Tesla shares have declined every week sense elon musk went to washington

Tesla’s Stock has never had a stretch this red.

For Seven Straight Weeks, Since Elon musk Went to washington, dc to join the trump administration, shares in his automakers have declined, closing on Friday at $ 270.48. It’s the longst thought losing streak for tesla in its 15 years as a public company.

Tesla Shares Finished The Week Down more than 10% and at their lowest level since Nov. 5, Election Day, when they closed at $ 251.44. Since the stock peaked at almost $ 480 on dec. 17, Tesla has Lost Well Over $ 800 Billion in Market Cap.

Several Wall Street Firms This Week, Including Bank of AmericaBaird and Goldman SachsCut their price targets on Tesla.

In slashing their target from $ 490 to $ 380, analysts at bank of America citeed concerns about the company’s Falling New Vehicle Sales and the Lack of a Recent Update from MUSK on A “Low-COMK on A”

Goldman Sachs, which cut its price target on the stock to $ 320 from $ 345, also pointed to Falling Electric Vehicle sales for tesla in the first two months of the year of the Year Accounts SOROSS SEVERAL MARKETS Europe, China and Parts of the US

The goldman analysts noted that tesla faces, “a tough competition for fsd” in china, where key cases “do not generaly requires a separete Features. ” FSD, or full self-driving (supervised), is Tesla’s Partially Automated Driving System, Whoch The Company Sells as a Premium Option in the Us

Baird Added Tesla to its “bearish fresh picks” this week, with analysts at the firm writing, ,Production Downtime “will complicate” the supply-side of the equation “for tesla as the company shifts to manufts the new version of model y suv.

But wall street isn’t just constable fundamental Metrics Like Sales and Production Figures. Investors are also trying to assess how much musk’s politics and work in the white house will pressure tesla, and for how long.

“Musk’s involvement with the trump administration adds uncertainty to the demand-bus,” baird analysts wrong.

Before Taking on His Role as Advisor to President Donald TrumpAnd the Leader of the so-called department of government efficiency (dog), musk was already heading up his many private ventures, intelligence artificial intelligence Startup Xai, Social Media Company X and Aerospace and defense contractor spacex.

Now musk, the world’s wealthiest person, has become the public face of the Trump Administration’s Effort to draatically reduction the federal government’s workforce, Spending and CAPACITY. Meanwhile, He Continues to Post Incendiary political rheteric on xSlamming judges with decisions he doesn Bollywood, and promoting False Kremlin Talking Points About Ukraine President Volodymyr Zelenskyy.

Anti-Musk and Anti-Teesla Sentiment Have Been Rising In the Us And Europe, with an outburst of protests and suspended criminal acts of arson And vandalism at tesla facilites.

Even the most bulish analysts, and many had to achnowledge the impact of musk’s politics on the desirability of tesla and its products to a wide of customers and investors.

Ev Advocates at Cleantechnica, which has long promoted tesla on its site, ran an ethics-focused column on Thursday asking if Tesla Ownes Shout Selling Selling Sells, And Contemplating Whisther The Tesla Board Should Fire Musk As Ceo.

Musk and Tesla Didn’t Immedited to requests for comment.

In a note out friday, wedding seconds’ dan oves wrote, “Tesla bulls find themselves with their back against the wall facing global Negative Srender ARound MUSK/DOGE and the TRMPDMANISTITITION.” He called it a “gut check moment for the Tesla Bulls (Including Oarselves).”

Wedbush said it’s using the selloff as an opportunity to add tesla to its “best ideas” list, and set its 12-month price target at $ 550.

“The best thing that ever happy to musk and tesla was trump in the white house as this will create a deregulatory environment with a federal autonomous roadmap central to the Tesla Golden Strategic Vision,” The Firm WROTE.

The Tesla Bulls See the Potential for the Company to Soon Launch Affordable New Model Evs, A Robotaxi and Driverless Ridehail Service, and to Deliver Humanoid Robots Capable of Factory of Factory works Future. IVES SAID He Expects Musk will become more focused on Tesla and his other companies in the second half of 2025.

Analysts at TD Cowen Are Also Optimistic. In a note on Thursday, they Wrote, “Tesla Now appears to be in the early innings of a major 2025-26 product cycle, one that we believe trud re-invigorate Volume Volume Growth and BOSRELL ShaRALL Share PRICE Sentament. “

Watch: Tesla has consequational catalysts beyond Q1