Trouble at Tesla? The headache facing Elon Musk

The company is at a crossroads amid Tesla layoffs as Musk grapples with falling sales and an influx of cheap Chinese-made EVs

Figures released last week by the China Passenger Car Association revealed Tesla’s share of domestic EV sales fell to 7.7 per cent in March, compared with 12.4 per cent a year earlier. Nearly all the value in Tesla is currently in car manufacturing, he said.

Via: thetimes.co.uk