Overview

• Elon Musk fired vice president Omead Afshar, who led Tesla’s sales and manufacturing in North America and Europe, as the company closes its second quarter.
• European deliveries plunged 28% in May, marking a fifth consecutive month of declines, with U.S. numbers also sliding as buyers shift to cheaper Chinese brands.
• Tesla launched a limited robotaxi service in Austin on June 22, deploying Model Y vehicles with safety drivers on short routes in the city.
• Jenna Ferrua, Tesla’s HR director for North America, and Milan Kovac, head of the Optimus humanoid robotics program, exited the company recently.
• Musk’s political activities and growing Chinese competition have strained Tesla’s brand and contributed to a 19% drop in stock value year-to-date.