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Tesla investor Ross Gerber criticizes Tesla’s “garbage” Q2 earnings, citing a 12% revenue decline. He attributes the company’s struggles to CEO Elon Musk’s “PR crisis” and believes Musk’s political involvement is alienating consumers, impacting sales. Gerber suggests Musk needs to step back from the public eye to improve Tesla’s image and boost sales. He also advocates for Tesla to release lower-cost models to enhance global competitiveness and believes Tesla is currently in a crisis.

Xiaomi faces increased scrutiny after entering the automotive market, amplified by rapid growth and social media’s influence. CEO Lei Jun emphasizes meticulous communication and staying true to core values to navigate the “attention economy.” He stresses the importance of careful public statements and adapting to industry expectations despite being a newcomer.

China’s automotive market is witnessing public spats between executives amid intense competition. Analysts suggest this shift reflects unsustainable price wars and squeezed margins. Car manufacturers are publicly criticizing rivals to shape perception, protect brand image, and maintain consumer interest. An industry expert underscores the importance of maintaining at least 20% gross profit margins for ethical and long-term business viability, crucial in the current cutthroat environment.