Tesla is in disarray. Musk has already moved beyond caring about cars.

News Snapshot:

The Cybertruck, Tesla’s only new model in the past five years, has logged disappointing sales. Tesla sales are in a deep funk. Elon Musk insists he doesn’t care. The electric-car pioneer is stuck in one of its worst sales streaks, with the company reporting Wednesday that global vehicle sales fell 13.5% in the second quarter, compared with a year ago. Vehicle deliveries also dropped 13% in the first quarter. Rivals from General Motors to China’s BYD, in the meantime, have churned out high-tech vehicles, stealing market share. And Congress is preparing to pull the plug on U.S. tax credits for...