Overview

• Musk announced he had relinquished his Department of Government Efficiency advisory post to concentrate on Tesla’s struggling operations.
• About one-third of Tesla’s senior leadership has departed since early 2023, including heads of software engineering, battery technology and humanoid robotics.
• Tesla’s share price has fallen nearly 50 percent since December 2024, erasing billions in market value.
• Consumer boycotts and protests over Musk’s political ties have undermined vehicle sales and damaged the brand’s reputation.
• Despite a 67 percent jump in its energy division, Tesla posted a 71 percent drop in first-quarter profits, underscoring weakness in its core automotive business.