Will Tesla's profit plunge force CEO Musk to shift priorities? | DW News
April 23, 2025
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9:06Now PlayingWill Tesla's profit plunge force CEO Musk to shift priorities? | DW News
YouTube Description
as posted by the channelTesla 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
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