[ad_1]
Elon Musk announced that it would reduce the time allocated to his role in Dog with the Trump administration to focus more on Tesla. The news had an immediate effect on Tesla (Tesla) The stocks, which recorded a leap 5.4 % in trading after working hoursAccess $ 250.80 After closing the day on April 22, with a rise 4.6 %.
This announcement came in conjunction with the publication of the financial results for the first quarter of 2025, which showed less than Wall Street’s expectations. Nevertheless, Tesla decided not to sell it 11,509 bitcoinWhile maintaining its location in cryptocurrencies unchanged.
Tesla keep Bitcoin despite the disappointing results for the first quarter
In the first quarter of 2025, Tesla recorded the revenues of $ 19.34 billionAnd a number that represents a decrease 9.2 % compared to the same period in the previous year As a result 7.85 % is less than analysts’ estimates. The net profit also suffered from severe contraction 409 million dollarsunder 80.8 % compared to the previous quarter and 70.5 % compared to the first quarter of 2024.
These numbers reflect the difficulties facing the company, including decrease in sales, economic uncertainty, and the effect of Trump’s tariffs.
HTML
Despite the decrease in financial results, Tesla decided to keep its location in Bitcoin Selim, which reaches 11,509 BTC. The market value of the encrypted currencies that the company maintains decreased 1.076 billion to 951 million dollars In the first quarter, in line with 11.56 % decrease in bitcoin priceThat decreased to 82,514 dollarsAccording to Coingecko data.
“
However, thanks to the recovery of the last market, the current value of the Bitcoin Reserve in Tesla exceeded again $ 1.07 billionAccording to the Bitcoin Treasury. It is important to note that Tesla has not changed its position in Bitcoin since June 30, 2022.
A major organizational change has also affected the way public companies can report in Criptovalute in their financial data. New base of Financial Accounting Standards Council It is now allowed to register the cryptocurrencies in their market value, while the losses can only be calculated only if the assets are sold.
Musk promises more attention to Tasla and less than the government
During the collective call on April 22, Musk announced that starting in May it will devote a “much less time” for its role in the so -called Ministry of Governmental efficiency (Doge)The Trump Administration Authority in charge of waste reduction and improving the efficiency of the federal government.
“Starting next month, May, the obligation will decrease dazedly“I will devote more time to Tella now after the main work has been completed for the establishment of the Ministry of Government’s efficiency,” Musk said.
Musk added that he will continue to allocate.One or two days a weekTo activate activities, to help the president Donald Trump To ensure that “the waste and fraud that we stopped does not appear.”
The market interacts positively with the Musk Declaration
The Musk Announcement had an immediate impact on the arrow of Tesla, which witnessed an increase in trading after working hours. After closing the day on April 22, an increase of 4.6 %, the shares gained an additional 5.4 %, reaching $ 250.80.
This rise occurred in the context of the general recovery of the stock market, which tried to recover after a week of losses. but, Tesla shares remain low by more than 37 % since the beginning of the yearIt is a number that reflects the structural difficulties of the company, including decrease in sales, political instability and the increase in the exposure of MUSK.
Look at the future: More focus on innovation
While reducing the size of his role in the government, Musk intends to return to focusing on the main Tesla activities, especially on technological innovation and expansion of production. The decision not to sell Bitcoin, despite the low value, indicates a long -term strategy and a confidence in the bull market recovery in encrypted currencies.
Meanwhile, investors have positively received the growing media commitment to Tesla, in the hope that this will translate the company’s performance in the upcoming seasons.
Conclusion: Musk returns his priorities
Elon Musk’s decision to reduce his participation in the Trump administration is to focus on Tesla an important signal of the market. At a time when the company faces great challenges, the CEO’s return to a more operating role may be very important to revive the growth and the investor’s confidence.
Despite the disappointing results of the first quarter, the flexibility of the position in Bitcoin and the renewed focus on business management indicate a strategy directed towards stability and restart. It remains to see whether Musk’s movements will be sufficient to reflect the cycle and re -recite to the path of sustainable growth.
