Morning Brew Daily Tesla's Terrible Q1 Prompts Musk Return? & Companies Face RFK Jr.'s Food Dye Ban
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Apr 23, 2025 Tesla's Q1 earnings miss raises alarms, prompting Elon Musk to reconsider his focus back on the company. Meanwhile, RFK Jr. pushes for a ban on artificial food dyes, sparking debate over consumer choices and industry norms. Chobani and Roche announce new factory investments in the U.S. amidst tariff threats. On the global stage, Japan faces a rice crisis, resorting to imports for the first time in decades, fueling cultural tensions and economic concerns.
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Tesla's Q1 Struggles and Focus Shift
- Tesla's Q1 saw a 13% drop in deliveries and a 71% net income decline, affected by CEO Elon Musk's divided focus.
- Musk plans to reduce Doge involvement to prioritize Tesla recovery, aiming to launch robo taxi service and a new affordable EV.
Cybertruck Rebrands as Work Truck
- The futuristic Cybertruck is repositioning as a practical working pickup after weak sales.
- Tesla shifts marketing to attract traditional pickup buyers rather than sci-fi enthusiasts.
Food Dye Ban Compliance Advice
- Food companies should proactively remove eight artificial dyes by next year to comply with FDA's upcoming ban.
- Doing so can avoid forced regulations, even though dyes boost product attractiveness and sales.