Trump Adviser Flails When Asked About Effect of Tariffs on iPhones

“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no problem with demand,” the Tesla CEO said. “The stock wouldn’t be trading near all-time highs if things weren’t in good shape, they’re fine, don’t worry about it.”

Musk’s time in the White House hasn’t just been a P.R. nightmare for the car company. At the beginning of this month, Musk said he would take a step back from leading DOGE to focus on Tesla after the company’s first-quarter earnings fell far below expectations, with its profit plummeting by 71 percent.

Board members, executives, and major investors in Tesla have already jumped ship. Four top officers at the company unloaded more than $100 million in stock between February and March, reported ABC News. They include James Murdoch, the estranged son of right-wing media magnate Rupert Murdoch, and Elon Musk’s brother Kimbal Musk, the latter of whom shed $27 million from the carmaker, according to a Securities and Exchange Commission filing.