Protests, Vandalism, Stock Drop Strike Tesla Amid Musk's Controversies
Protests, Vandalism, Stock Drop Strike Tesla Amid Musk's Controversies

Protests, Vandalism, Stock Drop Strike Tesla Amid Musk's Controversies

News summary

Tesla is currently grappling with severe backlash manifested through protests, vandalism, and significant stock market declines, largely attributed to CEO Elon Musk's controversial ties with the Trump administration. Recent incidents include the arson of Cybertrucks in Seattle and vandalism at various Tesla showrooms, reflecting growing public dissent against Musk's political affiliations and policies. Reports indicate a staggering 76% drop in Tesla sales in some regions, fueled by a boycott connected to Musk's image and political involvement. As Tesla's stock plummets, now down approximately 45%, the company faces intensified scrutiny from consumers and investors alike. In response, Musk has acknowledged the situation, stating, "This is crazy," amidst the ongoing turmoil. The FBI is investigating multiple incidents linked to the protests, highlighting the escalating tensions surrounding Tesla's reputation and operations.

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