Elon Musk, head of the government’s efficiency department, spoke at a cabinet meeting with U.S. President Donald Trump on February 26, 2025, in Washington, DC, wearing a shirt with “Technical Support”.
Jim Watson | AFP | Getty Images
Tesla’s Stocks start in March and leave in February: Red.
Among CEOs Elon Musk’s Shares of his electric vehicle company fell 28% in the first full month as part of Donald Trump’s White House, the most dramatic decline since December 2022. Stocks fell another 3% on the first trading day in March, pushing the company’s market value to about $915 billion.
Monday’s slideshow follows a social media post from Musk over the weekend, which shows that “Tesla has made 1000% gains in 5 years” and “has excellent executions.” and Morgan Stanley In the March 2 note, Tesla was named the first choice for American cars.
In the company Fourth Quarter Earnings Report Tesla said that in late January, auto revenue fell 8% from the same period last year, and reported operating income fell 23%. The company believes that the decline in its Model 3, Model Y, Model S and Model X Lines is the main reason for its decline.
Tesla can also get new tariff Implemented by President Trump, goods and materials suitable for Canada and Mexico, Some of these major suppliers are based on.
But the recent decline in stock prices is not just what is happening to Tesla. Musk’s Politics, work and antics outside of Tesla Obviously, losses are being caused.
Musk is currently leading the so-called Department of Government Efficiency (DOGE), which is providing comprehensive cuts to the U.S. federal workforce, cutting federal spending and seeking to eliminate regulations and merge agencies, while also seeking new government contracts for his company.
In addition to Tesla, Musk also runs SpaceX and artificial intelligence startup Xai. He also owns the social media company X.
Although Musk preached transparency at Doge, many details about the group’s work and plans remain, Get unprecedented access To the federal government computer systems and sensitive data No Congress approved.
On X, his profile has 21,920 followers, and Musk is also more involved in international affairs. Promote Germany’s anti-immigrant party AFD on the far right and raised allegations of election interference from European leaders.
Tesla CEO has Also spread about how Ukrainian views Their President Volodymyr Zelenskyy and Unfounded accusation of seeking “forever war” with Russia – Comments are similar to the Kremlin’s key points of conversation.
In response, anti-Musk and anti-Tesla sentiment exploded in Europe and the United States
An ad in London has recently appeared in a bus kiosk EURONEWS Report. The ad gives Tesla cars the nickname “Swastary” and has the image of musk Make a gesture Determined by historians As a Nazi salute. Dozens of Tesla electric cars were also reportedly burned A doubtful arson Attack in France on Sunday night.
Tesla’s new car registration has been falling sharply in Europe, France has fallen Scandinavia In the first two months of 2025, Germany plummeted January is about 60% compared to January.
Demonstrators held signs during a protest at the showroom of Tesla, an electric car maker in Seattle, Washington, USA on February 15, 2025.
David Ryder | Reuters
In the United States, a series of sabotage began on January 29 at the Tesla facility in Loveland, Colorado. Nine people were reportedly arrested and later released after protests outside Tesla dealerships over the weekend in New York.
Cybertruck of the United States Rude gesture arrive More daunting Bullying or harassment.
and a self-proclaimed Tesla cuts Now, people are encouraged to evacuate from Tesla and avoid buying cars or any other products or services from Elon Musk’s company.
The campaign has received support from celebrities. Japanese-American and writer George Takei, known on Sunday for his portrayal of Star Trek’s hikaru sulu, encouraged his followers on the social network Blues to consider joining Tesla’s movement.
When Musk does focus on Tesla, Instead of the White House, He plays the company’s future in autonomous vehicles and humanoid robotics.
However, Tesla currently has some competitors in autonomous driving technology in China and the United States, as many companies are already operating commercial robot services, while Tesla’s online tellers are not in production yet.
Several Chinese automakers are also starting to offer partially automated driving systems that are either free or much less expensive than Tesla’s autopilot and complete autonomous driving supervision options.
In the company’s latest earnings call, Musk told investors that Tesla “should be “unsupervised fully autonomous driving” as a paid service in June in Austin, Texas. Unmanned driving tests will be conducted in other U.S. cities shortly thereafter, he said.
letter– The Waymo owned is about to lead, Announce Recently, it offers 200,000 trips per week in San Francisco, Phoenix and Los Angeles.
Tesla and Musk did not respond to requests for comment.
watch: What is harmful to Tesla may be good for the EV department
