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Tesla’s Sales Plummet

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“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.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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