New information has been revealed that Elon Musk’s leadership instincts.
The Tesla (Tsla)) The CEO is not unrelated to the controversial choices that oblige experts and investors to question his ability to direct the company. While the producer of electric vehicles (EV) has reached the top of its field, the Musk buffoonery has raised many eyebrows.
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Since Musk began his mandate with the so-called Ministry of Government efficiency (DOGE), Tesla’s stock has mainly tended to decrease, and Wall Street’s feeling also decreased. Even analysts who have maintained very bullish positions on TSLA for years have reduced their price objectives.
With competition on the electric vehicle market, Tesla and Musk face a very uncertain future while consumers take a stand against the company. Now, a new report suggests that things may be about to get worse for musk, because a bad decision he has taken is in place.
In recent years, the EV landscape has moved quickly, because competition has intensified. When this happens, advanced companies such as Tesla are forced to adapt, which generally means finding new ways of innovating.
Part of Tesla’s growth strategy focused on autonomous technology, especially in the pioneer of its Robotaxi. Known as Cybercab, this autonomous vehicle should be deployed later this year, but with standby operations. Experts said it means that it cannot be really “self-commissioner”.
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This meant the prioritization of cybercab to the detriment of another new model, in particular the Tesla Model 2 of $ 25,000 that fans were looking forward to for years.
It also seems that Musk’s decision to focus on Robotaxy at a high price compared to more affordable daily electric vehicles may have been poorly advised.
According to a new report of InformationTesla internal analysts warned Musk that Robotaxi “could never be profitable” and could have a negative impact on the long -term business. These experts noted that Tesla would probably be forced to maintain cybercab mainly in the United States, as obtaining regulatory approval on international markets would be difficult.
However, they also noted that model 2 would be welcomed in markets such as India, Vietnam and certain parts of Latin America, which would embrace an EV from the mass market of a popular brand. However, this did not prove to be attractive enough to influence Tesla’s leader.
