Reported about 5 hours ago
A Wall Street analyst believes that Elon Musk's recent bid for OpenAI is distracting him from addressing crucial challenges facing Tesla, particularly as the company's stock suffers amidst declining sales in key markets and increasing competition in the EV sector. OpenAI's CEO rejected Musk's unsolicited $97.4 billion purchase offer, highlighting concerns regarding Musk's political activities and their potential negative impact on Tesla's favorability and sales performance.
Source: YAHOO