Elon Musk doesn’t know how to turn Tesla around
by The Spectator Australia
The Spectator Australia— The share price is in freefall. Sales are sliding at an accelerating rate as customers lose interest. The Chinese are…What to read next: Donald Trump’s U-turn could vindicate his Tory enthusiasts | Welsh Labour’s speeding U-turn shows devolution is beginning to grate | If Apple loses against China so will the West | The Bank of England can’t blame IT for its dodgy forecasts
Time—Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around?. The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges in Tesla's EV and AI efforts.
New York Post—Supreme Court turns away Elon Musk's appeal to toss SEC settlement over Tesla tweets. The settlement came after Musk said on social media that he had "funding secured" to take Tesla private -- which the SEC in a legal action called false and misleading.
Fortune—Elon Musk has turned Tesla into a meme stock as he tells Wall Street to value the EV maker like an AI company, top economist says. "The fundraiser, cheerleader, and coach for teams developing real technologies has become a meme-stock carnival barker."