Tesla stock drops 48%, raising shareholder concerns

Tesla's stock has dropped nearly 48% since CEO Elon Musk began working with the government, causing concern among shareholders. The stock fell 15% on Monday, marking its worst trading day in five years and erasing over $700 billion in market value. Pension fund managers are now expressing alarm over the impact on retirement funds for public workers. Critics, including some shareholders, are questioning Musk's focus on Tesla amid his government role, with calls for leadership changes at the company. Protests against Musk have emerged, with some vandalizing Tesla vehicles. Musk responded to the vandalism, stating that damaging property is not a form of free speech.