Tesla Profits Plunge 71% as Musk Vows Less Focus on Government,

Written by on April 24, 2025

As Tesla reports a 71% drop in profits and a 20% decline in car sales, CEO Elon Musk says he’ll scale back his focus on federal government matters but will continue his involvement with DOGE.

On a call with investors, he defended his political efforts and downplayed protests against Tesla as “paid for,” claiming demand remains strong despite falling sales.

As Tesla profits plunge, Musk says he’ll spend less time on DOGE : NPR

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