Tesla stock is falling because Elon Musk’s stock is falling

Financial Times

Financial Times

Summary

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The company's market capitalization has dropped 45% since hitting an all-time high of $1.5 trillion on December 17, erasing most of the gains the stock made after CEO Musk helped finance the election victory of U.S. President Donald Trump.
The Gazette
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Tesla Inc shares witnessed the largest single-day decline in its price since September 2020 due to growing concerns on Wall Street about demand for its electric vehicles (EVs).
Hindustan Times
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Tesla Shares Plummet as Wall Street Rethinks Sales Projections
Bloomberg News
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As global stock markets tumbled on fears that Donald Trump’s trade wars will fuel inflation and tip the US into recession, shares in the electric car maker fell 15 per cent to $222.
Daily Mail

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References

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CNBC
Tesla shares declined every week since Elon Musk went to Washington
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