Elon Musk Says Tesla Could Face 'A Few Rough Quarters'
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Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could be game-changers — if they prove true.
The fallout from Elon Musk's dive into politics a year ago is still hammering Tesla sales, as profits drop sharply in latest quarter.
Tesla CEO Elon Musk warned of challenges after the EV maker saw a 12% revenue drop to $22.5 billion in Q2, marking its worst quarter in years. The decline stemmed from lower vehicle deliveries and regulatory credit revenue,
The Tesla Takedown movement wants the new Los Angeles Tesla Diner to be shut down, levying furious criticism at Elon Musk
The CEO is already eyeing expansion for his Tesla Diner dishing merchandise and food served by Optimus robots.
Musk said that half the US population could have access to a Tesla robotaxi by the end of 2025. That’s a huge leap from the company’s current limited rollout.
LOS ANGELES (Reuters) -Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet to get off the ground.
The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong competition from cheaper electric vehicles and a backlash against CEO Elon Musk’s political views.