Tesla profit plunges in latest quarter as Musk’s politics repels buyers

Tesla’s revenue fell 12% and profits dropped 16% in the latest quarter, marking the third consecutive quarter of declining profits amid ongoing buyer hesitation.Elon Musk’s political involvement has negatively affected Tesla’s brand perception, leading to boycotts and lost market share to competitors in the U.S. and Europe.Musk is shifting focus from car sales to future ventures like robotaxis and robotics, with plans to expand autonomous taxi services and ramp up production of humanoid robots despite short-term financial challenges.https://tsbrenterprises.org/teslas-profit-drops-as-musks-politics-alienate/