Hyperdrive

Tesla Isn't Having the Epic End to the Year Elon Musk Predicted

Price and production cuts contribute to the CEO squandering his status as world’s richest person.

Tesla vehicles parked at the Port of Yokohama in Japan on Oct. 28, days after CEO Elon Musk predicted an “epic” year-end.

Photographer: Toru Hanai/Bloomberg
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Elon Musk’s prediction that Tesla would have an “epic” end of year looks more off base by the day.