Tesla, a leading electric car manufacturer, is currently grappling with a major setback as its profits have plunged by a staggering 71% in the wake of backlash over CEO Elon Musk’s political affiliations and support for contentious personalities. The company is also facing a decline in European sales, leading to protests and tarnishing its brand image. In the face of tough competition from rivals like BYD in the Indian market, Musk is determined to steer Tesla back on track by shifting its focus towards promising advancements in autonomous driving technology and giving more priority to the overall development of the company.

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Tesla’s Profits Plummet 71% Amid Controversies; Musk Vows Comeback with Autonomous Driving Focus
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