Tesla faces declining sales and public perception issues

thedailybeast.com

Tesla's New York City showroom has shifted from a low-key "gallery" approach to a more traditional sales model, with more staff available and test drives offered. This change reflects a broader trend amid declining public perception of Elon Musk. Tesla's stock has dropped significantly, falling from a high of $479.86 in December to $222.15 recently. The company also reported its first-ever decline in global sales, with sharp decreases in Europe and China. Public sentiment towards Tesla has worsened, with a survey showing 63% of car shoppers unwilling to consider the brand. Musk acknowledged challenges in managing his businesses amid these changes.


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