Musk announced he will focus more on Tesla after establishing the Department of Government Efficiency, expecting to spend only a day or two weekly on government matters. Tesla reported a 71% profit drop and a 9% revenue decline, prompting investor concern. Despite this, shares rose 5% after Musk's commitment to Tesla. The company plans to launch a cheaper Model Y and a driverless robotaxi service, although analysts express skepticism about the safety of the technology. Tesla faces increased competition from Chinese EV makers and challenges from tariffs and regulatory scrutiny. Teljes cikk (Euronews.com)