What is the reason behind Elon Musk's Tesla downfall?
Since Elon Musk, the world's richest person and one of the leading tech entrepreneurs, entered politics, Tesla's market has been on a downward trajectory. This Monday, the stock dropped by 15%, reaching $215, marking its worst performance since 2020. The most concerning aspect is that the decline in Tesla's share price continues. Recently, there have been multiple incidents of vandalism and arson on Tesla cars in various parts of the United States. In today's report, I will explore why Tesla is struggling. Is Trump's trade policy weighing heavily on his 'bromance' or brotherly bond with Elon Musk? Or is it his entry into politics that has become his downfall? We will also look into how Tesla's decline is affecting Musk's personal life.
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