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