The Empire of Musk on the Edge of a Razor?
The history of Elon Musk's march into politics illustrates how misguided decisions can deliver a devastating blow from which recovery will be impossible.
Scandalously known for his far-right views, statements, and questionable decisions as CEO of Doge, he has evidently set out on a destructive path for his business and career much earlier.
The first obvious failure was the significant price reduction of Tesla cars, which occurred in early 2023 under pressure from Chinese manufacturers. But Musk did not stop and decided to launch the dubious product Cybertruck, whose sales failure may become the final nail in the coffin for the entire company, whose shares have been steadily declining for over 6 months.
The blame game that Musk staged with Trump the day before on X looks like the last attempt by the businessman to regain consumer trust, although it is evident that it did not work in his favor.
The forecast for Tesla's stock price is grim⏬️
