Tesla’s fall in numbers: The staggering profit drops that forced Musk to step back from DOGE

Tesla’s fall in numbers: The staggering profit drops that forced Musk to step back from DOGE

A 71 per cent drop in profits and tanking share price have forced Elon Musk to cut down his time as Trump’s costcutter-in-chief. Alicja Hagopian and Karl Matchett explore what happened

Comments

Similar News

Musk signals 'significantly' stepping back from Doge as Tesla profits plunge

about 16 hours ago

Trump latest updates: Elon Musk to ‘significantly’ step back from DOGE role after Tesla profits plunge

about 9 hours ago

Elon Musk Says He'll Be Spending Less Time At DOGE Amid Tesla Protests

about 12 hours ago

A State Department Shake-Up, and Musk Pivots as Tesla Profits Plunge

about 7 hours ago

Tesla Stock Gets Some Good News as Elon Musk Announces DOGE Shift

about 7 hours ago

Things aren’t looking good for Elon Musk after Tesla slump and Trump shuns him

about 8 hours ago

Elon Musk's rift with Donald Trump exposed by six clues 'power couple' could be on the rocks

about 7 hours ago

Elon Musk Warns China’s Rare Earth Restrictions May Delay Tesla Robots

about 7 hours ago

Boeing Reports Smaller Loss but Trade War Threats Loom

about 5 hours ago

Stock markets rally as Trump rows back on Fed and China threats

about 11 hours ago

Trump’s tariffs driving thousands of layoffs at US manufacturing plants

about 15 hours ago

Russian Economy Dealt Blow With Slumping Oil Prices

about 11 hours ago

Elon Musk Foundation Awards $50M Prize

about 7 hours ago

Trump Media Ventures Into Crypto With MAGA-Aligned Investment Offerings

about 7 hours ago

UK private sector activity falls to more than two-year low amid Trump tariffs

about 8 hours ago

$50 million prize funded by Musk foundation goes to Indian carbon-capture company

about 6 hours ago

Rupert Murdoch’s newspaper again flames Donald Trump for historic economic bungle

about 12 hours ago

At Elon Musk’s Behest, Voters Cast Ballots for a New Town: Starbase, Texas

about 8 hours ago

Major retailer announces store closures and job losses in huge restructuring amid takeover

about 6 hours ago

Breaking news

Budget airline puts 8,000 flights on sale to and from Scotland

Budget airline puts 8,000 flights on sale to and from Scotland

Police appeal after prisoner absconds from HMP Castle Huntly

Police appeal after prisoner absconds from HMP Castle Huntly

Scotmid cooks up a cure for consumer blues

Scotmid cooks up a cure for consumer blues

Scots firms 'going bust amid rising costs and weaker demand'

Scots firms 'going bust amid rising costs and weaker demand'

Chapman under more pressure as Law Society and FM hits out at Court 'bigotry' claim

Chapman under more pressure as Law Society and FM hits out at Court 'bigotry' claim

WWI memorial plaque returned to community after being rediscovered

WWI memorial plaque returned to community after being rediscovered

Parents win legal challenge as court declares schools must provide single-sex toilets

Parents win legal challenge as court declares schools must provide single-sex toilets

Couple getting married in Vatican join mourners to ‘say goodbye’ to Pope Francis

Couple getting married in Vatican join mourners to ‘say goodbye’ to Pope Francis

Wife of tourist shot dead in terror attack describes moment gunman opened fire

Wife of tourist shot dead in terror attack describes moment gunman opened fire

‘Chemical incident’ closes roads with neighbours warned to keep windows shut

‘Chemical incident’ closes roads with neighbours warned to keep windows shut

Group linked to Glasgow restaurant empire accused of £1 million VAT fraud

Group linked to Glasgow restaurant empire accused of £1 million VAT fraud

Boost for Sauchiehall Street as former showroom to become workspace

Boost for Sauchiehall Street as former showroom to become workspace

Barry Didcock: Netflix and Amazon now making better Scottish drama than BBC or STV

Barry Didcock: Netflix and Amazon now making better Scottish drama than BBC or STV

London Marathon 2025 forecast: What will the weather be like for the big race?

London Marathon 2025 forecast: What will the weather be like for the big race?

British Airways crew member found dead in US hotel room named as dad-of-three

British Airways crew member found dead in US hotel room named as dad-of-three

Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war

Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war

Pete Hegseth has surrounded himself with people who ‘don’t have his interests at heart’ as Pentagon infighting escalates

Pete Hegseth has surrounded himself with people who ‘don’t have his interests at heart’ as Pentagon infighting escalates

'Suspect' on Disney+ digs for the truth around a fatal London police shooting

'Suspect' on Disney+ digs for the truth around a fatal London police shooting

Dog owners say their bond with their pet is more satisfying than with their partner

Dog owners say their bond with their pet is more satisfying than with their partner

The Latest: Treasury secretary says trade war with China is not ‘sustainable’

The Latest: Treasury secretary says trade war with China is not ‘sustainable’

‘Zizian’ murder case takes bizarre turn after key witness claims to have worked as undercover US government asset

‘Zizian’ murder case takes bizarre turn after key witness claims to have worked as undercover US government asset

New blood test trial offers ‘exciting new era in cancer detection’

New blood test trial offers ‘exciting new era in cancer detection’

