The Q1 result from Tesla are here:
CEO Musk as been spending his time at his government job instead of focusing on his vehicle business. The Q1 results are bad, but Q2 could be worse as tariff impacts hit.
Musk is, at least, beginning to address the issue, promising to spend less time in his government job and getting back to business. On the Tesla investors’ call, Musk said he will trim down his time spent on DOGE to one or two days a week starting next month.
Some positive news for hapless TSLA share holders.
Also, some positive news from Trump a few minutes ago. Let’s hope it lasts and is not reversed in his next tweet:
- Trump backing away from tariffs, backing away from firing Powell – will it last?
- Trump says he has no plans to Fire Federal Reserve Chair Powell
- Trump says he is going to be very nice to China, they have to make a deal
This article was written by Eamonn Sheridan at www.forexlive.com.
