Tesla's stock has seen a dramatic fall, closing at $222.15 after peaking at $479.86. The decline, partly attributed to CEO Elon Musk's controversial actions, reflects broader skepticism about the company’s future. The stock has lost more than 15% in a single trading day. These financial struggles coincide with rising protests against Tesla, culminating in clashes in various cities. Despite Musk's claims that dissenters are funded by external figures, investors express worry over the company's market value, significantly reduced from around $800 billion just months ago.
Tesla stock, which had reached an all-time high of $479.86, has plummeted 55% to close at $222.15, reflecting CEO Elon Musk's controversial behavior.
Since the opening of trading today, Tesla's stock value has been further reduced by over 15%. This downward spiral has raised concerns among shareholders.
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