Tesla's stock has taken a devastating hit in the first quarter of 2025, plunging 36% and wiping out a staggering $460 billion in market capitalization. This sharp decline marks one of the company’s worst performances, triggered by a perfect storm of political risks, weakening sales, and market uncertainty. Tesla’s stock, which surged after the 2024 U.S. presidential election amid expectations of Elon Musk’s influence under President Trump, has reversed course dramatically. Musk's prominent role in Trump’s administration as the leader of the Department of Government Efficiency (DOGE) has drawn fierce political backlash, with critics questioning his push for drastic federal spending cuts, including a reported $140 billion reduction. As protests and incidents of vandalism target Tesla vehicles across the U.S. and Europe, the company’s market struggles have worsened.
In addition, Tesla faces challenges in its core markets. Vehicle registrations in Europe have plummeted, and competition from Chinese rivals like BYD has intensified. The much-anticipated Model Y refresh failed to meet demand expectations, and tariffs imposed by Trump on Mexico and China have added uncertainty to Tesla’s supply chain. With Musk’s ambitious robotaxi plans set for 2025, can Tesla recover, or is this the beginning of the end for the electric giant?
https://lk-99kor.blogspot.com/2025/04/tesla-stock-plummets-36-is-this-elon.html
Tesla Stock Plummets 36%: Is This Elon Musk’s Biggest Crisis Yet? | Financial Growth
Political Risks and Sales Slump Trigger Historic Drop Tesla, the American electric vehicle giant, has just endured one of its most brutal quarters in history, with its stock plunging 36% in the first three months of 2025, wiping out a staggering $460 billi
lk-99kor.blogspot.com