Elon Musk's Tesla Stock Performance
Elon Musk's Tesla experienced its worst quarterly performance in the stock market since 2022, with shares dropping by 36% in the first three months of 2025, wiping out over $460 billion in market cap. Various factors like Musk's role in the Trump administration, declining new vehicle sales, and challenges in meeting promises for robotaxis have contributed to the stock woes.
Key Points
- Tesla's shares plunged 36% in the first quarter of 2025, marking the worst performance since 2022
- Musk's role in the Trump administration and challenges in meeting promises for robotaxis have contributed to the stock decline
- Tesla faces pressure to deliver on Musk's claims while rivals extend their lead in the market