Tesla earnings day is here, and boy oh boy, this one could be a doozy. In the past several months, one of the world’s largest EV makers has seen its market share fall. That’s partly because of increased competition in China, Europe, and North America. But it’s also due to CEO Elon Musk’s political alignment with President Trump and his activities under DOGE to slash federal jobs and insert his supporters into positions of power.
People have expressed their opposition to Musk and Trump through the Tesla Takedown protest movement; others have sold their Tesla vehicles and stock. Those actions are beginning to take a toll.
Tesla, and more specifically Musk, have tried to focus the conversation on the future — namely the promise of AI. Will it work? We’ll find out.
