Musk says he’ll spend less time working with Trump after Tesla profits sink

Elon Musk has decided to allocate more time to running Tesla after scaling back his involvement with the Trump administration's Department of Government Efficiency (DOGE), following the company's profit decline. This move has cheered investors despite a 40% year-on-year drop in shares. The CEO emphasized that while significant work was done to establish DOGE, further integration into government operations will be limited. Investors are hopeful this strategic pivot aligns with Tesla's long-term goals and could enhance its competitiveness globally.