{"id":10811,"date":"2025-04-23T15:27:40","date_gmt":"2025-04-23T07:27:40","guid":{"rendered":"https:\/\/tingchao.xyz\/?p=10811"},"modified":"2025-04-24T09:22:02","modified_gmt":"2025-04-24T01:22:02","slug":"musk-says-time-spent-on-doge-will-drop-next-month-as-tesla-sales-plunge","status":"publish","type":"post","link":"https:\/\/tingchao.xyz\/?p=10811","title":{"rendered":"Musk says time spent on DOGE will drop next month as Tesla sales plunge"},"content":{"rendered":"\n<figure class=\"wp-block-image alignwide size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"732\" height=\"438\" src=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/04\/6-1.jpg\" alt=\"\" class=\"wp-image-10812\" srcset=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/04\/6-1.jpg 732w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/04\/6-1-300x180.jpg 300w\" sizes=\"auto, (max-width: 732px) 100vw, 732px\" \/><\/figure>\n\n\n\n<p>Tesla CEO Elon Musk said on Tuesday he plans to spend less time working on the White House\u2019s Department of Government Efficiency (DOGE) initiatives to focus more on the electric vehicle manufacturer, which saw its sales plummet in the first quarter.<\/p>\n\n\n\n<p>\u201cStarting probably in [the] next month, May, my time allocation to DOGE will drop significantly,\u201d Musk said on a Tesla earnings call Tuesday evening. \u201cI\u2019ll have to continue doing it for, I think, the remainder of the president\u2019s term just to make sure that the waste and fraud doesn\u2019t come roaring back, which we\u2019ll do, if it has the chance.\u201d<\/p>\n\n\n\n<p>The tech billionaire said he will likely spend one to two days of the week on \u201cgovernment matters\u201d for \u201cas long as the president would like me to do so and as long as it is useful,\u201d but he noted the major work of establishing DOGE is done.<\/p>\n\n\n\n<p>May 30 marks the end of Musk\u2019s special government status, and dozens of Democratic lawmakers called on Trump earlier this month to confirm Musk will leave his role in the administration by that date.<\/p>\n\n\n\n<p>Tesla\u2019s quarterly earnings dropped by 71 percent, the company announced Monday, falling to $409 million, or 12 cents a share. The company\u2019s revenue fell 9 percent to $19.3 billion, far lower than analysts\u2019 expectations.<\/p>\n\n\n\n<p>DC Bureau: Hegseth Second Signal Chat<\/p>\n\n\n\n<p>Next<\/p>\n\n\n\n<p>Stay<\/p>\n\n\n\n<p>The results come as Musk faces mounting scrutiny over his leadership of DOGE, which has involved mass layoffs at federal agencies and the gutting of federal spending programs.<\/p>\n\n\n\n<p>\u201cI believe the right thing here is to just fight the waste and fraud and get the country back on the right track and working together with President Trump and his administration, because if the ship of America goes down, we all go down with it, including Tesla and everyone else,\u201d Musk told investors.<\/p>\n\n\n\n<p>Sign up for the Morning Report<br>The latest in politics and policy. Direct to your inbox.<\/p>\n\n\n\n<p>Email address<br>By signing up, I agree to the Terms of Use, have reviewed the Privacy Policy, and to receive personalized offers and communications via email, on-site notifications, and targeted advertising using my email address from The Hill, Nexstar Media Inc., and its affiliates<\/p>\n\n\n\n<p>Musk\u2019s comments about his time allotment come just hours after a group of eight Democratic state treasurers wrote to the chair of Tesla\u2019s board about the company\u2019s faltering performance.<\/p>\n\n\n\n<p>In a letter to Tesla Chair Robyn Denholm, the treasurers voiced concerns that the company\u2019s recent difficulties indicate \u201cdeeper governance and leadership challenges\u201d that could ultimately impact their states.<\/p>\n\n\n\n<p>\u201cCEO Elon Musk continues to divide his attention across multiple companies and a high-profile advisory role within the federal government,\u201d they wrote. \u201cThese external commitments raise serious questions about whether Tesla\u2019s leadership is fully engaged in addressing the company\u2019s core challenges.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla CEO Elon Musk said on Tuesday he plans to spend less time working on the White House\u2019s Department of Government Efficiency (DOGE) initiatives to focus more on the electric vehicle manufacturer, which saw its sales plummet in the first quarter. \u201cStarting probably in [the] next month, May, my time allocation to DOGE will drop [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":10812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[2872,2603,2411],"class_list":["post-10811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-doge","tag-musk","tag-tesla"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.0 - 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