explore the 2025 jeep compas: adventure awaits!...
April 24, 2025
12:39 pm
celebrate the holidays in a new hyundai palisade...
April 24, 2025
12:43 pm
Elon Musk to step back from DOGE as Tesla battles profit slump
April 24, 2025
12:44
Elon Musk announced on Tesla’s quarterly earnings call on Wednesday that he will “drop significantly” his participation in the Department of Government Efficiency (DOGE) beginning in May. The task force, a centerpiece of President Trump’s cost-cutting agenda, has drawn fire for sweeping job cuts and allegations of voter data misuse. Musk said the time reprieve will allow him to concentrate on Tesla’s operations, CBS News reported.
Read more:
Tesla’s earnings report underscored mounting pressures on electric vehicle makers. The company posted a 71% plunge in quarterly profit and a 9% decline in revenue, falling short of Wall Street forecasts. Its shares, which had slumped more than 50% from a December peak, jumped 4% on Musk’s DOGE announcement, closing at $247.53.
Recent Posts
need a new car? rent to own cars no credit check ...
April 24, 2025
12:39 pm
want an suv with easy access and comfort for seniors? here’s how to get it!...
April 24, 2025
12:27 pm
drive into the future with the 2025 subaru forester...
April 24, 2025
12:15 pm
explore surprisingly affordable luxury ram 1500...
April 24, 2025
12:21 pm
However, analysts caution that the damage from Musk’s political affiliations may linger. “Musk’s personal brand has taken a hit due to his political affiliations, and stepping back from DOGE may not be enough to reverse that,” warned Adam Crisafulli of Vital Knowledge.
Read more:
Since its launch, DOGE has polarized opinion in Washington. Proponents praise its efforts to root out waste and fraud, while critics decry cuts to essential programs and question the use of voter data. The initiative has already spawned multiple lawsuits and drawn significant public backlash.
Recent Posts
2025 jeep wrangler price one might not want to miss!...
April 24, 2025
12:40 pm
explore the 2025 jeep compas: adventure awaits!...
April 24, 2025
12:24 pm
celebrate the holidays in a new hyundai palisade...
April 24, 2025
12:42 pm
need a new car? rent to own cars no credit check ...
April 24, 2025
12:42 pm
Musk’s reduced involvement is unlikely to end the controversy, but it signals a strategic retreat as he grapples with pressing business challenges.
Tesla’s troubles extend beyond political controversies. Legacy automakers and deep-pocketed rivals in Europe and China are rolling out competitive EV models. Chinese manufacturer BYD recently unveiled a battery capable of recharging vehicles in minutes—a direct challenge to Tesla’s dominance in its largest overseas market.
Tensions with China have also forced Tesla’s hand: the company halted new orders for its Model S and Model X in mainland China earlier this month amid fears of retaliatory tariffs.
Recent Posts
want an suv with easy access and comfort for seniors? here’s how to get it!...
April 24, 2025
12:20 pm
drive into the future with the 2025 subaru forester...
April 24, 2025
12:36 pm
explore surprisingly affordable luxury ram 1500...
April 24, 2025
12:38 pm
2025 jeep wrangler price one might not want to miss!...
April 24, 2025
12:21 pm
Production of the more affordable Model 3 and Model Y continues at Tesla’s Shanghai plant for domestic consumers.
As Musk reorients his focus on Tesla, the company faces a confluence of political, competitive, and market headwinds. Balancing global expansion, product innovation, and brand perception will test the resilience of both Tesla and its high-profile CEO in the months ahead.
This article Elon Musk to step back from DOGE as Tesla battles profit slump appeared first on BreezyScroll.
Read more on BreezyScroll.
Recent Posts
Austria has officially given one of Europe’s most controversial buildings a new identity. The house where Adolf Hitler was born in 1889 has reopened as a police station, marking the end of years of debate...
July 23, 2026
4:35 am
explore the 2025 jeep compas: adventure awaits!...
July 23, 2026
4:19 am
Christopher Nolan’s The Odyssey has introduced a new generation of moviegoers to one of Greek mythology’s most unforgettable encounters: Odysseus versus the Cyclops Polyphemus. While the sequence unfolds as a gripping survival thriller on screen,...
July 23, 2026
4:33 am
celebrate the holidays in a new hyundai palisade...
July 23, 2026
4:15 am
The temporary 10% tariff that has applied to most Indian goods entering the United States since February is set to expire on Friday, marking a pivotal moment in US-India trade relations. But while the tariff’s...
July 23, 2026
4:29 am
need a new car? rent to own cars no credit check ...
July 23, 2026
4:08 am
Archaeologists in El Salvador have uncovered nearly 3,000-year-old human remains buried beneath layers of volcanic ash, offering a rare glimpse into one of Central America’s earliest known societies. The discovery, announced by the country’s Ministry...
July 23, 2026
4:28 am
want an suv with easy access and comfort for seniors? here’s how to get it!...
July 23, 2026
4:00 am
A French model scout who spent more than a decade introducing aspiring models to convicted sex offender Jeffrey Epstein has been found dead at his home near Paris, according to French authorities. Daniel Siad, a...
July 23, 2026
4:24 am
drive into the future with the 2025 subaru forester...
July 23, 2026
4:16 am
Abhijeet Dipke, the founder of the viral Cockroach Janta Party (CJP), has emerged as one of India’s most talked-about political communicators after his satirical online movement attracted millions of followers within days of its launch....
July 23, 2026
4:20 am
explore surprisingly affordable luxury ram 1500...
July 23, 2026
4:01 am