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DOGE chief Musk says he’s running his businesses ‘with great difficulty,’ as Tesla shares tank

Tesla's stock fell over 15 percent on Monday, marking its worst trading day since September 2020, and it has lost more than 50 percent of its value since December 17 last year.
Approximately $800 billion has been erased from Tesla's value, leading to the loss of its status as a trillion-dollar company.
CFO Vaibhav Taneja sold over $8 million in Tesla shares, while Chairperson Robyn Denholm sold over $115 million, raising concerns about the company's future.
CEO Elon Musk stated he is running his businesses 'with great difficulty' while expecting to continue with DOGE for another year, despite Tesla's declining sales and stock prices.

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Politiken

Elon Musk suffers historic drop in fortune as Tesla shares plummet

The automaker's shares soared after the US presidential election, when Elon Musk stepped into the political spotlight. Now the rise has turned into a dramatic decline, and the gains have evaporated.

5 hours ago·Copenhagen, Denmark

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Bloomberg

The Week Everything Went Wrong for Elon

Tesla stock plummeted, dealerships were attacked, X went down—even one of Musk’s SpaceX rockets blew up.

14 hours ago·United States

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Inc.

These 5 Problems at Elon Musk’s Businesses Are Rooted in His DOGE Work

The time and focus Musk has dedicated to slashing federal jobs has sent investors and customers bolting from Tesla stock and cars, adding to other business for the divisive CEO.

16 hours ago

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MSNBC

‘Horrible, no good, very bad day for Elon Musk’: Tesla stocks tumble, X crashes, Dems mobilize

In addition to Tesla stocks plummeting and X, formerly Twitter, facing outages, Democrats have launched a new series of attack ads focused on Elon Musk's role in dismantling the federal government, potentially giving them a boost in upcoming elections.

19 hours ago·United States

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The spokesman-Review

Protesters gather again at Tesla dealership in Liberty Lake amid Musk's DOGE controversy: 'Every day I wake up and see terrible news'

Dressed in warm clothes, the overly polite agitators lined both sides of East Mission Avenue in Liberty Lake on Tuesday afternoon waving homemade signs to send a message to the world’s richest man.Standing in front of the Tesla dealership, at 1805 N. Pepper Lane, the double line of protesters carried placards that read “Dangerous Oligarch Gutting Everything,” “Resist” and “This Musk Stop.”Robbie Jackson, who said she was in her 60s, said the pol…

22 hours ago·Spokane, United States

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