By UPI Topic – Business – UPI.com
Elon Musk says he will step back next month from his work with the Department of Government Efficiency to focus more time on Tesla, after the electric carmaker’s profits plunged 71%.
“Starting next month, I will be allocating far more of my time to Tesla,” Musk announced during Tesla’s earnings call Tuesday. “My time allocation to DOGE will drop significantly.”
“I think I’ll continue to spend a day or two per week on government matters for as long as the president would like me to do so and as long as it would be useful,” added Musk, as he declared his work with DOGE “mostly done.”
Musk, who is Tesla’s chief executive officer, was already expected to leave his post with DOGE at the end of May, when his special government employee status expires.
Read more at: https://www.miamiherald.com/news/business/article304838426.html#storylink=cpy
