Tesla Faces Record Trade-Ins and Stock Decline as Challenges Mount

The electric vehicle maker grapples with financial losses, product recalls, and backlash over Elon Musk's political role.

Tesla's stock has lost nearly half its value since December 2024, with a 42% decline reported in 2025 so far.
March 2025 saw the highest-ever share of Tesla trade-ins, with a 300% increase compared to the same period last year, according to Edmunds.
The company has recalled over 46,000 Cybertrucks due to safety concerns over exterior panels detaching while driving.
Protests and vandalism targeting Tesla properties have escalated, though authorities found no evidence of coordination despite claims from Elon Musk and Donald Trump.
Commerce Secretary Howard Lutnick's public endorsement of Tesla stock has raised ethics concerns, while President Trump has labeled vandalism against Tesla as 'domestic terrorism.'