Elon Musk is running out of ideas to save Tesla - Europe Pub

cross-posted from: https://lemmy.world/post/28715622 [https://lemmy.world/post/28715622] > Summary > > Tesla reported its worst quarterly results in four years, with Q1 income down 71% and EV sales falling 13%. > > Elon Musk vowed to refocus on Tesla amid backlash over his political role in the Trump Administration’s DOGE program, but analysts doubt his return will fix worsening issues. > > Tesla faces eroding market share, failed products like the Cybertruck, and a coming 145% tariff on imported Chinese battery cells set to hammer the company’s battery pack business, one of the only bright spots last quarter. > > Musk’s pivot to robotaxis and humanoid robots lacks credibility, and critics say Tesla has no compelling new EVs to revive growth.