Tesla stock drop over 30% below their December peak
Tesla’s share price has dropped by almost a third since its December high
At the time of writing, Tesla has a share price of $328.50, representing a 5-day drop of 15.19%. Since the stock peaked in December 2024, Tesla stock has seen its share value drop from $488.54 to $328.50. That’s a decrease in value of 32.7%. That’s right, Tesla stock has lost almost a third of its value since mid-December.
Tesla’s recent decline can be blamed on several factors. The sales numbers for Tesla vehicles have reportedly plummeted in Europe. Additionally, there are fears that Musk is now too distracted to run Tesla effectively due to his work with Donald Trump and the Department of Government Efficiency (DOGE). There are also allegations that Musk is actively damaging the Tesla brand with its recent actions.
In recent months, Elon Musk has inserted himself into the global political landscape. Musk isn’t just supporting Donald Trump in the US. Recent months have seen Musk participate in the politics of the UK, Germany, France, and other European nations. This is part of the reason behind Tesla’s declining sales in Europe, as many Europeans are not in favour of Musk’s politics, or his desire to meddle their nations.
Will Tesla’s stock value improve? Who knows. Tesla stock has always been volatile. Tesla’s future success depends on its ability to generate sales and its ability to fulfil its promises. Will 2025 finally be the year that Tesla delivers full self-driving? Will European vehicle sales pick up again? Will Tesla’s Robotaxi plans pay off? Who knows.
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