'Hundreds of billions in value' of Tesla stock has been erased and 'the fall is dramatic' for Musk - London Business News | Londonlovesbusiness.com
Briefly

After a significant surge post-election, Tesla's stock has plummeted by 54%, making it the worst performer in the S&P 500. The downfall underscores the importance of a leader's credibility on a company's value. Elon Musk's vision attracted massive investments, valuing Tesla beyond just a carmaker; investors were betting on revolutionary advancements. However, with sales challenges and Musk's controversial engagements, faith in the company is faltering, indicating that leaders must build resilient companies capable of withstanding scrutiny and market shifts.
Read at London Business News | Londonlovesbusiness.com
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