INSUBCONTINENT EXCLUSIVE:
For Q1 2025, Tesla took in $595 million in regulatory credits
Net income amounted to just $409 million.None of this should be cause for concern, unlike the many times in the past that Tesla almost went
out of business, Musk told investors on a call last night
This is not one of those times
Musk says he will be spending more time at the electric car company in the coming months
He was hired by President Trump as a "special government employee," a loophole that allows someone to be appointed to a senior government
position without any of the congressional scrutiny that would normally accompany such a significant job
The proviso is that such positions can legally only last for 130 days, and Musk should reach that total in the next few weeks.The flip side
is that his secretive involvement with the DOGE wrecking ball looks set to continue
"I'll have to continue doing it for, I think, probably the remainder of the president's term, just to make sure that the waste and fraud
that we stop does not come roaring back, which [it] will do if it has the chance," Musk told investors last night
Earlier this month, The New York Times reported that Musk said his DOGE group would now generate just 15 percent of the vast savings he
working time to the government, meaning Tesla must still compete for his attention, alongside SpaceX and other, lesser ventures.Autonomous,
real soon nowTesla remains "absolutely hardcore about safety," Musk said, despite the Cybertruck being more likely than the infamous Ford
Pinto to burst into flames
"We go to great lengths to make the safest car in the world and have the lowest accidents per mile in
Administration's vehicle fatality rate data found that, actually, Tesla was the deadliest brand of car on sale in the US.