Musk in crisis: Tesla sales are collapsing, protests are increasing!

Musk in crisis: Tesla sales are collapsing, protests are increasing!

The Tesla stock crash is experiencing a turbulent decline. On Monday, shares fell more than 15 percent, reaching their lowest level since Election Day. These developments are a direct response to declining sales and increasing protests against Elon Musk, who currently holds a high-profile political role in the US. Loud vienna.at Tesla sales in Europe fell a dramatic 76 percent year-on-year in January, while the brand faces intense protests stemming from Musk's political activities.

A volatility marathon for investors

Already after the late 2024 election, which Donald Trump won, Tesla's share price skyrocketed as Musk acted as the US government's de facto cost-cutting officer. It found that the price has fallen by more than $700 billion from December highs, a loss of over 50 percent. This dramatic development has investors concerned about Musk. The New York Times reports concerns that Musk is not spending enough time managing Tesla as sales continue to plummet.

This decline could not only threaten company profits, but also put a strain on Musk's personal fortune. Musk's wealth, which is estimated to be over $300 billion, depends heavily on stock valuations. The decline could force him to add collateral, which poses additional financial risks for him.Concern is growing about Musk's political connections impacting the company, particularly after reports of protests in which Tesla charging stations were set on fire and shots were fired at a dealership.