Tesla’s financial position is getting worse, as the fallout continues from CEO Elon Musk’s politics. The electric automaker reported Wednesday that both revenue and profits fell in the second quarter of the year compared to a year earlier.

The White House Press Secretary told reporters that she "doesn't think" Trump wants federal agencies to have contracts with Musk's AI company.

The fallout from Elon Musk's dive into politics a year ago is still hammering Tesla sales, as profits drop sharply in latest quarter.

Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker continues to struggle despite CEO Elon Musk's pivot back to focusing on his companies after his controversial role leading the Trump administration's government cost cutting efforts.

Tesla's profits fell 16% over a three-month period ending in June that overlapped with the end of chief executive Elon Musk's tenure in the White House and his ensuing public clash with President Donald Trump, an earnings release on Wednesday showed.

The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong competition from cheaper electric vehicles and a backlash against CEO Elon Musk’s political views.

Ike Barinholtz, who just earned his first Emmy nomination for his role in The Studio, is in talks to play Elon Musk in an upcoming AI movie from Luca Guadagnino, The Hollywood Reporter has confirmed.

AI founder Elon Musk provided an update on the company's second Memphis campus, including plans to start bringing the site online.

Actor Ike Barinholtz is in talks to portray the world’s richest person, Elon Musk, in an upcoming comedy-drama movie that will reportedly center on the brief ousting of billionaire Sam Altman from the helm of OpenAI in 2023.

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter. The car company that has faced boycotts for months said Wednesday that revenue dropped 12% and profits slumped 16% in the three months through June as buyers continued to stay away.

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits fell sharply again in the latest quarter.