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Forbes
Forbes
22 Apr 2025


Tesla chief Elon Musk said in a Tesla earnings call Tuesday that his time spent leading the Department of Government Efficiency and working with the Trump administration “will drop significantly” starting next month, ensuring investors he will dedicate more time to Tesla shortly after the electric vehicle maker reported its worst quarterly profit in years.

President Trump Speaks Alongside Tesla Vehicles At The White House

Musk made the comments during a Tesla investor meeting Tuesday evening. (Photo by Andrew ... More Harnik/Getty Images)

Getty Images

Musk told investors “starting next month, I’ll be allocating far more of my time to Tesla,” noting he will continue to spend a day or two per week on government matters “for as long as the president would like me to do so, and as long as it is useful.”

Musk also briefly addressed President Donald Trump’s sweeping tariff policies, saying he will “continue to advocate for lower tariffs instead of higher tariffs, but that's all I can do.”

This is a developing story. Check back for updates.