Elon Musk announced his plans to step back from his advisory role at DOGE, reallocating more time to Tesla amidst significant challenges for the electric vehicle manufacturer. With a staggering net income drop of 71% last quarter, Musk's departure from DOGE comes at a pivotal time. While designed to stabilize investor fears, his announcement also highlights the backlash against him from certain political factions. Musk's commitment to Tesla, perceived as a sacrifice for broader societal good, remains conflicted against a backdrop of personal attacks and criticism from political leaders, even as he continues advancing electric vehicle adoption.
On Tuesday, Musk announced that he's taking a step back from his role at DOGE starting next month and 'allocating far more of [his] time to Tesla.'
Musk always knew he'd be risking harm to Tesla but was willing to make the sacrifice for the good of the nation.
Collection
[
|
...
]