Musk says Tesla to add Grok AI next week
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But Tesla's troubles, though levered to Musk, may be deeper than Musk's distractions, such as politics, gaming, and colonizing Mars. A record fourth quarter delivery report in January seemed to indicate all was well with Tesla, but it doesn't tell the full story.
Public perception of the automaker and its billionaire owner seem to be at an all-time low. One person even claims to have lost $70,000 in business contracts because customers didn't like that he drives a Tesla Cybertruck.
Wall Street analysts are still bullish about the car maker’s prospects, but are urging the company’s Australian chairwoman Robyn Denholm to step in.
Chinese electric vehicles are becoming far more attractive, rendering Tesla's cars less appealing, particularly in global markets.
After falling out with President Trump, the billionaire plans to form a new party. He built the $910 bln carmaker through long-shot efforts promising huge payoffs, only for hard-won gains to erode. His latest distracting gamble coincides with shrinking financial rewards.
Longtime supporters of Tesla and Elon Musk called on its board to pull the CEO back to the troubled EV maker after he said he is starting a new America Party.
Tesla stock price fell Monday after Musk said he's formed the America Party, the latest development in the billionaire's feud with President Trump.
Ford CEO Jim Farley expressed skepticism about the technological approach to self-driving cars being pursued by Tesla, citing consumer “trust” and the need to “be really careful” as reasons why Ford sees more potential in systems based on laser sensors like those in Waymo vehicles.
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