Musk's Political Focus Challenges Tesla Leadership

Elon Musk's recent focus on politics and his role in the U.S. government under President Trump has coincided with significant challenges at Tesla, including declining sales and a drop in stock value. Tesla's stock has fallen sharply, with a 28% decline in February, as Musk's political views and divided attention have reportedly alienated some customers and investors. In Europe and Australia, Tesla's sales have plummeted, with decreases of over 50% in countries like Norway and Sweden, partly due to increased competition and backlash over Musk's political stances. Investors and Tesla board members are increasingly expressing concerns over Musk's leadership, with Tesla chairwoman Robyn Denholm selling $33 million worth of stock amidst the turmoil. Meanwhile, Musk’s demand for accountability from U.S. federal employees is being mirrored by Tesla investors, who are questioning his contributions to the company as they experience losses. Overall, Musk's involvement in politics and multiple ventures is raising doubts about his ability to effectively lead Tesla during these turbulent times.