Tesla released its first quarter financial results Tuesday after the markets closed, and they’re a doozy. The electric car company’s total revenue for the quarter fell 9.4% from the year prior, missing Wall Street expectations by around $1.8 billion.

Elon Musk vowed to pull back “significantly” from his work with the US government and pay more mind to Tesla Inc., assuaging investors concerned about the carmaker’s worst quarter in years. The chief executive officer will devote “far more” of his time to Tesla starting next month,