Tesla, Elon Musk and Trump
Digest more
Elon Musk shifts attention back to X, xAI, Tesla, and SpaceX after a major outage, scaling back political work to oversee key tech rollouts and regain investor confidence.
On May 24, X experienced a major global outage, with Musk acknowledging “major operational improvements” were urgently needed and that failover systems “should have worked, but did not.” Musk publicly declared on X “Back to spending 24/7 at work and sleeping in conference/server/factory rooms.
Elon Musk leaves his government role after significant changes in Washington's bureaucracy, including substantial budget cuts. Despite achieving less than intended, Musk promises continued involvement,
In a letter, some skeptical backers of the EV company have also asked its board to add a “new, truly independent” member and lay out a succession plan.
A group of Tesla investors is urging Elon Musk to commit at least 40 hours a week to running the electric vehicle company, arguing his undivided attention is needed to repair Tesla’s faltering sales and stock price volatility.