It might be time for Tesla CEO Elon Musk’s own fork in the road.
The electric carmaker is set to report quarterly earnings Tuesday afternoon that may say a lot about which direction Musk and the company he has ridden to immense wealth will go next.
The company will update investors on revenue, profit and other key figures after months of turmoil as Musk continues to dedicate a large portion of his time to the Trump administration’s attempt to radically remake the federal government, far away from his corporate responsibilities at Tesla, SpaceX and his other companies.
With Tesla’s stock and brand reputation getting pummeled — and with Trump’s tariff policy threatening to upend the automotive market, Tesla included — many Tesla investors have called on Musk to scale back or end his government work entirely and return his focus to business.
Not in this lifetime for me, though the world has generally forgiven the auto brands who helped run the Axis Powers war machine like BMW, Volkswagen, Mitsubishi, etc.
Tesla could do a complete about-face, oust Musk and his cronies, start adhering to better market practices, and build themselves back up as a reputable brand. But not for a long while.
Better that there actually be a better path to take which could lead somewhere in the future, otherwise they may as well double down on his stupidity and profit while they can before the whole company just implodes.
I mean… Volkswagen was created by literal Nazis…