March 10 was a cruel day for the richest person of Elon Musk-The-World. TeslaStock took a sharp nose, his social media platform X (East Twitter) was called “large -scale cyber attack”, and President Donald Trump faced comprehensive outage due to protests against his leadership role (DOGE) in the administration of President Donald Trump.
News driving
Tesla share On Monday, there was a decline of more than 15%, increased its cruel year-over decline by about 45%, as investors slowed down sales, increase competition and worry about CEOs.Elon Musk Increasing political complication.- Connecting Musk’s crises, their social media platform X (East Twitter) faced extensive outage, reporting tens of thousands of users. Musk convicted a “massive” cyber attack, claiming that “the large, coordinated group and/or orchestrated by a country.”
- Tesla’s $ 125 billion market cap wipeout came amid widespread sales in US stocks. In fact, this twin crisis for musk came out against a broad background of market nervousness. NASDAQ performed 4%since 2022, its worst single day, while S&P 500 and Dow Jones also fell rapidly. Investors are afraid that the Trump may trigger the recession of the administration’s tariff and economic policy. Treasury Secretary Scott Besent’s warning of “detox period” by Besant is only increased to those concerns as public expenses.
- Tesla’s post -election rally has evaporated, now trading 11% less with shares, the day Trump won the President.
Big picture
Musk is facing increasing pressure on several fronts: Tesla’s declining sales, political backlash against his role in Trump’s administration, and increasing doubts over the company’s loud assessment.
In Europe, Tesla’s sales have dropped this year – 71%in Germany, 45%in Norway, 44%in France and 44%in Spain. In China, the company is losing ground to offer domestic rivals cheap and more advanced electric vehicles. Even in the US, Tesla has resorted to free supercharging to meet aggressive discounts, low-onion financing, and demand.
Competition is heating up, China’s bide crossed Tesla in EV sales and rolled out driver-aid technique as a free feature-Tesla’s price full self-driving (FSD) package.
- Despite the aggressive price cuts and funding incentives, Tesla’s delivery number is trending downwards:
- According to Evercore ISI, Q1 delivery is trekking for a decline of 4%.
- Tesla has launched 0% financing deal and free supercharging to encourage demand.
- The cybertruck launch has been rocky, in which the initial sales are well below the mask’s estimates.
- Edmunds analyst Ivan Drury: “Tesla was already facing increased competition at all price points. Now, politics adds another layer of polarization.”
What are they saying
- Investor Dag Bonpartha on X: “Large -scale accidents in Tesla Stock. The musc will be cured. Retail investor? Not so much. “
- JP Morgan analyst Ryan Brinkman: “How long can the stock be divorced from fundamental?”
- Protest organizer Alex Winter (in Rolling Stone): “Separating Kasturi from Tesla will be a meaningful blow against this administration … and a strike against what they are most dear to: money and power.”
For Republican, Orthodox and all great Americans, Elon Musk is “putting it on line” to help our nation, and he’s doing a great job! But the radical was left, as they often do, trying to boycott Tesla illegally and carefully, one of the world’s great vehicle manufacturers, and to attack Alone’s “baby,” and damage Alone, and everything that he stands. He tried to do this with me in the 2024 presidential bull box, but how did it work? In any event, I am going to buy a new Tesla tomorrow morning, which is in the form of confidence and support for Elon Musk, which is actually a great American. Why should it be punished to put his tremendous skills to work to make America re -make it great ???
US President Donald Trump
Between lines: #teslatakedown movement and musc’s political troubles
For years, the following helped Tesla insulating Tesla with market realities. But now, that aura disappears, especially the Trump administration distinguishes a growing section of consumers as their deep relations.
The role of Musk as the head of the Department of Efficiency Department (DOGE) – the controversial effort of the administration to reduce federal agencies has made him a polarized political person. Their widespread layoffs and budget cuts have promoted backlash including nationwide protests at Tesla dealership.
The #Teslatakedown movement has received traction on social media, urging Tesla owners to dig their vehicles and investors to dump their stocks. The protesters gathered outside the Tesla showroom in several cities over the weekends, indicating “Stop Musk’s Crime Spree” and “Elon Trump’s executioner”. The Exios report states that some Tesla owners have also changed their car logo to remove their car logo from Musk.
Adding fuel to the fire, Musk himself has embraced right -wing rhetoric, often attached to the X with controversial figures. Their political inclination, once seen as a cidsho, is now becoming a business obligation. The increasing number of consumers is rethinking its Tesla purchasing, not ready to support a CEO that they see as an alliance with the most extreme policies of administration.
Even some investors are surprised whether Musk’s political participation is distracting him from running Tesla. The company has lagged behind in major areas-its long-seeded $ 25,000 car was scattered last year, while moving with competitive innovations such as China’s BYD. Tesla’s recent focus on robots Axis and AI-operated vehicles has yet turned into tangible revenue, making it difficult to justify the assessment of the stock once-time.
Musk’s response: ‘Always look at the bright side’
According to a report in Exios, even on March 10, his personal net worth hit $ 16 billion, Musk appeared shocked.
When asked about Tesla’s struggles in a Fox Business Interview, Musk quoted Monty Python as saying: “Always look at the bright side of life!”
Even in the past, Musk has quoted Monty Python.
His confidence has long assured Tesla investors, but some questions are starting whether optimism is still a warrant.
X outage: Cybralac or self-infusing wounds?
- Musk has cut a lot of X security staff since capturing Twitter, questioning whether the outage was due to a cyber attack-or simply due to self-affected infrastructure failures.
- Reports suggest that more than 40,000 users were affected during peak outage.
- Cyber security experts say Botnet’s attacks are common, Musk claims that Ukraine was involved, without further evidence.
- Since Musk has acquired X, the platform has faced several technical issues – some analysts to blame the undervision in the infrastructure.
What will happen next?
The path of Tesla is uncertain. While Musk insisted that the company would be fine for a long time, it will face severe short -term challenges:
Can Tesla decline its sales? Musk has promised $ 25,000 EV, but no firm timeline exists.
Will political backlash increase? #Teslatakedown Movement is planning to protest more, and some Tesla owners are also selling their cars in protest.
How will the tariff affect Tesla? Trump’s business war and Tesla’s supply chain can hurt more.
Can musk x stabilize X? User’s busyness already with a fall, constant outage and safety concerns may push advertisers and users away.
Tesla’s stock has always defined gravity – but for the first time in the years, investors are wondering if Musk’s magic is closed.
(With input from agencies)
