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DOGE chief Elon Musk says he's running businesses 'with great difficulty' as Tesla shares tank - TL;DR CNBC

DOGE chief Elon Musk says he's running businesses 'with great difficulty' as Tesla shares tank

Publishing timestamp: 2025-03-10 20:54:30


Summary

Elon Musk is facing difficulties running his businesses as Tesla's stock drops and DOGE experiences outages. Musk is focused on reducing federal government spending through his Department of Government Efficiency. He predicts significant savings but faces challenges and criticism. Musk also got into a Twitter feud with Sen. Mark Kelly over Ukraine. Tesla's stock dropped over 15% on Monday, and Musk blamed X's outages on a cyberattack from Ukraine. Kelly fired back at Musk, questioning his understanding of defending freedom. The back-and-forth comes as the Trump administration pressures Ukraine to reach a ceasefire with Russia.


Sentiment: MIXED

Tickers: TSLA

Keywords: business newsbreaking news: politicsbreaking news: technologypoliticsbusinessvladimir putintesla incautosgovernment and politics

Source: https://www.cnbc.com/2025/03/10/musk-tesla-doge-stock-market.html


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