Reported about 14 hours ago
Tesla's stock valuation has dropped below $1 trillion due to disappointing European sales and growing competition, with analysts attributing the decline to CEO Elon Musk's political engagement and his focus on DOGE. Concerns are rising as Musk's involvement in politics appears to alienate potential buyers, leading to a significant downturn in sales expectations. Investors are watching closely as Tesla's sales numbers show a marked decline.
Source: YAHOO