TLDR · BIG TECH & STARTUPS
TESLA LEAK SHOWS THAT MUSK'S VISION IS TREMBLING
Summary from the TLDR newsletter
Tesla sales are down considerably worldwide. Banks say that Elon Musk has created a 'code red situation' by overinvesting his time in the US Department of Government Efficiency. Tesla's brand has taken a hit due to Musk's public persona and many customers have returned their vehicles to distance themselves from him. Musk's bet on the future of self-driving tech over cheaper vehicles has lowered investor confidence in his vision. Musk announced that there will be a live company update during the earnings call today.