All of Musk's companies are facing a difficult period due to Tesla's problems. Bloomberg:

30.05.2024 13:41 | Category Science and culture

The problems of Tesla's electric car manufacturing company threaten the stability of Elon Musk's other enterprises. The Bloomberg agency wrote about this. The agency noted that "disorder prevails" at Tesla, layoffs do not stop and the morale of employees has fallen. The company's stock is falling, sales are flat, and some investors believe the company is headed by a "distracted leader." is not according to the plan and that the risk for investors is increasing", Ivan Frishberg, Director of Sustainable Development of Amalgamated Bank, which owns about 600,000 shares of Tesla, told the agency. Bloomberg emphasized that earlier, when things were good in all organizations, investors were not worried about possible complications related to the fact that all companies are managed by one person. In addition to Tesla, Musk manages five other companies. SpaceX, which is engaged in the production of space equipment, xAI artificial intelligence startup, Neuralink neurotechnology company, The Boring Company, which builds tunnels, and X work under his leadership.

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All of Musk's companies are facing a difficult period due to Tesla's problems. Bloomberg:

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