Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around?  ...Middle East

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Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? 
Elon Musk is fighting many battles right now: Against a Brazilian Supreme Court judge, the Australian Prime Minister, Don Lemon, OpenAI, and a nonprofit watchdog, to name a few. But Musk says that he’s now spending the majority of his work time on one of his oldest ventures: Tesla. And Tesla badly needs help. The carmaker released its quarterly earnings report yesterday and revealed that its profits fell 55% and revenue fell 9%—figures even worse than many analysts had anticipated. The company announced its intentions to lay off more than 10% of its staff, or about 14,000 people, including major cuts in California and Texas.  [time-brightcove not-tgx=”true”] Musk soothed inve

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