The vibes are off at Tesla

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The vibes are off at Tesla
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“It’s losers across the board,” one analyst said.

, it’s equally impossible to prove how that may translate to new business for Tesla.

Yet for all the calls for Musk to move on from Twitter, many with a financial stake still see Musk as crucial to Tesla’s future success. Perhaps it could be seen as the downside to hinging a company’s hopes on one person; maybe it’s proof that success in one arena“Musk is the heart and lungs of the Tesla story,” Ives told. “And that’s why the Twitter train wreck has had such an outsize impact on Tesla’s stock.

through the end of the year, and offers for 10,000 miles of free Supercharging. Those price discounts on the car will carry over in 2023 in the form of renewed EV tax credits. “It was kind of a joke,” Drury said. “Established automakers really handed that market over because they had no faith in it. But now, they’re going full-throttle because they’ve seen there’s a large customer base.”

In 2023, the Model S will be 10 years old and the Model X SUV will be eight years old. Both have received significant hardware, software, and feature upgrades since, often with over-the-air updates. The smaller Model 3 and Model Y continue to sell well. But both are at a point where most automakers would be doing heavy updates or replacing them with new models entirely.

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