Elon Musk told Tesla investors that he would be spending far less time at DOGE next month, as his company’s bottom line is hit by political blowback and his special employee status ends.
“Starting next month, in May, my time allocation to DOGE will drop significantly,” Musk said during a Tesla earnings call with investors, broadcast on Tesla’s X account (a company Musk also owns). “I will be allocating far more of my time to Tesla.”
The call came shortly after Tesla released a lackluster first-quarter earnings report after market close Tuesday. The company’s net income dropped 71% in the first quarter, a grim figure — and Tesla overall missed analyst expectations across the board.