Tesla in Crisis: Elon Musk Ditches His Closest Allies Amid Plummeting Sales!
Tesla, once the pride of electric vehicles, is now struggling with falling sales and internal turmoil. The latest shock? The firing of Omead Afshar, Tesla’s head of operations for North America and Europe, a man who was one of Musk’s closest confidants. Why? Because sales have been dropping for five straight months in Europe, and the situation in the US isn’t any better.
Sales Freefall That Just Won’t Stop
In May, Tesla’s sales in the European Union plunged by a staggering 40.5% compared to last year, slashing its market share to a mere 0.9%. The US market is also shrinking, and China, Tesla’s biggest market, saw a 15% drop in May. These aren’t just numbers — they’re flashing red warnings for a company that once dominated the electric vehicle scene.
Afshar Fired: Musk’s Man Who Couldn’t Fix the Mess
Afshar joined Tesla as an engineer in 2014 and quickly rose to become VP overseeing North America and Europe. The Wall Street Journal called him Musk’s “problem solver,” but even he couldn’t stop the sales slide. Musk decided to cut him loose, sending a clear message: results matter, and bad results mean you’re out.
Cybertruck Flop and New Challenges
After the Cybertruck failed to meet production goals and was widely mocked, Tesla is now mostly focusing on upgrading existing models instead of launching new ones. Musk is trying to diversify with robotaxis and humanoid robots, but critics warn this is a risky gamble since nearly all Tesla’s revenue still comes from electric cars and batteries.
More Departures and Shakeups
Afshar’s exit isn’t an isolated case. Milan Kovac, head of the humanoid robot Optimus development team, also left the company. These top-level changes highlight the pressure Musk faces to stabilize Tesla’s business and regain investor trust.
Stock Prices Tanking, Musk Takes Control
Tesla’s stock has dropped 19% since the start of the year, closing Thursday at about $195.78. Musk previously said he wants to spend more time running his companies, and firing Afshar is his first concrete move in that direction.
Chinese Competition and the Future
While Tesla flounders trying to find a new path, Chinese rivals like BYD are rapidly gaining ground. Tesla hopes its redesigned Model Y, expected soon in Europe, will turn things around — but time is running out.
Bottom Line: Tesla at a Crossroads
Tesla is at a crossroads. Falling sales, internal chaos, and risky new strategies cast a shadow over the once-mighty giant. Elon Musk is known for bold moves, but will he save Tesla this time — or will it become just another cautionary tale in the electric vehicle world?
Got thoughts on Musk’s moves or think Tesla can still roar back? Drop a comment below — let’s see who’s cheering and who’s jeering in this wild ride without brakes!