Musk turns away from Trump - focus on Tesla for profit loss!

Musk turns away from Trump - focus on Tesla for profit loss!

Austin, Texas, USA - Elon Musk plans to spend less time with his role as a consultant of US President Donald Trump from May in order to focus more on the management of Tesla. This decision follows directly on the publication of the Tesla quarterly figures, which showed a significant decline in sales and profits. Musk apparently wants to focus more on the interests of his company after Tesla recorded a drop in profits from $ 71 % in the first quarter of 2023, which did not meet the expectations of the analysts. Sales fell 9 % to about $ 19.3 billion. In addition, the number of vehicles delivered reduced by 13 % compared to the previous year to 336,681 units, whereby the declines were particularly noticeable in Europe and California.

This announcement by Musk is no coincidence. Industry observers not only attribute the weak corporate figures to a reduced demand, but also call Musk's political engagement as another reason. Trump's distant attitude to Musk has also contributed to unrest. Despite the challenges in the sales figures, Tesla exceeded the expectations in the area of ​​gross margin, with a value of 12.5 % in the automotive sector, which is partly due to sunken raw material prices and lower production costs.

focus on Tesla and less political ambitions

Musk has his decision to withdraw from politics, with the repeated "attacks" from the left to his person, which are increasingly being troubled by him. According to reports, Musk has also received a lot of criticism from treasurer from seven US states because he does not pay enough attention to the company. This criticism could be another impetus for his step to reduce political affiliation and to concentrate on the core business at Tesla again. The authority for government efficiency (Doge), which is headed by Musk, has deleted tens of thousands of positions in various US authorities, which has provided additional controversy and protests within a very short time.

The automobile manufacturer plans to react to the increasing uncertainties in global markets with a re -evaluation of the annual forecast in the coming quarterly figures. In addition, Tesla will launch a new, cheaper model in the first half of 2025 and push ahead with the introduction of a robotaxi fleet in Austin, Texas. These strategic initiatives are crucial to strengthen Tesla's market position despite the current challenges.

political challenges and criticism

While Musk is increasingly withdrawing from the political arena, the question of political influence does not fail. He is considered an active political actor who criticizes state institutions and guidelines. His demand for budget cuts for US authorities, which in his opinion, inhibit innovations. However, critics warn of the long -term consequences of such strong cuts for infrastructure projects and technological developments.

MUSKS Approach to present private companies as more efficient compared to government institutions, have laid out legislative conflicts, including lawsuits against regulations that affect Tesla. These conflicts, combined with protests by employees and unions, could affect the company's production capacities and customer support. In view of all of these factors, it remains to be seen how Tesla's development and musical role will continue to be in the corporate and political context.