Musk to step back from Doge after Tesla profits plummet
Politics,Trump Administration,Elon Musk,DOGE,Government Efficiency,Tesla,Business
From the Center
AllSides Media Bias Rating: Center
Elon Musk has vowed to spend “significantly” less time working for Donald Trump’s administration and focus on Tesla after profits plummeted to a five-year low.
The electric car company’s net income slumped by 71pc to $409m in the three months to the end of March, marking its least profitable quarter since 2020.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
AllSides Picks
Headline Roundup
States Sue Trump Admin Over Conditions to Receive FEMA Funds
July 23rd, 2026
Headline Roundup
Mainstream Outlets Find Different Polling Averages for Democrats Ahead of Midterms
July 23rd, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
July 24th, 2026
.png.webp)
The Insight
The Insight: The Fight for the Democratic Party
AllSides Staff
July 24th, 2026
