Elon Musk is like a dog with a bone.What’s made him so successful, an unwavering belief that he is right, can also be his undoing—especially when the world’s richest man becomes emotional about the matter.

But once again, Musk has bigger issues at Tesla that came to a head July 2. Tesla had a rough start to the year as Musk's political outspokenness has turned off many potential buyers. After record sales in Q4 2024, the company has now reported two straight quarters of falling sales.

Billionaire’s political threats have not stopped the president’s ‘big, beautiful bill’ hurting the electric-car maker’s profits