Tesla’s Worst Month Since 2022 Coincided with Elon Musk’s First Full Month in White House

Tesla’s Stock Started off March The Way It Left Off Feberry: In the Red.

In Ceo Elon musk’s First full month as part of Donald Trump’s White House, Shares of His Electric Vehicle Company Company Plunged 28%, The Steepest Drop Since DOMBER 2022. March, pushing the company’s market cap to about $ 915 billion.

The slide on Monday followed a social media post from musk over the weekend, suggesing that a “1000% Gain for Tesla in 5 years is Possible” Outstanding Execution. ” And Morgan Stanley Named Tesla Its Top Pick in Us Autos in a note on March 2.

In the company’s Fourth -Quarter Earnings Report In late January, Tesla Said Automotive Revenue Sank 8% from a year earlier and reported a 23% drop in operating income. The company cited reduced average Selling priss its model 3, model y, model s and model x lines as a major reason for the decline.

Tesla also stands to take a hit from new tarifs Being implemented by presiding trump that apply to goods and materials coming from canada and mexico, Where some of its key suppliers are based,

But the recent stock price decline is not just about what’s been happy at Tesla. Musk’s Politics, Work and Antics outside of TeslaAre Apparently Taking a toll.

Musk is currently leading the so-called department of government efficiency (dog), which is making sweping cuts to the us federal workforce, slapping federal Spend and Seeking to Eliminal Relations and Consolidate agencies, all while Pursuing New Government Contracts for His Companies.

In addition to tesla, musk runs spacex and the artificial intelligence startup xai. He also Owns Social Media Company X.

Thought he has preached transparency at dog, musk has kept many details about the group’s work and plans hidden from public view, all white Attaining unprecedented access to federal government computer system and sensitive data Without congressional approval,

On x, where his profile boasts 219.2 Million Followers, Musk have also become more involved in international affairs, for example, promoting Germany’s far right anti-emigrant party AFD, and Drawing Accusations of Election Interference by European Leaders.

The Tesla Ceo has Also used x to spread falsehoods about how Ukrainians View Their president volodymyr zelenskyy, and To baselssly accuse Him of seeking a “forever war” with russia– Comments that Resmble Kremlin Talking Points.

In Response, Anti-Musk and Anti-Teesla Sentiment has Erupted Across Europe and the US

An ad from London recently went viral after appearing at a business kiosk, Euronews Reported. The ad gives a tesla car the nickname of “swasticar,” and features an image of musk Making a gesture Identified by Historians as a nazi salute. Dozens of Tesla Electric Vehicles WERE Also Reportedly Burned in A Suspected Arson Attack in France on Sunday Night.

Tesla New Vehicle Registrations Have Been on a Steep Decline in Europe, Falling in France and Scandinavia in the first two months of 2025, and Plummeting in Germany By Around 60% in January from a year earlier.

In the US, A Series of Vandalism Incidents Began on Jan. 29, at a Tesla Facility in Loveland, Colorado. Over the weekend in new york, nine people were reported and subsequently released after a demonstration outsede of a tesla dealership.

Cybertruck Ownes in the US Have Complained of Negative Reactions to their Angular, Steel Tesla Trucks Ranging from rude gestures to More Intimidating Bullying or harassment.

And a movement that calls itself the Tesla Takedown Is now encouraging people to divest from tesla, and to refrain from buying cars or any other products or services from elon musk’s company.

The movement has gained celebrity support. Japanese American Actor and Author George Takei, Most Famous for His Portrayal of Hikaru Sulu Sulu on “Star Trek,” on Sunday Encouched His Followers on Social Network Bluesky to Consider Joining the TESLA Takedown Movement.

When musk does focus his attention back on Tesla, Rather than the white house, He plays up the company’s future in self-Dr. and Humanoid Robotics.

However, Tesla currently trails some rivals in China and the US in self-driving technology, as a number of companies are already operating commercial robotaxi services while Tesla’s CyberCab is not Yet in production.

Several Chinese Automakers have also begun to offer Partialy Automated Driving Systems that Compare to Tesla’s Autopilot and Full SEL SELF DRIVING SUPSTIONS OPTIONS, Eather for free every Than Tesla’s.

On the company’s latest earnings call, Musk Told Investors that Tesla Should “Be Launching Unsupervised Full Self-Driving as a Paid Service” In Austin, Texas, in June. He Said Driverless Testing Bold Follow in Other Us Cities Shortly after that.

Alphabet-Owned waymo is way ahead, announcing Recently that it’s providing 200,000 trips Each Week across San Francisco, Phoenix, and Los Angeles.

Tesla and Musk Didn’t Respond to Requests for Comment.

Watch: What’s bad for tesla may be good for ev sector