Tesla share price leaps 8% despite 71% drop in Q1 net profit after CEO Elon Musk vows to reduce DOGE time
Tesla share price leapt nearly 8% on Wednesday after the EV-maker reported better-than-expected profit for its core auto business. CEO Elon Musk said he would step back from his involvement in the Trump administration to focus on running his numerous companies. Elon Musk vowed to pull back “significantly” from his work with the US government…