Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term in the White House, with Elon Musk right by his side.

Now that the Tesla CEO is firmly planted in Washington, D.C., in a high-profile advisory role, shareholders in the electric vehicle maker have some questions.

On the forum Tesla uses to solicit investor inquiries in advance of its earnings calls, more than 100 poured in from shareholders about Musk’s politics, including his official role at Trump’s Department of Government Efficiency (DOGE) and his endorsement of far-right candidates.

“How much time does Elon Musk devote to growing Tesla, solving product issues, and driving shareholder value vs. his public engagements with Trump, DOGE, and political activities?” one retail investor asked, adding, “Do you believe he’s providing Tesla the focus it needs?”

In addition to contributing $270 million to help Trump and other Republican candidates and causes, Musk spent weeks on the campaign trail during the fourth quarter working to propel Trump back into the White House. After Trump’s election victory, Musk then spent considerable time far away from Tesla’s factory floor at Trump’s Mar-a-Lago resort in Florida.

One of the top-voted questions about Musk asked how much time he intends to spend “at the White House and on government activities vs time and effort dedicated to Tesla.”

Musk and Tesla didn’t immediately respond to a request for comment.

Musk has also involved himself in German politics, giving a full-throated endorsement of the country’s far-right, anti-immigrant party AfD (Alternative für Deutschland) in December ahead of the February election.

According to research and consulting firm Brand Finance, the value of Tesla’s brand fell by 26% last year, with factors including Musk’s “antagonism,” Tesla’s aging lineup of EVs and more. The researchers found that fewer consumers would recommend or consider buying a Tesla now than in previous years.

During public remarks following last week’s inauguration, Musk repeatedly used a gesture that was viewed by many historians and politicians as a Nazi salute. Ruth Ben-Ghiat, whose scholarship has focused on fascism, described it as “a Nazi salute and a very belligerent one,” while neo-Nazis praised Musk for his antics.

A shareholder on Say asked, “Will you apologize for the misunderstanding that occurred when you made the hand gesture thanking folks for their support. It would go a long way with your investors and the American public at large. Thanking you in advance Elon!”

In response to the criticism, Musk said anyone calling the salute a hateful gesture was pushing a “hoax.” But after that, he engaged in Nazi-themed word play on X, prompting the Anti-Defamation League to rebuke him, writing it is “inappropriate and offensive to make light” of the “singularly evil” Holocaust. And Musk later appeared via video at a rally for the AfD in Halle, Germany.

Some investors asked whether Tesla had “sales lost due to political activities of Elon,” how the company plans “to respond to Musk’s now infamous Nazi salute,” and how Tesla “is addressing the negative impacts of Elon’s public views and activities.”

But Tesla is under no obligation to bring any of these topics up on the earnings call. Ahead of the third-quarter call in October, investors had a lot of questions and concerns about similar issues regarding Musk’s involvement in politics, though that was before Trump’s election victory.

Trump was never mentioned on that call.

WATCH: Here’s why Bank of America downgraded Tesla

Embattled genetic testing company 23andMe said on Tuesday that it’s started exploring strategic alternatives for a second time, which could include a sale of the company or its assets, a restructuring or a business combination.

The stock, which lost 82% of its value last year, fell 10% in extended trading and was briefly halted.

The announcement coincided with the release of 23andMe’s third-quarter results. Revenue in the company’s consumer services business dropped 8% to $39.6 million from $42.9 million in the same period last year.

The company said it will “need additional liquidity” to fund its operations, and it is looking to raise capital.

“Management has determined that there is substantial doubt about the Company’s ability to continue as a going concern,” 23andMe said in the earnings release on Tuesday.

CEO Anne Wojcicki has been trying to keep the company afloat. 23andMe is now worth less than $100 million, down from a peak of $6 billion.

In March, 23andMe’s independent directors formed a special committee to evaluate the company’s potential paths forward. Wojcicki submitted a proposal to take the company private in July, but it was rejected because it lacked committed financing and offered no premium to the closing share price at the time, the committee said.

The independent directors all resigned from 23andMe’s board two months later, citing disagreements with Wojcicki about the “strategic direction for the company.” Wojcicki has since appointed three new independent directors to its board, and 23andMe also said it planned to cut 40% of its workforce and shutter its therapeutics business as part of a restructuring plan. 

On Tuesday, 23andMe said the special committee will oversee the search for strategic alternatives again, according to a release. The committee has selected Moelis & Company as its financial advisor and Goodwin Procter as its legal advisor.

There’s no guarantee that a deal will take place, the committee said. Wojcicki has repeatedly expressed her desire to take the company private, but it’s not clear if she will submit another proposal to do so.

23andMe declined to comment.

WATCH: The rise and fall of 23andMe

Shares of semiconductor supplier Qorvo, which counts on Apple for an outsized amount of revenue, plunged in extended trading after the company warned of potentially flat sales to its “largest customer.”

Qorvo’s stock initially popped after the company reported better-than-expected fiscal third quarter earnings. Here’s how the company did compared with analysts’ expectations based on a survey by LSEG:

• Earnings per share: $1.61, adjusted, vs. $1.20 expected
• Revenue: $916 million vs. $902 million expected

Qorvo, which makes radio frequency chips used by smartphone manufacturers, offered better-than-expected guidance for the current quarter, saying it expects revenue to come in at $850 million, ahead of the $841 million forecast by analysts. The company expects earnings of $1 per share, versus the 86 cents projected.

However, the stock turned around dramatically soon after the start of the earnings calls, when CEO Bob Bruggeworth told analysts that sales to its top customer would show little if any growth in the fiscal year ending March 2026.

“For FY 2026, we’re currently forecasting revenue at our largest customer to be flat to up modestly,” Bruggeworth said.

The stock was down 3.4% after the call.

Qorvo doesn’t name the customer in its earnings report but the company said in its annual filing last year that Apple accounted for 46% of revenue in fiscal 2024. On the call, Qorvo said its largest customer represented just over half of revenue in the December quarter.

Analysts expect total revenue for fiscal 2026 of $3.85 billion, representing growth of just over 4% from a year earlier, according to LSEG.

Bruggeworth said the company also faces challenges with its Android business. Revenue there will fall by about $150 million to $200 million in fiscal 2026 and by about the same amount the following year.

“Most of that will be in China,” he said.

Earlier this month, activist investor Starboard Value revealed a 7.7% stake in Qorvo.

WATCH: Apple’s superficial problem is there’s not enough demand, says Jim Cramer