Tesla(US:TSLA) Sou Hu Cai Jing·2025-05-01 09:06Core Points - Elon Musk is facing significant challenges in both his business ventures, particularly Tesla, and his role in the Trump administration, leading to speculation about his future as CEO of Tesla [1][4] - Tesla's electric vehicle sales are projected to decline in 2024, marking the first annual drop in over a decade, which has resulted in substantial price cuts and a decrease in profit margins [3][4] - Tesla's stock price has been on a downward trend, with a market value loss of $448.3 billion and a 71% drop in profits in the first quarter of the year [4] Group 1 - Musk's relationship with the Trump administration has become strained, with reports of heated arguments and resistance to his reform efforts within the government [3] - The Tesla board has begun searching for a successor to Musk as CEO, contacting several headhunting firms to formalize the process, although the status of this succession plan remains unclear [4] - Musk has publicly denied reports about his potential departure from Tesla, labeling them as false news and criticizing the media for ethical violations [5] Group 2 - During a recent cabinet meeting, Trump expressed support for Musk, acknowledging the respect he garners from the public and suggesting that Musk may wish to return home soon [3] - The decline in Tesla's sales has been attributed to backlash from anti-Trump sentiments directed at the company, impacting its market performance [3][4] - Musk's personal wealth has significantly decreased, dropping from $449 billion to $335 billion, resulting in a loss of $114 billion [4]