News Summary

Elon Musk, CEO of Tesla, has reportedly fired Omead Afshar, the company’s vice president in charge of sales and manufacturing in North America and Europe. Afshar’s departure comes as Tesla faces declining sales, marking the first annual drop in car sales since it began mass-producing electric vehicles over a decade ago. The company’s industry-leading profits have fallen 71% year-over-year in the first quarter of 2025, and European sales fell nearly 28% year-over-year in May. Afshar, who joined Tesla in 2017, was a key figure in the ‘office of the CEO’ and had been credited with leading the construction of Tesla’s massive factory in Austin, Texas. His termination coincides with internal investigations into his involvement in a plan to purchase special materials for a glass building reportedly desired by Musk. This change in leadership is part of broader challenges Tesla faces, including Musk’s involvement in U.S. politics and scrutiny from the Department of Justice and the Securities and Exchange Commission.