Musk, uno de los principales asesores del presidente Trump, no ha esbozado un plan para revertir la caída de ventas de la empresa de automóviles eléctricos de la que es director ejecutivo.
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
The social media and rocket companies are headquartered in California, which the billionaire criticized for its recent transgender legislation.
A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the risk of accidents.
Elon Musk’s electric car company reported a drop in sales in the first three months of the year, and its profit margin has been falling for months.
Shares in Elon Musk’s electric vehicle maker fell sharply after the company delivered lackluster quarterly results and declined to give full-year guidance.
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.