Tesla CEO Musk says time he spends on DOGE will drop considerably from Might
The Q1 end result from Tesla are right here:
- Tesla earnings: Income of $19.335B vs $21.111B anticipated
CEO Musk as been spending his time at his authorities job as an alternative of specializing in his automobile enterprise. The Q1 outcomes are dangerous, however Q2 could possibly be worse as tariff impacts hit.
Musk is, not less than, starting to handle the difficulty, promising to spend much less time in his authorities job and getting again to enterprise. On the Tesla traders’ name, Musk mentioned he’ll trim down his time spent on DOGE to at least one or two days every week beginning subsequent month.
Some constructive information for hapless TSLA share holders.
Additionally, some constructive information from Trump a couple of minutes in the past. Let’s hope it lasts and isn’t reversed in his subsequent tweet:
- Trump backing away from tariffs, backing away from firing Powell – will it final?
- Trump says he has no plans to Hearth Federal Reserve Chair Powell
- Trump says he’s going to be very good to China, they should make a deal
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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