Elon Musk's Tesla posts steepest sales decline in over a decade as EV demand slumps
1. Tesla launched a more affordable model, boosting production expectations. 2. Quarterly revenue fell 12%, the largest drop in over a decade. 3. Competition from cheaper EVs and Musk's political issues are concerns. 4. Investors worry Musk's focus may decline with political commitments. 5. High-profile executive exits raise apprehension about company stability.