Elon Musk Faces Tesla Crisis Amid Stock Plunge

Tesla's stock has dropped over 40% since January, wiping out the post-election gains.

Elon Musk, whose fortune is tied to Tesla, has lost $121 billion in just three months.

Analysts point to declining global sales, rising competition, and Musk’s political distractions as key reasons for the downturn.

Musk used Tesla shares as collateral for loans to buy Twitter.

If Tesla’s stock keeps falling, he might be forced to sell more shares, which could push the stock

down even further.

Some reports suggest Tesla would need to drop to $114 per share for this to happen.

Tesla’s sales are plummeting worldwide.

In China, deliveries fell 49% last month, while in Germany, sales dropped 76% due to backlash over Musk’s

political ties.

Meanwhile, competitors like BYD are launching faster-charging EVs, putting more pressure on Tesla.

Ross Gerber, an early Tesla investor, says Musk is too distracted by politics and should step down as

CEO.

He argues that Tesla’s reputation is suffering, and the company needs a leader focused on its core business.

Other investors believe Tesla can survive without Musk at the helm.

Tesla is facing protests and boycotts, with some owners selling their cars in frustration.

Hollywood stars and politicians are ditching their Teslas, and activists are calling for a ‘Tesla Takedown’ movement.

Meanwhile, Tesla dealerships have been targeted in acts of vandalism.

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