Tesla Stock: Elon Musk's Wild Ride Amidst Political Storms

By: Tripti Singh

esla stock experienced a dramatic 15% drop, erasing post-election gains. What's behind the turmoil?

Tesla Stock Plummets: Musk's Companies Face Turbulent Times

1.

Trump Vows to Buy Tesla Amidst Musk's Struggles

Fill in some Donald Trump pledged to buy a Tesla, showing support for Elon Musk, whose companies, including Tesla, X (formerly Twitter), and SpaceX, are facing significant challenges. Trump stated "Elon Musk is ‘putting it on the line’ in order to help our Nation, and he is doing a FANTASTIC JOB!". This support comes as Elon Musk net worth sees a huge drop.

The Tesla stock price today reflects investor concerns. Sales are down, particularly in Europe, and political controversies are impacting the brand.

Tesla Stock Price Today: A Deep Dive Into the Decline

X (Twitter) Outage: Cyberattack Suspected

X faced a massive outage, with Musk claiming it was due to a cyberattack. "There was (still is) a massive cyberattack against X," Musk wrote. X stock is still private, but the value has taken a hit since Musk's purchase.

SpaceX Starship Explosions: Setbacks in Space

SpaceX's Starship rockets have faced multiple explosions, causing debris and flight disruptions. Despite the setbacks, Musk remains optimistic. Spacex stock is still private, and these events make it more volatile.

Protests and Attacks: Tesla Under Fire

Tesla vehicles and showrooms have been targets of protests and even violence. Musk blames liberal activists, including George Soros. Trump claims radical leftists were working to “illegally and collusively boycott Tesla”. Tesla stocks are being affected by these events.

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