Tesla stock drops over 15%, CEO faces backlash

rollingstone.com

Tesla's stock price dropped over 15% on Monday, marking one of its worst trading days since going public in 2010. The decline has erased more than 50% of the company's value since mid-December, totaling around $800 billion. Elon Musk's recent social media activity included posts promoting Tesla amid rising backlash against the brand. He shared videos and comments from supporters while also addressing protests and vandalism at Tesla locations, which he attributed to political motivations. Musk has faced criticism for his comments and actions, including accusations of spreading misinformation. He has linked protests against Tesla to wealthy liberal donors, a claim that has been disputed by those named.


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