Tesla is laying off 14,000 people, their self-driving cars are hitting a wall—figurative and sometimes literal—and this week, Cybertrucks were recalled over faulty pedals. How did Tesla go from being one of the world’s most successful businesses to the business equivalent of a dumpster fire that’s lost hundreds of billions of dollars in valuation? Erin and Max break down how Elon Musk trapped his company in a cycle of increasingly elusive innovation. And how, despite all of this, Tesla has it remained dominant in an electric car market that is only growing. SOURCESLudicrous - BenBella BooksTaxpayer Subsidies Helped Tesla Motors, So Why Does Elon Musk Slam Them? – Mother JonesHow Elon Musk Got Rich: The $230 Billion Myth | The Class Room ft. Second ThoughtCan Elon Musk Lead the Way to an Electric-Car Future? | The New YorkerTesla under investigation in California over Autopilot safety issues and false advertising - The VergeElon Musk's growing empire is fueled by $4.9 billion in government subsidies - Los Angeles TimesElon Musk’s Distraction Is Just One of Tesla’s Problems - The New York TimesTesla’s Value Dips Below $500 Billion in Blow to Stock Bulls - BloombergTesla Is Running Out of Time to Deliver on Self-Driving Promises - WSJElectric vehicles - IEASchwarzenegger boosts electric car makersAn Electric Car With Juice - The Washington PostFirst Tesla Model S deliveries set for June 22nd - The VergeWhen I First Saw Elon Musk for Who He Really IsTesla IPO Shares Pop, Drop, And Rally. Market Values It At $1.7 Billion. | TechCrunch
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