Musk Criticized Amid Tesla Decline and Cyberattack

Elon Musk faces increasing scrutiny over his leadership at Tesla amid a significant stock decline and his involvement in the Trump administration's Department of Government Efficiency (DOGE). Dan Ives from Wedbush Securities criticizes Musk's focus on DOGE, suggesting it distracts from Tesla's growth potential, especially as the company's sales have slumped globally. Musk's ambitious claim to double Tesla's U.S. production in two years raises questions given the current underutilization of installed capacity. Furthermore, Musk's political engagements and extreme statements, such as calling Senator Mark Kelly a 'traitor', have sparked controversy and potential brand damage. The struggles are compounded by a massive cyberattack on X, his social media platform, further straining Musk's ability to manage his ventures effectively. Despite these challenges, Musk continues to push for government efficiency, indicating an attempt to balance his diverse commitments.