors by reallocating his focus to the electric carmaker.
- Despite backlash and protests against his political ties, Musk remains committed to his role in government, albeit on a reduced schedule.
- Tesla's stock rose 4.6% in after-hours trading following Musk's announcement, signaling investor relief.
- Musk expressed optimism about Tesla's future, highlighting plans for autonomous vehicles and humanoid robots.
Source: Al Jazeera, Zerohedge, Gazette, New York Post, Npr, Nbc News
3mo ago
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