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Tesla’s turn as ‘political stock’: Is Musk’s rhetoric tanking his own company?

News RoomBy News RoomApril 2, 2025
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The Tesla share price flopped nearly 6% in华尔街 on Wednesday, as the company’s first-quarter sales were轮胎less for investors looking to shed hope. Despite this, Elon Musk, the CEO of Tesla, has been direct about the risks ahead, making investors nervous. Also, it’s clear that even his tone has become layered, as he’s picking his words wide open, which complicates the simple “I said X, now I’m going to Y” tradition unique to political messaging.

Speaking of which, during a rally in Wisconsin against political candidates, Musk admitted that investors should doubt their wallets. His stock price, which fell to $220 in March, clearly reflects both his status as a divisive figure and hisTrack record of giving investors political boost. The rise of Trump and theassociated media has made Tesla’s stock even more vulnerable.

Musk’s wealth has diminished by $120 billion, bringing it down to $280 billion (€259.72b). Even though 40% of his assets are held in SpaceX, Tesla’s top competitors, like BYD (Build Your Dreams), are setting impressive records in Europe. Despite this, the expensive объ款 continues to dominate markets where affordability is key. In Europe, the BYD Eiffel Four has made a remarkable 60% increase in Q1, rivaling the店里 b Stereo E-208 and ID.3 from carmakers like Volkswagen.

Breaking down the pricing, even({}, Tesla’s older cars like the Model 3 are priced around €46k, which includes tariffs. In contrast, more affordable models in Europe are priced at around €20k. This price disparity makes Tesla, despite its broader market reach, less competitive than European automakers rely on their premium gas-guzzling cars.

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