Tesla earnings fall short; Elon Musk says DOGE time will 'drop significantly'

Tesla reported a revenue loss from its electric vehicles fall year over year in the first quarter. The electric vehicle maker, run by CEO Elon Musk, generated $13.97 billion in automotive revenue in the first three months of 2025, marking a drop of nearly 20% from the same quarter last year, according to its earnings release. During the earnings call, Elon Musk said his "time allocation to DOGE will drop significantly." DOGE, the Department of Government Efficiency, has been spearheaded by Musk during the e ...