A new survey finds that associating with Musk poses a real risk for brands. Elon Musk’s foray into government has proven disastrous for his business life.

Elon Musk says he will spend more time at Tesla, but the White House expects him to continue “dedicating a lot of his time”’ to supporting the president.

Treasury Secretary Scott Bessent and Elon Musk had a face-to-face screaming match last Thursday in the White House’s West Wing, Axios reported Wednesday, citing two witnesses and three sources briefed on the event.

According to Axios, the heated argument between Elon Musk and Treasury Secretary Scott Bessent happened after Musk made an end-run around the Treasury boss to have Trump install a former IRS agent who leaked details about former president Joe Biden ’s son’s taxes atop the tax collecting agency as a temporary commissioner until Trump’s pick to lead it is confirmed by the Senate.

Tesla’s profit slid last quarter, as the company struggled to overcome a reputational hit from Chief Executive Elon Musk’s polarizing role in the Trump administration. Musk said he would devote less time to his work at the Department of Government Efficiency from next month,

Tesla announced quarterly earnings down 71 percent from a year earlier, amid tariff threats and protests over CEO Elon Musk’s role in pushing government cuts.

Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year. Musk has led the newly created advisory body - the Department for Government Efficiency (Doge) - since last year,