Wall Street's frustration with Tesla CEO Elon Musk is escalating as he prioritizes other initiatives over his role in running the company. Prominent analysts have noted a concerning absence of Musk at Tesla's operations, contributing to negative perceptions and a significant decline in share value. Sales have plummeted worldwide, largely attributed to Musk's controversial behavior and political affiliations, leading to a grim outlook for Tesla's future performance, with analysts anticipating disappointing Q1 sales results.
Musk needs to step up as Tesla CEO at this critical juncture, as the word 'balance' has been missing with his ability to run Tesla.
There has been little to no sign of Musk at any Tesla factory or manufacturing facility the last two months and perception has become reality for Tesla shares.
Tesla sales have been driven off a cliff worldwide due to Musk's behavior and endorsement of far-right ideologies.
Tesla stocks are down almost 35 percent year to date, with analysts expecting the worst as upcoming Q1 sales numbers are anticipated.
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