April 23, 2025
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8:15Now PlayingElon Musk goes full panic during Tesla board meeting after reports prove he is crashing the company and announces he will be retreating from his government position overseeing the disastrous DOGE team antics to try to save the company brand and stock shares. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Tesla’s fall in numbersThe staggering profit drops that forced Musk to step back from DOGE
"At the start of the year, Tesla’s share price was at an all-time high.
Elon Musk, owner of the electric vehicle giant, was coasting on the win of his ally Donald Trump, and investors were hedging their bets that soon-to-be-President Trump would enact policies in favour of Tesla and the billionaire’s other companies.
But with an astronomical fall in share price, tanking sales and shrinking profits, the reality for Tesla has been far different – and much of it is tied to Musk’s public-facing role in the controversial Department of Government Efficiency (DOGE)."
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