While debate about whether or not Elon Musk has been good for Tesla continues to rage, there is at least one car that was definitely better off before Musk.
Tesla CEO Elon Musk has been a polarizing figure in recent months. He stepped aside as CEO of Twitter in the spring, but last week issued a vulgar statement to companies that pulled ads from the platform after he responded to an antisemitic post with the comment, «You have said the actual truth.» Musk purchased Twitter last year and rebranded it as X in April, but the company has lost about two-thirds of its value in his brief stewardship.
Tesla’s per-share stock price has also fluctuated wildly, from a peak of more than $400 about 13 months ago to about $113 this past January. Tesla finally began delivery of its long-hyped Cybertruck last week in a dubiously arranged promotional event that did little to dispel doubts about the quirky EV after numerous production delays.
