Tesla's Tumble: Stock Slides 39% Amid Market and Political Pressures
Tesla's stock has plummeted 39% this year, as of March 2025, amid high interest rates hitting auto sales and CEO Elon Musk's political entanglements. Despite strong growth in its energy division, Tesla faces pressure from rising competition and brand erosion. Analysts debate whether its current $250 share price is justified, suggesting potential buyers wait for a drop to $200. The launch of an affordable EV model and autonomous ride-sharing service are hoped-for catalysts.
Mar 17