Tesla Faces Vandalism, Stock Drop Amid Musk-Walz Tensions

Minnesota Governor Tim Walz recently joked about Tesla's declining stock during a public appearance, stating he checks the stock to boost his mood, which prompted a sharp response from CEO Elon Musk. Walz's comments were made amidst a troubling backdrop for Tesla, which is facing significant challenges including a 41.4% drop in stock value year-to-date and vandalism against its properties across the U.S. Critics, including some political commentators, condemned Walz for celebrating Tesla's struggles, highlighting the company's employment of over 80,000 Americans and the negative implications of a stock decline. Musk retaliated on social media by referencing Walz's recent electoral loss, framing his jab as a reflection of Walz's political failures. The ongoing turmoil for Tesla has been exacerbated by increasing competition, concerns over government spending cuts, and the backlash against Musk's political ties. The situation has sparked discussions around the impact of political rhetoric on American businesses and the broader implications for the electric vehicle market.