Investors thought Elon Musk would increase his role in the several tech companies he owns after he recently declared he was leaving politics. Musk’s changing objectives may not be the remedy they sought, as seen by his heated argument with US President Donald Trump and the public revelation of his personal problems in the White House.
Musk is now facing a boycott threat from one of his primary clients, the federal government under Trump, rather than stepping back from the spotlight and concentrating on improving the fortunes of Tesla and his other businesses.
However, some contend that Musk’s enterprises’ issues go well beyond this dispute and the contentious role it has played in bringing the Trump administration to a dramatic conclusion. This is particularly true for Tesla, according to seasoned tech journalist Kara Swisher.
“Tesla’s finished,” she told the BBC early this week while attending the San Francisco Media Summit.
“It was an excellent automaker. Although they are far behind, they might compete in the market for autonomous taxis.
Tesla has long tried to catch up to competitor Waymo, which is owned by Alphabet, Google’s parent company. Waymo’s driverless taxis have been cruising the streets of San Francisco for years and are currently available in several other locations.
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