Musk to Shift Focus to Tesla Amid Declining Profits

According to PANews, Elon Musk announced plans to significantly reduce his time spent on the Government Efficiency Department in May, redirecting more attention to Tesla. This decision comes as Tesla reported a 9.2% year-over-year decline in revenue for the first quarter of 2025, alongside a 71% drop in net profit. Musk anticipates that by the second half of next year, millions of Tesla vehicles will achieve full self-driving capabilities. Additionally, the fully autonomous driving feature for personal use is expected to be available by the end of this year.