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The real reason Tesla is tanking: Musk's political self-sabotage

Thursday April 25, 2024. 03:30 PM , from BoingBoing
The real reason Tesla is tanking: Musk's political self-sabotage
Tesla sales are way down, the stock has fallen by 40%. This piece on the BBC website purports to look at the headwinds Tesla faces in a tough market:

A price war has been intensifying between electric vehicle (EV) makers, with particularly fierce competition coming from Chinese firms…
The firm has been slow to refresh its ageing models while rivals in China, such as BYD and Nio, have been rolling out cheaper models.

— Read the rest
The post The real reason Tesla is tanking: Musk's political self-sabotage appeared first on Boing Boing.
https://boingboing.net/2024/04/25/the-real-reason-tesla-is-tanking-musks-political-self-sabotage.htm

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