Can Tesla Escape Its Troubles?

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Tesla became one of the most valuable companies by selling battery-powered electric vehicles profitably and in high volumes. However, in 2024, investors have raised concerns about Tesla's outlook due to slumping sales, confusing signals about its product strategy, and worries about its aging lineup. Elon Musk, Tesla's CEO, has been more focused on the promise of an autonomous robotaxi than developing a more affordable electric vehicle to compete with companies like BYD Co. in China. Tesla's driver-assistance software, Full Self-Driving, still requires active monitoring by a human.