Tesla boss Elon Musk says he will cut back his role in the Trump administration as the company's profits and revenues plunged during the first three months of the year. Sales slumped and the brand has faced backlash as Musk became a political fixture in the White House.

Even the perma-bull crowd of analysts covering Tesla warned of sorely disappointing results in Q1, a view signaled by the poor deliveries for the quarter reported in early April. But the numbers released after the market close on April 22 were much,

But the Tesla boss adds he will still help President Trump "probably for the remainder" of his term The post Elon Musk Says His Time With DOGE Is Going to ‘Drop Significantly’ After Brutal Tesla Earnings appeared first on TheWrap.