Nelson downgraded the company’s stock to a neutral rating in April. But even some of the Tesla bulls on Wall Street are saying that the time for Musk to take action is running out.

Musk originally brought up the concept of the retro-diner concept in 2018. The Tesla Diner & Drive-In combines a 1950s-style American diner with Tesla technology. Located on Santa Monica Boulevard, it's open 24/7 and features both indoor and outdoor seating for up to 250 people.

Musk said his automaker “probably could have a few rough quarters” ahead as federal electric vehicle credits expire soon.

Elon Musk is taking steps to expand his autonomous ride-hailing service to the Bay Area, according to a Business Insider report.

Tesla is preparing to roll out its robotaxi service in San Francisco and the Bay Area with a safety driver as soon as this weekend, Business Insider reported on Friday, in an effort to expand quickly amid falling electric vehicle sales.

Service would reportedly happen in certain parts of, San Jose, Marin County and the East Bay. Specific areas haven't been revealed.