Tesla action has dropped 15% in the worst day since 2020

TeslaThe stock dropped by more than 15% on Monday, giving the company of electric vehicles Worse negotiation day since September 2020. This is the last of a series of losses in progress, with Tesla’s actions that have constantly decreased in the seven weeks Since President Donald Trump took office.

More than 50% of Tesla’s equity value has been suffered from its At the top of $ 479.86 on December 17 of last yearWith actions now at $ 222.15 when the markets closed on Monday. This erased about $ 800 billion in the value of the companycausing Tesla to lose your status as a billions of dollars last month.

Despite this, Tesla CEO and Trump’s closure Elon Musk He doesn’t seem to think that something should change. Respond to Tesla’s falling cattle in a position on XThe billionaire simply said that “it would be long in the long term”, but did not offer any other development.

Musk’s divided objective was a cause of Concern for certain investors and market analystsEspecially since he surrounds his efforts to work with the Trump administration in the Government Department (DOGE). In addition to Tesla, Musk is also CEO of Spacexowner of Xfounder of Boring businessand co-founder of Neurable.

Speaking in an interview with Fox Business on Musk on Musk on Musk on Music on Music on on Musk on Music on Musk on Musk on Musk “With great difficulty,” but that he expected his work with Doge to continue for another year.

Investors are not the only ones to be wary of Tesla at the moment. The own members of the Tesla board of directors have poured millions in stocks in recent months, which does not inspire confidence in their ability to reverse the company’s fortune. CFO Vaibhav Taneja has sold more than $ 8 million in Tesla shares since Januarywhile President Robyn Denholm has released more than $ 115 million since December. Member of the Board of Directors and Musk’s brother Kimbal also sold Tesla actions worth almost $ 28 million last month.

Tesla At a difficult period at the moment. While the course of his shares initially increased after Trump’s electoral victory, All these gains have since been wiped out. The electric vehicle company seems to be on a spiral down as World sales have droppedAnd Even the tesla prices used fall. Drivers would be Turning Tesla because of her association with Muskwho may have contributed to his The profits drop by 70% shocking in the fourth quarter of 2024.

All this is not even to mention the Protests against CEO Elon Musk which took place outside the Tesla exhibition halls across the country, with people even Hue the Tesla Cybertruck in the parade Tuesday fat from New Orleans. At this point, Tesla association with Musk can do more harm than good.