This article explores the potential reasons behind Tesla's recent slowdown in growth, suggesting that Elon Musk's overconfidence in Full Self Driving (FSD) and a shift in focus towards the Cybertruck may have contributed to the situation.
Some of this article is stuff that’s been widely discussed for months, but I think it goes a little deeper into how I think we got here. Maybe I’m wrong, but after covering Tesla and Elon Musk very closely for 12 years and having my assumptions and analysis affirmed by Musk countless times, I do think I could be right with this. Also, frankly, it’s not rocket science.
The 50% growth rate Musk repeated for years had been reality, and he just kept that projection growing, seemingly without giving too much consideration to the possibility that it would be reduced and growth would taper off. Or maybe it was really just all about overconfidence in FSD development. In any case, we haven’t been seeing 50% annual growth, and Musk eventually stopped talking about this, and wouldn’t even give a sales forecast for 2024.
But he can’t say he’s taken a wrong course, can’t say he’s too distracted, and can’t say he’s failed in his duties at Tesla. And this is where a Hail Mary savior comes in.
Tesla Elon Musk Growth Slowdown FSD Cybertruck
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Starlink in Brazil's crosshairs as spat over Elon Musk's X escalatesThe confrontation between Brazil and Musk continues to escalate over the country’s decision to block his social media company X.
Read more »
Elon Musk’s X TV is now available in your living roomX now has a video-centric app available on smart TVs and other streaming platforms. This should end well.
Read more »
Elon Musk Stuns Dogecoin (DOGE) Community With X PostElon Musk's recent comment on X has triggered reaction from Dogecoin community
Read more »
Is There a Spot for Elon Musk in a Second Trump Administration?The owner of X and CEO of Tesla and Space X has indicated he would be 'willing to serve' if Donald Trump is reelected.
Read more »
Brazil Supreme Court upholds judge's decision to block Elon Musk's X across countryToday's Video Headlines: 9/2/24
Read more »
Elon Musk’s Starlink Defies Brazilian Court Order, Refuses to Block X in CountrySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »