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TESLA STOCK Shock: Musk’s Bold Promise Sparks Investor Fears
— Elon Musk faced tough questions at the Qatar Economic Forum. He admitted Tesla’s sales are weak in Europe but claimed the company has “already turned around†worldwide. Musk told investors not to worry about short-term drops in TESLA stock, calling the market “the ultimate scoreboard†for business health.
Musk pushed back against critics who say he’s stretched too thin across his many companies and government projects, especially with his Department of Government Efficiency (DOGE) plan. He also admitted Tesla’s software team Cariad is struggling and will have layoffs soon.
Still, Musk pointed to new partnerships with companies like Geely-backed Ecarx to boost smart car technology in Europe and America. He says these deals will help Tesla stay ahead as competition grows stronger around the globe.
Investors remain nervous about Tesla’s future and Musk’s leadership style. The company is betting on innovation and global teamwork to fix its weak spots and calm worried shareholders.
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