Follow live updates on the Trump administration as Elon Musk’s involvement in right-wing politics and role as cost-cutting czar divert attention from Tesla, which is facing declining car sales and lack of a concrete plan for revival. Musk’s focus on various ventures, including SpaceX and xAI, has raised concerns among investors and governance experts about his ability to fully commit to Tesla’s success. Dissatisfaction within Tesla is growing due to Musk’s political activities and reduced presence, leading to employee departures and challenges in recruitment. Shares have dropped 25 percent, reflecting doubts among investors about Musk’s divided attention impacting the company’s future.
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