Tesla Faces Stock Decline Amid Political Controversy
Tesla's stock is plummeting as CEO Elon Musk's political involvement sparks backlash. From boycotts to declining sales, here's what’s happening with the EV giant.
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Tesla's stock has dropped nearly 41% this year, with a 6% decline just on Monday.
Investors are growing concerned as Musk's political ties with the Trump administration continue to stir controversy.
Some Tesla owners are even selling their cars, fearing vandalism due to Musk’s political stance.
Major Tesla investor Christopher Tsai has warned that Musk’s political involvement is negatively impacting the company.
He hopes Musk will step back from politics and refocus on Tesla’s business.
Meanwhile, Tesla’s sales in the U.S.
dropped 11% in January, while other EV brands saw growth.
Tesla is facing intense competition from Chinese EV makers like BYD.
In response, Tesla is planning a cheaper Model Y to regain market share.
However, analysts warn that Musk’s focus on politics and the Cybertruck may be distracting from Tesla’s core business.
While the broader stock market is recovering, Tesla continues to slide.
The S&P 500 and Dow Jones saw gains, but Tesla’s stock fell nearly 5% on Monday.
Analysts cite weakening demand, brand perception issues, and Musk’s political distractions as key reasons for the decline.
With Tesla’s stock struggling and sales declining, the company faces an uncertain future.
Will Musk step back from politics to focus on Tesla?
Or will the brand continue to suffer?
Investors and customers alike are watching closely.
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