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Musk Blames Tesla's Financial Slump on Political Fallout

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Tesla's first-quarter earnings for 2025 paint a grim picture: net income has plummeted 71%, with revenue, profit, and vehicle deliveries all sharply down.

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Elon Musk was smart but clueless | Froma Harrop

Elon Musk was smart but clueless | Froma Harrop

It feels strange talking about the world's richest man, only 53 years old, in the past tense. But that somehow seems appropriate for Elon Musk, who weeks ago was considered Donald Trump's co-president. Now he's clearly falling off that high perch, just as Tesla, his star asset, reports net income cratering by 71%.

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