Tesla's stock faces long-term challenges despite short-term boosts

Tesla shares fell over 15% on March 10, reaching their lowest level since October. The stock rebounded nearly 4% on March 11 after former President Trump endorsed Elon Musk, calling him a "great patriot." Musk's role in government has raised concerns about conflicts of interest, particularly regarding Tesla's self-driving technology and government contracts. Protests against Tesla have increased, with demonstrations occurring across the U.S. and internationally, some turning violent. While Trump's support may provide short-term stock boosts, ongoing protests and competition could harm Tesla's long-term prospects. The company's stock has dropped 45% this year, affecting employee incentives and investment capabilities.