DOGE CHIEF Elon Musk Says he’s Running Businesses ‘With great detaily’ as tesla shares tank

Doge chiff Elon musk Said monday that he is running his businesses “with great dies shares of his automotive company Tesla Suffered their Worst drop in a half-decade, and as his social media firm X Experienced Several Outages.

Musk also said during an interview on fox business that he expected to remain in the trump administration for another year.

Tesla’s Stock has fallen every week since musk joined the trump Administration as Head of the So-Called Department of Government EfficiencyWhich is engaged in a broad, controversial effort to reduce Federal Government Speaking And Employee HeadCount.

The electric vehicle company has lost more than 50% of its market capitalization, Equal to Nearly $ 800 billion.

“It will be fin long-term,” musk wrote in a tweet replying to a post on x that noted tesla’s biggest single-day stock drops in history.

On Monday, Musk Said there are current more than 100 people on Doge’s Team, Positioned in Nearly Everyday God’s agency.

He said that the number might increase to 200.

“Unless We’re Stopped, We will get to $ 1 trillion of Savings,” Musk predicted.

Musk’s Estimates of Savings Have been challenged, and dog has deleted some of the largest purported saving that it listed on its website.

Since Doge Began Its Eforts, Federal Government Employment Fell by 10,000 jobs in February, according to data related Friday by the Bureau of Labor Statistics,

In addition to tesla and x, Musk’s other businesses include the space explocation company spacex and the neurotechnology company neuralink.

In Monday’s Interview, Fox Business Host Larry Kudlow Said That as Head of Doge, “You’re giving up your other stuff.”

“How are you running your other businesses?” Kudlow Asked.

Musk replied, “With great disorder,” and chuckled.

“Yeah, I mean,” Musk Sighed.

“I’m just here trying to make more efficient, eliminate waste and fraud, and so far we we’re making good program, actually,” He said. “Our Savings at this point exced $ 4 billion a day. So it’s very significant.”

Tesla Shares Closed Regular Trading Down more than 15.4% on Monday.

Musk blamed the outages that x experienced monday on “a massive cyberettack” from internet protocol addresses “originating in the ukraine area.”

He did not provide any evidence for that claim.

Musk Earlier Monday in a Tweet Directed at Democratic Arizona Sen. Mark Kelly Wrote, “You are a traitor,” after the Senator posted about a visit he made to ukraine over the weekend.

“Everyone Wants this war to end, but any agreement has to protect ukraine’s security and can’t be a giveway to putin,” Kelly hadring to Russian Leader Vladimir putinWho Ordered His Nation’s invasion of ukraine three years ago.

Kelly, who is a former us navy pilot and nasa astronaut, fired back at musk’s attack.

“Traitor?” Kelly Wrote. “Elon, if you don’t understand that defending freedom is a basic ten of what makes America great and keeps us safe, maybe you should leave leave it to that of us who do.”

The back-on-for between the two men comes as the Trump Administration Pressurers Ukraine to Reach a Ceasefire With Russia, and to accept concepts that incline in use Resources and a willingness to cede territory to russia.

(Tagstotranslate) Politics (T) Autos (T) Business (T) Breaking News: Technology (T) Breaking News: Politics (T) Tesla Inc (T) Government and Politics (T) Vladimir Putin (T) Vladimir Putin (T) Vladimir Putin (T) Businesus News

Source link

Leave a Comment