Elon Musk, CEO of Tesla, announced during an earnings call that he would limit his involvement with the Department of Government Efficiency (DOGE) to just one or two days a week from May onwards. Despite recent struggles with Tesla's stock and earnings, which saw a steep decline, Musk shared optimistic updates about the rollout of Tesla's robotaxi service in Austin by June and plans for affordable car models. Furthermore, he noted that localized supply chains have strengthened Tesla's market position compared to competitors.
Tesla CEO Elon Musk announced plans to spend less time on the Department of Government Efficiency (DOGE), limiting his involvement to one or two days weekly.
The launch of Tesla's robotaxi service is planned for June in Austin, with expectations to expand to other major cities by year's end.
Musk highlighted that Tesla is set to produce affordable vehicle models in the early part of the year.
He emphasized the benefits of localized supply chains in America, Europe, and China, enhancing Tesla's competitive position.
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