Tesla's Share Price Tumbles Over 20% Amid Market Trends – Has Faith in Musk's 'Grand Vision' Waned?
6 day ago / Read about 0 minute
Author:小编   

On July 27, CNBC reported that Tesla's vehicle sales have taken a hit, and profits have significantly dwindled. Compounding these issues, regulatory credit sales revenue is poised to dry up as a result of Republican policies. Tesla CEO Elon Musk, who once lured investors with long-term promises, now finds this strategy faltering. Investors are increasingly focusing on the tangible challenges confronting Tesla, such as competition from low-cost electric vehicles in the Chinese market and the tarnishing of its brand image due to Musk's political entanglements.