Tesla's Radical Course Change: When Vision and Balance Sheet Drift Apart
Reading Time: 3 minutes
The US electric car pioneer Tesla is accelerating its transformation into an AI and robotics company. However, while CEO Elon Musk is preparing the company for a future beyond automotive manufacturing, the current business figures reveal a dangerous dependence on its weakening core business. The Fundamental Gap Between Ambition and Reality For years, Elon Musk has been working to shift the narrative around Tesla. What began in 2016 with the acquisition of Solar City as a "sustainable energy company" has long since evolved into an aggressive...
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