The Wall Street Journal

The inside tale of Tesla’s fall to earth

The inside tale of Tesla’s fall to earth
(Image: WSJ)
The Wall Street Journal
By Rebecca ElliottTesla chief executive Elon Musk has spent years trying to build the automaker of the future. It’s the electric car company of the present that’s now giving him trouble.After a period of rapid expansion, the company has seen its sales fall and its once-enviable margins shrink. For the first time in years, the biggest question for Tesla is not whether it will be able to make enough cars but whether people will buy them.The company’s stock, down 34% this year, has been the worst performer in the S&P 500 inde...

More Technology

First NZ-made aluminium cans set to roll off Recorp's line
Technology

First NZ-made aluminium cans set to roll off Recorp's line

Operations were delayed by months because the machinery was too big for the building.

Greg Hurrell 02 Jul 2024
Scott Tech lands two new deals worth $19m
Markets

Scott Tech lands two new deals worth $19m

Scott has a new deal with existing customer Danone and has nabbed a new UK customer.

Ben Moore 02 Jul 2024
Tech industry wants to lock up nuclear power for AI
Technology

Tech industry wants to lock up nuclear power for AI

The largest tech companies are looking to buy nuclear power directly from plants.

Being AI sues investment bank for defamation
Markets

Being AI sues investment bank for defamation

Chair Sean Joyce says the bank has doubled down on highly defamatory allegations.