Elon Musk gets more bad news from a new rival
Tesla isn't the only Musk company that is facing scary new competitors.
The first quarter of 2025 is in the books, and it’s impossible to deny that it went very poorly for Elon Musk.
The founder of Tesla (TSLA) temporarily eased shareholder anxiety when he announced plans to scale back his work with the Department of Government Efficiency (DOGE) and spend more time helping run his company. Since then, however, shares have dipped back into the red, indicating that the market isn’t convinced a turnaround is coming for TSLA.
