After Tesla revealed a 71% disastrous drop in profits and share price, Elon Musk says he’s cutting down his time as Trump’s costcutter-in-chief. His controversial Trump administration role has been blamed for a plunge in profits and sales at the company.
“Starting next month, May, my time allocation to DOGE will drop significantly,” Musk said during a Tesla earnings call.
The Tesla CEO’s right-wing viewpoints and polarizing political stance have resulted in a significant drop in sales overseas as well. Musk dismisses the protests at Tesla dealerships, claiming, without proof, that they are ‘paid protestors.’