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by: xpoolPosted on: April 23, 2025

Tesla Holds Bitcoin Amidst Stock Surge & Q1 Earnings Decline

Tesla’s stock prices surged following CEO Elon Musk’s announcement to reduce his time commitment at the Trump administration’s Department of Government Efficiency (DOGE), a move attributed to prioritizing Tesla. This comes as Tesla reported a significant decline in profits and revenue during its first quarter of 2025, missing analyst expectations.

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