Musk reassures on Tesla's future amid stock decline

mashable.com

Tesla's stock has dropped significantly, marking its worst day since September 2020. Elon Musk stated it will be fine long-term, addressing concerns after the market closed. The stock's decline has erased all gains since the election. Tesla faces a boycott due to Musk's ties with Donald Trump, leading to a global drop in sales, with some countries seeing decreases of up to 76%. Protests and vandalism at Tesla locations have increased as consumers express disapproval. Donald Trump has publicly defended Musk, claiming activists are trying to boycott Tesla. He announced plans to buy a Tesla to show support, although there is no confirmation he followed through. Musk has thanked supporters on social media.


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