Tesla stock price drop and Elon Musk's impact on business
Tesla's stock price plummeted amid ongoing concerns over Elon Musk's activities in the Trump administration, dropping 13% midday. Musk's focus on DOGE and AI solutions for space domain awareness contributed to the stock decline. Musk's net worth fell by $18 billion on Monday.
Key Points
- Tesla stock down 50% since December high
- Musk's net worth fell by $18 billion on Monday
Cons
- Tesla stock plummeted 13% midday
- Investor concerns over Elon Musk's activities in the Trump administration
- Focus on DOGE cryptocurrency raising worries about Musk's leadership