Tesla denies report that the EV maker is looking to replace Elon Musk
Publishing timestamp: 2025-05-01 06:34:48
Summary
Tesla denies report of CEO search, shares fall initially but recover. Musk admits involvement with Trump administration may be hurting stock price. Tesla's sales and profits drop in first quarter, missing estimates. Musk plans to spend less time running Tesla to focus on "Department of Government Efficiency." Tesla's total revenue and net income decline.
Sentiment: MIXED
Tickers: TSLA,
Keywords: elon musk, donald j. trump, tesla inc, business news, politics, breaking news: technology, breaking news: politics, technology,