Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For Tesla, the pursuit of market dominance and shareholder value has, until recently, served the company well.The US company dominated the electric vehicle industry and has long been synonymous with innovation, propelled in part by the personal profile of its billionaire chief executive Elon Musk. But in recent months, as Musk has waded deeper into politics, his popularity has nosedived. Tesla’s car sales and share price have swiftly followed, paving the way for new challengers. At the front of the pack is China’s EV leader BYD, which this week unveiled a new fast-charging system that the company says can complete a full charge in the time it takes to fill a car with petrol. The breakthrough sent shares in BYD skyrocketing and, at the time of writing, stocks in the Warren Buffett-backed company were valued at HK$424.40 ($54.58) up almost 85 per cent year on year.Tesla, meanwhile, is grappling with yet another voluntary recall of its Cybertruck over safety concerns. Musk has plans to invest around $11bn a year in AI infrastructure to boost Tesla’s robotics, computing and battery ventures. But as FT Alphaville’s Dan McCrum and Stephen Morris discuss in a column that takes a close look at Tesla’s accounts, what it is doing with its cash isn’t always clear.Industry experts have suggested that Tesla’s intense drive for growth is exposing it to volatility, and that Musk’s extracurricular activities for the Trump administration are a reputation risk. Plummeting sales would suggest that consumers agree. But what do you think? Is it still worth buying a Tesla — or has the car company lost its appeal?Tell us your view by voting in our poll or commenting below the line.
