Tesla Is in Deeper Trouble than You Think
TRAVIS COUNTY, TEXAS, JUL 7 – Tesla's revenue from regulatory credits, which contributed $10.6 billion since 2019, faces a $255 million quarterly loss amid federal policy changes removing EV tax credits.
- Tesla is facing major hurdles as its global sales dropped by 13% in both the first and second quarters of this year, reflecting a deteriorating financial outlook.
- These declines stem from increased competition from Western and Chinese automakers, expiration of the $7,500 EV tax credit on October 1, and negative impacts from Elon Musk's political activity.
- Musk's political involvement and creation of a new political party distracted investors, triggered protests outside Tesla showrooms, and led analysts to urge limiting his political pursuits.
- William Blair downgraded Tesla to market perform with reduced earnings forecasts, while analyst Dan Ives maintained a buy rating and $500 price target but highlighted Musk's alienation of stakeholders.
- The loss of tax credits and worsening market share suggest Tesla may return to losses despite Musk's assurances that future growth depends on robots and self-driving taxis.
13 Articles
13 Articles
Tesla's troubles go far beyond the recent clash between CEO Elon Musk and President Donald Trump, who accused the former "first friend" of "losing control" in a heated social media spat last weekend.
Tesla está en problemas más graves de lo que crees
Por Chris Isidore, CNN Los problemas de Tesla van mucho más allá del reciente enfrentamiento entre el CEO Elon Musk y el presidente Donald Trump, quien acusó al ex “primer amigo” de “perder el control” en una pelea acalorada en redes sociales el fin de semana. Pero mientras las batallas entre Musk y Trump acaparan la atención, las perspectivas de ingresos y resultados de Tesla han empeorado notablemente. La compañía podría incluso volver a perde…
Tesla is in deeper trouble than you think
By Chris Isidore, CNN (CNN) — Tesla’s troubles go far beyond CEO Elon Musk’s recent dust-up with President Donald Trump, who accused the former “first buddy” of going “completely ‘off the rails’” in a social media slap fight over the weekend. But while the battles between Musk and Trump are getting all the attention, the outlook for Tesla’s revenue and bottom line have has gotten notably worse. And the company could even be back to losing money,…
How Tesla Could Fix Its PR Crisis
By Thomas Mustac, Publicist – Otter PR Electric vehicle (EV) company Tesla currently faces significant PR challenges due to CEO Elon Musk’s behavior and public statements over the past year. As a result, the company’s sales have slowed and the share price has dropped. Tesla needs to repair its brand and reconnect with customers. Failure […]
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