Tesla investors are losing patience with Elon Musk
qz.com —
Tesla investors are growing impatient with CEO Elon Musk, according to Wedbush analyst Dan Ives. He noted Musk's focus on his role in the Trump administration has distracted him from Tesla's needs, with little visibility at company facilities recently. Protests against Musk and Tesla have increased, including peaceful demonstrations and some violent incidents. Despite this, Tesla's stock rose nearly 4% recently, although it remains down over 35% for the year. Former President Trump showcased Tesla vehicles at the White House, expressing support for Musk. Musk announced plans to double U.S. vehicle production in the next two years, but it remains uncertain how this will impact sales.