Elon Musk, CEO of Tesla Inc. , In the White House in Washington, DC, on February 11, 2025.
Harun Schwartz Bloomberg Gety pictures
Timing Postlection Pop has almost disappeared.
The shares of the electric car maker fell more than 8 % on Tuesday, which prompted the maximum of the company's market to less President Donald Trump Election victory.
The stock decreased by 25 % to the start of the year, while the Nasdaq Stock Exchange decreased by only 1.5 %, and more than 35 % of its record slipped on December 16. chief executive officer Elon Musk He has lost more than $ 100 billion in net value on this extension, although he is still the richest person in the world, with a value of about $ 380 billion.
The last segment followed a report from Reuters On Monday that the long -awaited upgrade to the automatic driving systems partially left their owners disappointed. I told many published users that the “Mobility of the City Streets” feature in Tesla in China was less than musk promises to self -driving technology.
Other EV makers in China, including BydPartially provide automatic driving systems for free or much lower cost. The famous Xiaomi SU7OMi includes the equivalent company as a standard standard.
The report from China is added to anxiety between Tesla shareholders. Some concern relates to the company's performance and some of the Musk, who spends most of his time in Washington, DC, which led to the leadership of government efficiency management in President Trump, or Dog.
Musk, along with his team in Washington, got unparalleled access to government computer systems and taxpayers, and the billionaire president enabled the collective shooting leadership of workers in agencies charged with supervising his companies, including Tesla.
The political discourse and extremist political activity in Musk led to the organization of opponents in many markets ProtestsIncluding in Tesla stores and service centers. Tesla decreased Earlier this month On Trump's advertising plans for the extensive definitions of goods from Canada, Mexico and China, which came alongside a decrease in Tesla vehicle records across Europe in January and February.
For the fourth quarter, Tesla I mentioned The profits and sales that were absent from analysts, with car revenues decreased by 8 % from the previous year and operating income decreased 23 %. In a report in late January, the company cited by reducing the average selling prices through the selection of applicants from the Vehicles 3 and the Model Y, Model S and Model X as a major reason for a decrease.
According to the California New Car Association, Tesla sales decreased by 11.6 % in the fourth quarter of 2024 in the state, which was the largest market in Tesla locally.
Tesla's shares are now about 20 % as they were trading before Trump's victory. Most of the remaining gathering is due to the stocks 15 % jump The next day of the elections. Musk was a major supporter of Trump's presidential effort, as he contributed $ 290 million to Republican candidates and the reasons in 2024, with most of that directed to Trump to the White House.
Musk and Tesla did not immediately respond to CNBC requests for comment.
He watches: Tesla shares depend on new vehicles that are presented
