Tesla CEO Musk Says He Runs Businesses ‘With Great Difficulty’ Amid DOGE Work
Key Points
- Tesla CEO Elon Musk said in an interview that his widespread role in the Trump administration and weak sales burdened the EV company’s stock and his business was “very difficult”.
- Tesla shares are winning some foundations in previous market deals, but closed Monday the level at which Donald Trump won the U.S. election.
- Musk also suggested that he would last for one year in government efficiency or ticketing departments.
Tesla (TSLA) CEO Elon Musk said in an interview on Monday that he was running his own enterprise “Very difficult” because his widespread role in President Donald Trump’s administration and weak sales have had an impact on EV companies’ stocks.
Tesla’s shares rose 1.5% in listing trading, but fell more than 15% on Monday to lead S&P 500 Reject, close first Below their election day.
ask Fox Business“Larry Kudlow, who served as director of the National Economic Commission for the last Trump administration, runs his own business with his role in the Department of Efficiency or Ethics (Doge), responded, “a huge difficulty.” In answering a question, Musk said whether he would continue to last for a year in Doge, “Yes, I think so.” ”
Musk has been running for the Governor, which aims to cut federal spending and Car Nameinvestors have been worried that his role has distracted him from Tesla. His close ties with the government have alienated some Tesla owners and potential buyers, and have also led to Rebound Oppose the brand.
“This will be OK,” Musk wrote in response to Tesla’s biggest one-day stock decline.