Tesla is facing challenges with declining sales, attributed to minimal updates in their product lineup and quality issues with the Cybertruck.
Sales have dropped in key markets like Europe, China, and the United States, mainly due to increasing competition from domestic EV manufacturers.
Elon Musk's controversial political engagements have negatively impacted Tesla's brand perception, leading to public backlash and protests.
Despite the hurdles, Tesla aims to refocus on innovation, particularly in autonomous driving technology, to regain market momentum and address quality concerns.