Tesla’s real struggles have only just begun
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Tesla used to be the envy of the auto world, with sky-high valuations, a relentless focus on tech, and a CEO that commanded unprecedented loyalty from his customers.
Now the company’s reputation is in shambles, its financial future looks increasingly grim, and its costly bets on AI and robotics are unlikely to pay off anytime soon. Weirdly, CEO Elon Musk has only just “woken up” to the mounting crisis on his doorstep. That’s according to an unnamed “former Tesla executive,” who told the Financial Times that Musk has only just now come to terms with the damage his political activities are creating for Tesla.
