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The Guardian - US
The Guardian - US
Technology
Johana Bhuiyan

Elon Musk to pull back in Doge role starting May amid 71% dip in Tesla profits

man adjusts sunglasses on face as another man wearing navy suit, purple tie and red hat stands behind him
Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on 19 November 2024. Photograph: Brandon Bell/Reuters

The Tesla chief executive, Elon Musk, said he will start pulling back from his role at the so-called “department of government efficiency” starting in May. Musk’s remarks came as the company reported a massive dip in both profits and revenues in the first quarter of 2025 amid backlash against his role in the White House.

On an investor call, Musk said the work necessary to get the government’s “financial house in order is mostly done”.

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