Overview
- Elon Musk confirmed he will remain Tesla’s CEO for at least the next five years, emphasizing his dedication to the company’s future.
- Musk announced plans to significantly reduce political donations, stating he believes his previous contributions, including $300 million to Donald Trump in 2024, were sufficient.
- Tesla experienced a 13% drop in Q1 2025 sales compared to the previous year, with weaker performance in Europe but stronger sales in other regions.
- In response to investor concerns, Musk stated he will spend less time in Washington and dedicate more attention to Tesla’s operations and growth.
- Musk denied allegations of conflict of interest related to his advisory role in the Trump administration, describing his contributions as purely consultative.