Watch live: Pope Francis’ coffin lies in St Peter’s Basilica for public viewing

Watch live: Pope Francis’ coffin lies in St Peter’s Basilica for public viewing

New York police to ID woman and child whose remains were discovered near Gilgo Beach

New York police to ID woman and child whose remains were discovered near Gilgo Beach

Danish king will visit Greenland to meet with its new leader

Danish king will visit Greenland to meet with its new leader

Ryan Fleur is promoted to president of the Philadelphia Orchestra

Ryan Fleur is promoted to president of the Philadelphia Orchestra

Watch live: Rachel Reeves gives major speech on UK economy at International Monetary Fund in Washington DC

Watch live: Rachel Reeves gives major speech on UK economy at International Monetary Fund in Washington DC

Putin says AI will give Russia huge advantage in warning to the West

Putin says AI will give Russia huge advantage in warning to the West

The world's biggest companies have caused $28 trillion in climate damage, a new study estimates

The world's biggest companies have caused $28 trillion in climate damage, a new study estimates

AP PHOTOS: Dialysis patients struggle to get treatment in blockaded Gaza

AP PHOTOS: Dialysis patients struggle to get treatment in blockaded Gaza

Sarah Sanders begs her old boss Trump to reconsider after president rejects Arkansas’ request for disaster relief funds

Sarah Sanders begs her old boss Trump to reconsider after president rejects Arkansas’ request for disaster relief funds

Bowel cancer in young people is on the rise. This toxin could be the cause

Bowel cancer in young people is on the rise. This toxin could be the cause

Man researched Southport killings before stabbing nine-year-old girl

Man researched Southport killings before stabbing nine-year-old girl

Father of four’s remains found after shark attack off Israel beach

Father of four’s remains found after shark attack off Israel beach

Judge blasts Trump administration for refusing to answer questions about MS-13 in Kilmar Abrego Garcia case

Judge blasts Trump administration for refusing to answer questions about MS-13 in Kilmar Abrego Garcia case

Trump has mentioned Biden on average six times every day of his presidency as obsession with old foe continues

Trump has mentioned Biden on average six times every day of his presidency as obsession with old foe continues

Axing two foods found to lower dementia risk in 'landmark' study

Axing two foods found to lower dementia risk in 'landmark' study

Russia bans four Scottish MPs from country for 'outright rudeness'

Russia bans four Scottish MPs from country for 'outright rudeness'

'People say the name I gave my dog isn't normal – but I love it'

'People say the name I gave my dog isn't normal – but I love it'

Bin strike deal 'could be in touching distance'

Bin strike deal 'could be in touching distance'

Young girl dies suddenly in night as parents pay touching tributes

Young girl dies suddenly in night as parents pay touching tributes

Son screams in horror as dad doused in petrol and set on fire in neighbour garden row

Son screams in horror as dad doused in petrol and set on fire in neighbour garden row

Summits and talking shops on Reform are no substitute for governments changing lives

Summits and talking shops on Reform are no substitute for governments changing lives

Man found dead in Kilmarnock named locally as tributes paid

Man found dead in Kilmarnock named locally as tributes paid

Prisoner once dubbed 'Scotland's most dangerous teen' found with knife in jail

Prisoner once dubbed 'Scotland's most dangerous teen' found with knife in jail

Nominations open for Hamilton by-election

Nominations open for Hamilton by-election

Meta 'too slow' during UK riots to deal with violent posts online

Meta 'too slow' during UK riots to deal with violent posts online

Facebook ordered to remove posts which 'incited violence' before Southport riots

Facebook ordered to remove posts which 'incited violence' before Southport riots

'I did 15 minutes of popular exercise class and got muscle death disease'

'I did 15 minutes of popular exercise class and got muscle death disease'

Reform's vicious swipe at 'loser' Robert Jenrick after he hints at merger

Reform's vicious swipe at 'loser' Robert Jenrick after he hints at merger

M&S staff praised by shoppers for 'going extra the mile' amid major 'incident'

M&S staff praised by shoppers for 'going extra the mile' amid major 'incident'

Molly-Mae gets sunkissed makeup look with 'radiant' foundation that's 'perfect for summer'

Molly-Mae gets sunkissed makeup look with 'radiant' foundation that's 'perfect for summer'

Man wakes from surgery to discover leg has been AMPUTATED following freak accident

Man wakes from surgery to discover leg has been AMPUTATED following freak accident

Dad set on fire and burned alive in front of screaming son after neighbour row over garden

Dad set on fire and burned alive in front of screaming son after neighbour row over garden

Manchester bomb mastermind who planned 'as big a plot as we've seen in the UK' has appeal rejected

Manchester bomb mastermind who planned 'as big a plot as we've seen in the UK' has appeal rejected

'Common' lawn mistake could damage your grass and ruin your garden

'Common' lawn mistake could damage your grass and ruin your garden

Chris Eubank Jr vs Conor Benn tickets: How to buy last-minute access to live fight

Chris Eubank Jr vs Conor Benn tickets: How to buy last-minute access to live fight

Colombian president reveals wild nickname for Donald Trump as world leaders revolt

Colombian president reveals wild nickname for Donald Trump as world leaders revolt

Beautiful houseplants that get rid of unwanted kitchen odours and purify the air

Beautiful houseplants that get rid of unwanted kitchen odours and purify the air

Serial killer Rose West's underwear sells for £2,000 and goes on public display

Serial killer Rose West's underwear sells for £2,000 and goes on public display