Musk downplays impact of his right-wing, Trump pandering as Tesla profit drops 71pc from growing EV competition

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NEW YORK, Jan 30 — Tesla reported lower than expected profits yesterday but confirmed key 2025 benchmarks, saying it wil...

Musk, who spent some US$270 million or more to help Trump win the White House, largely steered clear of political subjects during the 65-minute conference call.

Another factor has been lower sales than expected from the Cybertruck, Musk’s futuristic auto giant that has won cheers from Tesla fans and jeers from critics.

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Category: EconomyBusiness

Markets: MalaysiaChinaGermanyPanamaUnited States

Topics: Tesla Electric vehicles Elon Musk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

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Published On: 2025-01-30 @ 12:43:36 (14 hours ago)

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Language: English

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