Tesla shares down 15%, facing significant market decline

Tesla shares fell 15% on Monday, marking the worst decline since September 2020. This drop follows a seven-week losing streak, the longest since the company's Nasdaq debut in 2010. The stock has lost over half its value since December. The decline is linked to uncertainty over President Trump's tariff proposals, which could affect production costs and prices. Additionally, CEO Elon Musk's political involvement and controversial statements have impacted Tesla's public image. Vandalism and arson attempts at Tesla facilities have also raised concerns about demand. Analysts noted a nearly 50% drop in Tesla's new car sales in Europe in January compared to last year, with some buyers delaying purchases for the updated Model Y.