Tesla, Elon Musk
Digest more
Top News
Overview
Future outlook
Bloomberg |
the company’s fortunes have taken a turn for the worse.
USA Today |
Elon Musk will leave the Department of Government Efficiency this spring, according to reports from Fox News.
U.S. News & World Report |
Elon Musk recently suggested that he will be done with his work in the near future.
Read more on News Digest
CEO Elon Musk has been highly preoccupied with his new position at the so-called Department of Government Efficiency (DOGE), leaving investors to wonder about Tesla’s future. As share prices have fallen,
Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.
Elon Musk's past 24 hours have shown troubling signs for his political and personal fortunes.
After months as Trump's austerity czar, Musk is stepping away from government—but not before torching his own brand.
The depths of Elon Musk's bromance with Texas leaders seem to be growing by the day. He's already received tens of millions of dollars in tax incentives over the years to bring companies like SpaceX and Tesla to Texas.
Explore more
Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.
Still, Deutsche Bank analysts expect a 5% sales drop this year, assuming a staggered rollout of Tesla's anticipated cheaper car. Tesla is expected to prioritize delivery volumes at the cost of margins again this year with more incentives and lucrative financial deals, they said.
Is Tesla losing its charge? The electric car company dropped in value as its CEO ramped up his involvement in the Trump administration.
Tesla sales have plummeted to their lowest level in three years after a backlash against its boss Elon Musk. The electric car maker delivered almost 337,000 electric vehicles in the first three months of 2025, a 13% drop from a year ago. Tesla shares tumbled in early trading on Wednesday after the release of the low sales numbers.