LOS ANGELES (Reuters) -Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet to get off the ground.

Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.

To absolutely no one's surprise, people really hate Tesla, according to a new study on electric vehicles Ever since Tesla CEO and bad boy billionaire Elon Musk made a rightward turn in politics, Tesla

LONDON/MILAN (Reuters) -Tesla shares fell nearly 6% in early trading in Europe on Thursday, after Elon Musk's electric vehicle maker posted its worst quarterly decline in sales in over a decade. On a conference call,

Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles under President Donald Trump's big fiscal package.

While Tesla is still the No. 1 seller of electric vehicles in the United States by a wide margin, the earnings report shows a deteriorating situation with no obvious quick fix for

Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.

Tesla had said in April it would start producing the model by the end of the first half and sources had told Reuters the ve