Tesla Struggles with Slumping Sales and Share Price Despite Innovation Record

Tesla's share price has plummeted over 25% so far this year, making it one of the worst-performing S&P 500 stocks
Slumping car sales, setbacks in autonomous driving, and increased competition have cost Tesla over $200 billion in lost market value
Critics argue demand has slowed due to no new affordable models and more competitor EVs, while supporters cite Tesla's record of innovation
Tesla delivered fewer cars than expected last quarter and attributed it to Model 3 production preparation and shipping delays
Analysts say Tesla needs a sub-$30,000 car to attract more buyers, but its path to recovery remains unclear