Elon Musk
Work at Doge “widely completed”, the millionaire is now dedicated to his company, with profits below expected since the beginning of the year.
Billionaire Elon Musk, a counselor near Donald Trump, revealed today that, from May, he will spend much less time to lead the Department of Government Efficiency (Doge), created by the US President to reduce federal expenses.
“Probably from next month, May, the time I will allocate to Doge will decrease significantly,” Musk said during a conference call to publicize the results of the first quarter of Tesla, a leader’s electric vehicle company.
“From next month, I will devote more time to Tesla“, He assured, adding that the“ crucial work ”of the Efficiency Department was“ widely completed ”.
The group today announced results from the first quarter shorter of expectations, affected in particular by the close collaboration of Elon Musk with the Trump administration.
Tesla has been under attack in the United States and other countries, affected by vandalism acts, boycott requests or protests.
Yours Global sales fell more sharply than expected In the first quarter, with only 336,681 vehicles delivered (-13% in homologous terms), according to the figures published in early April.
According to the newspaper, Tesla’s total revenue with the sale of cars fell 20% and the Net profit fell 71% during the first quarter of 2025according to the company on Tuesday.
“As we know, there were repercussions because of my time in government … I think the work we are doing there is really very important to control the insane deficit that is leading our country, the United States, to destruction,” musk stressed.
“The Doge team has made great progress in elimination of waste and fraud“He continued, accusing“ those who received the wasted dollars ”of being behind the retaliation against Tesla and the attacks.
According to the CFO (CEO) Vaibhav Taneja, “the negative impact of vandalism and unjustified hostility against the brand and employees impacted certain markets. ”
“Despite this, we were able to sell all the older models in the United States, China and some other markets around the world,” he added.
In the first quarter, Tesla began adapting its production lines to the latest version of its Model and, The latest consumption model to be launched since 2020.
