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Politics : The Elon Musk Presidency

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From: S. maltophilia3/14/2025 12:29:12 AM
   of 1209
 
Tesla Needs a Better Story
The car company’s fortunes are riding on Elon Musk’s future.

It’s been a bad month for the stock market. But it’s been a terrible month—in fact, a terrible year—for Tesla. Even after rebounding since Monday, perhaps with some help from Donald Trump’s South Lawn salesmanship, Tesla’s stock price is down almost 40 percent since January 1.

Some of that drop is down to concrete issues with Tesla’s core car business: Sales last year fell for the first time in more than a decade, and Wall Street analysts are now estimating that they will have fallen again in the most recent quarter. Tesla is facing fierce price competition in China, where its year-over-year sales fell by 49 percent in February, and steeply declining sales in Western......

theatlantic.com

Or maybe just beef up the sales force:

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