Economics

756 readers

75 users here now

founded 2 years ago

181

submitted 3 days ago by MicroWave@lemmy.world to c/economics@lemmy.world

19 comments fedilink hide all child comments

Key Points

Tesla's Q1 2025 earnings showed a 71% drop in net income and a 9% decline in revenue.
Elon Musk attributed some of Tesla's struggles to "rapidly evolving trade policy" and "changing political sentiment."
Analysts express concerns about near-term uncertainty for Tesla, linking the company's future to Musk's involvement with the White House.

you are viewing a single comment's thread
view the rest of the comments

[–] homesweethomeMrL@lemmy.world 2 points 3 days ago

As a special government employee, Musk has 130 days per calendar year to work for the federal government. That window is set to expire in late May.