Elon Musk has reportedly admitted Tesla is in serious trouble, shocking the automotive and tech industries. Once a leader in EV innovation, Tesla now faces declining sales due to competition from Rivian, Lucid, BYD, and traditional automakers. Supply chain disruptions, production delays, and stock volatility have worsened its struggles.
Investors worry Musk’s focus on ventures like X (Twitter), SpaceX, and Neuralink has diverted attention from Tesla. According to sources, Musk warned employees, “Tesla is doomed—we can’t survive if we don’t make drastic changes immediately,” sparking fears of financial instability or potential bankruptcy if urgent measures aren’t taken.
