By Audrey Kemp
Tesla’s latest earnings report reveals a rare sales decline and stock dip, as CEO Elon Musk’s escalating controversies and political entanglements raise questions about the brand’s long-term consumer trust and market position.
Tesla’s Q4 2024 earnings report today delivered a rare dose of reality for the electric car giant: global sales fell to 1.79 million vehicles, down from 1.81 million in 2023. The stock reflected the turbulence, closing at $389.65—a 2.12% drop for the day. But the numbers are just part of the story. The real question on Wall Street and beyond is whether Tesla’s biggest asset — Elon Musk — Read full story ›
Source: The Drum