**Why Tesla’s Future Looks Riskier Than Ever**

In a shocking turn of events, Tesla has reported its worst quarterly results in four years, signaling a potential crisis for the electric vehicle giant. Senior editor Alan Owensman reveals that Elon Musk may be running out of ideas to revitalize the company, raising alarm bells among investors and analysts alike.

The numbers are grim: a staggering 71% drop in net income has left Tesla scrambling. Musk’s ambitious plans for a robo taxi program and humanoid robots are nothing more than speculative ideas, lacking concrete business models to support future revenues. The reality is stark—over 95% of Tesla’s revenue hinges on electric vehicles, battery systems, and charging services, and all three core areas are under siege.

As the market becomes increasingly saturated with competitors, Tesla struggles to maintain its once-untouchable lead. The launch of the new Model Y, while anticipated, does little to excite a consumer base longing for fresh, innovative products. Instead, the company seems to be recycling existing models, jeopardizing its appeal against a backdrop of used Teslas flooding the market.

Moreover, tariffs imposed on critical battery components imported from China threaten Tesla’s energy storage business, a once-promising growth area that now faces severe challenges. The upcoming Q2 report offers no signs of recovery, with experts predicting continued declines in electric vehicle sales.

Elon Musk’s dual role across multiple ventures raises concerns about his commitment to Tesla, with many calling for a management change to steer the company in a new direction. Investors are left questioning whether Musk can deliver on his grand promises or if Tesla is on the brink of a significant downturn.

As the industry watches closely, the stakes are higher than ever. Will Tesla pivot and innovate, or are we witnessing the unraveling of one of the most iconic brands in electric vehicles? The clock is ticking, and the future of Tesla hangs in the balance.