Tesla's share price declines due to multiple challenges

Tesla's share price has fallen for seven consecutive weeks, marking its longest losing streak since going public. The stock has dropped 45% since its peak in December, losing over $800 billion in market value. Factors contributing to the decline include market volatility linked to political events and a perceived distraction from CEO Elon Musk's involvement with the Trump administration. Additionally, Tesla faces increased competition and concerns about its growth prospects. Analysts have downgraded Tesla stock, with some suggesting a further 30% drop. The company reported a 23% decrease in operating profits for the last quarter of 2024, and vehicle deliveries fell year-on-year for the first time.