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Tesla CEO Musk says time he spends on DOGE will drop 'significantly' next month - TL;DR CNBC

Tesla CEO Musk says time he spends on DOGE will drop 'significantly' next month

Publishing timestamp: 2025-04-22 21:43:46


Summary

Elon Musk announced he will spend less time with DOGE starting in May, as Tesla's stock price has dropped over 40% this year. Despite disappointing first-quarter results, Musk plans to continue supporting President Trump with DOGE. The company has faced challenges and protests, with Musk's ties to Trump and support of far-right parties causing brand damage. Musk's involvement in government issues through DOGE has raised concerns about conflict of interest and ethics policies.


Sentiment: MIXED

Tickers: TSLA

Keywords: breaking news: politicsbusiness newsearningstesla incpoliticsdonald j. trumpdonald trumpbreaking news: technology

Source: https://www.cnbc.com/2025/04/22/tesla-ceo-elon-musk-says-time-he-spends-on-doge-will-drop-significantly-next-month.html


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