Elon Musk, immersed in various interests from AI to space travel, faces scrutiny as Tesla's sales decline in 2024 for the first time amid fierce EV competition. Investors have raised numerous concerns ahead of the fourth-quarter earnings call, particularly about full self-driving tech, affordable models, and service wait times. Many are questioning Musk’s promises and his political engagements, which may impact public perception and sales. Stocks remain high, but investor confidence is wavering as the market and expectations evolve.
But Tesla's annual sales were down for the first time ever in 2024 as new EV competitors emerge and some buyers seem turned off by Musk's politics.
Musk has promised a lot over the years and he's been able to ride that wave, and his involvement with the Trump White House, to some of $TSLA's highest share prices ever.
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