Can Tesla Escape Its Troubles?
Tesla Inc. became one of the most valuable companies in the world by proving it was possible to sell battery-powered electric vehicles at a profit and in high volumes. But for much of 2024, investors have questioned Tesla’s outlook: The stock cratered amid slumping sales, confusing signals about its product strategy and concerns that its aging lineup wasn’t keeping pace.
Tesla Inc. became one of the most valuable companies in the world by proving it was possible to sell battery-powered electric vehicles at a profit and in high volumes. But for much of 2024, investors have questioned Tesla’s outlook: The stock cratered amid slumping sales, confusing signals about its product strategy and concerns that its aging lineup wasn’t keeping pace.
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