“Sales are down, yearly revenue is down for the first time ever, and quarterly profits fell by a whopping 61 percent… That gives it a price-to-earnings ratio of 297—a ludicrous figure… The most immediate cause of Tesla’s sales problems is Musk’s political activities. …Musk’s unmasking as a Nazi salute–throwing fascist has obliterated Tesla’s futuristic green-friendly brand. … But Tesla’s problems run much deeper than that.”
—Ryan Cooper
https://prospect.org/2026/01/30/teslas-wile-e-coyote-moment-is-here/
#tesla #musk #elonmusk