Tesla Faces Challenges Amid Tariff Turmoil and Sales Decline

Tesla Faces Challenges Amid Tariff Turmoil and Sales Decline
Tesla is experiencing significant challenges, including a drop in Q1 sales and a declining stock price, attributed to ongoing protests and intense competition from other automakers. CEO Elon Musk, once seen as a symbol of innovation, has admitted that the company narrowly avoided bankruptcy in the past. The recent tariffs announced by President Trump may provide some relief, yet concerns linger over their potential negative impact on Tesla's energy-storage business. Meanwhile, competitors like Ford and Volkswagen are seizing the opportunity to attract customers with incentives and discounts.