Tesla faces turmoil at the top ... and stiff competition

Oct 1, 2018

Elon Musk must resign from Tesla's board of directors after a settlement on Saturday with the Securities and Exchange Commission over his tweets about taking the company private. He will stay on as CEO. It's tough to separate the conversation about Tesla from the conversation about Elon Musk. But let's talk about cars for a minute. Because it feels like electric car announcements are fast and furious lately. Ford is promising an electric crossover that's the size of a Tesla Model X but inspired by the Mustang. There are rumors of a $30,000 electric Volkswagen. Is Tesla's biggest problem actually competition? Molly talks with Maryann Keller, an auto industry analyst, about the new entries into the electric car market. (10/01/18)