Tesla stock has experienced a record-breaking seven-week decline, coinciding with Elon Musk’s entry into the Trump administration. This downturn, pushing the stock to its lowest point since Election Day, reflects concerns from Wall Street analysts regarding decreased vehicle sales and the absence of updates on a planned low-cost model. Multiple firms, including Bank of America and Goldman Sachs, lowered their price targets, citing weakening sales in key markets like Europe and China. Furthermore, intensified competition, particularly regarding Tesla’s Full Self-Driving system in China, contributed to the negative outlook.
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Elon Musk’s net worth has decreased by $110.8 billion from its peak of $464 billion due to a sharp decline in Tesla’s stock price. This drop, influenced by new tariffs announced by Donald Trump, resulted in a single-day loss of $1.5 billion for Musk. Tesla’s stock has fluctuated significantly over the past year, reaching its lowest point since Trump’s election on Tuesday. Despite this substantial loss, Musk maintains influence and potential opportunities for future financial gains.
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Following Elon Musk’s controversial Inauguration Day salute, Tesla’s stock has plummeted over 26 percent, resulting in a roughly $400 billion drop in company value. This decline coincides with growing public and investor dissatisfaction stemming from Musk’s increasingly prominent role in the Trump administration and his management of multiple companies. Concerns about Musk’s “toxicity” and potential negative impact on Tesla’s brand are cited as key factors driving this downturn. Shareholders are divesting, European sales are significantly down, and even retirement fund managers are reviewing Tesla’s valuation.
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Tesla’s stock has plummeted over 35% from its record high, fueled by disappointing performance in China, where its automated driving system fell short of expectations and faces cheaper competition. Negative impacts also stem from lower-than-expected fourth-quarter earnings, decreased sales across multiple markets, and concerns surrounding CEO Elon Musk’s political activities and influence within the Trump administration. These factors, coupled with reduced average selling prices and a general market downturn, have significantly impacted Tesla’s market capitalization. The company’s stock is currently trading at approximately 20% above its pre-Trump election levels.
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Tesla experienced a significant sales decline in major European markets, including a 59% drop in Germany—its lowest monthly total since July 2021. These slumps, also impacting France and the UK, coincide with CEO Elon Musk’s controversial political endorsements and actions, including support for a far-right German party and gestures interpreted as Nazi salutes. European leaders have expressed concern over Musk’s perceived attempts to influence elections for his own financial gain, further contributing to negative public perception. Decreasing Tesla sales are not limited to Europe, with California also witnessing a sustained decline in vehicle registrations.
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Following Elon Musk’s public support of Donald Trump, Tesla initially experienced a surge in stock value. However, the electric vehicle maker is now facing declining global sales, particularly significant drops in key European markets, potentially linked to negative reactions to Musk’s political stances. Simultaneously, Tesla confronts challenges from increased competition and the threat of Trump administration tariffs impacting its supply chain. These factors, combined with recent vandalism at a Tesla dealership, suggest a potential “Trump-lash” impacting the company’s performance and stock price.
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Tesla’s Q4 2024 earnings missed analyst expectations, reporting $25.71 billion in revenue versus the projected $27.26 billion. A significant decrease in automotive revenue, driven by reduced average selling prices and hefty discounts to clear inventory, contributed to a 71% drop in net income year-over-year. Despite this, the company’s energy generation and storage revenue showed strong growth, up 113%. Tesla projects a return to vehicle business growth in 2025 and plans to launch a driverless ride-hailing service later this year.
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Tesla’s fourth-quarter 2024 deliveries totaled 495,570 vehicles, falling short of analyst expectations and marking the company’s first annual decline in deliveries with 1,789,226 total vehicles delivered in 2024. Production for the quarter reached 459,445 vehicles. This news caused a significant drop in Tesla’s stock price. The lower-than-expected results follow a strong year for Tesla stock, which saw a 63% increase in 2024, but contrasts with CEO Elon Musk’s prediction of continued, albeit slower, sales growth.
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Elon Musk’s reported $277 million contribution to the election, coupled with his subsequent $200 billion increase in net worth, raises significant questions about the interplay between political influence and financial gain. This staggering increase, largely attributed to Tesla’s stock performance, occurred in the same timeframe as a major political event, leading many to draw a connection between his political investment and his financial windfall. The sheer scale of the numbers involved is undeniably striking, suggesting a potentially unprecedented level of influence exerted within the electoral process.
The narrative that this represents a “big bet” on Donald Trump that “paid off handsomely” is compelling, but requires careful consideration.… Continue reading
John Q. Hosedrinker 
Matt Underwood