Tesla faces declining car deliveries, layoffs, executive departures, and falling stock prices amid competitive pressure, supply chain issues, and autonomous driving tech challenges.
Elon Musk's Tesla faces challenges as it struggles with a drop in car deliveries, layoffs, executive departures, and falling stock prices. The CEO's behavior may turn off some potential customers, but experts believe the company's bigger problems include competitive pressure, supply chain issues, and challenges with fully autonomous driving technology. Tesla's upcoming earnings report is expected to show a decline in revenue and operating profit, raising questions about Elon Musk's ability to reassure investors and steer the company forward.
April 22, 2024
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