Overview

• Tesla's affordable EV, initially promised for mid-2025, faces production delays, with plans reportedly involving a stripped-down Model Y variant.
• Automotive gross margins are expected to hit a multi-year low of 11.83%, reflecting increased discounts and incentives to boost sales.
• Robotaxi services, promised for Texas by June and California later this year, are hindered by regulatory approvals and safety concerns.
• Cybertruck recalls in March and halted imports of Cybercab components due to tariffs have disrupted production and raised safety questions.
• Elon Musk's political involvement has contributed to protests, brand value decline, and consumer backlash, further pressuring Tesla's market position.