Reported 1 day ago
Elon Musk has blamed Tesla's recent stock decline on his involvement in the Department of Government Efficiency (DOGE) and the backlash he faces politically. He acknowledged that being in this position has resulted in significant financial losses for himself and Tesla shareholders. Analysts have also pointed to product challenges with the rollout of the new Model Y, alongside general market sell-offs and political tensions influencing sales.
Source: YAHOO