DOGE chief Musk says he’s running his businesses ‘with great difficulty,’ as Tesla shares tank
- Tesla shares dropped 15.4% to USD 222.15, the lowest since October, amid waning confidence in the company as sales decline globally.
- Analysts report that Musk's political involvement, including his support for Donald Trump, has fueled investor concerns and increased protests against Tesla.
- Protests against Tesla have surged, with former enthusiasts vandalizing vehicles and calling for boycotts due to Musk's political stances.
- Tesla's sales fell 45% in Europe in January, while sales in China plummeted by 49%, affected by local competition.
134 Articles
134 Articles
Tesla’s shares suffered a significant decline on Monday, falling by 15%, which is its most pronounced fall since September 2020. Following the news. This decline extends a long period of mass sales for the electric vehicle giant. Tesla’s bad run For seven consecutive weeks, Tesla faced losses, the longest run since its creation in the Nasdaq in 2010. Between lines. Financial turbulence began with Elon Musk’s active political participation in Was…
Elon Musk’s White House role weighs on business empire
Elon Musk’s role in the Trump administration is complicating his business ventures, as the tech billionaire pushes forward with efforts to slash the federal government and budget in the face of mounting criticism. Tesla’s stock has plummeted more than 50 percent since late last year, while demonstrations are popping up at the electric vehicle company’s outlets across the country in protest of President Trump’s so-called Department of Governmen…
Here's why Elon Musk has lost billions (and is still the richest person in the world)
While Tesla CEO Elon Musk isn't in any danger of struggling to make ends meet, his wealth has taken a significant hit recently as shares of the electric vehicle company tumble on the stock market. Some analysts say it's an indication that Musk's controversial comments and connection to the Trump administration are having an impact on his personal riches.
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