Tesla's profit plummets 71%, Dogecoin starts the upward profit mode, Musk is the king of capital in the digital currency field
Tesla recently released its financial report, showing that its profit in the first three months of this year plummeted by 71%, a shocking figure. Meanwhile, Dogecoin has entered the upward profit mode, and Musk's influence in the financial sector remains significant, earning him the title of 'king of capital'.
As the CEO of Tesla, Musk is facing numerous challenges. The sharp decline in profits undoubtedly casts a shadow over Tesla's development, which may be related to intensified market competition, rising costs, and various other factors. On the political front, Musk, as one of President Trump's advisors, has become a target of criticism. On Tuesday, he stated that he would reduce his time working for Trump in Washington. This decision may be influenced by Tesla's operational situation, as he needs to devote more energy to company affairs. However, Musk's influence across various fields such as business and cryptocurrency remains immense, and his decisions amid Tesla's troubles, as well as their connections to other matters, will continue to attract significant attention from all sectors.
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