‘Will spend less time at DOGE’: Musk to focus on Tesla as its profits plunge 71%

Elon Musk announced his reduced involvement with the Department of Government Efficiency (DOGE) starting in May, coinciding with Tesla’s 71% profit drop and a 9% revenue decrease. Analysts attribute Tesla’s sales decline partly to Musk’s controversial DOGE role, sparking protests and vandalism. Elon Musk announced his reduced involvement with the Department of Government Efficiency (DOGE) starting in May, coinciding with Tesla’s 71% profit drop and a 9% revenue decrease. Analysts attribute Tesla’s sales decline partly to Musk’s controversial DOGE role, sparking protests and vandalism.