Tesla Stocks are full as protesters continue to speak Elon MuskThe participation of the federal government. Monday, Tesla shares fell more than 13%, marking the lowest point since November, Yahoo Finance reported. At the same time, Musk’s net value has dropped to $ 105 million in recent months.
Musk has faced a continuous decline since Donald Trump appointed him to run the agency now known as the Government Efficiency Department, or better known as DOGE. Although Musk claims that DOGE reduces unnecessary costs in the federal government, protesters are fed up with the loss of various key agencies and thousands of jobs.
While protesters speak against Musk’s support in the right parts, Tesla’s actions have declined more than half since December. According to Yahoo Finance, the company is diminishing sales worldwide. In Germany, which has the largest vehicle market in Europe, Tesla sales have dropped more than half. The company also faces a similar descent to China.
In some places, protesters have vandalized the Tesla buildings and burned recharging stations as part of the campaign called “Tesla Takedown”, Fortune reported.
Police have arrested protesters in areas where violence has exploded during demonstrations. Some protesters have also been arrested to vandalize the Tesla dealerships. On Monday, six protesters were arrested to demonstrate in a Tesla location in Manhattan. In January, Lucy Grace Nelson, 42, was arrested for allegedly writing “Nazi” on a Tesla sign on a Colorado dealership.
In Norway, newspaper ads are mocked from Tesla’s decline, as a Kia announcement read, “I bought it after Elon was crazy.”
