Elon Musk stays CEO of Tesla despite significant challenges

Elon Musk and Tesla are facing significant challenges. In recent weeks, both the company and Musk have experienced major setbacks. Tesla's stock has dropped by 37% since the beginning of 2025, raising concerns among investors. Some cite fears of a trade war and declining profits as reasons for this downturn. Protests against Musk have also increased across the U.S., adding to the social stigma surrounding Tesla vehicles. Musk's other ventures are struggling too. SpaceX faced a rocket explosion last week, along with a delayed rescue mission for astronauts. His social media platform, X, suffered outages due to a "massive cyberattack," which Musk claimed was linked to Ukraine. Tensions also arose between Musk and U.S. officials during a White House meeting concerning his role in Dogecoin. Despite these troubles, Musk remains the CEO of Tesla. Many believe his leadership is critical to the company's identity. When Tesla organized a sales event at the White House, it raised eyebrows, suggesting Musk may need political support to address ongoing issues. Meanwhile, Apple is confronting its own troubles with its digital assistant, Siri. A recent meeting revealed frustrations among Apple's leadership about Siri's ineffectiveness compared to competitors. Siri's upgrades have been delayed indefinitely, and some employees are advocating for a complete overhaul of the project. In another notable story, a former Meta employee has published a controversial tell-all book. It contains allegations against high-ranking officials, including sexual harassment and corporate misconduct. Meta has responded strongly, claiming the book is full of lies and seeking legal action to prevent its public distribution. As these tech giants grapple with internal and external pressures, their future strategies and public perceptions remain uncertain.