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NewsFlash / Steel / Musk to Reduce Role in Trump Administration but Stays on at US 'Department of Government Efficiency'; Tesla Reports Q1 Net Income Decline
Musk to Reduce Role in Trump Administration but Stays on at US 'Department of Government Efficiency'; Tesla Reports Q1 Net Income Decline
iconApr 23, 2025 10:28
Source:SMM
【Musk: Will Not Resign from US "Department of Government Efficiency"】Tesla CEO Elon Musk stated that he plans to "significantly" reduce his work for the Trump administration in May to focus on Tesla. However, Musk also mentioned that he will not resign from the US "Department of Government Efficiency," but will only reduce his time allocation. Tesla announced a Q1 net income of $409 million on the same day, a 71% decrease compared to the same period last year.

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