Tesla's year is off to a brutal start
Briefly

In early 2025, Tesla's bright prospects following President Trump's reelection dimmed as the automaker encountered numerous challenges, including protests and vandalism. A recent incident involving a Cybertruck explosion outside a prominent hotel highlighted Tesla's turmoil, exacerbated by political backlash against CEO Elon Musk's involvement in controversial initiatives. Despite generating some hope with the potential launch of a robotaxi and affordable EV production, investors have seen a sharp decline in stock value as boycotts and vandalism escalate, leading to calls for Musk's defense from Trump himself.
Tesla's promising future post-Trump's win has drastically changed, facing protests, vandalism, declining sales, and a tumbling share price.
Despite initial optimism, Tesla's start to 2025 has been marred by external challenges, including protests, vandalism, and significant stock price declines.
Read at Business Insider
[
|
]