Tesla’s Sales Plummet

“Tesla’s global vehicle sales fell 13.5% in the second quarter from a year ago, continuing a steep slide in automotive sales as the company tries to pivot to autonomous vehicles,” the Wall Street Journal reports.

“The electric vehicle maker has struggled to reverse months of declining sales, which analysts have in part attributed to consumer backlash against the brand and its Chief Executive Elon Musk, whose role in cutting government spending was polarizing.”

New York Times: “Elon Musk, Tesla’s chief executive, has been seemingly indifferent to slumping vehicle sales, saying that the company’s future lies with technology that will allow Teslas to operate autonomously and function as driverless taxis.”