Elon Musk faces challenges as Tesla stock plummets

Elon Musk reported difficulties in managing his businesses as Tesla's stock fell to a five-month low. Concerns over his focus on government efficiency cuts have led to investor worries about Tesla's declining demand and significant market value losses. Tesla shares dropped 15% to $222.15, resulting in a market capitalization loss exceeding $130 billion. This decline has affected the Nasdaq index, which fell 4% amid fears of a potential recession due to tariffs imposed by the Trump administration. Protests against Musk and Tesla have emerged, including demonstrations in Lisbon. Despite the stock drop, some investors remain hopeful due to Musk's promises of future innovations like self-driving taxis and humanoid robots.