Tesla Stock Slides Amid Executive Departure

Tesla shares fell Tuesday as investors reacted to leadership instability and growing pressure on the company’s autonomous vehicle efforts, according to Benzinga. The departure of Troy Jones, Tesla’s North American sales VP and a 15-year veteran, marked another high-level exit following Elon Musk aide Omead Afshar’s resignation. A nominee to lead the NHTSA warned regulators must act proactively on self-driving safety, signaling tougher oversight amid mounting criticism of Tesla’s Full Self-Driving technology. Tesla recently lost an arbitration case and must pay nearly $18,000 to a customer who argued its FSD system is “nowhere near autonomous.” Additional scrutiny continues over traffic violations involving Tesla robotaxis in Austin. Shares closed down 1.93%.