Tesla's net income has been declining YOY since 2023.
Last I checked a few years ago, they were never truly profitable.
It's only bad when it's going to the poor.
On top of that Tesla never reached the scale of any other car maker, those are some of the biggest and most complicated companies and supply chains on the planet.
I used to think we owed him the fact that EV are a thing, I then learned that China was preparing for it for a while, now I'm not so certain if he had the vision that it was possible to overcome the stagnation and resistance of traditional car makers or he just knew the chinese were also working on it.
for sure he saw the promise in reusable rockets, as he saw it with LLMs, a business genius he is, an industrialist I'm not sure.
Their total volume of vehicles sold is 15% of Toyota’s, and shrinking.
>In June 2009, Eberhard brought a lawsuit against Elon Musk for libel, slander, and breach of contract, alleging that Musk pushed him out of the company, publicly disparaged him, and compromised Tesla's financial health. (wikipedia)
I'd be a bit skeptical of Musk's telling of that one.