The value of “Tesla” descends without a trillion dollars and a popular anger from Musk

The shares of the Electrical Automobile Company “Tesla” fell by more than 8% this week, which prompted the company’s market value without a trillion dollars to its lowest level since November 7, two days after President Donald Trump’s victory in the elections, according to the American CNBC network.

“Tesla” and Mask .. heavy losses

The stock decreased by 25% since the beginning of the year, while the NASDAC index decreased by only 1.5%, and the stock slipped by more than 35% from its standard closure on December 16.
CEO Elon Musk and the richest man in the world lost more than $ 100 billion in his net wealth during that period, although he is still the richest person in the world with an estimated wealth of $ 380 billion.

Why did the “Tesla” shares decreased?

The latest price slide came in the wake of a Reuters report on Monday stating that the long -awaited update from Tesla to the automatic driving systems partially left their owners in a state of disappointment.
Also read: “Tesla” announces the summons of more than 376,000 cars due to problems
Many users said that the “movement of the city’s streets” provided by Tesla in China did not rise to the level of mask promises about self -driving technology.
Other electric car manufacturers in China, including BYD, offer partially free driving systems for free or at a much lower cost.

Tesla shareholders’ concern

In these cases, anxiety took place between Tesla shareholders with the force of competition in China and anxiety about the company’s performance amid the Master spending most of his time in Washington, DC, where he leads the so -called government efficiency that was established by President Trump.
As well as his team in Washington, Musk won unprecedented access to government computer systems and taxpayers’ data, and that enabled the billionaire to command collective expulsions for workers in the agencies in charge of supervising his companies, including Tesla Company.
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Mask Political activity

Musk, the extremist political speech and activity led to the pushing of opponents in various markets to organize protests, including in Tesla stores and service centers. Tesla share earlier this month due to Trump’s announced plans to impose large -scale customs duties on Canada, Mexico and China, which came alongside with a decrease in Tesla vehicle records throughout Europe in January and February.

“Tesla” profits

In the fourth quarter, Tesla announced profits and sales less than the estimates of analysts, with car revenues decreased by 8% from the previous year and a decrease in operational income by 23%.
According to the California New Automobile Traders Association, Tesla sales decreased by 11.6% in the fourth quarter of 2024 in the state, which was the largest market for Lesla locally.
Tesla shares increased by about 20% from their level before Trump’s victory, and most of the remainder of the rise is due to the share of 15% the day following the elections.
Musk was one of the largest supporters of Trump’s presidential efforts, as he contributed 290 million dollars to the Republican candidates and its issues in 2024 and most of this amount was directed to return Trump to the White House.