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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.
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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…

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  • 45% of the sources lean Left
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automotivedive.com broke the news in on Monday, March 10, 2025.
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