Musk to reduce Doge role after Tesla profits plunge
Tesla boss Elon Musk says he will cut back his role in Donald Trump's administration after the company's profits and revenues plunged during the first three months of the year.
Sales slumped and the electric carmaker faced a backlash as Musk became a political fixture in the White House.
On Tuesday, the firm reported a 20% drop in automotive revenue in the first quarter of 2025, compared with the same period last year, while profits fell more than 70%.
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