Reported about 12 hours ago
Tesla's CEO Elon Musk announced he will dedicate more time to the company starting May, aiming to counteract recent declines in vehicle sales and improve its image. Following his announcement, Tesla's stock has shown some recovery, but it still faces challenges with lower revenue and high valuation ratios. Analysts suggest that while Musk's focus may lead to a better performance in the long term, quick improvements are uncertain amid current sluggish sales figures.
Source: YAHOO