Tesla is in Major Trouble, and It's Worse Than You Think

It's been a rough few weeks for Tesla as its stock price has plummeted, its sales have dwindled, and its profits have been slashed. And it doesn't look like things are going to get any better anytime soon, either.

In an article titled "Tesla is in worse shape than you think," Chris Isidore of CNN Business pointed out that Tesla does not seem to be even making money on its cars anymore, at least in a way that would sustain it for the future.

In the first quarter, as Isidore points out, the company posted a $409 million profit.