Just as people often stop to stare at an accident, investors are transfixed by the car crash occurring at Tesla. The EV-maker reported that it delivered just 337,000 vehicles in the first quarter, 13% fewer than a year before. Its market value has fallen by roughly half since its peak in December. This partly reflects a backlash against the MAGA-infused politics of the company’s boss, Elon Musk. Now, though, even Republicans appear to be spurning his EVs. On other matters, imagine if the smartest person in your graduating class at university was forced to work for the country’s worst-performing company. Something similar happens at the National Football League (NFL) draft. The event begins on Thursday. The NFL has turned it into thrilling television. |