Elon Musk Faces Mounting Fallout as Tesla Stock Plummets Nearly 50%

Global protests, vandalism, and backlash to Musk's government role deepen Tesla's struggles, with first-quarter sales expected to confirm significant declines.

Tesla's stock has dropped nearly 50% since December 2024, with analysts forecasting further declines in first-quarter delivery numbers due to weakened sales and backlash against Elon Musk's political activities.
Protests organized by the 'Tesla Takedown' movement targeted over 200 Tesla locations globally, with demonstrators opposing Musk's leadership of the Department of Government Efficiency (DOGE).
Incidents of vandalism and violence against Tesla properties, labeled as domestic terrorism by the Department of Justice and FBI, have escalated, prompting federal investigations.
Elon Musk has defended DOGE's aggressive federal workforce cuts as necessary reforms and framed Tesla's stock decline as a long-term buying opportunity despite significant reputational damage.
President Trump hinted that Musk's tenure at DOGE could end by late May, aligning with the 130-day cap on his special government employee designation.