Elon Musk withdraws as a Trump consultant-Tesla shares on the upswing!
Elon Musk withdraws as a Trump consultant-Tesla shares on the upswing!
Wisconsin, USA - Elon Musk announced his resignation as a consultant by US President Donald Trump today. This decision is related to the current difficulties that Tesla faces. Musk's resignation was confirmed in the Presidential Office and is effective as soon as he has completed its ongoing tasks that include austerity measures and layoffs in federal authorities. []
The resignation of Musk comes at a particularly critical time for Tesla, since the company recorded a significant decline in deliveries in the first quarter of 2025. These fell by around 13 % compared to the previous year, with a total of 336,681 vehicles delivered. Analysts had expected better numbers, which led to a significant decline in Tesla's share price, which fell by more than 5 % in the US trade.
Musk's tasks and pressure to perform
Elon Musk was responsible for saving measures and for the management of the new Office for Government Efficiency (Doge). Originally, an term of 130 days was planned for Musk, but there was speculation about a potential permanent role. He plans to complete his work to reduce the federal budget by a trillion dollar until the end of his term.
However, Musk's political commitment is not without controversy. The resentment of his political decisions and the massive layoffs of tens of thousands of employees has increased. In addition, the austerity measures of Doge are contested in court, which continues to burden the public perception of Musk. [ Tagesschau.de ]
economic challenges for Tesla
The economic challenges for Tesla are also evident in other numbers. The new registrations in the EU decreased by 49 % in the first months of 2025, and especially in Germany the number fell to 1,429 vehicles in February, compared to 6.038 in the previous year. A possible reason for these declines could be the switch to a new generation of Model Y, which led to interruptions in the production lines. [ dailychau.de ]
Despite the continuing difficulties, Model Y remains the best -selling electric car in different countries, including Poland. However, there are also reports on protest actions and boycott calls against Tesla, which were initiated by Musk's political positioning. In Poland, the Minister of Sports and Tourism called on to support the boycott, which also makes the situation complicated. [ Auto-motor-und-sport.de ]
The last published sales figures show that Tesla sold around 38,000 electric cars in Germany in 2024, which corresponds to a dramatic decline of 40 % compared to the previous year. Market analysts suspect that the declines are also influenced by the lack of state grants.
Overall, Musk is under increasing pressure at Tesla and in his political role. Investors and analysts are calling for a return to the business objectives, while at the same time the challenges and competition are growing on the electric car market. Musk's activities in politics could soon also have a greater influence on the market position of Tesla. [ Vol.at ]
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