60 h. ago Tesla’s fall in numbers: The staggering profit drops that forced Musk to step back from DOGE

A 71 per cent drop in profits and tanking share price have forced Elon Musk to cut down his time as Trump’s costcutter-in-chief. Alicja Hagopian and Karl Matchett explore what happened

Politics

62 h. ago Elon Musk's rift with Donald Trump exposed by six clues 'power couple' could be on the rocks

Elon Musk will be spending less time with Donald Trump's administration following the news of his company Tesla seeing their profits drop by a staggering £308million

Politics

64 h. ago Trump latest updates: Elon Musk to ‘significantly’ step back from DOGE role after Tesla profits plunge

Musk told investors that he would likely cut back his work for Donald Trump’s Department of Government Efficiency to one or two days a week

Politics

67 h. ago Elon Musk to slash Doge work as 'blowback' hits Tesla profits

Tesla has seen its profits plunge by 71% this year

Economics

3 d. ago Elon Musk makes bombshell announcement about his future with DOGE as Tesla's profits drop 71%

Elon Musk says he´ll dedicate more time to Tesla and his role as 'First Buddy' will 'drop significantly' starting in May after the company reported a downfall in first quarter profits.

Events

3 d. ago Elon Musk says his time working for Donald Trump will 'drop significantly' as he focuses on Tesla

Elon Musk currently spends a large portion of his professional time working for Donald Trump's Department of Government Efficiency (DOGE) - but first-quarter profits at Tesla sank this year

Politics

3 d. ago Elon Musk to pull back in Doge role starting May amid 71% dip in Tesla profits

CEO to pare back White House work to one to two days weekly as analysts say role has caused branding crisisThe Tesla chief executive Elon Musk said he will start pulling back from his role at the so-called “department of government efficiency” starting in May. Musk’s remarks came as the company reported a massive dip in both profits and revenues in the first quarter of 2025 amid backlash against Musk’s role in the White House.On an investor call, Musk said the work necessary to get the government’s “financial house in order is mostly done”. Continue reading...

Politics

3 d. ago Musk to prioritise Tesla over White House role as profits slump

Planned shift comes after electric-car maker’s sales disappoint

Events

3 d. ago Elon Musk says time with Donald Trump's DOGE will 'drop significantly' as Tesla profits plunge

Tesla’s first-quarter profits plunged by more than two-thirds amid a backlash against the electric car company which has damaged sales and sent its stock plunging

Politics

3 d. ago Tesla suffers massive revenue and profit plunge while Musk runs DOGE for Trump

The company just reported its lowest revenue since Q3 2021

Politics

3 d. ago Tesla sales plunge as carmaker warns ‘political sentiment’ could impact future demand

Profits slide 71% to $409m as analysts conclude Elon Musk’s role in White House has caused branding crisisTesla saw a 9% drop in revenue year over year in the first quarter of 2025. The company brought in $19.3bn in revenue, well below Wall Street expectations of $21.45bn. The company reported an earnings per share of 27 cents, also well under investor expectations of 43 cents in earnings per share.Tesla profits also slid 71% to $409m compared with $1.39bn in net income the previous year. Continue reading...

Events

3 w. ago Elon Musk unveils $20B undersea hyperloop to slash New York–London travel to 54 minutes

Elon Musk unveils $20B undersea hyperloop to slash New York–London travel to 54 minutes  The Brighter Side of News

Politics