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Donald Trump recognizes that Elon Musk must take care of Tesla

Donald Trump recognizes that Elon Musk must take care of Tesla
Donald Trump recognizes that Elon Musk must take care of Tesla
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STATES

Donald Trump recognizes that Elon Musk must take care of Tesla

Donald Trump seems to have acted for the departure of Elon Musk, who “wants to return to his cars” while Tesla knows big turbulence.

Posted today at 5:27 am

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Bottal

In short:
  • Donald Trump salutes Elon Musk’s efficiency in reducing public spending.
  • The boss of Tesla plans to leave the administration to refocus.
  • The shareholders have criticized the 35% fall in the title since the inauguration.

Donald Trump invited Elon Musk on to stay in his team after The entrepreneur expressed his desire to step backbut admitted the need for Tesla’s boss to focus more on her business.

“You could stay as long as you want,” said Donald Trump to the one who had turned two with the inscription “Gulf of America” ​​(American Gulf), placed one on the other, to make a joke (“I wear a lot of caps”).

But “at a certain point, he wants to return to his cars,” added the head of state at a government meeting at the White House. The billionaire entrepreneur had already declared, on the occasion of the presentation of Tesla’s results on April 22, which he intended to move away from the Trump government from May.

Turbulence

According to the “Wall Street Journal” on Wednesday, the turbulence that the automaker has experienced since Elon Musk has spectacularly approached Donald Trump prompted members of the board of directors to launch the search for a managing director.

Contacted by AFP, Tesla’s press service did not react immediately. Elon Musk became CEO of Tesla in 2008, supervising the rise of the company that has since become one of the most valued in terms of capitalization.

In January, it was placed by the American president at the head of a commission for government efficiency (DOGE) which says on his website that he had made it possible to avoid $ 160 billion (132 billion francs) of public spending.

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“A great help”

The richest man in the had initially promised to achieve $ 2000 billion in , before lowering his goal to 1000 billion. In three months, the DOGE led to the jobs of federal officials, suppressed by the thousands, and carved out in federal subsidies.

Several of the American government have been either dismantled or deprived of most of their capacity for action, including the USAID humanitarian aid agency. “You have been of great help to us,” said Donald Trump on Wednesday. “You have opened the eyes of many people on what it was possible to achieve.”

Several media surveys have into question the amounts published by DOGE, considering them overvalued. According to the modeling site of the University of Pennsylvania, the budget of the federal government has increased by 5.9% since the start of the year compared to the same period of 2024, a trend that has even accelerated in recent weeks.

“Not great”

Many Tesla shareholders have expressed their dissatisfaction after Elon Musk’s in the Trump team, believing that he was abandoning his business, whose title has lost almost 35% since the inauguration.

The budget cuts operated by the DOGE under the authority of Elon Musk and the rapprochement of the emblematic boss with Donald Trump and far -right personalities have, moreover, aroused a movement of dissatisfaction against the Tesla brand.

It has resulted in demonstrations, boycott calls and acts of vandalism in several countries of the world. “You have sacrificed a lot” and was “treated in a very unfair manner,” said Donald Trump to the multimillionaire. “They like to burn my cars well, which is not great,” replied Elon Musk, smiling. He referred to the voluntary of several brand cars, Canada and the United States.

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