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Insider
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Tesla has flirted with disaster before. This time feels different.
- President Trump's promotion of Tesla cars and Elon Musk's relationship with him have prompted an identity crisis within Tesla.
- Musk's political entanglements have created challenges, with Tesla's stock falling significantly amidst concerns over his involvement in government and downsizing efforts.
- Tesla held a surprise all-hands meeting for employees after the stock slump, where Musk urged them not to sell their stock and acknowledged being overwhelmed.
- Critics fear Tesla's competition, with Chinese manufacturers like BYD offering cheaper prices and surpassing in innovation, raising doubts about Tesla's future projects.
- Concerns among Tesla employees and customers are increasing due to Musk's political focus and deviations from the company's original mission.
- Tesla faces backlash from the public, with incidents of vandalism at its sales centers and growing hostility towards Tesla owners, impacting resale values and sales.
- Some Tesla owners have shown support for Musk, while others have sold their Tesla vehicles in protest against his political activities and behavior.
- Despite challenges, some investors remain optimistic about Tesla's technology and potential, believing in Musk's ability to course correct and stabilize the company.
- Tesla's stock price volatility continues, but long-term investors see opportunities in the company's future milestones and technological advancements.
- The current situation represents a critical moment for Tesla, with Musk's diminishing popularity and the company facing a brand crisis amidst public scrutiny.
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