Musk changes the strategy against the backdrop of a strong fall in Tesla’s profit

According to the results of the first quarter 2025, the company’s net profit amounted to $ 409 million – 71 percent less than the same period of 2024. The fall is explained by both economic reasons and the change in the image of the head of Tesla, Ilona Mask, who has lost the sympathy of customers due to the active support of the current US President Donald Trump.

In connection with the problems of Tesla, Musk said that from next month it would devote more time to its electric car company. For her sake, he will reduce the clock paid to Doge – the Department of Efficiency of Public Administration, in which he received a position thanks to the connection with Trump. According to some analysts, the relations of the president and the head of Tesla outlined cooling, since the president did not respond to the requests of the mask to soften tariffs for imports.

The detachment of the mask from the control of Tesla and its focus on politics is one of the key factors that bother investors. After the promises of the billionaire, to reconsider the action schedule increased by 5.5 percent. However, this is a small rollback, given the fall almost half in December.

Tesla showed the “alien” charger Supercharger Tesla, 2 times lost BYD for sales of electric cars in China, Tesla owners sell their electric cars.

According to the mask, Tesla is not safe from macroeconomic uncertainty, which makes people “refrain from making large purchases, such as a car.” Therefore, the company plans to correct affairs with the help of new cheap models.

Insiders reported “cut” versions of Model 3 and Model Y, but the production of the latter has already been postponed for unknown reasons. But according to the schedule, work is underway on the project of Robotaxi, which should be launched in Austin, Texas, in June. And by the second half of 2026, “millions of Tesla will work completely autonomously,” Musk assures.

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