Elon Musk says that he'll scale back his time with Doge and working for President Trump

starting next month and focusing more of his time on his company, Tesla.

John Yang has the details.

Omna, Musk made that announcement yesterday, as Tesla reported, that its profits plunged 71%

of the first three months of the year, and revenue from car sales dropped

20%. On an earnings call, Musk defended his cost-cutting work in President Trump's Department

of Government Efficiency, known as Doge. He claimed, without evidence, that protests in several

Tesla dealerships are led by laid-off government workers.

Now, the protests that you'll see out there, they're very organized, they're paid for,

they're obviously not going to say, admit that the reason that they're protesting is because they're receiving fraudulent money,

or that they're the recipients of wasteful

large yes but they're going to come up with some other reason but that is the real reason

for the protests the actual reason is that those receiving the waste and fraud wish to continue receiving it.

Musk said he would still spend one or two days a week working for the administration.

Bobby Allen is a technology correspondent for NPR who has covered Musk for many years.

Bobby, help us put this in perspective. Is this just one bad quarter or are there some

warning signs here? I think there are some real warning signs. One thing that's really important

to underscore with Musk is this is not just one of his companies. This is the largest source of Elon Musk's

wealth, right? He is the richest man in the world because of just how big and just how powerful Tesla is.

So when Tesla's sales are down, when Tesla's profits are plunging, it's not just bad for the carmaker.

It's bad for Elon's position in the world.

And what I think investors are seeing in this quarter, and it's one of the worst

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