For The Verge: The vibes are off at Tesla
Layoffs, lawsuits, delays, Twitter chaos, stock in free fall, factory shutdowns — What happened to America’s favorite electric car company?
A week ago, it was safe to say Tesla seemed to be ending the year on a rough note.
Between reports of layoffs, losing momentum in China, crackdowns on its Autopilot driver assistance software, CEO Elon Musk’s disastrous ownership of Twitter losing both money and face and long-promised products like the Cybertruck and Roadster feeling perpetually MIA, Tesla seemed poised to enter 2023 with more challenges than it’s ever faced before.
For a company that’s weathered as much turmoil in a decade as many automakers do in a century, only to become the most valuable car company on earth, that is saying a lot.
This week, however, things felt even worse.