It was typical Tesla hyperbole, and even Musk told listeners to the company’s earnings call that his prognostications should be taken “with a grain of salt because I am optimistic.” Now, it seems, any optimism in this smaller Tesla was misplaced.

DOHA - Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla's CEO for another five years, aiming to address concerns about balancing his role at the automaker with his involvement in the Trump administration.