Overview

• Tesla's stock has dropped nearly 50% since December 2024, losing over $500 billion in market value.
• Global sales have sharply declined, including a 49% drop in Europe during the first two months of 2025.
• Elon Musk's role in the Trump administration has alienated liberal consumers, with trade-ins of Tesla vehicles reaching record levels.
• Conservative support for Tesla, including endorsements from Donald Trump, has not translated into significant new sales.
• Potential threats to EV tax credits under the Republican-led legislature could further impact Tesla's pricing and competitiveness.