Top Line
Tesla shares fell more than 8% as of 1:20pm EST on Tuesday after reports that sales from companies across Europe fell about 45% last month. Net worth from a plunge of about $15 billion.
The general view of the French Tesla headquarters is in San Oen sur Sain to the north. …(+)
Annadoll via Getty Images
Important facts
Tesla shares were $302.6 as of 1:20pm ET, 8.4% lower than the opening Tuesday.
Tesla’s market capitalization also fell to $9729.8 billion as of noon, but it was the last time Tesla’s market capitalization fell below $1 trillion in November last year.
Mask’s net worth fell nearly 4% to $365.3 billion on Tuesday afternoon, nearly $100 billion below its peak of $464 billion on December 17, 2024, according to Forbes calculations.
Technology inventory fell sharply on Tuesday, despite its lower than Tesla as the technology-rich Nasdaq fell 1% in more than a month.
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Big numbers
twenty five%. That’s how much Tesla’s stock has fallen since December 31st, when it was priced at $403.84.
What will happen to Tesla Sales in Europe?
Tesla’s stock price declines have led the company to struggle with selling in Europe last month as Bloomberg is more involved in US politics as Musk is a key adviser to President Donald Trump and a leading European adviser. It came after reporting. A more openly far-right political party. According to a report by Bloomberg, in January 2025, the lowest total of new Tesla cars registered in Germany since July 2021, masks have been releasing the German party’s far-right alternative since August 2022. I’ve been supporting you.
What did the experts say about Tesla stocks?
Tesla stocks have been sluggish since the beginning of the year due to Musk’s role in President Donald Trump’s management, according to a memo from Wedbush’s analyst led by Daniel Ives on Monday. “This influence in the Trump administration and Doge’s expansion initiative in the 202 sector have had visible perceived negative side effects that are heavily weighing on Tesla’s stock,” read Wedbush Note. Doge’s time (more than expected) is far from the moments that are very important to the company and time at Tesla in the year. The memo said that Musk’s behavior “could alienate some consumers to leave the Tesla brand,” but that was primarily “not the main cause of concern” for Tesla. “It’s considered a possible brand issue.”
Important background
Musk has taken on the increased role in the Trump administration, working to reduce government spending and waste, or as an informal leader of Doge. However, as the government moved to quickly lay off thousands of federal probation employees, his team’s actions became increasingly controversial, with the tactics Musk used when taking over Twitter. I tried to implement it. They had achieved it to supervisors last week. Some agency directors advise employees not to comply with their requests. In addition to widespread criticism from Democrats, Musk and Trump have faced many lawsuits and legal challenges surrounding their actions since Trump took office in late January.
Read more
Tesla sales fall 45% in Europe amid Musk’s political interference (Bloomberg)
Here, Trump and Musk win and lose on the court (Forbes)
Email from Elon Musk’s Federal Worker: Musk says employees will get a second chance to respond if Trump says so (Forbes)
The White House and Treasury agree to block Doge from personal taxpayer data, the report says – What do you know here (Forbes)
