Tesla Faces Financial Woes Amid Cadillac EV Shift

Cadillac is reportedly transitioning its CT4 and CT5 sedan models to all-electric variants, aligning with General Motors' focus on electric vehicles amidst declining sales in their current lineup. Meanwhile, Tesla is facing significant financial and reputational challenges, exacerbated by CEO Elon Musk's controversial political affiliations and his role overseeing the Department of Government Efficiency. Tesla's stock has plunged over 50%, and the resale value of its vehicles, especially the Cybertruck, has decreased, partly due to Musk's public image and resulting backlash. This situation has led to vandalism of Tesla vehicles and a decline in consumer interest. However, some analysts suggest Musk's political influence could benefit Tesla by increasing market presence in Republican regions. Despite these issues, Musk remains prominent, with SpaceX surpassing Tesla as his most valuable asset.