Tesla Gets a $94 Billion Reality Check as EV Winter Sets In::Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever.
In addition it’s not a stable, safe choice anymore because of the volatility of leadership. Musk’s increasing erratic behavior does not inspire confidence that Tesla will continue to be the darling it once was.