Tesla Inc. is facing chaos and uncertainty under CEO Elon Musk, with stock falling, layoffs, strategic shifts towards robotaxis, and concerns about the company's future direction.
Key Points
Tesla's stock has fallen over 40% amid slumping sales and confusing product decisions
Elon Musk has ordered the company's biggest layoffs ever and is focusing on a robotaxi concept
Investors and analysts are concerned about the company's strategy and future direction
Pros
Elon Musk's visionary leadership has steered Tesla out of challenges in the past
Tesla is still valued highly in the market despite recent setbacks
Cons
Stock has slid over 40%
Confusing product decisions, price cuts, and slumping sales
Layoffs and uncertainty among employees
Strategic shift towards robotaxis raises concerns about the future of the company