Tesla Stock Plummets 53% as Competition and Leadership Criticism Mount

The electric vehicle giant faces declining sales, intensifying competition in China, and brand challenges tied to Elon Musk's political involvement.

Tesla's stock has lost over half its value since December 2024, closing at $223, with a 6% drop on Tuesday morning alone.
Analysts have slashed Tesla's 2025 delivery forecast by 500,000 units, citing weakening demand and geopolitical tensions impacting key markets like China and Germany.
Sales in February fell significantly, with a 49% drop in China and a 76% decline in Germany, as rivals like BYD introduce faster charging technology.
Elon Musk's dual role as Tesla CEO and head of the Department of Government Efficiency has drawn criticism, contributing to deteriorating brand perception and protests in multiple regions.
Insider stock sales exceeding $100 million and $16 billion in short-seller gains highlight investor concerns about Tesla's future prospects.