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Published 10 days ago

Tesla Is in Panic Mode. Can Elon Turn the Company Around?

Summary by Time Magazine

Elon Musk is fighting many battles right now: Against a Brazilian Supreme Court judge, the Australian Prime Minister, Don Lemon, OpenAI, and a nonprofit watchdog, to name a few. But Musk says that he’s now spending the majority of his work time on one of his oldest ventures: Tesla. And Tesla badly needs help. The carmaker released its quarterly earnings report yesterday and revealed that its profits fell 55% and revenue fell 9%—figures even wor…

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Tesla Is in Panic Mode. Can Elon Turn the Company Around?

Elon Musk is fighting many battles right now: Against a Brazilian Supreme Court judge, the Australian Prime Minister, Don Lemon, OpenAI, and a nonprofit watchdog, to name a few. But Musk says that he’s now spending the majority of his work time on one of his oldest ventures: Tesla. And Tesla badly needs help. The carmaker released its quarterly earnings report yesterday and revealed that its profits fell 55% and revenue fell 9%—figures even wor…

10 days ago·United States

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