Investors’ excitement and skepticism were further increased by Musk’s silence in the face of messages on social networks and media; Reuters specifically reported that Tesla refused to launch the Model 2 at Musk’s insistence. In response, the entrepreneur wrote on his profile on social network X: “Reuters is lying,” without providing any additional details or explanations.
Investors are expecting comprehensive statements from Musk about what’s in store for the Model 2 and how Tesla plans to combat falling sales due to declining demand for electric vehicles worldwide and increasing competition from relatively inexpensive Chinese models. However, so far no answers have been found to any of the questions Musk asked.
Investors’ concerns also focused on recent news that 10 percent of Tesla employees worldwide will be laid off.
There is also growing investor distrust that Tesla will be able to quickly launch the announced robotaxi on public roads due to existing technical and regulatory issues.
In this regard, one of the Tesla investors, Ross Gerber, President and CEO of Gerber Kawasaki Asset and Investment Management, spoke quite categorically: “There is no point in investing in Tesla if they do not launch this car,” he talked about the possible refusal of Tesla. Release Model 2.
Source: Ferra
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