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Musk says he'll spend less time in Washington and more time running Tesla after its profit plunges

News Snapshot:

NEW YORK (AP) — Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits. Musk said on a conference call with analysts Tuesday that “now that the major work of establishing Department of Government Efficiency is done,” that he will be “allocating far more of my time to Tesla” starting in May. Musk said he expects to spend “a day or two per week on government matters for as long as the president would like me to do so.” Tesla struggled…

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