Reported 22 days ago
Tesla is experiencing unprecedented sales declines and worsening financial outlooks, exacerbated by CEO Elon Musk's controversial political moves and increased competition in the electric vehicle market. Despite promising developments in autonomous technology, the company's revenue is at risk due to the removal of regulatory credits and a significant drop in demand. Analysts express concern over Musk's political endeavors distracting from crucial business operations, suggesting that Tesla needs focused leadership as it enters a pivotal stage for growth.
Source: YAHOO