Op-ed: Tesla's stock slump is a glimpse of the future of the multinational corporation, and it's not good
1. Tesla sales decline 22% in China; facing fierce domestic competition. Regulatory issues hamper FSD rollout. 2. Tesla’s German sales dropped nearly 60% due to nationalist backlash and political associations. Musk’s political alignment fuels controversy. 3. Geopolitical tensions from U.S. tariffs and nationalist policies hurt US multinationals abroad. Tesla’s Shanghai success becomes a liability. 4. Stalled Chinese autonomous tech approvals reflect rising U.S.–China trade tensions. Tesla’s market positioning is directly challenged.