Tesla Struggles Amid Controversy Surrounding Elon Musk's Leadership
Tesla's stock rose sharply on the last day of February, but it wasn't enough to stem losses of nearly 30% for the month. The company's slide after its massive run-up following Trump's election win has been a swift one, with Tesla's stock nearly giving up all its post-election gains. Musk's involvement in politics and his recent actions are raising concerns among investors, who have seen protests at Tesla showrooms and blowback from the firing of government workers.
- The controversy surrounding Elon Musk's leadership may be masking underlying issues with Tesla's demand picture, which could have significant implications for the company's future growth.
- As Tesla gears up to release its first quarter delivery report, investors will be watching closely for any signs that the numbers can revive the stock and alleviate concerns about Musk's political critics.