Tesla CEO Elon Musk has promised shareholders he’ll spend more time on his company and less time in the White House.
Tesla reported a 71 percent drop in first quarter profits, and its shares have tumbled by almost 40% this year. Analysts have pointed to Musk’s controversial politics as one likely reason. As Head of the Department of Government Efficiency or DOGE, Musk has overseen the firing of thousands of federal workers. Tesla stocks rallied right after the announcement.
Interviews with analyst Kathleen Brooks from minerva Analysis, and Lars Halter from DW Business.
#tesla #elonmusk #tariffs
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
