Tesla (TSLA) all but admits electric car sales growth is gone, gives no guidance (opens in new tab)

I have to imagine that someone at Tesla who isn’t sniffing Elon’s glue is in emergency crisis mode. The company has so many things going against them:

- Alienating just about all of their politically-conscious customer base.

- Having no new product answers to the barrage of competing products that are often superior vehicles. Where is their EV9 competitor? Where is their Kia Niro/Equinox EV low cost competitor? Where are their competitors to Cadillac’s 5 electric SUV models?

- The CCS charging infrastructure situation in the US dramatically improving in the last year. Competing EVs are finally getting NACS but the irony there is that NACS is less of an asset than it has ever been before.

- Wasting an entire product development cycle on the Cybertruck, which is an especially alarming failure considering that it’s an extremely popular segment in the US. An American company being unable to sell an F-150 competitor is an embarrassment.

- The company is blowing resources on robots and robotaxis that are obviously going to result in business failures.

- The overall EV market is not shrinking so there’s not much excuse for Tesla to be shrinking and stagnating.

- Tesla’s inability to keep up with China despite having a factory there is also an embarrassment. They have years of head start.

When does pumping the stock go from fiduciary duty to fraud? Musk is bad for the company yet Musk as CEO props up the meme stock. Is it fraud to keep on Musk or dereliction of fiduciary duty then?