Techno

Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow

Tesla’s shares have been in tears since Donald J. Trump in the presidential elections. Investors were betting that the car maker would benefit from More than 250 million dollars Its CEO, Elon Musk, spent to support the Trump campaign.

But a 8 % decrease in Tesla shares on Tuesday, but it eliminated the remainder of this gathering. Investors who once believed that Mr. Trump could help remove the organizational obstacles of independent driving technology from Tesla. Anxiety that Mr. Musk spends a lot of time in Washington While Tesla sales decrease.

They are also worried that Mr. Musk was immersed in right -wing policy, including his support for an extremist right -wing party in the German elections on Sunday, Large numbers of buyers are alienated. In the United States, some Republicans are concerned about reducing the cost of Mr. Musk and burns as head of the so -called government efficiency.

It threatened the decrease in shares, which withdrew the market value of Lower $ 1 trillion, and Mr. Musk put as the richest person in the world because many of his wealth in Tesla shares. Decreases will raise more disturbances between investors and employees who feel upset because Mr. Musk has not expressed a plan to stop the basic erosion of the market share in the United States, Europe and China.

The stocks were closed at $ 302.80 on Tuesday, the lowest level since November 7, after two days of elections. This decreased by 37 percent of the peak of $ 479.86 in the end on December 17.

The losses on Tuesday were part of a reaction to a catastrophic decrease in European Tesla sales, which 50 percent decreased in January of the previous yearAccording to the new auto registrations that were evaluated by the European Car Manufacturers Association. Tesla sales in the region decreased even with the total market of electric cars by 34 percent, according to a report issued by the association on Tuesday.

Tesla’s performance recently rocked the belief of some investors who have long been optimistic about the company’s prospects. Gary Black, the administrative partner of the Future Fund, who has 488,000 followers on X, said on Sunday that he was “optimistic about” Tesla “four years ago so far.”

Mr. Black pointed out that the Cybertruck sales, the latest vehicle in Tesla, was disappointing and that the company was forced to reduce prices for the Model 3 Sedan and Model Y Sport to support sales, and reduced a profit profit.

But he said that his company still has Tesla shares and that it expects to recover to $ 380 in six to 12 months.

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