Money and business

“Tesla” bleeds more losses after a large -scale sale of American stocks

The sales operations in Wall Street intensified and were “Tesla” at the forefront of the losers, as its shares decreased resounding, and became threatened with a bleeding of successive losses, despite the political relationship between Elon Musk (CEO of the company) and Donald Trump, according to the American CNBC.

A significant decrease in Tesla shares

Tesla shares 15 % in the last trading in its worst day in the market since September 2020.
The company has now lost more than half of its value since it reached its climax on December 17, a decline that has eliminated about 800 billion dollars in the market value.
Musk’s arrival to the Oval Office did only to increase his crises, as the last Tesla company slipped with the period of CEO Elon Musk at the White House under the presidency of Trump.
Also read: “Tesla” is retreating in Europe amid a popular anger from Musk’s comments

“Tesla” .. 7 weeks losses

On Friday, Tesla Company concluded its seventh week in a row of losses, which is the longest chain of losses since it appeared for the first time on the Nasdaq Stock Exchange in 2010. The stock decreased every week since CEO Elon Musk went to Washington, DC, to take over a major role in the second White House during the Trump era.
Since its peak at 479.86 dollars on December 17, Tesla shares lost more than 50 % of its value, which has erased more than $ 800 billion in the market value and was the seventh day of the share ever.
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“Tesla” leads the declines

Tesla led a wider decline in the American stock markets, with the Nasdaq index decreased by 4%, which is its largest decline since 2022.
During an interview on the Fox Business channel, Mask was asked about how he managed his business while performing his role in the White House under Trump’s administration, and he said he was “with great difficulty.”
In addition to the problems of Tesla, the Music X social platform witnessed several interruptions over the course of Monday, and its space and defensive company “SpaceX” in two consecutive explosions achieved during the experimental trips of its huge Starsp missile.

Musk and Trump Cooperation

Mask also said that he expected to stay in the Trump administration for another year.
“It will be good in the long run,” referring to the sharp decline in the price of Tesla.
The decrease in the shares of Tesla Monday was linked to the uncertainty surrounding President Donald Trump’s plans on customs duties.
Canada and Mexico are the main markets for car suppliers, and the increasing customs duties are likely to affect the possibility of a trade war on production and lead to high prices.
Tesla also faces erosion in its brand due to the inflammatory political discourse that Musk is adopted and his intense work with the Trump administration, as he leads the so -called government efficiency management.
Musk, the richest person in the world, became the general face of the administration’s efforts to reduce the workforce, spending and ability in the federal government significantly.

Mask accusations

Meanwhile, the XC mask used accusations to judges who did not like their decisions and promoted false conversations to the Kremlin about Ukrainian President Volodimir Zellinski.
Activists and former admirers protested a mask in Tesla facilities throughout the United States, and Tesla vehicles and its facilities were clear targets for sabotage and attempts to deliberately burn.
Police told CPC that repeated vocal burning attempts and sabotage occurred in Tesla stores and a service center in Le Colado.

What analysts say?

“The recent reports on sabotage may harm the request. When people’s cars are at risk or ignition, even people who support or indifferent mask may think twice before buying a Tesla car.”
Bank of America analysts wrote that the sales of the new Tesla vehicles fell by about 50% in Europe in January compared to the previous year, partly due to the increasing aversion to the brand.
The company also indicated that some potential customers are waiting for the new version of the Way.
Car car sales increased globally, including fully and hybrid electrical models by 21% in January compared to last year, even with Tesla’s decrease and growth was driven by demand in Europe.

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