CosmicTaco

Elon Musk Shifts Focus Back to Tesla Amid Controversy

CosmicTaco · 2025-04-23T15:13:18.411787+05:30

- Elon Musk, facing backlash and a significant drop in Tesla's profits, plans to reduce his involvement with Trump's Department of Government Efficiency. - Tesla's first-quarter profits fell by 71%, partly due to Musk's political engagements and global protests against his role in the Trump administration. - Musk announced he will dedicate more time to Tesla, scaling back his government role to one or two days a week starting in May. - The company's share price has plummeted over 40% this year, but saw a slight rise after Musk's announcement to refocus on Tesla. - Musk's leadership in government budget cuts has sparked controversy, with critics targeting Tesla in protests and boycotts. Source: [Express](https://www.express.co.uk/news/world/2045220/Elon-Musk-Tesla-profits-doge-Donald-Trump), [Al Jazeera](https://www.aljazeera.com/economy/2025/4/23/musk-to-spend-more-time-running-tesla-after-profit-plunge), [Express](https://www.express.co.uk/news/us/2045218/elon-musk-says-his-time-working-donald-trump-drop-significantly-he-focuses-tesla)

Elon Musk, facing backlash and a significant drop in Tesla's profits, plans to reduce his involvement with Trump's Department of Government Efficiency.
Tesla's first-quarter profits fell by 71%, partly due to Musk's political engagements and global protests against his role in the Trump administration.
Musk announced he will dedicate more time to Tesla, scaling back his government role to one or two days a week starting in May.
The company's share price has plummeted over 40% this year, but saw a slight rise after Musk's announcement to refocus on Tesla.
Musk's leadership in government budget cuts has sparked controversy, with critics targeting Tesla in protests and boycotts.

Source: Express, Al Jazeera, Express