The EV giant’s boss told Tesla investors that his hours at the Department of Government Efficiency (DOGE) will “drop significantly ... 9% and profits plunged 71% to $409 million.

The company’s first-quarter earnings plunged 71 per cent to US$409 million (S$536 million), down from US$1.4 billion in the same period a year ago, it announced on April 22. Tesla omitted an ...

This decision comes amidst a tumultuous quarter for Tesla, marked by a 71% drop in profits and a 9% decline in revenue. Analysts suggest that Musk's White House role has contributed to a branding ...

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The Austin, Texas, company reported a 71% drop in profits and a 9% decline in revenue for the first quarter.“Investors wanted to see him recommit to Tesla,” said Wedbush Securities' Dan Ives.

The decline in automotive revenue was particularly stark, with car sales plunging 20 percent year-on-year.

NEW YORK (AP) — Elon Musk says he’ll dedicate more time to Tesla starting in May after the company reported a big drop in first-quarter ... profits fell by 71% to to $409 million, or 12 ...

Tesla’s profits fell 71 percent in the first three months of ... my time allocation to DOGE will drop significantly,” Musk said, according to CNN. Still, he defended the job DOGE has done ...

Elon Musk says he´ll dedicate more time to Tesla and his role as 'First Buddy' will 'drop significantly' starting ... The automaker's first-quarter profits cratered 71 percent, with the EV ...

The company's net income reflects a 71% drop from the same quarter last year. It was the worst quarter for Tesla deliveries in more than two years and came on the heels of the company’s first-ever ...

Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell short of analysts' expectations. A judge used Trump ...