It has not been a great year so far for the manufacturer of electric vehicles Tesla, or for executive president Elon Musk, at least in monetary terms.
A seemingly fixed part of the United States political scene now, anger and criticism of Mr. Musk have shot more than a notch after supposedly emulating fascist greeting in the celebration of the inauguration of Donald Trump.
More recently, he published a message on social networks that said: “Hitler did not murder millions of people. Public sector employees did it.”
While Musk possesses or is head of multiple organizations, such as Space X, Social Media Platform X and The Boring Company, in addition to now its publication in Doge with the United States government, it is towards Tesla that people seem to be venting their feelings.
With Tesla as a company that quotes in the stock market, a decrease in the price of the shares actively affects Musk's vast fortune, since it has only 13 percent of the shares in the company. And with the price of Tesla shares 41 percent to date, and now more than half of December maximum of $ 479 after Trump's elections, that is a huge value collapse.
And the bad news continues to arrive, with a rival pushing technological barriers to offer a faster battery, while short vendors have benefited from Tesla's decline to the melody of $ 16 billion (£ 12.3bn) in the last three months.
Musk has previously declared his disdain for short vendors, calling the approach to the stock market as a “scam.”
The short sale is when investors seek to benefit from a drop in the price of shares, instead of rising. Investors can “cut” an action selling actions effectively that they do not possess: they take them to someone who has them (like a runner) and sells to the market, then seeks to buy those same shares and return them, banning the difference as profits.
With Tesla, the coverage funds have benefited from the price of the shares to fall to $ 238 at the end of Monday's game, report the Financial Times – And before Tuesday's trade, you are ready to fall back into an additional three percent, starting at noon GMT.
The price of Tesla shares continues to increase 45 percent during the past year, but there are concerns that its brand has been significantly damaged by Musk.
He FOOT In addition, he reports that his intervention in politics throughout Europe has contributed to a decrease in sales throughout the region, while protests against their role in the cut of jobs in the United States have also seen demonstrations against Tesla on that side of the Atlantic.
The activity of Musk Antiéologos has not limited itself to the US dealers. UU. London has seen an increase in demonstrations and even the advertising posters that remind people who are buying a “swastika” if they buy a Tesla, apparently directed by a group called “everyone hates Elon”.
“Tesla had a very strong brand value and Elon has managed to destroy it completely,” he told Lekander, managing partner of the clean energy transition from the coverage fund. FOOT.
Meanwhile, JPMorgan analysts explained their thoughts behind an objective price reduction for Tesla's actions: “We struggle to think about something similar in the history of the automotive industry, in which a brand has lost both such rapid value.”
ABC News has reported that four executives or members of the Tesla Board have sold “more than $ 100 million in shares since the beginning of February”, including $ 27 million (£ 20.8 million) sold by Musk's brother, Kimbal Musk, which is located at the company's board.
Far from the stock markets, but in other parts of the sphere of electric vehicles, the Chinese competitor Byd has announced an innovative commercial battery that will allow a complete load in the same time frame as filling an ice vehicle with fuel, four times faster than Tesla superchargers can handle.
Byd last year surpassed Tesla as the world's largest EV manufacturer, although there is no real presence in the United States.
Despite the dramatic fall in fortune, the owner of X remains the richest person on the planet and has a net worth of more than $ 300 billion (£ 231 billion), despite an estimated drop of $ 121 billion (£ 93.3 billion) in total for only the first three months of 2025.
