
When Tesla (NASDAQ:TSLA) CEO Elon Musk joined President Donald Trump’s Department of Government Efficiency, he vowed to cut up to $2 trillion in costs and made waves by announcing thousands of layoffs and major contract cancellations. But as he remained in the spotlight with his high-profile role at the White House, Tesla began to struggle. Tesla deliveries in the first quarter plunged 13%, while the EV maker saw its market share in Europe fall to under 9% in the three-month period from about 18