Musk Struggles to Balance DOGE and CEO Duties Amid Tesla's Stock Decline

Reported 1 day ago

Elon Musk expressed the challenges of managing his multiple roles, including his involvement with the Trump administration, during an interview as Tesla's stock plummeted, losing $130 billion in market value. This significant drop, contributing to a broader market selloff, raised concerns among investors about the impact of his political engagements on Tesla’s operations. Amid these challenges, Musk's support for far-right parties has reportedly affected Tesla's sales in Europe, which saw a 45% decline in January, while overall EV sales increased.

Source: YAHOO

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