Tesla faces multiple challenges, including a stock price decline of 42% since the start of 2025, largely attributed to CEO Elon Musk's controversial behavior and reduced sales in key markets like Europe and China. The company's recent recall of 46,096 Cybertruck units due to a potential defect adds to its woes. Furthermore, the endorsement of Tesla stock by Commerce Secretary Howard Lutnick raises ethical questions about conflicts of interest within the Trump administration, highlighting the ongoing connections between Musk, Tesla, and government figures.
Tesla's shares continue to plummet as investors react to Elon Musk's controversial behavior and declining sales, with stock down 42% since 2025 began.
The recent recall of over 46,000 Cybertruck vehicles due to a defect adds to the growing list of challenges facing Tesla amid hostility towards Musk.
Critics have voiced concerns over Commerce Secretary Howard Lutnick endorsing Tesla stock, pointing to legal restrictions against federal employees promoting individual stocks.
The Trump administration's past support for Musk and Tesla is underscored by a recent public endorsement from the President, signaling a controversial relationship.
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