Although Elon Musk is certainly not in danger of struggling to put an end to the end, his wealth has scored a big hit in the last few months.
Recently, for example, Musk lost $ 29 billion in one day after Tesla’s shares, his electric vehicle manufacturer, fell by 15 percent on Monday, the worst day of shares prices from a loss of 21 percent in September 2020.
The market value company on the stock market fell 45 percent because December 17, 2024, reached the maximum of all time of $ 1.5 trillion. And from March 11, according to The Bloomberg Index of the BillionaireThis meant that $ 126 billion was shaved Musk’s personal wealth since the beginning of this year, not an insignificant amount despite huge financial proportions.
Some analysts say this is an indication that men’s controversial comments, his connection with US President Donald Trump, would have a significant impact on his personal wealth with his new, long -lasting role of American federal bureaucracy.
‘White period’
“Tesla who is sold this way is influenced. It’s the heart and lungs of a musk ecosystem,” he told CBC News Wedbush Securities Financial analyst Dan Ives in an interview with CBC News Wedbush Securities.
“Does it affect the musk everyday? No. Does the signal be a male, [Tesla] Board? That.”
This signal suggests Ives, is that Musk, who owns about 13 percent of Tesla, must be diverted to his role as the Tesla CEO.
“It’s definitely a white joint period,” he said. “That’s the moment of truth for the musk.”
Growing opposition to Elon Musk and his role in the US government had Tesla owners caught in the middle, and some said they were embarrassed to see them supporting Mošus Mošus.
Analysts say Tesla’s drop price fall can, at least in part, be attributed to an increased competition with which he faced rival electric vehicles, especially outside China. The sale hit 12 percent in California, its largest market, and it fell significantly in Europe. In Germany, for example, sales decreased by 76 percent in February.
Last year, Tesla recorded the total sales drop by one percent, which is the first fall in more than a decade.
Some of this fall may be attributed to operational challenges – expecting new models and refreshing Tesla Y, along with supplies management – Finthly reported this month.
Ives added that lukewarm demand for EVS was a problem.
But Anthony Sassine, a senior investment strategist at the New York investment company Kraneshares, said in a recent interview with CNBC to believe that Tesla’s shares are falling because of “a series of misleading strategic” Musk “initiatives.
They included focus on Cybertruck, not other, cheaper Tesla cars, as well as what he said was “a man’s involvement in politics and the return of investors and customers in the USA -UI Europe.”
Last month’s report by the ASULTAINCY CONSULTANCY Finance brand found that the Tesla brand value fell by 26 percent due to “missed expectations of revenue, increased competition in the EV sector sector in the key markets, especially in China”.
Mushroom under fire
However, its results also fell to measures, including reputation and recommendation.
Musk attracted controversy for his comments on X, the social media platform he owned previously known as Twitter, along with his support from Trump’s and the extremely right -wing candidates around the world. In the meantime, he faced a return reaction because of his role in the efforts of reducing the Trump administration government, known as the Government or Doga Efficiency Department.
The boycott of Tesla vehicles, protesters appearing in US exhibition salons, and even vandalizing Teslas on the street are proof that the men’s company has become a symbol of Trump and Doge, which eventually hurts, Ives said.
“Tesla is synonymous with musk. Musk is synonymous with Tesla. And the erosion of the brand cares,” he said.
Many Tesla’s basic customers are usually democrats on both shores, Ives said, so “the last thing you want is is Tesla associated with Donald Trump, Maga.”
This could be difficult after Trump sat in a driving seat with a red model of Tesla on Tuesday, and Musk rode the shotgun as the vehicle was sitting on a white house approach. This happened after the president published on his own social media platform the night before he bought a new Tesla.
“Elon Musk” puts him in order to help our nation, and he does a fantastic job! ” Trump wrote in a post about Truth social. “I will buy a brand new Tesla tomorrow morning as a show about confidence and support to Elon Musk, a truly great American.”
Instead of focusing on Tesla’s innovation and growth, Musk has become a polarizing figure, alienating key international markets where political mood plays a major role in perception and consumer decisions, Abigail Wright, an adviser in the Chamber of Commerce for a business counseling company, Newsweek.
“If he had directed his energy into space research and technological progress instead of politics, we might already see the breakthroughs that benefit from humanity instead of falling in stock and damage to the brand,” she said.
Musk still richer than the rosen
But not all the bad news for Musk, which also owns the Pace X rocket manufacturer X. continues to retain the richest person in the world, with a total net value of $ 307 billion, according to the Bloomberg billionaire Index.
Amazon founder Jeff Bezos comes second with a net value of $ 218 billion.
US federal workers have been ordered to justify their jobs this weekend, handing over five bullets to their achievements from last week or confronted with a break up. The initiative led by Elon Musk and his team of the Department of the Efficiency of the Government (Doge) has Republican support, democratic opposition and warnings of the legal challenges ahead.
Despite the fall in stock prices, Tesla’s market value on the stock market is currently more than $ 700 million, which still makes it the most prized car manufacturer in words. At the top is the next nine most interesting cars manufacturers combined, which collectively sold about 44 million cars last year, compared to Tesla’s 1.8 million.
In addition, the Tesla model Y was the best -selling vehicle for 2024.
In a recent interview with Fox Business, Musk admitted that he had conducted his business with “great difficulties”.
But Ives says that, in order to maintain damage, Musk must be more involved in the company, that he must appear at the Tesla factory or salon, not just in the White House or in Mar-A-Lag.
“He has to show that he is a pilot on the plane, not sleeping behind the wheel.”
