Tesla's Tumbling Stock: A Cautionary Tale of Overreach and Unrealism The recent double digit drop in Tesla's stock price is a symptom of a larger problem plaguing the company: an overemphasis on high risk ventures that have yet to deliver promised returns.
Elon Musk's vision for a world changing electric carmaker has long been admirable, but his relentless pursuit of moonshots has left investors and analysts questioning the company's viability.
Tesla's market value continues to erode due in part to massive capital expenditures on robotics, autonomous vehicles, and AI.