"Day or two per week": Musk promises decreased time at DOGE as Tesla profits plummet

Tesla 's auto revenue dropped by 20% in the first quarter and its net income dropped by 71% compared to this point a year ago .

Elon Musk's electric vehicle brand has taken a massive hit due to his association with President Donald Trump 's administration.

Musk promised investors that he'll focus less of his time on his slash-and-burn government agency in the coming months .