Tesla Stock Plummets Over 15% in Single Day, Erasing Post-Election Gains

The steep decline follows reduced delivery forecasts, protests, and concerns over Elon Musk's dual roles as Tesla CEO and U.S. government advisor.

Tesla's stock price has dropped by more than 15% in a single day, falling to $222 per share and cutting the company's market value to $715 billion from a December high of $1.5 trillion.
The decline comes after analysts downgraded delivery forecasts, marking Tesla's first annual delivery decrease in over a decade despite Elon Musk previously predicting growth.
Elon Musk's role as a government advisor under U.S. President Donald Trump has sparked protests and raised concerns among investors about his ability to focus on Tesla's operations.
Musk's financial stability is tied to Tesla's stock performance, as his wealth—estimated at $300 billion—is heavily reliant on shares he uses as collateral for loans.
Tesla faces scrutiny from regulators over its Autopilot system and uncertainty about the feasibility of its ambitious self-driving and robotics projects, which remain unproven.