Overview

• Tesla's stock has dropped nearly 50% since December 2024, erasing billions in market value and raising concerns among investors and employees.
• The National Highway Traffic Safety Administration recalled over 46,000 Cybertrucks due to safety issues with exterior panels detaching while driving.
• Protests and acts of vandalism targeting Tesla dealerships, vehicles, and charging stations have escalated, with some incidents involving arson and Molotov cocktails.
• Tesla owners are trading in their vehicles at record levels, with March 2025 seeing the highest share of Tesla trade-ins ever recorded, according to Edmunds data.
• Elon Musk's dual roles as Tesla CEO and head of the Department of Government Efficiency have sparked criticism over conflicts of interest and damaged Tesla's brand.