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    In a bind, Musk hopes autonomous Tesla taxis will drive a new, positive narrative

    by Russ Mitchell, Los Angeles Times Apr 19, 2019 3 minutes

    Elon Musk is in a bind - perhaps the tightest bind of his business career.

    Demand for Tesla cars appears to have stalled. Stores are being closed. Inventory is piling up. Prices are being cut.

    Panasonic, the company's closest business partner, abandoned plans to expand operations at Tesla's giant battery factory in Nevada unless car sales pick up.

    Although Tesla posted consecutive quarterly profits late last year, Musk has prepared Wall Street for a loss when first-quarter 2019 earnings are announced April 24.

    The controversial chief executive also faces contempt charges from the Securities and

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