Tesla Exec Departures Intensify Amid 13% Sales Drop

Troy Jones, Tesla’s vice president of sales, service, and delivery for North America, has left the company after 15 years, joining a wave of recent high-profile executive departures, including Omead Afshar, Jenna Ferrua, and Milan Kovac. Tesla is experiencing a 13% year-over-year sales decline and a stock drop of over 20% in 2024, while facing intensified competition and scrutiny over CEO Elon Musk’s public behavior and strategic decisions. The company has launched new products and expanded robotaxi services in an effort to stabilize its position amid mounting internal instability. Industry analysts and shareholders have expressed concerns about leadership continuity and Tesla's shift toward robotics and autonomous driving technology. Calls for the board to address these challenges are increasing. Tesla is expected to provide further updates in its second-quarter financial report.