Tesla(US:TSLA) 21世纪经济报道·2025-06-02 00:00Core Viewpoint - Elon Musk's recent political involvement has negatively impacted his business ventures, particularly Tesla and SpaceX, leading to significant operational challenges and public backlash against his companies [4][8][13]. Group 1: Government Efficiency Department - Musk expressed frustration over being blamed for all issues related to the Government Efficiency Department, which he led, stating it has become a scapegoat for various problems [4][8]. - The Department's initiatives have faced strong backlash, with Musk indicating that any problems, regardless of their relevance, are attributed to his leadership [8][14]. Group 2: Tesla's Financial Performance - Tesla reported Q1 revenue of $19.335 billion, reflecting a quarter-over-quarter decline of 24.8% and a year-over-year decline of 9.2% [8]. - Global delivery volumes decreased by 13% year-over-year, with sales in Europe and the U.S. plummeting by 37.2% and 13%, respectively [8]. - Tesla's stock price has dropped over 33% since Musk's appointment to the Government Efficiency Department, resulting in a market capitalization loss of $448.3 billion [8][11]. Group 3: SpaceX's Operational Challenges - SpaceX's Starship rocket has faced multiple launch failures, with the latest test on May 27 resulting in an explosion of the first-stage booster [7][8]. - Musk's return to a full-time work schedule was prompted by the need to address these operational challenges and the critical technology releases for Tesla and SpaceX [7][15]. Group 4: Market Reactions and Future Outlook - The backlash against Musk's political actions has led to a significant decline in Tesla's sales and stock performance, prompting concerns among investors [11][14]. - Musk's decision to refocus on his businesses is seen as a necessary step to stabilize Tesla and SpaceX, as both companies face increasing competition and market saturation [15][14].