Musk to reduce role with Trump administration as Tesla profits plunge

Elon Musk plans to "significantly" reduce his work for US President Donald Trump's administration in May to focus on Tesla, the billionaire CEO said Tuesday. Tesla reported a 71 percent drop in quarterly profits as analysts warn of brand damage due to Musk's work on behalf of Trump for the Department of Government Efficiency.

Apr 23, 2025 - 03:00
182116
Musk to reduce role with Trump administration as Tesla profits plunge
Elon Musk plans to "significantly" reduce his work for US President Donald Trump's administration in May to focus on Tesla, the billionaire CEO said Tuesday. Tesla reported a 71 percent drop in quarterly profits as analysts warn of brand damage due to Musk's work on behalf of Trump for the Department of Government Efficiency.

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.