Things are bad at Tesla. They’re about to get much worse.
The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning.
Shares
Australia’s largest pension fund sells $367M WiseTech shares on governance concerns
The divestment comes after WiseTech appointed its founder Richard White as executive chairman last month, enabling the tycoon to take back control of the company four months after quitting as CEO following a series of damaging media reports.
23andMe files for Chapter 11 bankruptcy—CEO Anne Wojcicki exits
Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.
Five people who could run Tesla better than Elon Musk
The EV maker is struggling as anti-Elon Musk sentiment sparks Tesla boycotts and protests. It’s not likely to happen, but who could step in if he relinquished the reins?
‘Crisis forming’ at Tesla as Elon Musk dedicates himself to DOGE, bullish analyst warns
“I loudly urge Musk and the Board to step up, stop being silent, and help resolve this crisis forming at Tesla,” wrote Wedbush analyst Dan Ives.
Tesla is no longer Elon Musk’s most valuable asset
The EV maker has been the single biggest part of his ever expanding fortune for years. No more, as Tesla’s stock comes crashing down.
JPMorgan’s scathing Tesla prediction: Musk’s car company will report worst quarterly deliveries in 3 years
Tesla stock had its best percentage gain in two months Wednesday, but some prominent Wall Street analysts are starting to sour on Elon Musk’s company.
Donald Trump says he’s buying a Tesla ‘at full price’ to back Elon Musk
President Donald Trump and Elon Musk appeared outside of the White House together so Trump could look at Teslas to purchase.
Why Tesla isn’t the AI powerhouse Musk says it is
He claims the carmaker will be the most valuable AI company in the world thanks to the reams of video data collected by its cars. Is that really a competitive advantage?
Why the financial markets are the only real check on Trump
With Congress acquiescing to all of Trump’s wishes and the courts stacked in his favor, many are concerned about an unbridled president. To the rescue comes the market.