Tesla stock down more than 8% after reporting biggest sales drop in its history
edition.cnn.com
edition.cnn.com
When there is a huge technological revolution like that, many if not all of the incumbents fail to make the transition and go out of business, and the market is taken over at least partly by new firms. Tesla is well-positioned to be one of the ones that succeeds. So rather than settling down, it needs to scramble and grow as fast as possible, which is just what it is doing.