Reported about 24 hours ago
Elon Musk's embrace of far-right views has led to significant brand damage for Tesla, resulting in a steep decline in sales and profits. Protests against him have intensified in Europe, causing a 39% drop in sales, with competitors like BYD and new European models increasingly attracting customers. Despite attempts to reassure investors through potential innovations and cost-cuts, the uncertainty surrounding Tesla's brand recovery looms large as analysts warn of a full-blown crisis.
Source: YAHOO