Newsweek U.S.
  • Business
  • Economics
  • Markets
  • Technology
Go Ad-Free
  • Login
No Result
View All Result
  • Business
  • Economics
  • Markets
  • Technology
No Result
View All Result
Newsweek U.S.
  • GO AD-FREE
  • Login
Home Economics

Elon Musk Faces Business Challenges as He Leaves Washington

Levi Farrer by Levi Farrer
May 30, 2025
in Economics
Elon Musk Faces Business Challenges as He Leaves Washington

After his brief Washington stint as President Donald Trump’s chief cost-cutter Elon Musk has returned to the business world. The executive faces multiple challenges at his various business ventures as he steps down from his position.

The electric vehicle company Tesla under his leadership faces significant pressure because its first quarter profits decreased by 71% in 2025. The company faces declining sales because of Chinese automaker competition and negative public perception of Musk’s political views. Tesla’s image improvement among liberal consumers following Musk’s government exit remains uncertain because the company faces challenges from its outdated product lineup and rising market competition.

X formerly Twitter under Musk’s ownership continues to face difficulties in rebuilding its advertising customer base because of his political views that drove away mainstream brands. The aerospace firm SpaceX continues to lead the market for reusable rockets but faces ongoing challenges despite this success.

The satellite internet business Starlink operated by Musk faces uncertain times during its efforts to establish new international partnerships. The absence of Trump’s direct support makes analysts predict that international contract acquisition will become more challenging for the company.

The sudden departure of Musk from government service without any official ceremony has Washington insiders wondering about his future plans. During his time in Trump’s administration Musk’s unconventional leadership approach generated significant attention but his upcoming decisions will attract intense scrutiny from investors and policymakers.

Tags: Elon Musk
Previous Post

Trump Holds Pennsylvania Rally to Tout Nippon-U.S. Steel Deal

Next Post

Boeing Nears End of Legal Saga as DOJ Seeks to Dismiss Charges

Related Posts

Currency Exchange International increases share buyback program
Business

Currency Exchange International increases share buyback program

Taiwan Lifts 2025 Growth Outlook, Warns on 2026 Slowdown
Economics

Taiwan Lifts 2025 Growth Outlook, Warns on 2026 Slowdown

Trump’s Goldman Attack Sparks Fears of Softer Wall Street Research
Economics

Trump’s Goldman Attack Sparks Fears of Softer Wall Street Research

Hot PPI Data Keeps Fed on Track for Smaller Rate Cut
Economics

Hot PPI Data Keeps Fed on Track for Smaller Rate Cut

US Jobless Claims Edge Lower but Hiring Remains Soft
Economics

US Jobless Claims Edge Lower but Hiring Remains Soft

Goldman Economist Stands Firm After Trump Tariff Criticism
Economics

Goldman Economist Stands Firm After Trump Tariff Criticism

Next Post
Boeing Nears End of Legal Saga as DOJ Seeks to Dismiss Charges

Boeing Nears End of Legal Saga as DOJ Seeks to Dismiss Charges

Newsweek U.S.

© 2025 Newsweek U.S. All rights reserved.

Navigate Site

  • Privacy Policy
  • Terms
  • About us
  • Contacts

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economics
  • Markets
  • Technology

© 2025 Newsweek U.S. All rights reserved.