18.1 C
New York
Saturday, September 7, 2024

Why Tesla Is Still Struggling

Sluggish car sales and a tough price war with rivals are weighing on Elon Musk’s electric vehicle company.

By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni, NY Times 

Elon Musk is an omnipresent figure in the news, given his recent endorsement of Donald Trump — who praised him in return — and his frequent, sometimes inflammatory, posts on his X social network.

But all that attention isn’t translating into success at Musk’s core business, as Tesla reported another sharp drop in quarterly profit that has spooked investors.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,730FansLike
396,312FollowersFollow
2,310SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x