Tesla Leak Shows That Musk's Vision Is Trembling

Tesla is a company in crisis. Ahead of its Q1 earnings call tomorrow, investors are already feeling the pressure, with shares sliding over seven percent already today. The core issue is that its sales are down considerably worldwide, with banks warning that the company's mercurial leader Elon Musk had created a "code red situation" by overinvesting his time slashing government funding with the help of his so-called Department of Government Efficiency. Tesla's brand has borne the brunt of Musk's increasingly extremist views and abrasive behavior, with a record number of customers returning their vehicles to distance themselves from him. Shares are down over 50 percent since the company reached an all-time high in December, shortly after Trump was elected. And compounding all that trouble is that Musk's vision for the future of Tesla is looking increasingly shaky. Just last October, Musk mocked the idea of a non-autonomous $25,000 car — previously his long-term "master plan" for the ... Read full article.