Tesla is in trouble.
Thanks to a highly distracted CEO, the company is:
🚗 Falling behind on updating its dated body styles
📉 Recent price cuts and deals with auto rental companies are a sign the company is "overbuilding" say analysts.
🛠️ Tesla's lack of dealerships is also now a liability, as its vehicles age and need service.
Great reporting from WSJ alumn Nora Naughton:
https://www.businessinsider.com/elon-musk-ruined-tesla-technology-ford-gm-car-companies-evs-2023-2