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PBS News Hour

Tesla revenue falls sharply as Musk faces political backlash

Season 2025 Episode 113 | 6m 16s

Elon Musk says he’ll scale back his time with DOGE and focus more of his time on Tesla. That announcement came as Tesla reported its net income plunged 71 percent and car sales revenue dropped 20 percent. Musk defended his federal cuts with President Trump and said he would still spend one or two days a week working for the administration. John Yang discussed more with Bobby Allyn of NPR.

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