Markets Bet On Musk Myth
Tesla's profits plunge 71%; but the stock price defies gravity. It may have little to do with the viability of the company.
Tesla's catastrophic first-quarter results have laid bare the true cost of Elon Musk's political adventures and divided attention. With profits plummeting a staggering 71% and the company's stock down over 40% this year, what we're witnessing should be the potential collapse of the Elon Musk empire,…
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