Doge involvement by pymnts | april , | highlights tesla ceo elon musk said he would “significantly” . Scale back his involvement in doge, which has attracted controversy.Musk says tesla is less affected . By tariffs because it has supply chains in north america, europe and china.Tesla’s q earnings . And revenue fell far short of expectations, as musk’s brand damage and model y lost . Production weighed on results.Tesla ceo elon musk said tuesday april that the time he spends .
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With the department of government costa rica phone number data efficiency, or doge, will “drop significantly” starting in may.During tesla’s . Q earnings call, musk said and he will be devoting “far more” of his time . To the electric vehicle maker.Doge’s work is “mostly done,” Musk said, adding that he plans . To devote one to two days per week overseeing the group’s efforts throughout Trump’s term . To ensure “waste and fraud” does not come back.
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Musk had faced criticism for not paying . Enough security and data protection attention to Tesla as he ramped up his doge and political activities. His alliance . With president Trump also brought dismay to many consumers, which has depressed Tesla demand and . Ignited acts of vandalism against some tesla dealerships.“there’s been some blowback for time that I’ve . Been spending in government with … doge,” musk said.Tesla, whose shares have fallen by year-to-date . Due to musk’s political involvement, has gone through many crises and “near-death experiences,” musk said.
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. “this is not one of those times. We’re not on the ragged edge of death . — not even close.”asked about the impact of tariffs, musk said tesla is probably text services the . Least affected of all the u.S. Automakers since it has a supply chain in north . America, europe and china.Bank of america analysts agreed. According to an april research note shared . With pymnts, they said that unlike most u.
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- Automakers, tesla makes all of its vehicles . For the north american market in the u.S., “which significantly reduces tariff risk.”but there is . Still tariff risk related to automotive parts, of which around are sourced overseas, the analysts . Said. The impact could be “substantial” especially for supplies such as rare earths and raw . Material for batteries coming from china.Read more: tesla enters dining business with drive-in restaurantpermanent brand .