Tesla Shares Plunge as Musk's Political Ties Stir Controversy
Benzinga (Wed, 02-Apr 3:00 PM)
Tesla, Inc. (NASDAQ:TSLA) shares have fallen close to 30% over the past three months amid CEO Elon Musk‘s political involvement with President Donald Trump.
What To Know: Tesla’s stock started off the year valued at close to $400, but the stock has faced heavy selling pressure. At the start of the year, Musk took on his role as head of the Department of Government Efficiency (DOGE).
DOGE has cut thousands of jobs since its start, aligning with broader efforts to reduce the size of ...
