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The Hustle Daily Show
Explaining Tesla’s troubles, from robotaxis to cybertrucks
Apr 23, 2024
The podcast delves into Tesla's financial troubles, including stock decline, cybertruck recalls, and layoffs. It explores Elon Musk's controversial decisions on robo-taxis and investor worries. The hosts also cover Chipotle's expansion and the legal battles between cookie brands.
14:36
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Quick takeaways
- Tesla's financial struggles stem from recalls, market challenges, and layoffs, while Musk's focus on autonomous vehicles raises investor concerns.
- Despite stock declines and strategic worries, Tesla's value remains high, driven by investor faith in Musk's leadership potential for recovery.
Deep dives
Tesla's Struggles and Challenges
Tesla is facing significant challenges, including a steep stock decline, slumping sales, weakening market for its cars, and recalls for faulty accelerator pedals. The company's once strong position in China is under threat, and its CEO, Elon Musk, has announced layoffs amounting to more than 14,000 jobs.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode